Indogulf Cropsciences Limited is launching its Rs 200 crore IPO, open for subscription from 26th to 30th June. The issue comprises a fresh issue of Rs 160 crore and an offer-for-sale worth Rs 40 crore. These shares will be listed on both the BSE and NSE.
This is a book-building issue, with a minimum investment of Rs 14,985 for retail investors.
- Small NIIs need to invest Rs 2,09,790 for 1,890 shares (14 lots)
- Large NIIs must invest Rs 10,03,995 for 9,045 shares (67 lots)
Bigshare Services is the registrar, while Systematix Corporate Services is the book-running lead manager.
Indogulf Cropsciences IPO Latest Updated GMP Today
The latest updated GMP of Indogulf Cropsciences IPO is Rs 9, as of 27th June, 2025 12:30 PM. The IPO has a price band of Rs 111. The estimated listing price for Indogulf Cropsciences IPO is Rs 120, reflecting a potential gain of 8.11% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 27-06-2025 | Rs 9 | Rs 120 | 12:30 PM |
| 26-06-2025 | Rs 11 | Rs 122 | 3:50 PM |
| 25-06-2025 | Rs 11 | Rs 122 | 11:30 PM |
| 24-06-2025 | Rs 11 | Rs 122 | 11:30 PM |
| 23-06-2025 | Rs 11 | Rs 122 | 11:30 PM |
Everything You Need to Know About the Indogulf Cropsciences IPO
| Face Value | Rs 10 per Share |
| Lot Size | 135 Shares |
| Price Band | Rs 105 to Rs 111 |
| Listing At | BSE, NSE |
| Total Issue Size | 1,80,18,017 Shares (aggregating up to Rs 200 Cr) |
| Fresh Issue | 1,44,14,414 Shares (aggregating up to Rs 160 Cr) |
| Offer-for-Sale | 36,03,603 Shares (aggregating up to Rs 40 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Indogulf Cropsciences IPO Timeline
| Opening β Closing Dates | 26th June β 30th June |
| Cut-off Time for UPI Mandate Approval | 5 PM on 30th June |
| IPO Allotment | 1st July |
| Amount Refund | 2nd July |
| Credit of Shares | 2nd July |
| Listing Date | 3rd July |
Investment Limits & Lot Size for Indogulf Cropsciences IPO
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 135 | Rs 14,985 |
| Retail (Max) | 13 | 1,755 | Rs 1,94,805 |
| S-HNI (Min) | 14 | 1,890 | Rs 2,09,790 |
| S-HNI (Max) | 66 | 8,910 | Rs 9,89,010 |
| B-HNI (Min) | 67 | 9,045 | Rs 10,03,995 |
Indogulf Cropsciences Limited Company Details
Founded in 1993, Indogulf Cropsciences Limited is an Indian company that makes crop protection products, plant nutrients, and biologicals.
In 2019, it became one of the first Indian companies to produce Spiromesifen (96.5% purity) and Pyrazosulfuron Ethyl (97% purity) at a technical level.
Operations & Presence:
- The company runs four manufacturing units across Jammu & Kashmir and Haryana, covering about 20 acres.
- It has a strong distribution network with 5,772 distributors and 169 business partners across 22 states and 3 Union Territories in India.
- Globally, it partners with 129 distributors in 34 countries.
Product Range:
- Plant Nutrients: Includes specialty fertilizers, bio-stimulants, and soil health products that boost soil fertility and crop yield.
- Crop Protection: Offers insecticides, fungicides, herbicides, and bio-stimulants to protect crops from pests and diseases.
- Biologicals: Produces bio-fertilizers and bio-stimulants like Biogold, Indo Breeza, and Indo Mychoriza that improve growth and sustainability.
The companyβs flexible manufacturing setup allows it to produce a wide range of products based on market needs. It benefits from high regulatory entry barriers in the agrochemical space.
As of 31st August, 2024, Indogulf had 640 permanent employees.
Indogulf Cropsciences Finances
| Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 597.81 | 542.25 |
| Revenue (in Rs Cr.) | 466.31 | 555.79 |
| Profit After Tax (in Rs Cr.) | 21.68 | 28.23 |
Financial Performance:
Revenue: The company generated Rs 466.31 crore in revenue during the period ended on 31st December, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 265.43 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 597.81 crore as of December 2024. Assets have grown significantly, indicating potential expansion and investment.
Indogulf Cropsciences IPO FAQs
- What is the issue price band of the Indogulf Cropsciences Limited IPO?
The issue price band for the Indogulf Cropsciences IPO is Rs 105 to Rs 111 per share.
- What is the issue size of the Indogulf Cropsciences IPO?
The total issue size of the IPO is Rs 200 crore.
- What is the lot size for the Indogulf Cropsciences IPO?
Each lot consists of 135 shares, with a minimum investment of Rs 14,985.
- What are the allotment and listing dates for the Indogulf Cropsciences IPO?
The allotment is set for 1st July, and the listing is scheduled for 3rd July.
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