Indogulf Cropsciences Limited IPO
Indogulf Cropsciences IPO is a book-built issue worth ₹200.00 crore. The IPO comprises a fresh issue of 1.44 crore shares aggregating to ₹160.00 crore and an offer for sale of 0.36 crore shares ...
The IPO opens for subscription on June 26, 2025, and will close on June 30, 2025. The allotment is expected to be finalised on July 1, 2025, with a tentative listing date on BSE and NSE set for July 3, 2025.
The price band for the IPO is fixed between ₹105 to ₹111 per share. Retail investors are required to apply for a minimum lot size of 135 shares, amounting to ₹14,175. To avoid missing out due to oversubscription, bidding at the cutoff price requires ₹14,985.
For sNII investors, the minimum investment is 14 lots (1,890 shares), totalling ₹2,09,790, and for bNII, it is 67 lots (9,045 shares), totalling ₹10,03,995. Systematix Corporate Services Limited is acting as the book-running lead manager, and Bigshare Services Private Limited has been appointed as the registrar for the issue.
Read moreIPO Timeline
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26 Jun 2025Bidding Starts
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30 Jun 2025Bidding Ends
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01 Jul 2025Allotment Finalization
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02 Jul 2025Refund Date
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02 Jul 2025Demat Date
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03 Jul 2025Listing Date
Indogulf Cropsciences Limited IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2022 | 413.59 Cr | 490.23 Cr | 26.36 Cr |
| 31 Mar 2023 | 517.51 Cr | 552.19 Cr | 22.42 Cr |
| 31 Mar 2024 | 542.25 Cr | 555.79 Cr | 28.23 Cr |
| 31 Dec 2024 | 597.81 Cr | 466.31 Cr | 21.68 Cr |
About Indogulf Cropsciences Limited IPO
Indogulf Cropsciences Limited is engaged in the manufacturing of crop protection products, plant nutrients, and biologicals. Established in 1993, the company operates under three key business verti ...
The company offers a wide product range in various formulations such as water dispersible granules, suspension concentrates, capsule suspensions, and ultra-low volume liquids. Its portfolio supports the cultivation of cereals, pulses, oilseeds, fibre crops, plantations, fruits, and vegetables.
Indogulf Cropsciences is among the early indigenous producers of Pyrazosulfuron Ethyl technical and manufactures Spiromesifen technical with over 96.5% purity. Recognised as a ‘Two Star Export House’, the company exports to over 34 countries and has built strong customer relationships globally.
The company operates four ISO-certified manufacturing units in Jammu & Kashmir and Haryana, with a network of over 6,900 domestic distributors and 143 overseas partners. It also has two subsidiaries—one in Australia and one in India—to support global expansion and product registrations.
Backed by NABL-accredited R&D facilities, the company focuses on innovation, having secured six patents since FY2019. Led by experienced promoters and senior management, Indogulf Cropsciences continues to advance sustainable agricultural solutions across global markets.
Know before investing
Strengths
- Product portfolio expanded from 198 in FY22 to 288 in FY25.
- Sales and dealer presence across 22 states and 34+ countries.
- The network includes 6,916 domestic distributors and 143 global partners.
- Four ISO-certified manufacturing units spread over 20 acres in India.
- R&D certified by NABL with 39 products in the development pipeline.
Risks
- Quality lapses may lead to order cancellations and financial losses.
- Brand dilution or negative publicity may affect customer trust.
- Revenue CAGR of 6.46% may not reflect future performance.
- Capacity utilisation remained low at 49.58% in Dec 2024 period.
- Credit-based sales may impact profits due to delayed payments.
Indogulf Cropsciences IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be used to repay or prepay certain outstanding borrowings and reduce the debt burden.
- To invest in setting up an in-house dry flowable (DF) plant at Barwasni, Sonipat, Haryana, to enhance production capacity.
- A portion of the proceeds will be utilised to support the company’s working capital needs, ensuring smooth day-to-day operations.
- A portion of the funds will be used for general corporate purposes to support overall business needs.
Indogulf Cropsciences IPO Promoter Holding
Om Prakash Aggarwal, Sanjay Aggarwal, Anshu Aggarwal and Arnav Aggarwal are the promoters of the company.
| Share Holding Pre Issue 96.86% Share Holding Post Issue |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When Indogulf Cropsciences IPO will open?
The Indogulf Cropsciences IPO opens on June 26, 2025 and closes on June 30, 2025.
What is the lot size of Indogulf Cropsciences IPO?
Indogulf Cropsciences IPO lot size is 135, and the minimum amount required is ₹14,985.
When is Indogulf Cropsciences IPO allotment?
The finalization of Basis of Allotment for Indogulf Cropsciences IPO will be done on Tuesday, July 1, 2025, and the allotted shares will be credited to your demat account by Wednesday, July 2, 2025.
When is Indogulf Cropsciences IPO listing date?
The Indogulf Cropsciences IPO listing date is not yet announced. The tentative date of Indogulf Cropsciences IPO listing is Thursday, July 3, 2025.
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