India Pesticides IPO Price Band, Market Lot, Allotment & Listing date details

India Pesticides IPO open in the market for Subscription as on 23 June 2021 and closes on 25 June 2021. The company plan to raise Rs. 800 crores via initial public offer with price band of Rs. 290 to 296 per equity share.

About India Pesticides
India Pesticides Limited is one of the globally operating agro-chemical manufactures in India, pioneered the manufacturing since 1984. We were among the fastest growing agro-chemical companies in India in terms of volume in Fiscal 2020. We are also the sole Indian manufacturer and among top five manufacturers globally for several Technicals, such as, Folpet, Thiocarbamate Herbicide etc.

Since commencing our operations in 1984, we have diversified into manufacturing herbicide and fungicide Technicals and active pharmaceutical ingredients (“APIs”). Our ranges of quality products and value-added services make us to be a strategic supplier. We have a strategic focus on R&D and our R&D capabilities include two well-equipped in-house laboratories registered with the DSIR. Our efforts are led by a dedicated R&D team that comprises PhDs, Masters Graduates in Chemistry and Biotechnological Engineers.

The company operates in two business verticals; 1 Technicals and 2. Formulations. It manufactures herbicide, fungicide Technicals, and Active Pharmaceuticals Ingredients (APIs). It is the sole Indian manufacturer of several Technicals i.e. Folpet, Thiocarbamate, and Herbicide. The company also manufactures 30+ formulations of insecticides, fungicides, and herbicides.

Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. However, agrochemical formulations are primarily sold to domestic crop protection manufacturers i.e. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd. There are two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India with an installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.

Company Promoters:
Anand Swarup Agarwal and the ASA Family Trust are the company promoters.

India Pesticides IPO Date & Price Band, Market Lot, Allotment & Listing details:

IPO Open	23th June 2021
IPO Close	25th June 2021
IPO Size	Rs.800 Crores
Fresh Issue	Rs.100 Crores
Offer for Sale	Rs.700 Crores
Face Value	Rs.1 Per Equity Share
Price Band	Rs.290 to Rs.296 Per Share
Listing on	BSE & NSE
Retail Quota	35%
Employee Disc	Rs. - per share
Equity	- Shares
Minimum Lot Size	Minimum - 50 Shares - 1 Lots
Minimum Amount	Rs. 14,800/-
Maximum Lot Size	Maximum – 650 Shares – 13 Lots
Maximum Amount	Rs.1,92,400/-
Basis of Allotment	30th June 2021
Refunds	01st July 2021
Credit to Demat Account	02nd July 2021
Listing Date	05th July 2021

Company Financials Audited Report Details :

Summary of financial Information (Restated Consolidated)

Rs. in Crores
	Revenue	Expense	PAT	Ratio(%)	EPS
2019	Rs.346.0	Rs.284.9	Rs.43.92	12.69%	3.94
2020	Rs.489.7	Rs.396.4	Rs.70.80	14.46%	6.35
2021	Rs.655.4	Rs.475.4	Rs.134.53	20.53%	12.07

Objectives of the IPO:
The Net proceeds of IPO will be utilized for the following purposes;

• To finance the working capital requirements of the company.
• To meet general corporate purposes

Company Contact Information
India Pesticides Limited
35-A, Civil Lines
Bareilly 243 001,
Phone: +91 05812567459
Email: investor@indiapesticideslimited.com
Website: https:/www.indiapesticideslimited.com/

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/

FAQs on India Pesticides IPO
When India Pesticides IPO will open for retail Investors?
The IPO is to open for subscription on 23th June 2021 for all type Investors.

What is India Pesticides IPO Investors Quota?
The investors' Quota for QIB 50%, NII 15%, and Retail 35%.

What is India Pesticides IPO Size for retail?
India Pesticides IPO size is Rs.800 crores and for retail is Rs.280 crores.

What is India Pesticides IPO offer Price ?
India Pesticides IPO offer Price is Rs.290 to Rs.296.

What is India Pesticides IPO Minimum Lot Size?
The minimum order quantity is 50 Shares with Rs.14,800.

What is India Pesticides IPO Allotment Date?
India Pesticides IPO allotment date is 30 June 2021.

What is India Pesticides IPO Listing Date?
India Pesticides IPO listing on NSE & BSEas on 5th July 2021.