Shivchem Agro IPO Subscription Status Day 2: Issue Subscribed 0.61 Times

Authored By HDFC SKY | Last Modified: Sep 29, 2026 06:13 PM IST

Shivchem Agro IPO Day 2 subscription status stood at 0.61x, with NII at 0.60x, retail at 0.68x and QIB at 0.00x as of September 29, 2026.

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Mumbai, September 29: Shivchem Agro IPO remained open for subscription on its second day on September 29, 2026. The bookbuilding issue opened on September 28 and will close on September 30. The IPO comprises an entirely fresh issue of 22.60 lakh shares aggregating up to ₹14.01 crore. The price band is fixed at ₹59 to ₹62 per share. The lot size is 2,000 shares, with individual investors required to apply for a minimum of two lots, or 4,000 shares. At the upper price band, the minimum investment is ₹2,48,000.

Shivchem Agro IPO Day 2 Subscription Status

As of 5:06:58 PM on September 29, 2026, the cumulative subscription stood at 0.61 times. The NII category was subscribed 0.60 times, while individual investors subscribed 0.68 times. The QIB portion excluding anchor allocation stood at 0.00 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	1,08,000	0	0.00x
NII	10,14,000	6,08,000	0.60x
bNII (>₹10L)	6,76,000	5,40,000	0.80x
sNII (<₹10L)	3,38,000	68,000	0.20x
Individual Investors	10,24,000	7,00,000	0.68x
Total	21,46,000	13,08,000	0.61x

The cumulative subscription data was updated at 5:06:58 PM on September 29, 2026, marking Day 2 of the issue.

Shivchem Agro Day-wise Subscription Summary

The cumulative subscription increased from 0.11 times on Day 1 to 0.61 times on Day 2.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Individual Investors	Total
September 28, 2026 (Day 1)	0.00x	0.14x	0.17x	0.07x	0.10x	0.11x
September 29, 2026 (Day 2)	0.00x	0.60x	0.80x	0.20x	0.68x	0.61x

Shivchem Agro IPO Timeline

IPO Milestone	Date
Issue Open Date	September 28, 2026
Issue Close Date	September 30, 2026
Basis of Allotment Date	October 1, 2026
Initiation of Refunds	October 5, 2026
Credit of Shares	October 5, 2026
Listing Date	October 6, 2026

Brief Overview Of The Shivchem Agro IPO

Shivchem Agro IPO is a ₹14.01 crore bookbuilding issue comprising an entirely fresh issue of 22.60 lakh shares. The IPO opened for subscription on September 28, 2026, and will close on September 30, 2026. The price band has been fixed at ₹59 to ₹62 per share, with a lot size of 2,000 shares. Individual investors need to apply for a minimum of two lots, or 4,000 shares, amounting to ₹2,48,000 at the upper price band. The minimum HNI application is three lots, or 6,000 shares, requiring ₹3,72,000 at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 6, 2026. Shannon Advisors Pvt. Ltd. is the book running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4858&type=IPO&idtype=1&status=L&IPONo=8008&startdt=28%2F09%2F2026

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