Indogulf Cropsciences Limited, a leading agrochemical manufacturer, is set to launch its IPO on June 26, 2025, aiming to raise ₹200 crore through a combination of fresh issue and offer-for-sale. With a diverse product portfolio and a growing international presence, this IPO is gaining significant traction among investors.
IPO Details
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IPO Opening Date: June 26, 2025
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IPO Closing Date: June 30, 2025
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Price Band: ₹105 – ₹111 per share
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Lot Size: 135 shares
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Minimum Investment: ₹14,985
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Issue Size: ₹200 crore
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Fresh Issue: ₹160 crore
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Offer-for-Sale: ₹40 crore
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Listing Date: July 3, 2025 (BSE & NSE)
🔹 Grey Market Premium (GMP)
As of now, Indogulf Cropsciences IPO GMP is not officially available. However, market watchers expect activity to rise closer to the listing date. A premium in the grey market usually indicates strong investor demand and potential listing gains.
Allotment and Listing Timeline
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Basis of Allotment: July 1, 2025
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Refunds Initiated: July 2, 2025
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Shares Credited to Demat: July 2, 2025
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IPO Listing Date: July 3, 2025
Investors can check their IPO allotment status online through the registrar’s website or broker platforms using PAN or application number.
Company Financial Snapshot
| Year | Revenue (₹ Cr) | PAT (₹ Cr) |
|---|---|---|
| FY23 | 571 | 22.9 |
| FY24 | 576 | 32.3 |
| 9M FY24 | 464 | 21.7 |
The company has shown steady revenue growth and a notable rise in profit margins, indicating improved operational efficiency.
Use of IPO Proceeds
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₹65 crore for working capital
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₹34.1 crore for debt repayment
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₹14 crore for new manufacturing facilities
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Remaining for general corporate purposes
Should You Invest?
Pros:
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Strong presence in domestic and export markets
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Focused fund utilization for growth and debt reduction
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Diversified agrochemical product line
Risks:
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Dependence on agro-industry cycles
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Regulatory challenges in chemical exports
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Modest revenue growth rate
Conclusion
The Indogulf Cropsciences IPO offers a balanced opportunity for investors seeking exposure to India’s agricultural input sector. While GMP trends are awaited, its strong fundamentals, prudent capital allocation, and export potential make it a compelling IPO to consider.
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