Indogulf Cropsciences IPO Subscribed 0.42x on Day 1

Indogulf Cropsciences IPO subscribed over 0.42x on its First day of subscription, wherein QIB subscribed 0.05x, NII subscribed 0.27x, and RII subscribed 0.71x.

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Indogulf Cropsciences IPO subscription started on Thursday, June 26, 2025, and will close on June 30, 2025, as per the schedule. The price band is ₹105 to ₹111 per share with a face value of ₹10 each.  

Indogulf Cropsciences IPO Subscription Status 

Indogulf Cropsciences IPO subscribed over 0.42x on its First day till 05.00 PM on 26th June 2025. 

  • Indogulf Cropsciences IPO subscription QIB investors portion is 0.05x times, while NII subscribed 0.27x times and RII investors subscribed 0.71x times.
  • The company has received bids for 52,63,785 shares against 1,27,74,776 shares on offer on the First day. 
  • Indogulf Cropsciences IPO subscribed over 0.42x on day 1.

About Indogulf Cropsciences IPO 

Indogulf Cropscience Limited is one of the leading companies in terms of manufacturing protection, production plant nutrients, and biologicals in India. Crop protection, plant nutrients, and biologicals are the three main categories by which they operate. 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.

Moreover, they also provide contract manufacturing services that fulfill specific requirements and offer top solutions. Notably, they have skilled and experienced promoters, are Om Prakash Aggarwal and Sanjay Aggarwal, who have significant experience in the agrochemical industry, including manufacturing, finance, and marketing sectors.

Indogulf Cropsciences IPO Company Financial Report

The company reported revenue of ₹555.79 crores in 2024 against ₹552.19 crores in 2023. The company reported a profit of ₹28.23 crores in 2024 against a profit of ₹22.42 crores in 2023.

Indogulf Cropsciences IPO GMP:

Indogulf Cropsciences IPO GMP was ₹12 as of Thursday, 26th June. That indicates the IPO is trading at ₹123 with a ₹12 premium in the grey market against the issue price of ₹111.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.