Indogulf Cropsciences IPO Details
The Indogulf Cropsciences IPO is a book build issue with a total issue size of ₹200 cr, comprising of fresh issue of 14414414 equity shares., and a offer for sale of 3603603 equity shares. Indogulf Cropsciences IPO opened for subscription on Jun 26, 2025 and closed on Jun 30, 2025. Indogulf Cropsciences IPO is set price band at ₹105 to ₹111 per share, with a lot size of 135 shares. Minimum investment for Retail investors was ₹14,985.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 01, 2025, and listed on both the NSE and BSE on Jul 03, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Systematix Corporate Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Indogulf Cropsciences IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 105 – 111
- Lot Size
- 135
- Issue Size
- ₹200 Cr
- Minimum Investment
- ₹14985 (135 Shares)
- Listing Date
- 03 July 2025
Current GMP
₹18 (+16.22%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Indogulf Cropsciences Limited
Established in 1993, Indogulf Cropsciences Limited is a leading Indian agrochemical company engaged in the manufacturing and marketing of crop protection solutions, plant nutrients, and biologicals. With a comprehensive product range and a strong distribution network, the company serves both retail (B2C) and institutional (B2B) customers, aiming to enhance agricultural productivity and crop yields.
Business Verticals & Product Portfolio
Indogulf operates across three core verticals:
- Crop Protection Products
- Includes a wide range of insecticides, fungicides, herbicides, and bio-stimulants
- Designed to protect crops from pests, diseases, and weeds while ensuring healthy growth and yield
- Plant Nutrients
- Offers specialty fertilizers, bio-stimulants, and soil health products
- Formulated to improve soil fertility, stimulate root development, and enhance plant performance
- Biologicals
- Includes environmentally friendly bio-fertilizers and bio-stimulants such as Biogold, Indo Breeza, and Indo Mychoriza
- Improves nutrient uptake, stress resistance, and long-term sustainability of crops
The company manufactures its products in various formulations, including WDG, SC, CS, ULV, EW, SG, and FS, and offers them in powder, granule, and liquid forms to meet diverse agricultural needs.
Manufacturing & Infrastructure
Indogulf operates four state-of-the-art manufacturing facilities:
- Samba (Jammu & Kashmir)
- Two units in Nathupur (Haryana)
- Barwasni (Haryana)
Spread over approximately 20 acres, these facilities are flexible and multi-purpose, enabling the company to adapt to shifting market demands and customer specifications.
Notably, Indogulf is among the first indigenous manufacturers in India of:
- Spiromesifen technical (96.5% purity) – manufactured since 2019
- Pyrazosulfuron Ethyl technical (97% purity)
Distribution & Global Presence
As of August 31, 2024, Indogulf has built a strong domestic and international footprint:
- Presence across 22 Indian states and 3 Union Territories
- 169 institutional business partners (B2B)
- 5,772 active domestic distributors (B2C)
- 129 overseas business partners, distributing to over 34 countries
The company supports its distribution with 17 stock depots and six regional sales/branch offices across India. A dedicated sales and development team ensures customer engagement and product support.
As of August 31, 2024, Indogulf Cropsciences employed 640 permanent staff, spanning operations, R&D, sales, marketing, and support functions.
Competitive Strengths
- Diversified and specialized product portfolio across crop protection, nutrients, and biologicals
- Established and expansive distribution network, both domestically and internationally
- Backward-integrated manufacturing infrastructure, supporting efficiency and scale
- Strong R&D and product innovation capabilities, keeping pace with evolving agrochemical trends
- Experienced promoters and professional management team, driving growth and operational excellence
Indogulf Cropsciences IPO Promoters
- Om Prakash Aggarwal
- Sanjay Aggarwal
- Anshu Aggarwal
- Arnav Aggarwal
Promoters Holding
Holding Pre Issue
96.86%
Holding Post Issue
68.00%
Indogulf Cropsciences IPO Objective
The Company Indogulf Cropsciences IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding working capital requirements of our Company 65.00
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company 34.12
- Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana 14.00
- General corporate purposes
Address / Contact Info
Indogulf Cropsciences Limited
501, Gopal Heights
Plot No - D-9,
Netaji Subhash Place
Delhi, New Delhi, 110034
Phone: +91 11 4004 0417
Email: cs@groupindogulf.com
Website: http://www.groupindogulf.com/
IPO Snapshot
Book Running Lead Managers
- Systematix Corporate Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Indogulf Cropsciences IPO is a Book-building IPO with a total issue size of ₹200 crore. The Indogulf Cropsciences IPO price band is ₹105 to 111 per share. The Indogulf Cropsciences IPO subscription opens on Thu, Jun 26, 2025, and closes on Mon, Jun 30, 2025. The Indogulf Cropsciences IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Indogulf Cropsciences IPO.
The Indogulf Cropsciences IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025
Indogulf Cropsciences IPO Price Band is ₹105 to 111 per share.
Indogulf Cropsciences IPO lot size is 135 shares, Retail investors need a minimum investment of ₹14985 based on the upper price band
The minimum investment for Indogulf Cropsciences IPO is ₹14985, based on one lot of 135 shares at the upper price band of ₹111 per share.
Investors can apply for the Indogulf Cropsciences IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jun 30, 2025. The application amount remains blocked until the Indogulf Cropsciences IPO allotment is finalized.
Indogulf Cropsciences IPO issue size is ₹200 crores.
Indogulf Cropsciences IPO allotment date is Wed, Jul 1, 2026.
The registrar for Indogulf Cropsciences IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Indogulf Cropsciences IPO allotment status, refund processing, and other IPO-related information.
The Indogulf Cropsciences IPO GMP (Grey Market Premium) is ₹18 as of Thu, Jul 3, 2025. Based on the upper price band of ₹111 per share, the estimated Indogulf Cropsciences IPO listing price is ₹129, indicating a potential listing gain of approximately 0% over the issue price.