Indogulf Cropsciences Limited IPO
Indogulf Cropsciences Limited is a domestic manufacturer of crop protection products, plant nutrients, and biologicals. It is among the early Indian producers of Pyrazosulfuron Ethyl (97% purity) and manufactures Spiromesifen (96.5% purity) since 2019. Recognized as a ‘Two Star Export House’ by the Government of India, the company exports to over 34 countries and is gaining presence in the global agrochemical market.
Price Band₹105 - ₹111 |
Dates26 Jun - 30 Jun |
GMP₹11 (9.91%) |
Subscriptions- |
Issue Size₹200.00 Crs |
Indogulf Cropsciences IPO Objects
- Funding working capital requirements of our Company
- Repayment 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 plant
- General Corporate Purposes
Indogulf Cropsciences IPO Details
Price Band₹105 - ₹111 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹160.00 Cr (1.44 Cr Shares) |
Offer For Sale₹40.00 Cr (0.36 Cr Shares) |
Total Issue₹200.00 Cr (1.80 Cr Shares) |
Face Value₹10 per equity share |
Indogulf Cropsciences IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
135
14,985
Maximum
13
1,755
1,94,805
|
|||
| Small HNI |
Minimum
14
1,890
2,09,790
Maximum
66
8,910
9,89,010
|
|||
| Big HNI |
Minimum
67
9,045
10,03,995
|
|||
Indogulf Cropsciences IPO GMP
The estimated Grey Market Premium of Indogulf Cropsciences IPO is ₹11 per share (9.91%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | TBD |
Indogulf Cropsciences IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 464.19 | 552.23 | 549.66 | 487.21 |
| Profit after Tax | 21.68 | 28.23 | 22.42 | 26.36 |
| Net Worth | 265.43 | 231.65 | 203.25 | 180.51 |
| Total Borrowing | 206.30 | 154.56 | 189.22 | 101.38 |
| Total Assets | 597.81 | 542.25 | 517.51 | 413.59 |
| NAV per share (in ₹) | 54.41 | 97.98 | 85.96 | 76.35 |
| EPS - Basic (in ₹) | 5.10 | 12.00 | 9.53 | 11.21 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 10.09% |
| PAT | 5.11% |
| RONW | 12.19% |
| ROCE | 11.93% |
| Debt to Equity | 0.67 |
| PE Ratio | 9.25 |
| PB Ratio | 1.13 |
| Mkt Cap (in Crs.) | 701.54 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Indogulf Cropsciences IPO Peer Comparision
| Particulars | Indogulf Cropsciences | Aries Agro | Basant Agro | Best Agrolife | Bhagiradha Chem | Heranba Industries | India Pesticides | Dharmaj Crop |
|---|---|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 552.23 | 516.46 | 404.75 | 1,873.32 | 407.65 | 1,257.07 | 680.41 | 654.10 |
| PAT (In Crs.) | 28.23 | 18.40 | 3.96 | 106.27 | 18.22 | 34.50 | 60.17 | 44.38 |
| EPS - Basic | 12.00 | 14.94 | 0.43 | 44.94 | 17.50 | 8.72 | 5.24 | 13.13 |
| NAV per share | 97.98 | 200.20 | 19.22 | 273.64 | 397.59 | 213.19 | 7.17 | 106.33 |
| RONW | 12.19% | 7.07% | 2.27% | 16.42% | 4.40% | 4.04% | 72.90% | 12.35% |
| EBITDA | 10.09% | 10.73% | 6.12% | 12.04% | 10.53% | 6.12% | 12.73% | 9.62% |
| PAT Margin | 5.11% | 3.56% | 0.98% | 5.67% | 4.47% | 2.74% | 8.84% | 6.78% |
| Price to earning (PE) | 9.25 | 17.47 | 44.58 | 12.23 | 101.81 | 35.34 | 41.62 | 18.02 |
| Debt to Equity | 0.67 | 0.27 | 0.88 | 0.97 | 0.15 | 0.19 | 0.02 | 0.31 |
- All information pertains to FY 2023-24.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 01, 2024 for Peers
Indogulf Cropsciences IPO Peer Comparision
| Particulars | Indogulf Cropsciences |
|---|---|
| Revenue from Ops (in Crs.) | 552.23 |
| PAT (In Crs.) | 28.23 |
| EPS - Basic | 12.00 |
| NAV per share | 97.98 |
| RONW | 12.19% |
| EBITDA | 10.09% |
| PAT Margin | 5.11% |
| Price to earning (PE) | 9.25 |
| Debt to Equity | 0.67 |
| Aries Agro | Basant Agro | Best Agrolife | Bhagiradha Chem | Heranba Industries | India Pesticides | Dharmaj Crop |
|---|---|---|---|---|---|---|
| 516.46 | 404.75 | 1,873.32 | 407.65 | 1,257.07 | 680.41 | 654.10 |
| 18.40 | 3.96 | 106.27 | 18.22 | 34.50 | 60.17 | 44.38 |
| 14.94 | 0.43 | 44.94 | 17.50 | 8.72 | 5.24 | 13.13 |
| 200.20 | 19.22 | 273.64 | 397.59 | 213.19 | 7.17 | 106.33 |
| 7.07% | 2.27% | 16.42% | 4.40% | 4.04% | 72.90% | 12.35% |
| 10.73% | 6.12% | 12.04% | 10.53% | 6.12% | 12.73% | 9.62% |
| 3.56% | 0.98% | 5.67% | 4.47% | 2.74% | 8.84% | 6.78% |
| 17.47 | 44.58 | 12.23 | 101.81 | 35.34 | 41.62 | 18.02 |
| 0.27 | 0.88 | 0.97 | 0.15 | 0.19 | 0.02 | 0.31 |
- All information pertains to FY 2023-24.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 01, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Sanjay Aggarwal | 26.23% |
| Arnav Aggarwal | 17.62% |
| Anshu Aggarwal | 17.36% |
| Om Prakash Aggarwal | 14.51% |
| Other Promoter | 21.14% |
| Total | 96.87% |
Management Details
| Name | Designation |
|---|---|
| Om Prakash Aggarwal | Chairman |
| Sanjay Aggarwal | MD |
| Manoj Gupta | CFO |
Company Details
Name: Indogulf Cropsciences Limited
Address: 501, Gopal Heights Plot No – D-9, Netaji Subhash Place, New Delhi – 110034, Delhi, India
Number: +91 11 4004 0417
Email: cs@groupindogulf.com
Website: www.groupindogulf.com
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Find answers to common questions that come in your mind related to IPO.
Indogulf Cropsciences IPO is a Mainboard IPO having an issue size of Rs. ₹200.00 Crs. Indogulf Cropsciences IPO is priced at ₹105 - ₹111 per share. The issue opens on 26 Jun 25 and closes on 30 Jun 25.
Indogulf Cropsciences IPO opens on 26 Jun 25 and closes on 30 Jun 25.
The estimated Grey Market Premium of Indogulf Cropsciences IPO is ₹11 per share (9.91%).
The minimum lot size of Indogulf Cropsciences IPO is 135 shares & the minimum application amount is Rs. 14985.
The allotment date of Indogulf Cropsciences IPO is 01 Jul 25.
The listing date of Indogulf Cropsciences IPO is 03 Jul 25.
Indogulf Cropsciences IPO is subscribed -.
Indogulf Cropsciences IPO is priced at ₹105 - ₹111 per share.
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