ListedSMEPesticides & AgrochemicalsSHIVCHEM

Shivchem Agro IPO

Shivchem Agro IPO is an SME IPO raising ₹14 Cr at ₹59 – ₹62 a share. It listed on 6 Oct 2026 at ₹62, 0.0% against its issue price of ₹62, and trades at ₹32 today (−48.8% since issue). It was subscribed 2.14× in total.

₹62
Issue price
₹32
Price now
−48.8%
Since issue price
6 Oct 2026
Listed on
2.14×Subscribed (final) · all exchanges

2.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
1,08,0001,08,0001.00×
Othersno separate quota1,08,000n/a
Foreign Institutional Investorsno separate quota—n/a
Domestic Financial Institutionsno separate quota—n/a
Mutual Fundsno separate quota—n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
11,28,00011,32,0001.00×
Corporatesno separate quota6,000n/a
Individualsno separate quota10,06,000n/a
Othersno separate quota1,20,000n/a
Retail
Ordinary investors bidding up to ₹2 lakh
10,24,00035,88,0003.50×
Cut Offno separate quota—n/a
Price Bidsno separate quota35,88,000n/a
Employee Reservedno separate quota0n/a
Employeeno separate quota—n/a
Employeeno separate quota—n/a
Reservation PortionShareholderno separate quota0n/a
RPSno separate quota—n/a
RPSno separate quota—n/a
Total22,60,00048,28,0002.14×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 30 Sept, 08:48 pm IST.

How demand built

Our own series — the exchanges publish a running total and never a history.20 readings held.

28 Sept, 11:15 am0.00×
28 Sept, 12:15 pm0.04×
28 Sept, 01:15 pm0.13×
28 Sept, 03:15 pm0.14×
28 Sept, 04:15 pm0.15×
28 Sept, 05:15 pm0.16×
29 Sept, 11:15 am0.22×
29 Sept, 12:15 pm0.62×
29 Sept, 01:15 pm0.70×
29 Sept, 02:43 pm0.77×
29 Sept, 03:06 pm0.79×
29 Sept, 04:06 pm0.89×
29 Sept, 05:06 pm0.97×
30 Sept, 11:15 am1.66×
30 Sept, 12:26 pm1.95×
30 Sept, 01:26 pm2.29×
30 Sept, 02:26 pm2.57×
30 Sept, 03:26 pm2.80×
30 Sept, 04:26 pm3.23×
30 Sept, 05:26 pm3.25×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.