Shivchem Agro Limited IPO Allotment Status
Shivchem Agro IPO is a book build issue of ₹14.01 crore.
Shivchem Agro Limited is a book-built BSE SME IPO with a price band of ₹59–₹62 per equity share. The bidding window opened on September 28, 2026, and closes today, September 30, 2026.
The basis of allotment is expected to be finalised on October 1, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 5, 2026, while the shares are scheduled to list on BSE SME on October 6, 2026.
The IPO has a market lot of 2,000 shares. At the upper price band, one lot costs ₹1,24,000. The minimum retail application is two lots, or 4,000 shares, requiring ₹2,48,000.
Shannon Advisors Pvt. Ltd. is the book running lead manager.
Investors can check Shivchem Agro IPO allotment status after the basis of allotment is finalised through Maashitla Securities Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities.
How to Check Shivchem Agro IPO Allotment Status Online on BSE?
- Visit the BSE IPO allotment-status page.
- Select “SME” under Issue Type.
- Choose “Shivchem Agro Limited” from the Issue Name dropdown after the allotment data is published.
- Enter your Application Number or PAN.
- Tick the “I’m not a robot” captcha.
- Click on Search to view your application and allotment status.
How to Check Shivchem Agro IPO Allotment Status on the Registrar’s Website?
- Visit the official Maashitla Securities IPO allotment-status website.
- Select “Shivchem Agro Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
- Choose PAN, Application Number or DP ID/Client ID as the search method.
- Enter the required details.
- Complete the captcha verification.
- Click on Submit or Search to view your allotment result.
Shivchem Agro IPO Details
Shivchem Agro IPO is a book build issue of ₹14.01 crore.
Shivchem Agro’s IPO is priced in the range of ₹59–₹62 per equity share. The face value of each equity share is ₹5. The company’s issue is proposed to list on the BSE SME platform.
The IPO opened on September 28, 2026, and closes on September 30, 2026. The basis of allotment is expected on October 1, 2026, refunds and demat credits are expected on October 5, 2026, and the shares are scheduled to list on BSE SME on October 6, 2026.
The market lot comprises 2,000 shares, requiring ₹1,24,000 at the upper price band. The minimum retail application is two lots, or 4,000 shares, requiring ₹2,48,000. Applications can be made in permitted multiples of 2,000 shares thereafter.
Allocation Quota for Shivchem Agro IPO
| Investor Category | Shares | % of Net Issue | % of Total Issue |
| QIB | 1,08,000 | 5.03% | 4.78% |
| NII (HNI) | 10,14,000 | 47.25% | 44.87% |
| – bNII > ₹10L | 6,76,000 | 29.91% | |
| – sNII < ₹10L | 3,38,000 | 14.96% | |
| Retail | 10,24,000 | 47.72% | 45.31% |
| Firm Reservations | |||
| Market Maker | 1,14,000 | 5.04% | |
| Total | 22,60,000 | 100.00% | 100.00% |
Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Maashitla Securities will be definitive.
Shivchem Agro IPO – Overall Subscription Status
As of the latest available update on September 30, 2026, at 5:54:23 PM (Day 3), the Shivchem Agro IPO was subscribed 2.20 times overall. The non-institutional investor (NII) category was subscribed 1.00 times, the QIB (Ex Anchor) category 1.00 times, and the retail (Individual Investors) category 3.50 times. These figures may change slightly following exchange reconciliation after the issue closes.
Shivchem Agro IPO Subscription Details
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amount (₹ Crore) |
| Market Maker | 1 | 1,14,000 | 1,14,000 | 0.707 |
| QIB (Ex Anchor) | 1.00 | 1,08,000 | 1,08,000 | 0.670 |
| NII | 1.00 | 10,14,000 | 10,18,000 | 6.312 |
| — bNII (> ₹10L) | 0.97 | 6,76,000 | 6,54,000 | 4.055 |
| — sNII (< ₹10L) | 1.08 | 3,38,000 | 3,64,000 | 2.257 |
| Individual Investors | 3.50 | 10,24,000 | 35,88,000 | 22.246 |
| Total | 2.20 | 21,46,000 | 47,14,000 | 29.227 |
Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion.
Shivchem Agro Business Overview
Incorporated in September 2021, Shivchem Agro Limited is an agrochemical company engaged in the manufacturing, stocking, distribution and sale of agricultural formulations.The Company offers a diversified portfolio of insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers. As of the date of the Red Herring Prospectus, the Company is licensed to manufacture 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators and 3 rodenticides. It also has authorization for manufacturing 82 fertilizers, of which it currently manufactures 8.
The Company is licensed to sell, stock, exhibit and distribute its products across eight states in India and, as of March 31, 2026, had 685 distributors supported by five godowns. Its manufacturing facility in Jhajjar is equipped with machinery for agrochemical production and includes an Effluent Treatment Plant and Wet Scrubber Unit for managing wastewater and air emissions.
The Company is ISO 9001:2015, ISO 22000:2018 and ISO 31000:2018 certified and provides crop protection solutions through the manufacturing, supply and distribution of solid and liquid formulations. Its product portfolio is supported by on-field product demonstrations and a distribution network serving multiple agricultural markets.
As of March 31, 2026, the Company had 66 permanent employees, with the largest workforce deployed across sales and marketing, manufacturing and operations, accounts and finance, and field functions.
Shivchem Agro IPO allotment status is expected to be available on October 1, 2026, after approval of the basis of allotment. Investors should check Maashitla Securities or BSE using their PAN, application number or DP ID/Client ID.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 30, 2026, 8:22 PM IST
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