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IPO Status: Listed [23rd Jun 2021 to 25th Jun 2021]
| IPO Issue Opening Date: | 23rd Jun 2021 |
| IPO Issue Closing Date: | 25th Jun 2021 |
| IPO Issue Price: | ₹290-296 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹800 Cr. |
| Offer for Sale: | ₹700 Cr. |
| Fresh Issue: | ₹100 Cr. |
| Face Value: | ₹1 Per Equity Share |
| IPO Discount: | NA |
| Promoter Holding Pre IPO: | 82.68% |
| Promoter Holding Post IPO: | 72% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543311 |
| NSE Code: | IPL |
Get important updates regarding India Pesticides IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 30th Jun 2021 |
| Refunds Initiation* | 1st Jul 2021 |
| Credit of Shares to Demat* | 2nd Jul 2021 |
| IPO Listing Date* | 5th Jul 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹290-296 |
| Market Lot: | 50 Shares |
| 1 Lot Amount: | ₹14800 |
| Min Small HNI Lots(2-10 Lakh): | 700 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 04-07-2021 | 296 | 35 | -- | ₹331 (11.82%) | 4-Jul-2021 13:00 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Indian Pesticides IPO, India's leading agrochemical company IPO worth Rs. 800 Cr comprising fresh issue of Rs.100 Cr and offer for sale of Rs. 700 Cr to be open for subscription on 23 June and closes on 25 June 2021. The price band is fixed at Rs. 290-Rs.296. The minimum price is 290 times and maximum/floor price is 296 times of Rs. 1 face value. IPO lot size is 50 shares and its multiples. Stay tuned with us to get the complete information about Indian Pesticides IPO including issue details, tentative timeline, financials, pros, cons, grey market premium (GMP), allotment, and subscription.
Indian Pesticides Limited is India's one of the established agrochemical manufacturers. It is the only Indian manufacturer and among the top 5 global market players of several technicals Folpet and Thiocarbamate Herbicide. The company mainly exports its Herbicides and fungicides technicals in European countries, Africa, USA, and Africa. Thus, majority of technicals revenue comes in the form of export, as accounted for 62% in fiscal 2020.
However, it sells formulations for insecticides, fungicides, and herbicides in the domestic market. UPL Ltd, Ascenza Agro, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd are a few of the clients of the firm.
Currently, it owns 2 manufacturing plants in Lucknow and Uttar Pradesh. As on Sep 2020, it has an aggregated installed agrochemical manufacturing capacity of 19,500 MT and formulations manufacturing capacity of 6500 MT.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹800 Cr. | https://www.indiapesticideslimited.com/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 5,517,241 (28.57%) | 4,137,931 (21.43%) | 9,655,173 (50%) | 19,310,345 | |
| 1 | 23rd Jun 2021 17:02 | 0.00x | 0.19x | 2.51x | 1.29x |
| 2 | 24th Jun 2021 17:02 | 2.31x | 0.91x | 5.88x | 3.79x |
| 3 | 25th Jun 2021 17:02 | 42.95x | 51.88x | 11.30x | 29.04x |
| India Pesticides Limited Financials | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|---|
| Total Assets | ₹517.08 Cr | ₹365.70 Cr | ₹317.24 Cr | ₹240.36 Cr |
| Total Income | ₹655.38 Cr | ₹489.73 Cr | ₹346.04 Cr | ₹255.86 Cr |
| Net Profit/Loss | ₹134.53 Cr | ₹70.80 Cr | ₹43.92 Cr | ₹32.81 Cr |
Last Updated on 27-Sep-2021 10:42:31
