SASHIVCHEMListed
Shivchem Agro Limited
Bookbuilding IPO · BSE
- Price band
- ₹59 - ₹62
- Lot size
- 2,000 shares
- Issue amount
- ₹14.01 cr
- Total subscription
- 2.25×
- Opens
- 28 Sept 2026
- Closes
- 30 Sept 2026
- Allotment
- 1 Oct 2026
- Listing
- 6 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 22,60,000 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹1,18,000
- Fresh issue
- ₹14.01 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,24,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 52,72,873
- Shares after issue
- 75,32,873
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,48,000 |
| sHNI | 3 | 6,000 | ₹3,72,000 |
| bHNI | 9 | 18,000 | ₹11,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Total subscribed2.25×
Reported 30 Sept 2026
GMP history
23 Sept₹1.2723 Oct
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 256 | 897 |
| HNIs(10L +) | 113 | 11 |
| HNIs (2-10L) | 56 | 54 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.67 | 0.67 |
| RETAIL | 6.35 | 22.25 |
| NIB | 6.29 | 6.97 |
| HNIs 2+ | 2.1 | 2.26 |
| HNIs 10+ | 4.19 | 4.76 |
| HNIs | 6.29 | 7.02 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
RevenueProfit after tax
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 6.16 | 11.96 | 8.62 |
| ROE | 28.76 | 45.57 | 151.37 |
| ROCE | 30.04 | 31.99 | 37.55 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 10.06 | 0 | 0 |
| POST IPO(PE) | 14.39 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Shivchem Agro Limited | 10.06 | 62.00 | 5.00 | 24.50 | 28.76 | 6.16 |
| Super Crop Safe Limited | 27.83 | 14.47 | 2.00 | 7.80 | 6.69 | 0.52 |
| Sikko Industries Limited | 15.21 | 5.02 | 1.00 | 1.98 | 5.92 | 0.33 |
Company information
Strengths
- Diversified Agrochemical Portfolio: Shivchem Agro Limited manufactures and distributes a broad range of crop-protection products, including insecticides, herbicides, fungicides, plant growth regulators, and fertilizers.
- Strong Distribution Network: The company has built a distribution network of more than 500 distributors and 2,000 retailers across multiple Indian states, supporting wider market reach and farmer access.
- Manufacturing & Product Development: The company operates manufacturing facilities and focuses on product development and new agrochemical formulations, helping strengthen its product portfolio and manufacturing capabilities.
Risk factors
- Raw Material Price Volatility: Agrochemical manufacturing depends on various chemical inputs, and fluctuations in raw material prices can increase production costs and put pressure on profit margins.
- Regulatory & Environmental Risks: Agrochemical products are subject to government approvals, safety standards, environmental regulations, and usage restrictions. Changes in these requirements could affect product availability and operating costs.
- Weather & Agricultural Dependence: Demand for crop-protection products is influenced by rainfall, crop cycles, pest conditions, and overall agricultural activity. Adverse weather or weak farm conditions can negatively affect demand
Promoters
Rohit Agarwal
Sachin Agarwal
Deepa Agarwal
Registrar & documents
Lead manager
Shannon Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
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
+91 11 4600855
[email protected]Company website ↗Understanding SHIVCHEM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.