Indogulf Cropsciences IPO subscribed overall 27.17 times on the last day, while the retail quota was subscribed 14.97 times, QIB subscribed 31.73 times, and NII quota subscribed 49.06 times respectively.
Details About Indogulf Cropsciences IPO
Indogulf Cropsciences got approval from SEBI for an IPO of ₹200 crores, the IPO consists fresh issue ₹160 crores, and an offer for sale up to 36,03,603 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹105 to ₹111 per share. In this IPO total of 135 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 1755 shares in 13 lot sizes. S-HNI (Min) has a total of 1,890 shares in 14 lot sizes, while B-HNI Minimum has a total of 9,045 shares available in 67 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,985 and maximum investment of ₹1,94,805.
- Small HNI (S-HNI): Minimum investment of ₹2,09,790.
- Big HNI (S-HNI): Minimum investment of ₹10,03,995.
Subscription Duration of the Indogulf Cropsciences IPO
The opening date of the Indogulf Cropsciences IPO subscription was June 26, 2025, and the close date was June 30, 2025. The Indogulf Cropsciences IPO allotment was finalized on July 1, 2025, and the IPO listing is on July 3, 2025.
Funds Deployment of This Company
- Funding working capital requirements of our Company
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana
- General corporate purposes.
About Indogulf Cropsciences IPO
Indogulf Cropscience Limited is a top company in India known for producing crop protection products, plant nutrients, and biologicals. These three categories form the core areas of their operations. They serve both retail and institutional customers, with a focus on enhancing crop yield. They provide a wide range of products, including specialized items, that are offered across all three areas of business.
The company is led by experienced promoters, Om Prakash Aggarwal and Sanjay Aggarwal, who have strong backgrounds in the agrochemical industry, especially in manufacturing, finance, and marketing.
Indogulf Cropsciences IPO Financial Background
The company reported revenue of ₹555.79 crores in 2024 against ₹552.19 crore in 2023. The company reported a profit of ₹28.23 crores in 2024 against a profit of ₹22.42 crores in 2023.
