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India Pesticides Limited

India Pesticides Limited, founded in 1984, is one of India’s leading agrochemical manufacturers, operating in technicals such as herbicides, fungicides, and pharmaceutical ingredients, and formulations including over 30 types of ready-to-use insecticides, fungicides, and herbicides. The company is the only manufacturer in India of certain key technical products like Folpet, Thiocarbamate, and specific herbicides. Its technical products are exported to more than 20 countries across Australia, Asia, Africa, and Europe, accounting for a major share of technical sales, while its formulations are mainly sold within India to established crop protection companies such as Syngenta Asia, UPL, and Sharda Cropchem. India Pesticides operates two manufacturing facilities in Lucknow and Sandila, Uttar Pradesh, with capacities of 19,500 MT for agrochemicals and 6,500 MT for formulations.

₹290 - ₹296Open
Listed Price350.00
Listing Gain+18.24%
TimelineBookbuilding IPO
Open23 Jun 2021
Close25 Jun 2021
Allotment30 Jun 2021
Listing05 Jul 2021

Quota Reservation Portions

QIBPortion: 1,35,13,512 shares
50%
HNIPortion: 40,54,054 shares
15%
RetailPortion: 94,59,460 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 50 shares
₹14,800
sHNI14 lots / 700 shares
₹2,07,200
bHNI68 lots / 3,400 shares
₹10,06,400

About the Company

India Pesticides Limited, founded in 1984, is one of India’s leading agrochemical manufacturers, operating in technicals such as herbicides, fungicides, and pharmaceutical ingredients, and formulations including over 30 types of ready-to-use insecticides, fungicides, and herbicides. The company is the only manufacturer in India of certain key technical products like Folpet, Thiocarbamate, and specific herbicides. Its technical products are exported to more than 20 countries across Australia, Asia, Africa, and Europe, accounting for a major share of technical sales, while its formulations are mainly sold within India to established crop protection companies such as Syngenta Asia, UPL, and Sharda Cropchem. India Pesticides operates two manufacturing facilities in Lucknow and Sandila, Uttar Pradesh, with capacities of 19,500 MT for agrochemicals and 6,500 MT for formulations.

Company Promoters

Anand Swarup AgarwalThe ASA Family Trust