Price Band
₹105 - ₹111
Lot Size
135
Issue Size
₹200 Cr
GMP
N/A
Subscription
27.17x
Analyzing...
IPO Schedule
1
Open
26 Jun 2025
2
Close
30 Jun 2025
3
Allotment
-
4
Listing
3 Jul 2025
About Indogulf Cropsciences
Indogulf Cropsciences Limited is an agrochemical company focused on manufacturing, distributing, and marketing a wide range of crop protection products including insecticides, herbicides, fungicides, and plant growth regulators. The company aims to provide solutions for improved crop yield and quality to farmers.
Key Strengths
- Diversified product portfolio catering to various crop protection needs.
- Established distribution network and strong relationships with farmers.
- Experienced management team with a deep understanding of the agrochemical industry.
- Growing demand for crop protection products in the agricultural sector.
- Demonstrated profitability and consistent financial performance.
Risk Factors
- •Dependence on the agricultural sector, which is susceptible to weather conditions and government policies.
- •Exposure to fluctuations in raw material prices and currency exchange rates.
- •Intense competition from established players in the agrochemical industry.
Valuation Analysis
At the upper price band of ₹111, the IPO appears reasonably valued considering the company's P/E ratio of 19.18 and ROE of 12.2%, but investors should carefully assess the risks involved.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE05J901018
NSE SymbolIGCL
Face Value₹10
Lot Size135
Issue Size₹200 Cr
Key Metrics
ROE12.2%
ROCE11.93%
P/E Ratio19.18
Industry P/E20
EPS5.79
PAT Margin5.11%
Debt/Equity0.67
Growth & Quality
ProfitableYes ✓
Subscription
Total0.42x
Imbalance Ratio1.7x
Documents
RHP not available
Key Dates
Open Date26 Jun 2025
Close Date30 Jun 2025
Listing3 Jul 2025