Indogulf Cropsciences IPO - Details
Indogulf Cropsciences Limited is launching its Initial Public Offering (IPO) on June 26, 2025, which will remain open for subscription until June 30, 2025. This IPO is a Book Built Issue, aiming to raise approximately ₹160 crores through a fresh issue, along with an offer for sale of up to 36,03,603 equity shares, each having a face value of ₹10. The price band for the issue is yet to be announced. Allocation is structured with 50% reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).
The basis of allotment is expected to be finalized on July 1, 2025, and the company’s shares are scheduled to be listed on the BSE and NSE on July 3, 2025.
Financially, the company posted a revenue of ₹555.79 crores in FY 2024, showing a slight increase from ₹552.19 crores in FY 2023. Net profit also improved, rising from ₹22.42 crores to ₹28.23 crores over the same period.
Indogulf Cropsciences IPO Market Lot Size
The minimum lot size for the Indogulf Cropsciences IPO is [.] shares, requiring an investment of approximately ₹[.]. Retail investors have the option to apply for up to 13 lots, totaling [.] shares with a maximum investment of around ₹[.].
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 67 | – | ₹- |
Indogulf Cropsciences IPO Details
IPO Open Date: | June 26, 2025 |
IPO Close Date: | June 30, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx ₹160 Crores |
Offer for Sale: | Approx 36,03,603 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Indogulf Cropsciences IPO Valuation – FY2024 (KPI)
Take a look at the key valuation metrics of the Indogulf Cropsciences IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | -% |
ROCE: | -% |
EBITDA Margin: | -% |
PAT Margin: | -% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹- (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | -% |
Net Asset Value (NAV): | ₹- |
Indogulf Cropsciences IPO Company Financial Report
In the financial year 2024, the company achieved a revenue of ₹555.79 crores, showing a slight increase from ₹552.19 crores in 2023. Net profit also rose to ₹28.23 crores in 2024, compared to ₹22.42 crores in the previous year.
(Figures are in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹490.23 | ₹454.68 | ₹26.36 | ₹413.59 |
2023 | ₹552.19 | ₹522.04 | ₹22.42 | ₹517.51 |
2024 | ₹555.79 | ₹516.08 | ₹28.23 | ₹542.25 |
Dec 2024 | ₹466.31 | ₹438.26 | ₹21.68 | ₹597.81 |
Indogulf Cropsciences IPO Dates
The Indogulf Cropsciences IPO will open for subscription on June 26, 2025, and close on June 30, 2025. The allotment of shares is expected to be completed by July 1, with the company likely to be listed on the stock exchanges on July 3.
IPO Open Date: | June 26, 2025 |
IPO Close Date: | June 30, 2025 |
Basis of Allotment: | July 1, 2025 |
Refunds: | July 2, 2025 |
Credit to Demat Account: | July 2, 2025 |
IPO Listing Date: | July 3, 2025 |
Promoters of Indogulf Cropsciences IPO
The promoters of the company are Om Prakash Aggarwal, Sanjay Aggarwal, Anshu Aggarwal and Arnav Aggarwal.
About Indogulf Cropsciences IPO
Indogulf Cropsciences Limited, founded in 1993, is a homegrown agrochemical company engaged in the production of crop protection solutions, plant nutrients, and biological products. It plays a key role in India’s agricultural input sector, offering a broad range of formulations aimed at improving crop health, yield, and sustainability.
In 2019, the company began manufacturing Spiromesifen technical with a purity level of 96.5%, and is recognized as one of the earliest Indian producers of Pyrazosulfuron Ethyl technical at 97% purity—marking a significant step in localizing complex agrochemical manufacturing.
Indogulf operates four manufacturing plants, spread across approximately 20 acres, located in Samba (Jammu & Kashmir) and Nathupur & Barwasni (Haryana). These facilities are equipped for multi-purpose, flexible production, allowing the company to adapt efficiently to market and client-specific demands.
Its domestic reach spans 22 states and 3 Union Territories, supported by a network of 169 business partners and 5,772 distributors. Globally, the company is connected with 129 partners across 34 countries, building a solid international presence.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Aries Agro Ltd | 14.94 | 17.47 | 7.07 | 200.20 | 516.46 Cr. |
Basant Agro Tech India Ltd | 0.43 | 44.58 | 2.27 | 19.22 | 404.75 Cr. |
Best Agrolife Ltd | 44.94 | 12.23 | 16.42 | 273.64 | 1873.32 Cr. |
Bhagiradha Chemicals & Industries Ltd | 17.50 | 101.81 | 4.40 | 397.59 | 407.65 Cr. |
Heranba Industries Ltd | 8.72 | 35.34 | 4.04 | 213.19 | 1257.07 Cr. |
India Pesticides Ltd | 5.24 | 41.62 | 72.90 | 7.17 | 680.41 Cr. |
Dharmaj Crop Guard Ltd | 13.13 | 18.02 | 12.35 | 106.33 | 654.10 Cr. |
Objects of the IPO
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To meet the company’s working capital needs
-
To repay or prepay a portion of existing loans and borrowings
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To invest in capital expenditure for establishing an in-house Dry Flowable (DF) manufacturing unit at Barwasni, Sonipat, Haryana
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To support various general corporate activities and operational requirements
Merchant Bankers
- Systematix Corporate Services Limited
Company Address
Indogulf Cropsciences Limited
501, Gopal Heights
Plot No – D-9,
Netaji Subhash Place
Delhi, New Delhi, 110034
Phone: +91 11 4004 0417
Email: [email protected]
Website: http://www.groupindogulf.com/
Indogulf Cropsciences IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Check Grey market premium at below
(GMP)