Insecticides India Ltd IPO (Insecticides IPO) Detail

May 7, 2007 - May 11, 2007

Insecticides India Limited (IILTD) is in the business of manufacturing and distribution of formulations of plant protection chemicals and house hold pesticides. Insecticides product range includes more than 80 types of insecticides, fungicides, weedicides, herbicides and plant growth regulator for all types of crops and also house hold pesticides. Insecticides largest selling brands are Lethal, Victor, Thimet, Indan 4g and Kaiser.

Insecticides India Limited's manufacturing units are located at Chopanki (Rajasthan) and Samba (Jammu) with a total manufacturing capacity of 60 lacs litres of Emulsifible Concentrate (EC), 2900 MT of Wettable Dispersable Powder (WDP) and 10500 MT of granules per annum.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital
1. To set up a formulation plant in the state of Jammu &Kashmir;
2. To set up a plant for manufacturing Technicals at Bhiwadi, Rajasthan;
3. To set up a research and development facility at Bhiwadi, Rajasthan.

Insecticides IPO Details

IPO Date May 7, 2007 to May 11, 2007
Listing Date Wednesday, May 30, 2007
Face Value ₹10 per share
Price ₹97 to ₹115 per share
Lot Size 60 Shares
Issue Size3,210,000 shares of ₹10
(aggregating up to ₹36.92 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Insecticides IPO Lot Size

The Insecticides IPO lot size is 60 shares. A retail-individual investor can apply for up to 28 lots (1680 shares or ₹193,200).

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,900
Retail (Max) 28 1680 ₹193,200

Insecticides IPO Subscription Status (Bidding Detail)

The Insecticides IPO is subscribed 1.97 times on May 11, 2007 5:00:00 PM. The public issue subscribed 4.49 times in the retail category, 0.32 times in the QIB category, and 1.62 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Insecticides IPO Prospectus

Insecticides IPO Rating

Rating:Rated 3.8 stars
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Insecticides IPO Listing Date

Listing Date Wednesday, May 30, 2007
BSE Script Code 532851
Listing In B1 Group of Securities
ISIN INE070I01018
IPO Price ₹115 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Insecticides India Ltd
Insecticides India Limited,
401-402, Lusa Tower,
Azadpur Commercial Complex, Azadpur, Delhi 11003
Phone: (011) 27679700-04

Insecticides IPO Registrar

Alankit Assignments Ltd

Phone: (011) 4254 1234

Insecticides IPO Review

Insecticides IPO Recommendation Summary

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Insecticides IPO FAQs

Insecticides IPO is a main-board IPO of 3,210,000 equity shares of the face value of ₹10 aggregating up to ₹36.92 Crores. The issue is priced at ₹97 to ₹115 per share. The minimum order quantity is 60 Shares.

The IPO opens on May 7, 2007, and closes on May 11, 2007.

Alankit Assignments Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Insecticides IPO opens on May 7, 2007 and closes on May 11, 2007.

Insecticides IPO lot size is 60 Shares and the minimum order quantity is .

You can apply in Insecticides 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.

The finalization of Basis of Allotment for Insecticides IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Insecticides IPO allotment status.

The Insecticides IPO listing date is on Wednesday, May 30, 2007.
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Insecticides IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



21. TANUSHRI |   Link |Jun 15, 2007 7:53:27 PM
negi, exit this type of stocks or wait untill u get your buy price. if you get it should feel lucky!!!
20. m.s.negi |   Link |Jun 12, 2007 2:41:31 PM
can anyone tell wat r the future prospects of INSECTICIDES india ltd. i had purchased 200 shares @113. and now it has come down @ 89. plzzz tell me should i exit from it or it will rise after sometimes.i m so confused now
19. Analytical |   Link |May 31, 2007 7:16:52 PM
Finally, it is proved to be good IPO. All those applied must have made money.
18. Dinesh M |   Link |May 27, 2007 2:16:15 PM
this is going to be an dream ipo. Mark my words
17. kalpeshfaldu |   Link |May 26, 2007 1:11:41 AM
90 % allotment possible due to overall issue subscribed only 1.97 times. and retail portion was over subscribed 4 times, while that of largest portion going to qib is undersubscribed to only 0.3 times. so at the day of closing of ipop its sure that allotment is atleast 60%. but tragedy happening here is same that has happened in cairn india ltd. ipo in that ipo issue was oversubscribed 1.94 times on the day of closing the ipo . but as most of the people come to know that issue is undersubscibed by qib most of the intelligent people like me withdraw their own application by bouncing their own checks. same thing likely happened here.
16. rahul |   Link |May 25, 2007 5:54:19 PM
when the issue was over subscribed 4.5 times, how come we got 90 percent allotment
any fraud in this?
15. gaurav |   Link |May 25, 2007 11:02:32 AM
check your dp"s on 1 lakh u will get 646 shares if any one know how to check it online please tell
14. hiren soni |   Link |May 24, 2007 10:37:15 PM
what allotment and listing date of this ipo?
13. kalpeshfaldu |   Link |May 19, 2007 1:22:07 AM
hi most of the viewer has write in favour of this ipo;
and they are partly correct.

