India Pesticides Limited IPO (India Pesticides IPO) Detail

Jun 23, 2021 - Jun 25, 2021

Incorporated in 1984, India Pesticides Limited (IPL) is one of the leading agrochemicals manufacturers in India. The company operates in two business verticals; 1 Technicals and 2. Formulations. It manufactures herbicide, fungicide Technicals, and Active Pharmaceuticals Ingredients (APIs). It is the sole Indian manufacturer of several Technicals i.e. Folpet, Thiocarbamate, and Herbicide. The company also manufactures 30+ formulations of insecticides, fungicides, and herbicides.

Its Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. However, agrochemical formulations are primarily sold to domestic crop protection manufacturers i.e. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd.

Currently, the firm has two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India with an installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.

Competitive strengths

  • Among the top 5 global players of Folpet, Thiocarbamate, and Herbicide Technicals.
  • Diversified product portfolio with specialized products.
  • Domestic as well as international market presence.
  • Consistent track record of financial performance.
  • Strong Research & Development (R&D) capabilities.

Company Promoters:

Anand Swarup Agarwal and the ASA Family Trust are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,170.80 3,657.02 3,172.37
Total Revenue 6,553.77 4,897.27 3,460.42
Profit After Tax 1,345.32 707.99 439.21

Objects of the Issue:

  • To fiannce the working capital requirements of the company.
  • To meet general corporate purposes.

India Pesticides IPO Details

IPO Opening DateJun 23, 2021
IPO Closing DateJun 25, 2021
Issue TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price₹290 to ₹296 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹1
(aggregating up to ₹800.00 Cr)
Fresh Issue[.] Eq Shares of ₹1
(aggregating up to ₹100.00 Cr)
Offer for Sale[.] Eq Shares of ₹1
(aggregating up to ₹700.00 Cr)

India Pesticides IPO Tentative Timetable

The India Pesticides IPO open date is Jun 23, 2021, and the close date is Jun 25, 2021. The issue may list on Jul 5, 2021.

IPO Open DateJun 23, 2021
IPO Close DateJun 25, 2021
Basis of Allotment DateJun 30, 2021
Initiation of RefundsJul 1, 2021
Credit of Shares to Demat AccountJul 2, 2021
IPO Listing DateJul 5, 2021

India Pesticides IPO Lot Size

The India Pesticides IPO market lot size is 50 shares. A retail-individual investor can apply for up to 13 lots (650 shares or ₹192,400).

ApplicationLotsSharesAmount (Cut-off)
Minimum150₹14,800
Maximum13650₹192,400

India Pesticides IPO Promoter Holding

Pre Issue Share Holding82.68%
Post Issue Share Holding72%

India Pesticides IPO Subscription Status (Bidding Detail)

The India Pesticides IPO is subscribed 29.04x times on Jun 25, 2021 17:00. The public issue subscribed 11.30x in the retail category, 42.95x in the QIB category, and 51.88x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

42.95x

NII

51.88x

RII

11.30x

Total

29.04x

India Pesticides IPO Prospectus

India Pesticides IPO Rating

1912
4.1
Rating:Rated 4.1 stars

Vote Here ...

India Pesticides IPO Listing Date

Listing DateMonday, July 5, 2021
BSE Script Code543311
NSE SymbolIPL
Listing InB Group of Securities
ISININE0D6701023
IPO Price₹296 per equity share
Face Value₹1 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹296.00
₹360.00
₹340.15
₹368.00
₹343.15
2,122,133
NSE
₹296.00
₹350.00
₹340.05
₹368.00
₹343.15
25,600,715

India Pesticides IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: ipl.ipo@kfintech.com
Website: https://karisma.kfintech.com/

India Pesticides IPO FAQs

  1. What is India Pesticides IPO?

    India Pesticides IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹800.00 Crores. The issue is priced at ₹290 to ₹296 per equity share. The minimum order quantity is 50 Shares.

    The IPO opens on Jun 23, 2021, and closes on Jun 25, 2021.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in India Pesticides IPO through Zerodha?

    Zerodha customers can apply online in India Pesticides IPO using UPI as a payment gateway. Zerodha customers can apply in India Pesticides IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in India Pesticides IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'India Pesticides IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When India Pesticides IPO will open?

    The India Pesticides IPO opens on Jun 23, 2021 and closes on Jun 25, 2021.

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

    India Pesticides IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.

  5. How to apply for India Pesticides IPO?

    You can apply in India Pesticides IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When India Pesticides IPO allotment?

    The finalization of Basis of Allotment for India Pesticides IPO will be done on Jun 30, 2021, and the allotted shares will be credited to your demat account by Jul 2, 2021. Check the India Pesticides IPO allotment status.

  7. When is India Pesticides IPO listing date?

    The India Pesticides IPO listing date is on Monday, July 5, 2021.

