Shivchem Agro IPO Day 2: Subscription Status on 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
Shivchem Agro IPO Day 2, 29 Sep 2026. Subscribed 0.11x at Day 1 close. Price band Rs 59-62. Lot size 2,000 shares. Closes 30 Sep. Lists on BSE SME.
Quick Answer
The Shivchem Agro IPO is on Day 2 of bidding on 29 September 2026, after a quiet opening day. The Shivchem Agro IPO closed Day 1 subscribed 0.11 times overall, well below full subscription. Bidding remains open until 30 September 2026, and investors should track the live category wise numbers on BSE through the day.
The Shivchem Agro IPO has entered Day 2 of its bidding window, which opened on 28 September 2026 and closes on 30 September 2026. Shivchem Agro Limited, an agrochemical formulations manufacturer, is raising about Rs 14.01 crore entirely through a fresh issue, and the shares are proposed to list on the BSE SME platform. The latest full session data available is the Day 1 close of 28 September 2026.
Day 1 bidding for the issue closed with the issue subscribed 0.11 times overall, a quiet start. With two sessions left before the 30 September close, and larger investor bids in SME issues often arriving late, the closing session will be the one to watch.
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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 2
Bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Session | Overall Subscription |
|---|---|
| Day 1 close (28 Sep) | 0.11 times |
| Day 2, so far (29 Sep) | Updating through the session |
The issue remains well below full subscription heading into Day 2. Investors should check the live BSE numbers for the latest position ahead of the 30 September close.
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, keeping in mind the issue closes on 30 September.
Download the Univest iOS App or Univest Android App to apply for the issue before the 30 September close.
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 stayed well below full subscription at 0.11 times after Day 1, with two sessions left before the 30 September close. 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.
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 2?
Ans. The issue closed Day 1 subscribed 0.11 times overall, well below full subscription, and figures for Day 2, 29 September 2026, are updating through today’s session on BSE.
When does the Shivchem Agro IPO close?
Ans. The issue closes for subscription on 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.
Is the Shivchem Agro IPO fully subscribed?
Ans. The issue was running at 0.11 times after Day 1, well below full subscription, with two sessions remaining before the 30 September deadline.
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.
