Indogulf Cropsciences IPO: GMP, Price Band, Dates, Lot Size, Financials, and Subscription
Indogulf Cropsciences IPO opens on June 26 at a price band of ₹105–111. Lot size is 135 shares; listing expected on July 3. Apply via IPO Ji.
Indogulf Cropsciences IPO is eliciting huge investor concerns on the Indian stock market through a strong agrochemical business, diverse international existence, and future capacity addition. The date of Indogulf Cropsciences IPO has been set between June 26- June 30, 2025, and the company has set the price band of IPO at 105 to 111 Rs per share.
Total size of IPO is 200 Crore, this IPO is based on a combination of a fresh issue of 160 crore and 40 lakh of equity shares by promoters by means of offer-for-sale (OFS). Let us get into all the nitty-gritties of the same-the lot size of Indogulf Cropsciences IPO, GMP (grey market premium), details of subscription, date of listing, and whether this IPO is worth making an investment.
What is Indogulf Cropsciences IPO?
Indogulf Cropsciences Limited is an indigenous agrochemical and crop protection company which will come up with its initial public offering (IPO) on June 26, 2025. It will open the IPO to subscription until June 30, 2025. The price band has been fixed to 105 to 111 per equity share at face value of 10 per share.
This is a combination offer that has a fresh equity issue of 160 crores and an OFS element and in this, the promoters are selling 40 lakh shares. The company intends to use the proceeds of IPO to satisfy the working capital requirements, to finance capital expenditure to construct a new Dry Flowable (DF) plant in Haryana, to repay debt and to finance general corporate purposes.
Indogulf Cropsciences IPO Price Band and Lot Size
- Price Band: ₹105 to ₹111 per equity share
- Lot Size: 135 shares per lot
- Minimum Investment (Retail): ₹14,985 (at upper band)
- Investment multiples: In lots of 135 shares
Retail investors must bid for at least 1 lot (135 shares). High Net-worth Individuals (HNIs) and Qualified Institutional Buyers (QIBs) can bid in higher multiples.
Key Dates for Indogulf Cropsciences IPO
- Anchor Investor Allotment: June 25, 2025
- IPO Open Date: June 26, 2025
- IPO Close Date: June 30, 2025
- Basis of Allotment: July 1, 2025
- Refund Initiation: July 2, 2025
- Demat Credit of Shares: July 2, 2025
- Listing Date on BSE and NSE: July 3, 2025
The Indogulf Cropsciences IPO listing date is expected to be Thursday, July 3, 2025, on both the BSE and NSE.
Company Overview Indogulf Cropsciences
Indogulf Cropsciences Ltd is a reputed name in the agrochemical sector of India, and it deals with manufacturing crop protection products, plant nutrients and biological solutions. It was also one of the pioneering Indian manufacturers of Pyrazosulfuron Ethyl (97% purity) and Spiromesifen technical (96.5 % purity).
Key Highlights:
- Production Capacity: 4 factories Jammu and Kashmir, and Haryana, with an area of approximately 20 acreage
- Distribution Network:
- One hundred and sixty-nine business partners
- Distributor numbers 5,772, in 22 states and 3 Union Territories
- International presence through export in 34 countries and 129 partners abroad
This large domestic and international presence leads to a solid competitive edge of Indogulf.
Indogulf Cropsciences IPO Objectives
The primary goals of raising funds through the IPO include:
- Fulfilling working capital requirements
- Repayment or prepayment of borrowings
- Setting up a Dry Flowable (DF) facility in Haryana
- Supporting general corporate purposes
These objectives reflect the company’s intent to strengthen its manufacturing capabilities and reduce debt burden.
Peer Comparison and Valuation
According to the Red Herring Prospectus, Indogulf Cropsciences lists the following companies as its peers:
Indogulf’s final valuation multiple will be clearer post financial disclosures in the final RHP, but the price band suggests a relatively reasonable valuation compared to peers.
Indogulf Cropsciences Financials
The full financial details (FY23–FY24) is available in the Red Herring Prospectus (RHP). Based on the company's strong expansion and export presence, investors can expect consistent top-line and bottom-line performance.
Indogulf Cropsciences Limited Financial Information (Restated Consolidated)
How to Apply for Indogulf Cropsciences IPO?
Investors can apply for the Indogulf Cropsciences IPO via UPI or ASBA through their net banking or stock broker platforms. Alternatively, users can use the IPO Ji app or website for a seamless IPO application process.
Steps to Apply Using IPO Ji:
- Download the IPO Ji App or visit ipoji.com
- Log in using your mobile number and verify KYC
- Choose Indogulf Cropsciences IPO
- Enter lot size, UPI ID and confirm bid
- Accept mandate in UPI app
The Indogulf Cropsciences IPO brings an opportunity to invest in a well-established player in the Indian agrochemical sector. With strong export potential, wide product portfolio, and planned capacity expansions, the IPO offers a promising investment for both retail and institutional investors. However, investors should review the financials and GMP trends before finalizing their bids.
For GMP updates, IPO analysis, allotment status, and simplified application — use IPO Ji, your one-stop solution for everything IPO.
FAQs – Indogulf Cropsciences IPO
Q1. What is the Indogulf Cropsciences IPO price band? The IPO price band is set at ₹105 to ₹111 per share.
Q2. What is the lot size for Indogulf Cropsciences IPO? Investors need to apply for a minimum of 135 shares in one lot.
Q3. What are the IPO open and close dates? The IPO opens on June 26 and closes on June 30, 2025.
Q4. What is the expected Indogulf IPO listing date? The shares are likely to be listed on July 3, 2025, on both BSE and NSE.
Q5. What is Indogulf Cropsciences IPO GMP today? The live GMP (grey market premium) can be tracked via IPO Ji app or leading IPO tracking websites.
Q6. How can I apply for Indogulf Cropsciences IPO? You can apply using UPI through your broker or use IPO Ji for a fast and paperless experience.
