Eldorado Agritech IPO Details
Eldorado Agritech Limited filed its draft red herring prospectus with SEBI on 3 Sep 2025 and Sebi Approval received on 5 Dec 2025 for an issue of about ₹1,000.00 Cr. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- SEBI Approved
- DRHP filed
- 3 Sep 2025
- SEBI Approval
- 5 Dec 2025
- Issue size
- ₹1,000.00 Cr
- Board
- Mainboard
- Price band
- TBA
Eldorado Agritech IPO status
Eldorado Agritech Limited filed its draft red herring prospectus (DRHP) with SEBI on and SEBI Approval received on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 3 Sep 2025 |
|---|---|
| Days since filing | 423 |
| SEBI observation | 5 Dec 2025 |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
Eldorado Agritech Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹352.91 Cr to ₹442.54 Cr, and profit after tax rose from ₹48.78 Cr to ₹71.86 Cr. The PAT margin for 31 Mar 2025 was 16.24%.
| Period ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 657.67 | 445.15 | 310.51 |
| Total Income | 442.54 | 352.91 | 270.05 |
| Profit After Tax | 71.86 | 48.78 | 29.33 |
| Net Worth | 250.13 | 177.86 | 129.12 |
| Reserve & Surplus | 239.25 | 166.98 | 118.23 |
| Total Borrowings | 272.85 | 157.46 | 107.68 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 34.60 | 33.14 | 27.12 |
| ROCE % | 23.75 | 24.48 | 22.10 |
| Debt / Equity | 1.12 | 0.92 | 0.88 |
| RoNW % | 33.58 | 31.78 | 25.62 |
| Pat Margin % | 16.28 | 13.85 | 10.87 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Eldorado Agritech Ltd | 2 | — | 5.22 | 5.22 | 33.58% | 17.71 |
| Kaveri Seeds Company Ltd | 2 | 21.13 | 55.10 | 55.10 | 20.61% | 292.28 |
| Dhanuka Agritech Ltd | 2 | 24.51 | 65.55 | 65.55 | 22.34% | 311.17 |
| Rallis India Limited | 1 | 58.75 | 6.43 | 6.43 | 6.70% | 97.92 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company and its Subsidiary - Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company – ₹163.20 Cr . - Prepayment or repayment of a portion of certain outstanding borrowings availed by the Material Subsidiary – ₹81.80 Cr . | 245.00 |
| 2 | General corporate purposes | — |
| Total | 245 |
About Eldorado Agritech Limited
Incorporated on June 16, 2009, Eldorado Agritech Limited operates in the agriculture, forestry, and fishing sector, with a primary focus on seed production and distribution. The company markets its products under the brand name Srikar Seeds, offering a diverse portfolio of hybrid and open-pollinated variety (OPV) seeds for a wide range of agricultural crops.
Its product portfolio comprises 226 hybrid and OPV seed varieties covering 47 crops, including maize, paddy (rice), cotton, wheat, bajra (pearl millet), and various vegetables. This diversified portfolio enables the company to cater to the seed requirements of farmers cultivating different crops across agricultural markets.
In addition to its seed business, Eldorado Agritech has a presence in the agrochemical segment. The company holds 269 registered agrochemical formulations with the Central Insecticides Board and Registration Committee (CIBRC) and has filed applications for nine product patents under the Indian Patents Act, reflecting its focus on product development and innovation.
Key Product Categories:
Seeds
Paddy (rice)
Wheat
Cotton
As of June 30, 2025, the company had 1,371 employees on its payroll, supporting its operations across seed production, distribution, and related business activities.
Promoters
- Dr. Srinivasa Rao Linga
- Usha Rani Papineni
Contact details
Eldorado Agritech Ltd.
Shed-2,
Plot No. A11 & A12/1,
IDA Nacharam, Medchal,
Hyderabad, Telangana, 500076
Phone: 91 40 2222 2227
Email: ipo@eldoradoagritech.com
Website: http://www.eldoradoagritech.com/
Eldorado Agritech IPO FAQs
- Has Eldorado Agritech IPO filed for an IPO?
- Eldorado Agritech Limited filed its draft red herring prospectus (DRHP) with SEBI on 3 Sep 2025.
- When will the Eldorado Agritech IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the Eldorado Agritech IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
- What is the Eldorado Agritech IPO size?
- The DRHP proposes an issue of about ₹1,000.00 Crore. The final size can change in the RHP.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.