Shivchem Agro
Price Band
₹62
Lot Size
4,000 Shares
Issue Size
₹14.01 Cr
Fresh Issue
₹14.01 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹62.00
vs Issue: ₹62 (0.00%)
📅 IPO Timeline
✓
Open
Sep 28, 2026
✓
Close
Sep 30, 2026
✓
Allotment
Oct 1, 2026
✓
Refund
Oct 5, 2026
✓
Demat
Oct 5, 2026
✓
Listing
Oct 6, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Shivchem Agro presents a modest investment opportunity within the agrochemical sector, characterized by a tight price band and marginal grey market sentiment. Investors should carefully weigh the lack of comprehensive historical financial data and subscription metrics against potential sectoral growth tailwinds before committing capital.
💪 Strengths
- Experienced promoter group with deep domain expertise in agrochemicals
- Strategically located manufacturing facility with modern processing infrastructure
- Diverse product portfolio covering essential insecticides, fungicides, and herbicides
- Established institutional relationships and sticky customer base
⚠️ Weaknesses
- Moderate reliance on regional domestic markets creating geographical concentration
- Working capital intensive operations typical of the chemical manufacturing sector
- Limited historical financial disclosures relative to large-cap peers
- Vulnerability to raw material price volatility impacting operating margins
🚀 Opportunities
- Expansion into high-margin specialty chemical molecules and export markets
- Favorable sectoral tailwinds driven by government focus on agricultural productivity
- Integration of advanced automation and green chemistry practices to reduce costs
- Strategic partnerships with global agricultural input distributors
🛡️ Threats
- Unpredictable monsoon patterns and climate anomalies affecting crop protection demand
- Stringent and evolving environmental compliance regulations impacting operations
- Intense domestic and international competition in standard agrochemical formulations
- Macroeconomic headwinds and currency fluctuations affecting imported raw material costs
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Funding the working capital requirements of the Company | ₹10.70 |
| Repayment/prepayment, in full or part, of certain loans availed by the Company | ₹6.00 |
| General Corporate Purpose | TBD |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 10.86 Cr | Rs 27.19 Cr | Rs 33.36 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.29 Cr | Rs 2.60 Cr | Rs 3.25 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 1.94 Cr | Rs 4.37 Cr | Rs 6.04 Cr |
| Borrowings (₹ Cr) | Rs 7.10 Cr | Rs 8.26 Cr | Rs 7.28 Cr |
| Total Assets (₹ Cr) | Rs 16.42 Cr | Rs 36.29 Cr | Rs 45.05 Cr |
| ROCE % | 37.66% | 32.33% | 30.41% |
Industry P/E
5.0x
📋 Live Subscription Status
QIB
1.00x
NII
1.00x
Retail
3.50x
Total
2.20x
🎯 Retail Allotment Probability
28.6% Odds
1 in 3.5 chance (~28.6% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Oct 6, 2026 8:09 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹14.0 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
NII (50%)
Retail (50%)
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.