Crop Life Science is an agrochemical company engaged in the business of manufacturing, distributing, and marketing of a wide range of agrochemical formulations. Agriculture chemicals consist of Pesticides and Micro Fertilizer, moreover, the pesticides including Insecticides, Fungicides, Herbicides, and Weedicides. In the year 2006, they have taken the land admeasuring area of approximately 5831.10 Square Meters on lease basis for a period of 99 years from Gujarat Industrial Development Corporation (GIDC) for our manufacturing unit at GIDC Ankleshwar (Gujarat). Crop Life had commenced the manufacturing activities of Pesticides and Micro fertilizer in the year 2006-07. In the year 2012, the Company started exporting pesticides to Indonesia. Over a period of time, they have started exporting to Bangladesh, Egypt, Myanmar, Vietnam, Sudan, and other countries.
Crop Life Science is required to obtain various licenses and permission from the government and semi-government authorities before the commencement of manufacturing of pesticides and fertilizer. The licenses and permission such as registration of our products with the Central Insecticides Board (CIB), approval from the Directorate of Agriculture, Government of Gujarat, and approval from the Gujarat Pollution Control Board (GPCB).
With an aim to offer a wide product portfolio across the agri-value chain, they continue to expand our product portfolio by introducing new products. In the year 2007, the Company started production of more than 25 different ranges of agro-chemical products. Subsequently, we keep on adding agro-chemical products year to year in our product portfolio. At present, they manufacture and sell various formulations of insecticides, fungicides and herbicides, plant growth regulators, micro fertilizers, and they dedicides. Currently, the Company has a wide range of more than 85 agro chemical products.
Objects of the Issue:
- Working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
Crop Life Science IPO Review
- May Apply
Crop Life Science IPO Date & Price Band Details
| IPO Open: | August 18, 2023 |
| IPO Close: | August 22, 2023 |
| IPO Size: | Approx ₹26.73 Crores, 5,140,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹52 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50 of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Crop Life Science IPO Market Lot
The Crop Life Science IPO minimum market lot is 2000 shares with a ₹104,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹104,000 |
| Retail Maximum | 1 | 2000 | ₹104,000 |
| S-HNI Minimum | 2 | 4000 | ₹208,000 |
Crop Life Science IPO Dates
The Crop Life Science IPO date is August 18 and the IPO close date is August 22. The IPO allotment date is August 25 and the IPO might list on August 30.
| IPO Open Date: | August 18, 2023 |
| IPO Close Date: | August 22, 2023 |
| Basis of Allotment: | August 25, 2023 |
| Refunds: | August 28, 2023 |
| Credit to Demat Account: | August 29, 2023 |
| IPO Listing Date: | August 30, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Crop Life Science IPO Form
How to apply Crop Life Science IPO? You can apply Crop Life Science IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Crop Life Science IPO in the Invest section. The other option you can apply Crop Life Science IPO via IPO forms download via the NSE website. Check out the Crop Life Science forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Crop Life Science Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹135.31 | ₹130.72 | ₹3.23 |
| 2021 | ₹119.50 | ₹114.58 | ₹3.70 |
| 2022 | ₹102.39 | ₹98.62 | ₹2.81 |
| 2023 11M | ₹123.23 | ₹117.15 | ₹4.37 |
Crop Life Science IPO Valuation – FY2022
Check Crop Life Science IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.64 per Equity Share |
| Price/Earning P/E Ratio: | 14.29 |
| Return on Net Worth (RoNW): | 10.81% |
| Net Asset Value (NAV): | ₹33.65 per Equity Share |
Peer Group
- Aristo Bio-Tech and Lifescience Limited
- Dharmaj Crop Guard Limited
- Heranba Industries Limited
Company Promoters
- Mr. Rajesh Lunagariya
- Mr. Ashvinkumar Lunagaria
Crop Life Science IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/queries/
Crop Life Science IPO Allotment Status
Check Crop Life Science IPO allotment status on Purva Sharegistry website URL. Click Here
Crop Life Science IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Company Address
Crop Life Science Limited
209, Near Judges Bunglow Cross Road,
Bodakdev, Ahmedabad – 380015
Phone: 079-40373967
Email: [email protected]
Website: https://croplifescience.com/cropelife/
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