India Pesticides Limited IPO Review, Subscription, Price, Release Date

India Pesticides Limited IPO bidding to start on 23rd June 2021 and to close on 25th June 2021. The company files RHP with SEBI on 17th June 2021. The company aims to raise Rs.800 Crores via Equity shares. The fresh issue of equity shares for sale is Rs.100 Crore. The offer for sale is Rs.281.4 Crore by the promoter Mr. Anand Swarup Agarwal and Rs.418.6 Crore worth shares by other shareholders.

  • About the Company

India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, pioneered the manufacturing since 1984. The company manufactures herbicide and fungicide Technicals and active pharmaceutical ingredients (“APIs”). The company has two plants in India one in Lucknow and one in Hardoi. Both the plants are located in Uttar Pradesh. The company has recorded 37.17 % year-on-year growth between fiscal 2020 and fiscal 2021.

Registered Office
India Pesticides Limited
35-A, Civil Lines
Bareilly 243 00 I
Uttar Pradesh, India
CIN: U24112UPl984PLC006894
Company Registration Number: 006894


Corporate Office
India Pesticides Limited
Swamp Cold Storage Compound
Water Works Road
Aishbagh
Lucknow 226 004
Uttar Pradesh, India

Company Secretary and Compliance Officer
Ajeet Pandey
Swamp Cold Storage Compound
Water Works Road
Aishbagh
Lucknow 226 004
Uttar Pradesh, India
Tel: +91 0522 2653602
E-mail: investor@indiapesticideslimited.com

  • Company Promoters
  1. Mr. Anand Swarup Agarwal
  2. ASA Family Trust
  • Objective to Raise funds

The fund raised by the company through IPO will be used for general corporate purposes.

  • Indian Pesticides Limited IPO Details and Price Band
IPO OPEN23 June 2021
IPO CLOSE25 JUNE 2021
IPO SIZERs.800 Cr.
FRESH ISSUERs.100 Cr.
OFFER FOR SALERs.700 Cr.
Price Band Rs.290 to Rs.296
Face ValueRs.1 Per Equity Share
Lot SizeMinimum 50 Shares(Rs.14,800) Max. 650 Shares(Rs.1,92,400)
  • Indian Pesticides Limited Financial Information
202120202019
Total Assets517 Cr.365 Cr.317 Cr.
Net Worth389.47 Cr.256.83 Cr.187.02 Cr.
Revenue655.37 Cr.489.72 Cr.346.02 Cr.
Profit After Tax134.88 Cr.70.58 Cr.43.87 Cr.
EPS12.076.353.94
NAV34.9423.0516.79
  • Indian Pesticides Limited IPO Listing and Allotment
Allotment Finalisation30 June 2021
Refund1 July 2021
Credit to Demat Account2 July 2021
Listing Date 5 July 2021
  • IPO Subscription Status
As On 24th June 2021
QIB2.31
NII0.91
Retail5.87
Total3.79
  • Book Running Lead Managers

Axis Capital Limited

1st Floor, Axis House,

C-2 Wadia International Centre,

P.B. Marg, Worli,

Mumbai 400025

Maharashtra, India

Tel:+ 91 22 4325 2183

E-mail: ipl.ipo@axiscap.in

Investor grievance e-mail: complaints@axiscap.in

Website: https://www.axiscapital.eo.in/

Contact Person: Mayuri Arya

SEBI Registration Xo: INM0000l2029

JM Financial Limited

7th Floor, energy, Appasaheb Marathe Marg, Prabhadevi,
Mumbai 400025
Tel: +9 I 22 6630 3030
E-mail: indiapesticides.ipo@jmfl.com
Investor grievance e-mail: grievance.ibd@jmfl.com
Website: www.jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration Xo: INM0000I0361

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/

  • Indian Pesticides Limited IPO Investors Portion
QIB50 %
NII15 %
Retail35 %
  • How to apply India Pesticides Limited IPO
  1. Login to your Demat account
  2. Go to the IPO section
  3. Select the India Pesticides Limited IPO
  4. Fill the number of shares(Minimum 1 Lot)
  5. Select the higher cut off price to increase your chances of getting the IPO
  6. Fill your UPI ID
  7. Submit the form
  8. Pay the money by using your UPI ID you filled in the form when requested
  9. You are done

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