About Shivchem Agro Ltd IPO
Shivchem Agro IPO is a book-built issue comprising a fresh issue of up to 22.60 lakh equity shares. The Equity Shares are proposed to be listed on the BSE SME platform. Shannon Advisors Private Limited is acting as the Book Running Lead Manager, while Maashitla Securities Private Limited is the Registrar to the Issue.
The Company is promoted by Rohit Agarwal, Sachin Agarwal and Deepa Agarwal.
The funds raised through the fresh issue are intended to be utilized towards funding the Company's working capital requirements, repayment or prepayment, in full or part, of certain loans availed by the Company, and general corporate purposes.
About Shivchem Agro Limited
Incorporated in 2021, Shivchem Agro is an India-based agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations. The Company develops and supplies crop protection and agricultural input products intended to support farmers across different stages of crop cultivation.
Its product portfolio spans insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers, enabling the Company to address a broad range of crop protection and agricultural requirements. The Company manufactures formulations in both solid and liquid forms, catering to varied application needs.
Shivchem Agro operates a manufacturing facility in Jhajjar, Haryana, supported by machinery and equipment for the production of agrochemical formulations. The facility is equipped with an Effluent Treatment Plant (ETP) for wastewater management and a Wet Scrubber Unit for controlling air emissions. The Company has obtained the requisite environmental consents for establishing and operating its manufacturing facility.
The Company has progressively expanded its product portfolio and regulatory approvals. The number of agrochemical products for which the Company held manufacturing licences increased from 35 in FY 2022-23 to 232 in FY 2023-24 and 258 in FY 2024-25. As of the date of the Draft Red Herring Prospectus, the Company holds approvals for manufacturing 176 agrochemical products under the Insecticides Act, 1968, comprising 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators and 3 rodenticides, along with authorization for manufacturing 82 fertilizers under the Fertilizer Control Order, 1985.
Shivchem Agro has established a distribution network across Andhra Pradesh, Telangana, Odisha, Assam and Madhya Pradesh. As of March 31, 2025, its products were distributed through 516 distributors, supported by six godowns across these states.
The Company is ISO 9001:2015, ISO 22000:2018 and ISO 31000:2018 certified.
As of August 31, 2025, the Company had a workforce of 59 permanent employees.
Shivchem Agro IPO is a book-built issue comprising a fresh issue of up to 22.60 lakh equity shares. The Equity Shares are proposed to be listed on the BSE SME platform. Shannon Advisors Private Limited is acting as the Book Running Lead Manager, while Maashitla Securities Private Limited is the Registrar to the Issue. The Company is promoted by Rohit Agarwal, Sachin Agarwal and
Shivchem Agro IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 11,30,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 3,39,000 crores |
| Retail Individual Investors (RIIs) | 35% | 7,91,000 crores |
Shivchem Agro IPO Strengths & Weaknesses
The Company offers a diversified portfolio of insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers, with approvals for 176 agrochemical products and 82 fertilizers.
The Company has an established distribution network across multiple states, comprising 516 distributors as of March 31, 2025.
The Company conducts on-field product demonstrations to educate farmers on appropriate product dosage, application and usage.
The Company’s 22,680 sq. ft. manufacturing facility in Jhajjar, Haryana, is equipped to manufacture a wide range of agrochemical formulations and includes an ETP and Wet Scrubber Unit.
The Company has deployed automated filling and packaging machinery to enhance operational efficiency, consistency and productivity while reducing manual intervention.
Shivchem Agro IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 01 Oct '26 | 06 Oct '26 | 05 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 22,60,000 shares (aggregating up to ₹2,48,000 crores) |
| Fresh Issue | 4,29,200 shares (aggregating up to ₹21,46,000 crores) |
| Offer for Sale | 0 shares of ₹5 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Shivchem Agro IPO Lot Size and Investment Details
| Minimum Lot Size | 2,000 shares |
| Maximum Lot Size (Retail) | 8,000 shares |
The lot size of Shivchem Agro ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Shivchem Agro IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Shivchem Agro IPO Contact & Registrar Details
Contact Details
Address
Unit No. 703, 704, Amba Tower, Plot No.2, Community Centre, D.C Chowk, Sector-9 Rohini Sec-11 North West Delhi
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Shivchem Agro Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Shannon Advisors Pvt.Ltd. |