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Shivchem Agro IPO Review

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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