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Shivchem Agro IPO GMP

BSE SMEListed

Other Agricultural Products · Listed on BSE · 28 Sept 2026 - 30 Sept 2026

Jagat JoshiJagat Joshi
October 31, 2026
Issue Size
14.00 Cr
Price Band
₹59.00 - ₹63.00
Lot Size
2000 Shares
Min Investment
₹2,52,000
GMP
₹2
Subscription
2.26x
₹29.01 Cr
IPO Timeline
IPO OpensDONE
28 Sept 2026
IPO ClosesDONE
30 Sept 2026
Basis of AllotmentDONE
01 Oct 2026
RefundsDONE
05 Oct 2026
Demat CreditDONE
05 Oct 2026
ListingDONE
06 Oct 2026

About Shivchem Agro IPO

Set up in September 2021, Shivchem Agro is an agrochemical firm that manufactures, distributes, and sells agricultural formulations. Its product range includes insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers. As of today, the firm has made 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators, and 3 rodenticides. 

The company holds the license to sell and distribute products across 8 states in India, with 685 distributors in five godowns. Its manufacturing facility is situated in Jhajjar, which includes machinery for agrochemical production, an Effluent Treatment Plant, and a Wet Scrubber Unit for managing wastewater and air emissions. Moreover, Shivchem Agro distributes its products in 2 ways: first, by visiting farmers and showing them how to use the products, and second, by using distributors to distribute its products in different areas.

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Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
06-Oct-2026 09:10 AM+₹2₹65+3.17%₹4,000
05-Oct-2026 01:50 PM+₹2₹65+3.17%₹4,000
03-Oct-2026 10:48 AM+₹1₹64+1.59%₹2,000
02-Oct-2026 05:23 PM+₹1₹64+1.59%₹2,000
01-Oct-2026 05:15 PM+₹1₹64+1.59%₹2,000
30-Sep-2026 05:11 PM+₹10₹73+15.87%₹20,000
29-Sep-2026 06:07 PM+₹10₹73+15.87%₹20,000
28-Sep-2026 04:07 AM+₹6₹69+9.52%₹12,000

Shivchem Agro IPO GMP is ₹2 updated as of 06-Oct-2026 09:10 AM. The estimated listing gain for Shivchem Agro is 3.17% with an estimated profit of ₹4,000 per applied lot. Based on the latest GMP, the IPO may list at ₹65.

Shivchem Agro GMP touched a high of ₹10 on 30 Sept 2026, while the lowest GMP of ₹1 was recorded on 03 Oct 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

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Shivchem Agro IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Individual investors (Retail) (Min)24,000+₹8,000
Individual investors (Retail) (Max)24,000+₹8,000
S-HNI (Min)36,000+₹12,000
S-HNI (Max)816,000+₹32,000
B-HNI (Min)918,000+₹36,000

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