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India Pesticides Ltd.

India Pesticides Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹296
₹296
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹296
Based on GMP
Min. Investment
₹14,800
1 lot × 50 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Jun 2021
Close Date
25 Jun 2021
Allotment
30 Jun 2021
Listing Date
05 Jul 2021
Exchange
NSE & BSE
Price Band
₹296
Listing Price
See chart
Allotment Status
Price Band
₹296
Per share
Face Value
₹1 per share
 
Lot Size
50 Shares
per lot
Issue Size
2,70,27,026 shares (aggregating up to ₹800.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,800
1 lot
Pre-IPO Holding
11,17,85,130 shares
Promoters
Post-IPO Holding
11,51,63,508 shares
Promoters
UPI Deadline
2021-06-25
Mandate
Anchor AllotmentTue, 22 Jun 2021
Basis of AllotmentWed, 30 Jun 2021
Refund InitiationThu, 01 Jul 2021
Demat CreditFri, 02 Jul 2021
Listing DayMon, 05 Jul 2021
UPI Mandate Deadline2021-06-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares33,78,378 shares (aggregating up to ₹100.00 Cr)
Offer for Sale2,36,48,648 shares of ₹1 (aggregating up to ₹700.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
India Pesticides Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Jun 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
27,027,026
100% ₹800.00
IPO Shares Offered
India Pesticides Ltd. IPO total issue size: ₹800.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 27,027,026 ₹800.00
100.00%
* Based on upper price band ₹296 per share
Lot Size & Investment
Lot Size
50
Shares per Lot
Issue Price
₹296.00
Upper Band
Min Investment
₹14,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2100₹29,600
Retail (Max — 13 Lots)13650₹192,400
S-HNI (Min — 14 Lots)14700₹207,200
B-HNI (Min — 68 Lots)683,400₹1,006,400
* Issue Price ₹296 × Lot Size 50 shares
IPO Schedule
Anchor
22 Jun 2021
✓ Done
IPO Open
23 Jun 2021
✓ Done
IPO Close
25 Jun 2021
✓ Done
Allotment
30 Jun 2021
✓ Done
Refunds
01 Jul 2021
✓ Done
Demat Credit
02 Jul 2021
✓ Done
Listing Day
05 Jul 2021
✓ Done
India Pesticides Ltd. — Live Price LIVE
₹296.00
INR · BSE
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Issue ₹296.00 Live Price
About India Pesticides Ltd.
Incorporated in 1984, India Pesticides Limited (IPL) is one of the leading agrochemicals manufacturers in India. The company operates in two business verticals; 1 Technicals and 2. Formulations. It manufactures herbicide, fungicide Technicals, and Active Pharmaceuticals Ingredients (APIs). It is the sole Indian manufacturer of several Technicals i.e. Folpet, Thiocarbamate, and Herbicide. The company also manufactures 30+ formulations of insecticides, fungicides, and herbicides.Its Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. However, agrochemical formulations are primarily sold to domestic crop protection manufacturers i.e. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd.Currently, the firm has two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India with an installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.Competitive strengthsAmong the top 5 global players of Folpet, Thiocarbamate, and Herbicide Technicals.Diversified product portfolio with specialized products.Domestic as well as international market presence.Consistent track record of financial performance.Strong Research & Development (R&D) capabilities.
Objects of the Issue
1
1 Funding working capital requirements of our Company
2
2 General corporate purposes
India Pesticides Ltd. Financials (Amount in Crore)
Revenue from Operations
₹346.0
31-Mar-19
₹489.7
31-Mar-20
₹655.4
31-Mar-21
Profit After Tax (PAT)
₹43.9
31-Mar-19
₹70.8
31-Mar-20
₹134.5
31-Mar-21
Particulars31-Mar-2131-Mar-2031-Mar-19
Revenue from Operations 655.38 489.73 346.04
EBITDA N/A N/A N/A
Profit After Tax (PAT) 134.53 70.80 43.92
Net Worth N/A N/A N/A
Total Assets 517.08 365.70 317.24
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered2,70,27,026 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,17,85,130 shares
Post-Issue Promoter Holding11,51,63,508 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much India Pesticides Ltd. IPO subscribed?

India Pesticides Ltd. IPO is subscribed 1.00 times by Jun 25, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is India Pesticides Ltd. IPO retail subscription status?

The India Pesticides Ltd. IPO retail category is subscribed 1.00 times as of 25 Jun 2021. The retail portion is oversubscribed.

How to subscribe India Pesticides Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Jun 2021 and closes 25 Jun 2021. Min investment: ₹14,800 (1 lot = 50 shares). UPI mandate: 2021-06-25.

How many times India Pesticides Ltd. IPO subscribed?

The India Pesticides Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check India Pesticides Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Jun 2021. Refunds: on 01 Jul 2021.

When India Pesticides Ltd. IPO will be listed?

The India Pesticides Ltd. IPO listing date is 05 Jul 2021, Monday. Listed on: NSE & BSE. Issue price: ₹296. Estimated listing: ₹296. GMP: NIL.

When India Pesticides Ltd. IPO close?

The India Pesticides Ltd. IPO closes on 25 Jun 2021, Friday. UPI mandate: 2021-06-25. Allotment: 30 Jun 2021. Listing: 05 Jul 2021.