Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Shivchem Agro Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.24 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Shannon Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Shivchem Agro IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 23,80,800 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 23,80,800 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 52,72,873 shares |
| Share Holding Post Issue | 76,53,673 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Tue, Jan 6, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2021, Shivchem Agro is an ISO 9001:2015, ISO 22000:2018, and ISO 31000:2018 certified agrochemical company based in India. The company manufactures stock, distribute, and sell a wide range of agricultural formulations, including insecticides, fungicides, herbicides, plant growth regulators, rodenticides, and fertilizers. These products are available in both solid (powders) and liquid (emulsifiable concentrates) forms, helping farmers improve crop protection and productivity.
Products:
The company is licensed under the Insecticides Act, 1968 to manufacture 176 agrochemical products—88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators, and 3 rodenticides—approved by the Central Insecticides Board and Registration Committee (CIBRC), Haryana. It is also authorized to manufacture 82 fertilizers under the Fertilizer Control Order, 1985.
The company is licensed to sell and distribute our products in Andhra Pradesh, Telangana, Odisha, Assam, and Madhya Pradesh, with a network of 516 distributors and 6 godowns across these states as of March 31, 2025.
Manufacturing facility: Its manufacturing facility in Jhajjar, Haryana, is equipped with modern machinery and pollution control systems, including an Effluent Treatment Plant (ETP) and a Wet Scrubber Unit.
As on August 31, 2025, its total workforce has 59 permanent employees.
Competitive strengths:
Shivchem Agro Ltd.'s revenue increased by 151% and profit after tax (PAT) rose by 94% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 36.16 | 16.41 | 2.75 |
| Total Income | 27.50 | 10.95 | 2.28 |
| Profit After Tax | 2.51 | 1.29 | 0.13 |
| EBITDA | 4.26 | 1.93 | 0.18 |
| NET Worth | 9.58 | 1.50 | 0.21 |
| Reserves and Surplus | 6.95 | 1.45 | 0.16 |
| Total Borrowing | 8.26 | 7.10 | 1.28 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of our Company | 10.70 |
| 2 | Repayment/prepayment, in full or part, of certain loans availed by our Company | 6.00 |
| 3 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 45.33% |
| ROCE | 31.59% |
| Debt/Equity | 0.86 |
| RoNW | 45.33% |
| PAT Margin | 9.15% |
| EBITDA Margin | 15.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.13% |
Lead Manager Reports
Shivchem Agro IPO is a SME IPO of 23,80,800 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Shivchem Agro IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Shivchem Agro IPO using UPI as a payment gateway. Zerodha customers can apply in Shivchem Agro IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shivchem Agro IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shivchem Agro IPO dates are not announced. Please check back again after some time.
Shivchem Agro IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Shivchem Agro IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Shivchem Agro IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Shivchem Agro IPO allotment status.
The Shivchem Agro IPO listing date is not yet announced. The tentative date of listing is .
