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- Indogulf Cropsciences IPO 2025; Subscription Status | Minimum investment
Mumbai20 minutes ago
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Today is the last day of the IPO of Indogalf Cropsains i.e. 30 June. In two days this IPO Total is only 98% subscribed. This IPO in retail category has been subscribed to 158% and 86% in non-institutional investors (NII) category. On July 3, the company shares will be listed on BSE and NSE.
Through this issue, the company wants to raise the total ₹ 200 crores. The company will issue fresh shares worth Rs 40 crore in the issue. Along with this, the current investors or promoters of the company will sell shares worth Rs 160 crore through offer for sale.
If you are also planning to invest money in this IPO, then we are telling you how much you can invest in it…
How much money can you spend minimum and maximum?
Indogalf Cropsinesses has fixed the price band of the IPO ₹ 105 – ₹ 111. Retail investors can do bidding for minimum for 135 shares. If you apply for 1 lot of IPO’s Upper Prize Band ₹ 111, then you have to invest ₹ 14,985.
At the same time, retail investors can apply for maximum 13 lots i.e. 1,755 shares. For this, investors will have to invest ₹ 1,94,805 according to the upper prize band.
35% of the issue reserved for retail investors
The company has reserved 50% of the IPO for qualified Institutional Buyers (QIB). Apart from this, 35% share is reserved for non-institutional investors (NII).
Company makes agrochemicals and biological products
Indogalf Cropsinse has made agrochemicals, crop protection, plant nutrients and biological products since 1993. The company has a portfolio of over 400 products, and it also exports to 34 countries besides India.
What is IPO? When a company releases its shares for the common people for the first time, it is called an initial public offering i.e. IPO. The company needs money to increase business. In such a situation, instead of taking loans from the market, the company raises money by selling some shares to public or issuing new share. For this, the company brings IPO.
