India Pesticides is a R&D driven agro-substance creator of Technical with a making Formulations business. It is one of the fastest creating Agro-engineered intensifies associations to the extent volume of Technical made. It recorded 37.17% year-on-year development in Technical fabricating (by volume) between Fiscal 2020 and Fiscal 2021, arriving at over 75% plant working rate. The organization fabricated 15,003 MT of Technical in FY2021.
The organization is the sole Indian maker of five Technical and among the main makers around the world for Captan, Folpet and Thiocarbamate Herbicide, as far as creation limit. Since beginning tasks in 1984, it has enhanced into assembling herbicide and fungicide Technical and dynamic drug fixings (APIs). It likewise makes herbicide, insect poison and fungicide Formulations.
The organization’s R&D endeavors have prompted improvement of cycles to make three conventional off-patent Technicals since Fiscal 2018 and it is right now during the time spent creating measures for specific Technical, including two fungicides, two herbicides, two insect sprays and two intermediates.
Its Technical items are principally sent out while homegrown business sectors are the objective for Formulations items. Fares contributed 56.71% of its income from tasks in FY2021. Its Technical are traded to more than 25 nations remembering Australia and different nations for North and South America, Europe, Asia and Africa.
Subscription Dates | 23 – 25 June 2021 |
Price Band | INR290 – 296 per share |
Fresh issue | INR100 crore |
Offer For Sale | INR700 crore |
Total IPO size | INR800 crore |
Minimum bid (lot size) | 50 shares |
Face Value | INR1 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2019 | FY2020 | FY2021 | |
Revenue | 346.0 | 489.7 | 655.4 |
Expenses | 284.9 | 396.4 | 475.4 |
Comprehensive income | 43.9 | 70.6 | 134.9 |
Margin (%) | 12.7 | 14.4 | 20.6 |
Earnings Per Share (EPS): INR12.07
Price/Earnings (PE ratio): 24.02 – 24.52
Return on Net Worth (RONW): 34.54%
Net Asset Value (NAV): INR34.94 per share
Date | GMP (in Rs) | Subject to Sauda | Kostak (in Rs) |
04 July 2021 | 55 | 2700 | 600 |
03 July 2021 | 52 | 1800 | 500 |
02 July 2021 | 48 | 1200 | 600 |
01 July 2021 | 56 | 3500 | 500 |
30 June 2021 | 54 | 1500 | 500 |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
India Pesticides Limited | Jul 05, 2021 | 296 | 343.15 | 15.93 |
NSE : IPL
BSE : 543311ISIN
CODE : INE0D6701023
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IPO Opening Date: 23 June 2021
IPO Closing Date: 25 June 2021
Finalisation of Basis of Allotment: 30 June 2021
Initiation of refunds: 1 July 2021
Transfer of shares to demat accounts: 2 July 2021
Listing Date: 5 July 2021
Opening Price on NSE: INR350 per share (up 18.24% from IPO price)
Closing Price on NSE: Coming soon
India Pesticides Limited
Swarup Cold Storage Compound,
Water Works Road, Aishbagh,
Lucknow 226 004, Uttar Pradesh
Phone: +91 0522 2653602
Email: investor@indiapesticideslimited.com
Website: www.indiapesticideslimited.com
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli,
Nanakramguda, Hyderabad – 500 032,
Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 55,17,241 | 0.00 | 2.31 | 42.95 |
NII | 41,37,931 | 0.19 | 0.91 | 51.87 |
Retail | 96,55,173 | 2.50 | 5.87 | 11.31 |
Total | 1,93,10,345 | 1.29 | 3.79 | 29.04 |
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 initial public offering (IPO) begins on Jun 23, 2021 and ends on Jun 25, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The India Pesticides IPO opens on Jun 23, 2021 and closes on Jun 25, 2021.
India Pesticides IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.
India Pesticides IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The 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.
The India Pesticides IPO listing date is on Monday, July 5, 2021.
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