Shivchem Agro IPO Day 3: Subscription Closes Today, 30 September 2026
- September 30, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shivchem Agro IPO closes today, 30 Sep 2026. Subscribed 0.61x through Day 2: Retail 0.68x, NII 0.60x, QIB 0.00x. Price band Rs 59-62.
Quick Answer
The Shivchem Agro IPO is on its final day of bidding on 30 September 2026, with the subscription window closing today. The issue has moved from 0.11 times at the Day 1 close to 0.61 times by the close of Day 2, with retail at 0.68 times and NII at 0.60 times, while QIB had still not placed bids. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Shivchem Agro Limited, an agrochemical formulations manufacturer, has reached the final day of its IPO subscription window today, 30 September 2026. The Shivchem Agro IPO opened on 28 September 2026 and is a book built SME issue worth about Rs 14.01 crore, entirely a fresh issue. The shares are proposed to list on the BSE SME platform.
Demand for the Shivchem Agro IPO has picked up through retail and NII, though the overall book remains below full subscription and QIB has yet to open up. Today is the last opportunity for the book to build further.
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Shivchem Agro IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 28 September 2026 |
| Close Date | 30 September 2026 |
| Face Value | Rs 5 per share |
| Price Band | Rs 59 to Rs 62 per share |
| Lot Size | 2,000 shares (minimum bid 4,000 shares) |
| Issue Size | Rs 14.01 crore (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 1 October 2026 |
| Listing Date | 6 October 2026 |
Shivchem Agro IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Tuesday.
| Session | Overall | NII | Retail | QIB |
|---|---|---|---|---|
| Day 1 close (28 Sep) | 0.11x | 0.14x | 0.10x | 0.00x |
| Day 2 close (29 Sep, closing update) | 0.61x | 0.60x | 0.68x | 0.00x |
| Day 3, closing day so far (29 Sep) | Updating through the session | |||
Retail and NII have driven the demand for the issue, while QIB remains absent. Final figures should be confirmed on BSE once bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Shivchem Agro IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 59 to Rs 62 band, with a minimum bid of 4,000 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with the overall book at around 0.61 times through Day 2, led by retail and NII. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Shivchem Agro IPO subscription status on Day 3?
Ans. On the closing day, 30 September 2026, the issue carries forward a Day 2 reading of around 0.61 times overall, with retail at 0.68 times, NII at 0.60 times and QIB at 0.00 times, and figures are updating through today’s final session.
When does the Shivchem Agro IPO close?
Ans. The issue closes for subscription today, 30 September 2026, having opened on 28 September 2026.
What is the Shivchem Agro IPO price band and lot size?
Ans. The issue price band is Rs 59 to Rs 62 per share, with a lot size of 2,000 shares. Retail investors must apply for a minimum of 2 lots, or 4,000 shares, taking the minimum investment to about Rs 2,48,000 at the upper price band.
Which category led the Shivchem Agro IPO subscription?
Ans. Retail investors led the issue through Day 2 at 0.68 times, closely followed by NII at 0.60 times, while QIB had not placed any bids.
What is the Shivchem Agro IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Shivchem Agro IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 59 to Rs 62 band, with a minimum bid of 4,000 shares, then approving the UPI mandate before the daily cut off.
When will the Shivchem Agro IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 1 October 2026, with listing on the BSE SME platform tentatively scheduled for 6 October 2026.
What does Shivchem Agro Limited do?
Ans. Shivchem Agro Limited manufactures and distributes agrochemical formulations, including insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers, from a manufacturing facility in Jhajjar, Haryana.
