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Indogulf Cropsciences

Indogulf Cropsciences Limited, established in 1993, is an Indian company involved in the production of crop protection products, plant nutrients, and biologicals. In 2019, it began manufacturing Spiromesifen technical with 96.5% purity and became one of the first local producers of Pyrazosulfuron Ethyl technical with 97% purity. The company operates four manufacturing units spread across approximately twenty acres in Samba (Jammu & Kashmir) and Nathupur and Barwasni in Haryana. It has a strong sales presence in 22 Indian states and 3 Union Territories, supported by 169 business partners, 5,772 distributors, and 129 international partners across 34 countries. Its flexible and multi-purpose production facilities allow it to adapt quickly to different customer needs. The company benefits from high entry barriers in the agrochemical sector, such as high costs and complex regulatory approvals. Indogulf's product range includes plant nutrients like specialty fertilizers and soil health products that improve fertility, root growth, and crop yield. Its crop protection offerings consist of insecticides, fungicides, herbicides, and bio-stimulants that help protect crops from pests, diseases, and weeds. The company also provides biologicals such as bio-fertilizers and bio-stimulants to enhance nutrient uptake, stress tolerance, and sustainable farming. Popular products in this category include Biogold, Indo Breeza, and Indo Mychoriza. As of August 31, 2024, the company employed 640 permanent staff members.

₹105 - ₹11127.06x sub
Listed Price₹111.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 Jun 2025
Close30 Jun 2025
Allotment01 Jul 2025
Listing03 Jul 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail61,17,117 shares
33.95%
Nii(hni)26,21,622 shares
14.55%
QIB34,95,496 shares
19.4%
Employees6,00,000 shares
3.33%

Minimum Application Lots

Retail1 Lot (135 shares)
₹14,985
sHNI14 Lots (1,890 shares)
₹2,09,790
bHNI67 Lots (9,045 shares)
₹10,03,995

Company Promoters

Om Prakash Aggarwal2. Sanjay Aggarwal3. Anshu Aggarwal4. Arnav Aggarwal

Company Background

Indogulf Cropsciences Limited, established in 1993, is an Indian company involved in the production of crop protection products, plant nutrients, and biologicals. In 2019, it began manufacturing Spiromesifen technical with 96.5% purity and became one of the first local producers of Pyrazosulfuron Ethyl technical with 97% purity. The company operates four man...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-24)₹466.31 Cr
Growth-4.9%
Revenue Trend (₹ in Crores)
0.0213.1426.1639.2Mar-22Mar-23Mar-24Dec-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-24466.3121.68597.81206.30
Mar-24555.7928.23542.25154.56
Mar-23552.1922.42517.51189.22
Mar-22490.2326.36413.59101.38

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-245.18.17%12.96%00
Mar-241212.19%18.82%00
Mar-239.5311.03%17.77%00
Mar-2211.2114.60%20.26%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
01 Jul 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Jul 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Jul 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Jul 2025Trading commences on exchange

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Prospectus & Official Filings

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About Indogulf Cropsciences IPO

Complete issue overview for Indogulf Cropsciences (IGCL) IPO. The issue features an equity share price band of ₹105 – ₹111 per share with a minimum retail lot size of 135 Shares (minimum application amount of ₹14,985). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions