Indogulf Cropsciences IPO to Open on June 26: Key Details, Price Band, and Company Overview
Indogulf Cropsciences Limited, a company specializing in agricultural inputs, is all set to launch its ₹200 crore Initial Public Offering (IPO) on June 26, 2025. The IPO will remain open for subscription until June 30, 2025, offering investors a blend of new equity and promoter sell-off.
The issue consists of a fresh issue of 1.44 crore equity shares worth ₹160 crore and an Offer for Sale (OFS) of 0.36 crore shares amounting to ₹40 crore. The company’s shares are expected to be listed on both the BSE and NSE with a tentative listing date of July 3, 2025. The share allotment is scheduled to be finalized on July 1, 2025.
Price Band and Investment Details
The price band for the IPO is fixed between ₹105 to ₹111 per share. Retail investors can apply for a minimum lot of 135 shares, requiring an investment of ₹14,175 at the lower price band. However, to improve the chances of allotment, investors are advised to bid at the cutoff price, pushing the total investment to ₹14,985.
High Net-Worth Individuals (HNIs) can participate as follows:
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sNIIs (Small Non-Institutional Investors): 14 lots or 1,890 shares (~₹2,09,790)
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bNIIs (Big Non-Institutional Investors): 67 lots or 9,045 shares (~₹10,03,995)
Investors can apply in multiples of 135 shares beyond the minimum lot size.
Company Background
Founded in 1993, Indogulf Cropsciences Limited is engaged in the manufacturing and distribution of crop protection products, plant nutrients, and biologicals. The company has gained a strong foothold in India’s agrochemical sector and is recognized for innovation in high-purity formulations.
Notably, Indogulf was among the first companies in India to manufacture Spiromesifen technical with 96.5% purity and Pyrazosulfuron Ethyl technical with 97% purity, marking significant milestones in indigenous agri-chemical manufacturing.
The company operates four manufacturing facilities located in Samba (Jammu & Kashmir) and Nathupur and Barwasni (Haryana), spread across approximately 20 acres.
Sales Network and Global Reach
Indogulf has built a wide-reaching sales and distribution network:
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Active across 22 states and 3 Union Territories in India
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Engages 169 business partners, 5,772 distributors, and 129 international partners
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Presence in 34 countries, underlining its growing global footprint
The company’s expansive distribution system enables it to reach a diverse customer base across domestic and international markets.
Promoters and Market Capitalization
The IPO is backed by experienced promoters including Om Prakash Aggarwal, Sanjay Aggarwal, Anshu Aggarwal, and Arnav Aggarwal. Post-listing, the market capitalization of Indogulf Cropsciences is expected to be approximately ₹701.54 crore, reflecting investor confidence in the company’s long-term potential.
Conclusion
With a strong domestic presence, innovative product portfolio, and international reach, Indogulf Cropsciences offers an attractive proposition for investors looking to capitalize on the growth of India’s agri-input sector. The upcoming IPO provides a gateway into a resilient and expanding segment of the Indian economy.
Disclaimer: This content is for informational and educational purposes only. Please consult a financial advisor before making investment decisions.
