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Indogulf Cropsciences IPO

Open 26th Jun 2025 · Close 30th Jun 2025 · Listing 3rd Jul 2025

Price Band₹105.00–₹111.00
Live GMP₹18.00
Subscription27.17×
Issue Size₹200.41 Cr
Allotment1st Jul 2025

At a glance

Updated 2026-08-24

Indogulf Cropsciences is a Mainboard IPO with an issue size of ₹200.41 crore, proposed for listing on BSE, NSE. The offer opens on 26th Jun 2025 and closes on 30th Jun 2025. The issue structure includes a fresh issue of ₹160.46 crore and an offer-for-sale component of ₹39.95 crore. The current listing schedule points to 3rd Jul 2025.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹200.41 Cr
Fresh issue₹160.46 Cr
Offer for sale₹39.95 Cr
Face value₹10
Price band₹105.00–₹111.00
Allotment1st Jul 2025
Listing3rd Jul 2025

Grey market

GMP page ↗
Latest GMP₹18.00
GMP / upper price16.22%
Est. listing₹129.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens26th Jun 2025
Closes30th Jun 2025
Allotment1st Jul 2025
Refund2nd Jul 2025
Demat2nd Jul 2025
Listing3rd Jul 2025

Subscription demand

Full bidding ↗
Total27.17×

Lot size

InvestorLotsSharesAmount
Minimum Bid1135₹14,985

Company

Incorporated1993

Use of proceeds

ObjectAmount
Funding working capital requirements of the Company₹65.00 Cr
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company₹34.12 Cr
Capital expenditure of the Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana₹14.00 Cr
General Corporate Purposes₹27.85 Cr
Issue Expenses₹23.78 Cr
Total₹164.74 Cr

31 Mar 2022

Assets413.59
Total Income490.23
EBITDA47.24
Profit After Tax26.36
NET Worth180.51
Reserves and Surplus156.87
Total Borrowing101.38

31 Mar 2023

Assets517.51
Total Income552.19
EBITDA49.04
Profit After Tax22.42
NET Worth203.25
Reserves and Surplus179.60
Total Borrowing189.22

31 Mar 2024

Assets542.25
Total Income555.79
EBITDA55.74
Profit After Tax28.23
NET Worth231.65
Reserves and Surplus208.01
Total Borrowing154.56

31 Dec 2024

Assets597.81
Total Income466.31
EBITDA44.78
Profit After Tax21.68
NET Worth265.43
Reserves and Surplus216.64
Total Borrowing206.30
Trend chart₹ crore

KPIs

KPIMar 31, 2024
ROE12.2%
ROCE11.93%
Debt / Equity0.67%
RoNW12.19%
PAT Margin5.11%
EBITDA Margin10.09%
Price to Book Value1.13

Valuation & shareholding

Pre-IPO EPS5.79
Post-IPO EPS4.57
Pre-IPO P/E19.18
Post-IPO P/E24.27
Promoter holding pre96.86%
Promoter holding post68%
Market cap₹701.54 Cr.

Issue expenses

ExpenseAmount
Funding working capital requirements of the Company₹65.00 Cr
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company₹34.12 Cr
Capital expenditure of the Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana₹14.00 Cr
General Corporate Purposes₹27.85 Cr
Issue Expenses₹23.78 Cr
Total₹164.74 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Systematix Corporate Services Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.