Indogulf Cropsciences IPO: GMP, Price Band, Lot Size, Subscription Dates, Allotment, Listing & Company Details

Indogulf Cropsciences Limited, a prominent player in India's agrochemical industry, has announced the launch of its Initial Public Offering (IPO) to fuel further growth and expansion. The company has set the price band for the IPO in the range of Rs 105 to Rs 111 per equity share, each having a face value of Rs 10.

Indogulf Cropsciences IPO Price Band Per Equity Share

For its IPO, Indogulf Cropsciences has fixed the price band between Rs 105 and Rs 111 per equity share, with a face value of Rs 10 each. At the lower end, the floor price is 10.5 times the face value, while the cap price is 11.1 times. The lot size is set at 135 equity shares, and investors can apply in multiples of 135 shares thereafter.

Indogulf Cropsciences IPO Key Dates: Subscription, Allotment and More

The public issue will open for subscription on Thursday, June 26, 2025 and will close on Monday, June 30, 2025. Ahead of the main offer, anchor investors will be allotted shares on Wednesday, June 25, 2025. To ensure balanced investor participation, the IPO has reserved up to 50% for Qualified Institutional Buyers (QIBs), at least 15% for Non-Institutional Investors (NIIs), and at least 35% for Retail Individual Investors (RIIs).

Following the subscription period, the basis of allotment is expected to be finalised on Tuesday, July 1, 2025. Refunds will be initiated on Wednesday, July 2, with shares being credited to investors' demat accounts the same day. The stock is expected to be listed on both the BSE and NSE on Thursday, July 3, 2025.

About the Company

Founded on innovation and technical expertise, Indogulf Cropsciences has achieved key milestones in agrochemical production. In 2019, it became one of the first Indian companies to manufacture Spiromesifen technical with 96.5% purity and Pyrazosulfuron Ethyl technical with 97% purity-two highly effective and specialised products used in crop protection and weed control.

The company's manufacturing infrastructure spans around 20 acres across four facilities, located in Samba in Jammu & Kashmir, and Nathupur and Barwasni in Haryana. These strategically placed units ensure both scale and quality, allowing Indogulf to meet domestic demand efficiently while maintaining global standards.