IPO Details

Shivchem Agro Limited IPO

Shivchem Agro Limited logo
SME IPO
₹1,18,000

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Shivchem Agro Limited

Industry / Sector: Agrochemicals / Pesticides & Fertilizers

Founded Year: September 2021

Promoters: Rohit Agarwal, Sachin Agarwal, Deepa Agarwal

Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations. The Company offers a diversified portfolio of insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers. As of the date of the Red Herring Prospectus, the Company is licensed to manufacture 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators and 3 rodenticides. It also has authorization for manufacturing 82 fertilizers, of which it currently manufactures 8. The Company is licensed to sell, stock, exhibit and distribute its products across eight states in India and, as of March 31, 2026, had 685 distributors supported by five godowns. Its manufacturing facility in Jhajjar is equipped with machinery for agrochemical production and includes an Effluent Treatment Plant and Wet Scrubber Unit for managing wastewater and air emissions. The Company is ISO 9001:2015, ISO 22000:2018 and ISO 31000:2018 certified and provides crop protection solutions through the manufacturing, supply and distribution of solid and liquid formulations. As of March 31, 2026, the Company had 66 permanent employees.

IPO Basic Details

Company NameShivchem Agro Limited
IPO TypeSME IPO
Price Band₹59 – ₹62
Lot Size2000 Shares
Total Issue Size22,60,000 Equity Shares (₹14.01 Cr)

IPO Strengths & Risks

Strengths

  • Diversified Product Portfolio
  • Large and Diverse Distributor Network
  • Automated Filling and Packaging Infrastructure
  • Strong On-Field Product Demonstration Capabilities
  • Manufacturing Facility with Diverse Product Capabilities

Risks

  • Not explicitly stated in the source

IPO Important Dates

IPO Open Date28 Sep 2026
IPO Close Date30 Sep 2026
Basis of Allotment01 Oct 2026
Refund Initiation05 Oct 2026
Demat Credit Date05 Oct 2026
Listing Date06 Oct 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB Quota5.03% of Net Issue (1,08,000 shares)
Retail Quota47.72% of Net Issue (10,24,000 shares)
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 Lots4000₹2,48,000
Retail Maximum2 Lots4000₹2,48,000
S-HNI Minimum3 Lots6000₹3,72,000
S-HNI Maximum8 Lots16000₹9,92,000
B-HNI Minimum9 Lots18000₹11,16,000

Key Performance Indicators (KPI)

ROE28.76%
ROCE30.04%
RoNW-
PAT Margin9.61%
EBITDA Margin17.69%
EPS₹6.16 (Pre-IPO), ₹4.31 (Post-IPO)
NAV per share-
Debt to Equity0.56
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026₹45.04 Cr₹33.84 Cr₹3.25 Cr₹5.98 Cr₹12.92 Cr₹7.28 Cr
FY2025₹36.29 Cr₹27.50 Cr₹2.60 Cr₹4.32 Cr₹9.67 Cr₹8.26 Cr
FY2024₹16.41 Cr₹10.95 Cr₹1.29 Cr₹1.93 Cr₹1.50 Cr₹7.10 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedNot Available
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Maashitla Securities Pvt. Ltd.

Registrar Website: Not explicitly stated in the source

IPO Lead Manager(s)

Shannon Advisors Pvt. Ltd.

Company Information

Address: Unit No. 703, 704, Amba Tower, Plot No.2, Community Centre, D.C Chowk, Sector-9, Rohini Sec-11, North West Delhi, New Delhi - 110085

Website: Not explicitly stated in the source

Email: compliance@shivchemagro.com

Phone: +91 11 46008555

IPO Documents

Frequently Asked Questions (FAQ)

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