Shivchem Agro SME IPO GMP History
Shivchem Agro SME IPO has been listed on October 6, 2026 at a listing price of ₹62, against the issue price of ₹62 — a gain of ₹0 (+0%). The GMP peaked at ₹10 on 29 September 2026 and reached a low of ₹0 on 26 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shivchem Agro SME IPO raised ₹14.01 Cr. through its IPO at a price band of ₹59 to ₹62 per share, with a lot size of 2000 shares. The IPO was open for subscription from 28 Sep 2026 to 30 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Oct, 6:01 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Oct 2026 | ₹ 1.5 | — | 2.42% | — | ₹ 1500 |
| 05 Oct 2026 | ₹ 1.5 | — | 2.42% | — | ₹ 1500 |
| 04 Oct 2026 | ₹ 1.5 | — | 2.42% | — | ₹ 1500 |
| 03 Oct 2026 | ₹ 1.5 | ▲ | 2.42% | — | ₹ 1500 |
| 02 Oct 2026 | ₹ 1 | — | 1.61% | — | ₹ 1500 |
| 01 Oct 2026 | ₹ 1 | — | 1.61% | — | ₹ 1500 |
| 30 Sep 2026 | ₹ 1 | ▼ | 1.61% | — | ₹ 1500 |
| 29 Sep 2026 | ₹ 10 | ▲ | 16.13% | — | ₹ 19800 |
| 28 Sep 2026 | ₹ 6 | — | 9.68% | — | ₹ 9100 |
| 27 Sep 2026 | ₹ 6 | ▲ | 9.68% | — | — |
| 26 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 25 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 24 Sep 2026 | ₹ 0 | — | 0% | — | — |
| 23 Sep 2026 | ₹ 0 | — | 0% | — | — |
Shivchem Agro SME IPO dates
Key dates from opening to listing. Today is 9 November.
- Open 28 Sep 2026
- Close 30 Sep 2026
- Allotment 01 Oct 2026
- Refund/credit 05 Oct 2026
- Listing 06 Oct 2026
Shivchem Agro SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹62 |
|---|---|
| GMP-based estimate (pre-listing) | ₹63 (+1.6%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 06 Oct, 2026 |
| Actual listing price | ₹62 (+0%) |
Is Shivchem Agro SME IPO GMP reliable?
Grey market premium for Shivchem Agro SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Shivchem Agro SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Shivchem Agro SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shivchem Agro SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹1500. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Shivchem Agro SME IPO
Shivchem Agro Limited was started in September 2021. It is an agrochemical company that makes, stocks, distributes and sells crop protection products for farmers.
Its range covers insecticides, fungicides, herbicides, plant growth regulators, rodenticides and fertilizers. As on the date of its Red Herring Prospectus it was licensed to make 176 agrochemical products, including 88 insecticides, 40 fungicides, 37 herbicides, 8 plant growth regulators and 3 rodenticides. It also holds authorisation to make 82 fertilizers, of which it currently makes 8.
It is licensed to sell across eight states, and as on 31 March 2026 it had 685 distributors supported by five godowns. Its manufacturing facility at Jhajjar in Haryana has an effluent treatment plant and a wet scrubber unit to handle wastewater and air emissions, and the company holds ISO 9001:2015 and ISO 22000:2018 certification.
Frequently asked
What is the GMP of Shivchem Agro SME IPO?
The current Grey Market Premium (GMP) of Shivchem Agro SME IPO is ₹ 1.5.
What is the Kostak Price of Shivchem Agro SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shivchem Agro SME IPO is not available.
What is the Subject to Sauda Price of Shivchem Agro SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹1500.
What was the actual listing price of Shivchem Agro SME IPO?
Shivchem Agro SME IPO listed on October 6, 2026 at ₹62, against the issue price of ₹62 — a gain of +0%.
How did the GMP of Shivchem Agro SME IPO trend before listing?
The GMP of Shivchem Agro SME IPO was stable in its final days before listing. The GMP peaked at ₹10 on 29 September 2026. View the day-wise table above for the complete GMP history.
Explore Shivchem Agro SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
