Shivchem Agro IPO Listing Price, Gain & Allotment

Shivchem Agro is an agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations. The issue size is ₹14.01 Cr.

Revenue rose from ₹10.95 Cr in FY24 to ₹33.84 Cr in FY26, a compound annual growth of 75.8%. Profit after tax grew from ₹1.29 Cr to ₹3.25 Cr. That is a net profit margin of 9.6% in FY26. Borrowings were 0.56 times net worth at the end of FY26.

Shivchem Agro listed at ₹62 on 6 Oct 2026, 0.0% against the issue price of ₹62. The last GMP before listing had pointed to about ₹63.5, so it opened 2.4 points below the grey market estimate. It closed the first day at ₹58.9 (-5.0%).

Shivchem Agro is an SME IPO worth ₹14.01 crore with a price band of ₹59 – 62 per share. The issue opens on 28 September 2026 and closes on 30 September 2026. Shares are expected to list on 6 October 2026 on BSE SME.

Shivchem Agro IPO is a book build issue of Rs. 14.01 Cr (0.22 crore shares) by Shivchem Agro Limited, which 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.

It 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.