Shivchem Agro IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹62
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,24,000
- Total Issue Size
- ₹14.01 Cr
- 22,59,677 shares
- Fresh Issue
- ₹14.01 Cr
- 22,60,000 shares
- Face Value
- ₹5 per share
- Issue Type
- Book-built IPO
- Shares Pre-Issue
- 52,72,873
- Shares Post-Issue
- 75,32,873
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
1 lot · 2,000 shares
Retail (max)
1 lot · 2,000 shares
S-HNI (min)
2 lots · 4,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 4,000 | ₹2,48,000 |
| Small HNI (S-HNI) | 3 | 6,000 | ₹3,72,000 |
| Big HNI (B-HNI) | 9 | 18,000 | ₹11,16,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 45.04 | 36.29 | 16.41 |
| Total Income | 33.84 | 27.5 | 10.95 |
| Profit After Tax | 3.25 | 2.6 | 1.29 |
| EBITDA | 5.98 | 4.32 | 1.93 |
| Net Worth | 12.92 | 9.67 | 1.5 |
| Reserves & Surplus | 10.28 | 7.04 | 1.45 |
| Total Borrowing | 7.28 | 8.26 | 7.1 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE (%) | 28.76 | 45.57 | 151.37 |
| ROCE (%) | 30.04 | 31.99 | 37.55 |
| EPS (₹) | 6.16 | 11.96 | 8.62 |
| P/E (pre-issue) | 10.06 | — | — |
| P/E (post-issue) | 14.39 | — | — |
About Shivchem Agro
Shivchem Agro was incorporated in September 2021 and converted to a public limited company in November 2024. It supplies crop protection products and works on educating farmers in the appropriate use of crop-specific and pest-specific formulations. Its sales and marketing staff advise farmers on sowing, harvesting and crop selection in light of changing weather, and the company continues to add new chemistries to its portfolio. Operations started in north India and are being extended gradually into other regions through a distributor and retailer network.
Company Information
Strengths (from RHP)
- The portfolio covers several crop protection categories rather than a single formulation.
- A distribution network of distributors and retailers reaches farmers across its operating states.
- Field demonstrations put products in front of farmers directly rather than relying on trade promotion.
Key risks (from RHP)
- Crop protection products require regulatory registration, and approvals govern what can be sold.
- Product quality and compliance failures in agrochemicals carry regulatory and liability consequences.
- Distributors and retailers can switch to competing suppliers.
- Book running lead managers
- Shannon Advisors Private Limited
- Registered office
- Unit No. 703, 704, Amba Tower, Plot No.2, Community Centre, D.C Chowk, Sector-9, Rohini Sec-11, North West Delhi, New Delhi, 110085