India Pesticides IPO Details, Date, GMP, Reviews
Published: 20th June 2021
India Pesticides Limited (IPL) is a prominent agrochemicals producer in India, having been founded in 1984. Technicals and Formulations are the two business verticals in which the organisation works. It produces herbicide, fungicide, and active pharmaceutical ingredient technicals (APIs). Folpet, Thiocarbamate, and Herbicide are among the Technicals for which it is the exclusive Indian manufacturer. In addition, the firm produces more than 30 insecticide, fungicide, and herbicide formulations.
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Technicals, which are primarily exported to more than 20 countries, including Australia, Asia, Africa, and Europe, accounted for 62% of technical segment revenues in Fiscal 2020. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd are among the domestic crop protection firms that sell agrochemical formulations.
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The company now operates two production sites in Uttar Pradesh, India: UPSIDC Industrial Area at Dewa Road, Lucknow, and Sandila, Hardoi, with a total installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.
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Competitive advantages
Company Promoters:
Anand Swarup Agarwal and The Asa Family Trust are the company promoters.
India Pesticides IPO Date and Details
Subscription Dates | 23-25 June 2021 |
Price Band | 290-296 Rs Per Share |
Fresh issue | 100 crore |
Offer For Sale | 700 Crore |
Total IPO size | 800 crore |
Minimum bid (lot size) | 50 Rs Share |
Face Value | 1 Rs share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
India Pesticides Market Lot
Lot | No of Shares | Amount | |
Minimum | 1 | 50 Shares | 14,800 Rs |
Maximum | 13 | 650 Shares | 192,400 Rs |
Registrar of India Pesticides IPO
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com
India Pesticides Contact Details
India Pesticides Limited
Swarup Cold Storage Compound, Water Works Road, Aishbagh,
Lucknow 226 004, Uttar Pradesh
Phone: +91 0522 2653602
Email: [email protected]
Website: www.indiapesticideslimited.co
Author: Main-IPO
Category: Upcoming IPO