- Hindi news
- Business
- Indogulf Cropsciences IPO Opens June 26: Price, Lot Size, Key Details & Investment Insights
Mumbai34 minutes ago
- Copy link
The IPO of the Indogalf Cropsains is opening on 26 June. Investors will be able to do bidding by June 30 for this issue. On July 3, the company shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (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…
Special dates related to IPO
| IPO Open | 26 June 2025 |
| IPO Close | 30 June 2025 |
| Share allotment | 1 July 2025 |
| Credit / refund in demat | 2 July 2025 |
| Listing date | 3 July 2025 |
Note – These are tentative dates, they can change.
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).
Use of money raised from IPO Paying a loan of ₹ 210 crore and Capital Expenditure will do for General Corporate Purpose.
Indogalf Cropsinces profit up by Rs 55 crore
| Duration | 31 December 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
|---|---|---|---|---|
| Assets | 597.81 | 542.25 | 517.51 | 413.59 |
| Revenue | 466.31 | 555.79 | 552.19 | 490.23 |
| Profit | 21.68 | 28.23 | 22.42 | 26.36 |
| Net worth | 265.43 | 231.65 | 203.25 | 180.51 |
Note – The amount is in crores of rupees … Source: Chittorgarh.com
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.
