Shivchem Agro IPO is a book build issue of ₹14.01 crores. The issue is entirely a fresh issue of 22.60 lakh shares of ₹14.01 crore.
Shivchem Agro IPO opens for subscription on Sep 28, 2026 and closes on Sep 30, 2026. The allotment for the Shivchem Agro IPO is expected to be finalized on Oct 1, 2026. Shivchem Agro IPO will list on the BSE SME with a tentative listing date fixed as Oct 6, 2026.
Shivchem Agro IPO is set issue price band at ₹59 to ₹62 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,48,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,72,000.
Shannon Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd.
Incorporated in September 2021, 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. Its product portfolio is supported by on-field product demonstrations and a distribution network serving multiple agricultural markets.
As of March 31, 2026, the Company had 66 permanent employees, with the largest workforce deployed across sales and marketing, manufacturing and operations, accounts and finance, and field functions.
Competitive Strengths
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.