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Open
26 Jun 2025
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Close
30 Jun 2025
3
Allotment
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Listing
Thu, Jul 3, 2025
Price Band
₹105 to ₹111
Issue Size
1,80,40,144 shares (agg. up to ₹200 Cr)
Lot Size
135 Shares
Listing Date
Thu, Jul 3, 2025
Latest GMP
₹18
Est. Gain
16.22%
✦ AI Insight
GMP Trend
03-07-2025₹18Est. ₹129+16.22%
02-07-2025₹18Est. ₹129+16.22%
01-07-2025₹12Est. ₹123+10.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.50x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 597.81 | 542.25 | 517.51 | 413.59 |
| Total Income | 466.31 | 555.79 | 552.19 | 490.23 |
| Profit After Tax | 21.68 | 28.23 | 22.42 | 26.36 |
| EBITDA | 44.78 | 55.74 | 49.04 | 47.24 |
| NET Worth | 265.43 | 231.65 | 203.25 | 180.51 |
| Reserves and Surplus | 216.64 | 208.01 | 179.60 | 156.87 |
| Total Borrowing | 206.30 | 154.56 | 189.22 | 101.38 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ambey Laboratories Ltd. | SME | ₹44.68 Cr | ₹68 | 27.81 | ₹89.25 | +31.25% | ₹23.00 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 65.00 |
| 2 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company | 34.12 |
| 3 | Capital expenditure of the Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana | 14.00 |
| 4 | General Corporate Purposes | 27.85 |
| 5 | Issue Expenses | 23.78 |
| Total | 164.74 |
About Indogulf Cropsciences IPO
Incorporated in 1993, Indogulf Cropsciences Limited is engaged in manufacturing crop protection products, plant nutrients, and biologicals in India. The company manufactured Spiromesifen technical with 96.5% purity in 2019 and is one of the first indigenous manufacturers of Pyrazosulfuron Ethyl technical with 97% purity in India. The company operates four manufacturing facilities in Samba (Jammu & Kashmir) and Nathupur (Haryana), covering approximately twenty acres, including two sites in Nathupur and one in Barwasni, Haryana. The company has a sales network across 22 states and 3 Union Territories in India, with 169 business partners, 5,772 distributors, and 129 partners in 34 countries worldwide. The company’s flexible, multi-purpose facilities allow diverse product manufacturing, adapting to customer needs. Its competitive advantage is strengthened by high regulatory barriers in the agrochemical industry, including costs and complex approvals. Product Portfolio: Plant Nutrients: The company manufactures specialty fertilizers, bio-simulants, and performance products, including straight fertilizers and soil health products, to enhance soil fertility, stimulate root growth, and imp
Contact Details
Indogulf Cropsciences Ltd. Address501, Gopal HeightsPlot No-D-9Netaji Subhash PlaceDelhi, New Delhi, 110034+91 11 4004 0417cs@groupindogulf.comVisit Website