India Pesticides IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 23 Jun 2021 - 25 Jun 2021
Issue Size ₹800.00 Cr
Issue Price ₹290-296
Market Lot 50 Shares
Shares on Offer
Registrar KFintech
GMP ₹40-45
Kostak ₹200-250
Subject to Sauda ₹1200-1500
Listing Date 05 Jul 2021
Listing Price ₹360
Listing Gain% 21.62

About India Pesticides Limited

India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, pioneered the manufacturing since 1984. They were among the fastest growing agro-chemical companies in India in terms of volume in Fiscal 2020. They are also the sole Indian manufacturer and among top five manufacturers globally for several Technicals, such as, Folpet, Thiocarbamate Herbicide etc.

Since commencing their operations in 1984, they have diversified into manufacturing herbicide and fungicide Technicals and active pharmaceutical ingredients (“APIs”). Their ranges of quality products and value-added services make us to be a strategic supplier. They have a strategic focus on R&D and their R&D capabilities include two well-equipped in-house laboratories registered with the DSIR. Their efforts are led by a dedicated R&D team that comprises PhDs, Masters Graduates in Chemistry and Biotechnological Engineers.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 5,170.80 3,657.02 3,172.37
Total Revenue (In ₹ Millions) 6,553.77 4,897.27 3,460.42
Profit After Tax (PAT) (In ₹ Millions) 1,345.32 707.99 439.21

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Weakness

India Pesticides Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 23 Jun 2021 0.00 0.19 2.51 1.29
Day 2 - 24 Jun 2021 2.31 0.91 5.88 3.79
Day 3 - 25 Jun 2021 42.95 51.88 11.30 29.04

Allotment Status

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IPO Allotment Status

India Pesticides Limited IPO FAQs

  1. When will India Pesticides Limited IPO open?

    India Pesticides Limited IPO will open on 23 Jun 2021 and close on 25 Jun 2021.

  2. What is the listing date of India Pesticides Limited IPO?

    India Pesticides Limited IPO will list on 05 Jul 2021.

  3. What is the offer price of India Pesticides Limited IPO?

    The offer price of India Pesticides Limited IPO is ₹290-296.

  4. What is the lot size of India Pesticides Limited IPO?

    The lot size of India Pesticides Limited IPO is 50.

  5. What is the Grey Market Premium (GMP) price of India Pesticides Limited IPO?

    The Grey Market Premium (GMP) price of India Pesticides Limited IPO is ₹40-45.

  6. What is the Kostak price of India Pesticides Limited IPO?

    The Kostak price of India Pesticides Limited IPO is ₹200-250.

  7. What is the Subject to Sauda price for India Pesticides Limited IPO?

    The Subject to Sauda price for India Pesticides Limited IPO is ₹1200-1500.

India Pesticides Limited IPO Review/Comments

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