few reasons.
likely big allotment.
very cheap valuations
stock is availoable at pe of 6 time fy 07 earnings. and rest
of peers trading at a pe multiple of 19-20

some its insecticidal brands are popular and company revenues boosted from this,.

i cant understand why investment advisor are comparing this stock with lowest pe stock in this nagarjuna fertilizers/or hocl.

looks win win deal for those who have invested in ipo

likely gain right on the day of ipo.

on 100000 investment one should get 50000 allotment.
and that 50000 will become 75-79000 right on the listing day.

mic electronics and nitin fire protection who are more favoured stockss likely to have very poor ipo allotment or say allooment on lottery basis even on 1 lakh application. so whats the gain one should understand now.
12. tr |   Link |May 13, 2007 2:01:44 AM
insecticides is big bad ipo.right price is 30 rs for this stock.only retailers have applied and remeber where retailers apply and other like f2 and non retail gets undersubscribed it will surely be half rate.see rachel and dinesh m are same persons as there ip is also same.Dinesh m dont make fool of urself
11. Rachel |   Link |May 12, 2007 1:32:14 PM

you are all set to prove wrong. this is going to be one of the best performing IPO of the year
10. Dinesh M |   Link |May 12, 2007 1:30:45 PM
Dont follow the advise like what Parveen Agarwal has mentioned. share market always tests ur patient and those who lack it should not go for share market. Although it has been a late to tell u. It is going to be an amazing IPO. just mark my words. valutation, Balance sheet, Growth and induistry...... it is giong to make a hot news on listing day. ..................... Remember P. Agarwal
9. Analytical |   Link |May 11, 2007 11:32:45 AM
Dear Krish

Any specific reason for your statement.

8. krish |   Link |May 10, 2007 11:24:39 PM
Insecticides (India) is going to be the biggest flop. Best is to totally avoid the issue. If some of you feel that you have excess money, it is better to give it as charity, than to subscribe to this issue.
7. Analytical |   Link |May 9, 2007 3:52:32 PM
Apply max fr retail, as chances will be less to get it.

Fr Runner
Logically, your point is valid but, now a days everybody applies on last day. See the trend in the other ipos.

6. Praveen Agarwal |   Link |May 9, 2007 12:01:36 PM
Share market mein sala koi kamaya hai aaj tak. Fortis Liya to sala under rate khul gaya. Sardar subah subah CNBC mein aa kar kya bola ki 100 rupya aa gaya rate.
5. runner |   Link |May 8, 2007 6:05:07 AM
See the first days chart in Employees contribution,it is Nil ,If employees does not feel to participate ,then why should we,dont waste you money.

As on Date QIBs Non Institutional Retail (RIIs) Employees Total
Day 1 - 07-May-2007 17:00:00 IST 0.0000 0.0000 0.0056 0.0000 0.00
4. rampa |   Link |May 7, 2007 8:56:05 PM
In this issue getting allottment is possible.
3. Bhatawodekar |   Link |May 7, 2007 7:43:16 PM
Apply Apply Apply will be listed not less than Rs.170
2. Kerry Packer |   Link |May 7, 2007 7:39:39 PM
Attractive stock. Accumulate for supernormal profits. Compare it with its Induustry Peers Like Rallis India, Syngenta, Bayer Cropsicence. Industry Avergage PE multiples of 29 and above. The Stock Priced at 5.7 times. RONW at more than 50%. Go for It