| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹26.73 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹26.73 Cr |
| Fresh Issue | ₹25.38 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน52.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | CLSL |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers | Interactive Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2006, Crop Life Science Limited is engaged in the business of manufacturing, distributing, and marketing agrochemical formulations.
The company manufactures Agriculture chemicals such as Micro fertilizers and pesticides which includes Insecticides, Fungicides, Herbicides, and Weedicides. Its manufacturing unit is located at GIDC Ankleshwar, Gujarat, spanning 5831.10 Square Meters. The company exports its products to Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, Sudan and other countries.
Crop Life Science's products are registered with the Central Insecticides Board ("CIB"), and approved by the Directorate of Agriculture, Government of Gujarat, and the Gujarat Pollution Control Board ("GPCB").
The company's product portfolio includes more than 85 agro-chemical products.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of unsecured Loan | 0.70 |
| 2 | Long-Term Working Capital Requirement | 19.00 |
| 3 | General Corporate Purposes | 6.50 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 104.72 | 94.58 | 86.30 | 76.45 |
| Total Income | 123.23 | 102.39 | 119.50 | 135.31 |
| Profit After Tax | 4.37 | 2.81 | 3.70 | 3.23 |
| NET Worth | 40.39 | 35.26 | 32.87 | 29.26 |
| Reserves and Surplus | 28.39 | 24.02 | 21.15 | 17.70 |
| Total Borrowing | 26.82 | 20.93 | 17.47 | 15.94 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 11.54% |
| ROCE | 18.63% |
| Debt / Equity | 0.68% |
| RoNW | 10.81% |
| PAT Margin | 2.76% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.64 | |
| P/E (x) | 14.29 | |
| Promoter Holding | 100.00% | 70.01% |
| Market Cap | โน89.13 Cr. | |