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Indogulf Cropsciences Ipo


Objects of the Issue

  • Funding working capital requirements of our Company

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company

  • Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana

  • General corporate purposes

Indogulf Cropsciences IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

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  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Systematix Corporate Services Limited

Application Lot Size Shares Amount
Retail Minimum 1 135 ₹14,985
Retail Maximum 13 1755 ₹1,94,805
S-HNI Minimum 14 1,890 ₹2,09,790
B-HNI Minimum 67 9,045 ₹10,03,995

IPO Open Date: June 26, 2025
IPO Close Date: June 30, 2025
Basis of Allotment: July 1, 2025
Refunds: July 2, 2025
Credit to Demat Account: July 2, 2025
IPO Listing Date: July 3, 2025

Period Ended Revenue Expense Profit After Tax Assets
2022 ₹490.23 ₹454.68 ₹26.36 ₹413.59
2023 ₹552.19 ₹522.04 ₹22.42 ₹517.51
2024 ₹555.79 ₹516.08 ₹28.23 ₹542.25
Dec 2024 ₹466.31 ₹438.26 ₹21.68 ₹597.81

KPI Values
ROE: 12.19%
ROCE: 11.93%
EBITDA Margin: 10.09%
PAT Margin: 5.11%
Debt to equity ratio: 0.67
Earning Per Share (EPS): ₹12.00 (Basic)
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 12.19%
Net Asset Value (NAV): ₹97.98

Company EPS PE Ratio RoNW % NAV Income
Aries Agro Ltd 14.94 17.47 7.07 200.20 516.46 Cr.
Basant Agro Tech India Ltd 0.43 44.58 2.27 19.22 404.75 Cr.
Best Agrolife Ltd 44.94 12.23 16.42 273.64 1873.32 Cr.
Bhagiradha Chemicals & Industries Ltd 17.50 101.81 4.40 397.59 407.65 Cr.
Heranba Industries Ltd 8.72 35.34 4.04 213.19 1257.07 Cr.
India Pesticides Ltd 5.24 41.62 72.90 7.17 680.41 Cr.
Dharmaj Crop Guard Ltd 13.13 18.02 12.35 106.33 654.10 Cr.

IPO Open Date: June 26, 2025
IPO Close Date: June 30, 2025
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹105 to ₹111 Per Share
Issue Size: Approx ₹200 Crores
Fresh Issue: Approx ₹160 Crores
Offer for Sale: Approx 36,03,603 Equity Shares
Issue Type: Book Built Issue
IPO Listing: BSE & NSE
Retail Quota: Not more than 35%
QIB Quota: Not more than 50%
NII Quota: Not more than 15%
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