Shivchem Agro(C)SME
Shivchem Agro is an agrochemical firm that manufactures, distributes, and sells agricultural formulations including insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers.
Price Band
₹62 - ₹62
Lot Size
4000 Shares
Issue Size
₹14.01 Cr
Fresh Issue
₹14.01 Cr
OFS
N/A
Registrar
AI Sentiment Score
Current GMP
+₹1
Est. Listing: ₹63 (+1.6%)
📅 IPO Timeline
✓
Open
Sep 28, 2026
✓
Close
Sep 30, 2026
3
Allotment
Oct 1, 2026
4
Refund
Oct 5, 2026
5
Demat
Oct 5, 2026
6
Listing
Oct 6, 2026
✨ AI Analysis & Prediction
-1.0%
predicted listing gain
Shivchem Agro SME IPO has a modest issue size of ₹14.01 crores, a low GMP, and steady financial growth, indicating a stable but muted listing performance.
💪 Strengths
- Growing revenue and PAT trajectory
- Strong ROCE and ROE metrics
- Experienced promoter group
⚠️ Weaknesses
- Small scale of operations
- Working capital intensive business
- Low grey market premium indicating subdued listing demand
🚀 Opportunities
- Expansion of distribution network across additional states
- Increasing adoption of modern agricultural formulations
🛡️ Threats
- Regulatory changes in agrochemicals
- Unpredictable weather patterns impacting agricultural yields
- Intense competition from established players
🎯 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
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 10.95 Cr | Rs 27.50 Cr | Rs 33.84 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.29 Cr | Rs 2.60 Cr | Rs 3.25 Cr |
| Total Assets (₹ Cr) | Rs 16.41 Cr | Rs 36.29 Cr | Rs 45.04 Cr |
| ROE % | 28.76% | NA | NA |
| ROCE % | 30.04% | NA | NA |
| Debt / Equity | 0.56 | NA | NA |
📋 Live Subscription Status
QIB
1.00x
NII
1.00x
Retail
3.50x
Total
2.20x
Updated: Oct 2, 2026 6:36 PM
💼 Reservation Quota
QIB
5.03%
Retail
47.72%
NII
47.25%
📈 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.
Set up in September 2021, the company operates a manufacturing facility in Jhajjar and holds distribution licenses across 8 states with 685 distributors. Its financial performance shows consistent scaling up of revenues and net profits over the past three fiscal years.
The IPO is a 100% fresh issue aggregating to ₹14.01 crores with a price band of ₹59 to ₹62 per share. The issue has a small market lot size of 4,000 shares and will be listed on the BSE SME platform.