India Pesticides IPO Message Board

Ranked Members  Ranked Members

Loading...
428. Monster Zero |Jul 22, 2021 13:44
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
IPL Q1 2022 result''s ( in millions)
Revenue -1740.⬆️ Previous -1351
PAT- 420.22. ⬆️ -267.5
EPS 3.76. ⬆️ - 2.39

https://www.bseindia.com/xml-data/corpfiling/AttachLive/870e841e-0f0c-4ebb-8be0-13250231b5a8.pdf
427. SanIPO |Jul 16, 2021 10:52
New Member New Member
I have 1 lot of IPL. Should I hold it?
426. SSonali |Jul 22, 2021 13:48
New Member New Member
Held it since listing day, finally sold at 360 today.
425. Deepakkumar |Jul 9, 2021 11:04
Right, Many will buy around issue price. So that will be bottom. I am planning to buy around 300 for long.
424. Chalak lomdi |Jul 4, 2021 20:07
Ek secret baat he kisi ko Batana mat khas karke operate ko.... Free ka naffa he mota bhai...

Share ki listing last night Premium se uper ho to samaj lena wo pre open ka jo bhav niklega use nahi todega. Uper hi jayega... Fir pre open ka SL rakh deneka... 🙂 10 mese 9 IPO me yahi hota he..🙂

Baki Moj karo..
424.1. ARSHAH |Jul 7, 2021 16:48
i accept mandates but Status showing on Angel Broking app "Please approve Payment Mandate" amount is also block from account then my bid is successfully done or not valid??
423. Arjun Rajkot |Jul 4, 2021 20:32
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
Gyani Pandits Told
Listing Around 70-90 Rs.

Sell share above 100 Rs Premium in a week Time.

No Hurry No Worry:::::::

GMP 65
422. Adp |Jul 5, 2021 02:50
Koi bhi insan ka Deth ho ja ne ke bad unke pankard se ipo aply kar sakte hai.pls any person reply.
422.1. Chokdi gang |Jul 7, 2021 17:53
Beacuse you big FII player that''s why 🤣
421. niksssssss |Jul 5, 2021 01:53
On Angel broking app ipo price showing as 505.95 .. Is it really? Or just kidding us
421.1. Chalak lomdi |Jul 7, 2021 17:04
Kya tame information to aapo..
Premium kya jaine atakse e janavo to kaik kaam nu mota bhai..🙂
420. KASHISHGABA |Jul 4, 2021 23:53
Anybody wants to sell IPL preipo @350-410 contact me fast 7888-911719 hurry up offer ends monday morning 8 AM no matter how many quantity
420.1. BubbleBoy |Jul 7, 2021 23:01
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
DO NOT EVEN THINK , THIS IS NOT INVESTMENT GRADE STOCK
RIDE THE WAVE
GET OUT IF IT CLOSES 20% FROM ATH ON FRIDAY WEEKLY CLOSING BASIS
420.2. Sabarish R |Jul 8, 2021 09:03
New Member New Member
Sure bro thanks for your advice
419. Sarthak Deshmukh |Jul 4, 2021 23:38
I''ll Buy it in secondary market for intra day if it list above 360
419.2. frenchi |Jul 7, 2021 22:42
@Grow India


sbi bhim pay use karta hu kaafeee time se bro par iss bar mandate to aa hi gaya he lekin accept or reject ka button show nahi kar raha...uske liye kya karu...
419.3. Grow India |Jul 7, 2021 23:14
Abhi kal ka wait karo nahi aatta to dobara apply karna hi option hai.
418. 🔥 IPO CALLING 🔥 |Jul 4, 2021 23:11
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
60 to 80 listing done
Enjoy
417. 🔥 IPO CALLING 🔥 |Jul 4, 2021 21:59
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Zometo 13

Seller 20
416. God is Great |Jul 4, 2021 21:27
अर्जुन भाई सही कह रहे हैं। कोई जल्दी नहीं हैं। ॐ शान्ति। बाबा जाने मन की बात
415. God is Great |Jul 4, 2021 20:19
किसी को कोई शेर लिस्टिंग पे नही बेचना हैं। सभी लोग १०या १५ दीन के बाद बेचेंगे। अभी आइपीओ का ट्रेड change हो गया हैं।qib को या म्यूचुअल फंड को लेना हैं तो लिस्टिंग पे ले लेना HIB वाले तब बेचेंगे। रिटेलर २ वीक के बाद बेचेंगे।👍☺️
414. Kingsmen |Jul 3, 2021 23:41
New Member New Member
Dear expert,

Few questions about IPO pre opening session in mind,

1 how to sell ipo share in pre opening session?
2 witch order I place?
3 if place limit order, witch price enter?

Plz answer
413. My IPO application |Jul 4, 2021 19:23
Would be IPO IPO blast in listing tomorrow???
412. Amol Agarwal |Jul 4, 2021 14:50
New Member New Member
Anyone with Groww account got shares in demat account?
411. Money for value |Jul 4, 2021 15:32
New Member New Member
IPL IPO MY TARGET 450 TOMORROW
410. frenchi |Jul 3, 2021 19:23
Zomoto (Expected)
Ipo Date:- 19.07 to 21.07
Ipo Size :- 9375 Cr
Pre Ipo Allotment - 1500 Cr
Net Ipo Size :- 7875 Cr (7125 New shares +750 Sale By Info Edge)
Ipo Price :- 70/- Per Share
Pre Ipo Equity:- 666.09 Cr Shares Rs 1/- Paid Up
New Shares :- 115.01 Cr
Total Shares After Ipo:- 781.10 Cr Shares
409. 🔥 IPO CALLING 🔥 |Jul 4, 2021 15:04
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
S2 rate 3000 means 60 rs confirmed







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