Shivchem Agro Shares Flatline On Debut

Mumbai, October 6, 2026: Shivchem Agro shares made a flat debut at ₹62 on the BSE SME on October 6, 2026, matching the IPO issue price of ₹62 per share. The company had fixed its IPO price at the upper end of the ₹59–₹62 price band.

At 9:38 AM IST on October 6, 2026, Shivchem Agro shares were trading at ₹62, unchanged from the listing price and the IPO issue price. The displayed market snapshot showed a volume of 2,72,000 shares at that time.

ShivchemAgro Shares List At ₹62 Against ₹62 Issue Price

Shivchem Agro shares debuted at ₹62 on the BSE SME, in line with the final IPO issue price of ₹62 per share. The shares therefore opened without a premium or discount to the price at which IPO investors were allotted shares.

The IPO had a price band of ₹59–₹62 per share, with the final issue price fixed at the upper end of the range. The company completed allotment on October 1, 2026, ahead of the listing on October 6.

At 9:38 AM IST, the shares continued to trade at ₹62. The chart snapshot showed the stock holding around the issue and listing price during the initial period of trading.

IPO Structure And Issue Details

The Shivchem Agro IPO was entirely a fresh issue of 22.60 lakh shares, aggregating to ₹14.01 crore. There was no offer-for-sale component in the public issue.

The IPO opened on September 28, 2026, and closed on September 30, 2026. The company fixed the issue price at ₹62 per share against the ₹59–₹62 price band.

The lot size was 2,000 shares, requiring a minimum retail application of ₹1,24,000 at the upper end of the price band. The issue also included a market-maker reservation of 1.14 lakh shares.

IPO Subscription Data

The Shivchem Agro IPO was subscribed 1.95 times overall. The QIB category was subscribed 1.00 time, while the NII portion was subscribed 0.52 times.

The retail category received subscription of 3.46 times. The final allotment data showed 950 applications for the public issue, with 21.46 lakh shares allocated to public investors.

The issue received applications for 41.78 lakh shares, against 21.46 lakh shares offered to the public, according to the final basis of allotment.

Conclusion

Shivchem Agro completed its BSE SME listing on October 6, 2026, with the shares debuting at the IPO issue price of ₹62. The ₹14.01 crore public issue was entirely fresh capital and received 1.95 times overall subscription.

Source:

• https://www.bseindia.com/stock-share-price/shivchem-agro-ltd/shivchem/544967