Shivchem Agro IPO 2026: GMP, Price Band, Dates & Details
Shivchem Agro IPO is a SME IPO that will open on 28 September 2026 and will close on 30 September 2026. The issue size is ₹14.01 crore. This issue includes a fresh issue of 22.60 lakh shares. These shares are planned to be listed on BSE SME.
Shivchem Agro IPO Details
| Particular | Details |
| Company | Shivchem Agro Ltd |
| IPO Type | SME, Book Building |
| IPO Open Date | 28 September 2026 |
| IPO Close Date | 30 September 2026 |
| Price Band | ₹59 – ₹62 |
| Issue Size | ₹14.01 Crore |
| Fresh Issue | 22,60,000 shares |
| Face Value | ₹5 |
| Lot Size | 2,000 shares |
| Minimum Bid | 4,000 shares |
| Minimum Investment | ₹2,48,000 |
| Listing | BSE SME |
| Allotment | 1 October 2026 |
| Listing Date | 6 October 2026 |
| Registrar | Maashitla Securities |
| Market Maker | Nikunj Stock Brokers |
The minimum application is 4,000 shares, which's equal to two lots at the upper price band
Shivchem Agro IPO GMP Today
As of 28 September 2026 IPO Watch reports the Shivchem Agro IPO GMP at ₹6. With the price band of ₹62 this suggests an unofficial premium of approximately 9.68%. GMP is a market indicator and can change before the listing.
| Particular | Value |
| Upper Price Band | ₹62 |
| Latest Reported GMP | ₹6 |
| Indicative Price | ₹68 |
| Indicative GMP % | ~9.68% |
About Shivchem Agro
Shivchem Agro Limited is a company that was incorporated in 2021. The company makes, stores, distributes and sells formulations and inputs.
Its product portfolio includes:
- Insecticides
- Fungicides
- Herbicides
- Plant growth regulators
- Rodenticides
- Fertilizers
The company has a manufacturing facility, in Jhajjar, Haryana. It sells its products using a distributor network.
Objects of the IPO
According to the IPO documents, Shivchem Agro plans to use the IPO proceeds mainly for:
- Working capital requirements
- Repayment/prepayment of certain loans
- General corporate purposes
Key Points
- IPO size: ₹14.01 crore
- Price band: ₹59–₹62
- Lot size: 2,000 shares
- Minimum application: 4,000 shares
- Minimum investment: ₹2.48 lakh at the upper band
- IPO dates: 28–30 September 2026
- Allotment: 1 October 2026
- Listing: 6 October 2026
- Exchange: BSE SME
- Latest reported GMP: ₹6
- Business: Agrochemicals and agricultural formulations
FAQs
What is Shivchem Agro IPO price band?
The price band for Shivchem Agro IPO is ₹59 to ₹62 per share.
What is Shivchem Agro IPO GMP today?
The reported GMP for Shivchem Agro IPO on 28 September 2026 is ₹6. This GMP is unofficial. May change.
What is the Shivchem Agro IPO lot size?
The lot size for Shivchem Agro IPO is 2,000 shares while the minimum bid is 4,000 shares.
When does Shivchem Agro IPO. Close?
It opens on 28 September 2026. Closes on 30 September 2026.
When will Shivchem Agro shares list?
The proposed listing date for Shivchem Agro shares is 6 October 2026, on BSE SME.