Markets / IPO / Indogulf Cropsciences

Indogulf Cropsciences IPO

Updated 17:56

Mainboard IPO on NSE and BSE · Pesticides & Agrochemicals

Status

Listed

Price band

₹105–111

Lot size

135 shares · ₹14,985

Subscribed

25.98×

How it listed

Issue price

₹111

Listing price (open)

₹111.00 0.00%

First-day close

₹110.35 -0.59%

Price now

₹61.26 -44.81%

Listing day	3 Jul 2025
Open / high / low / close	₹111.00 / ₹113.00 / ₹106.00 / ₹110.35
Shares traded on NSE	52,40,704
Market value at the listing-day close	₹698 cr

Closing prices since listing: 26 Oct ₹57.13, 27 Oct ₹56.72, 28 Oct ₹59.26, 29 Oct ₹58.54, 30 Oct ₹61.84, 2 Nov ₹61.63, 3 Nov ₹62.07, 4 Nov ₹61.99, 5 Nov ₹62.90, 6 Nov ₹61.10.

Indogulf Cropsciences share price, live chart and technicals →

Key dates

Bidding opens	26 Jun 2025
Bidding closes	30 Jun 2025
Allotment	1 Jul 2025
Refunds and shares in demat	2 Jul 2025
Listing	3 Jul 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	52,43,242	28.18%	–
Institutions (QIB)	35,92,277	19.30%	–
HNI / NII	27,40,541	14.73%	–
HNI, above ₹10 lakh	18,27,028	9.82%	201
HNI, ₹2–10 lakh	9,13,513	4.91%	483
Retail	63,94,595	34.36%	47,367
Employees	6,38,297	3.43%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	135	₹14,985
Retail (maximum)	13	1,755	₹1,94,805
Small HNI (minimum)	14	1,890	₹2,09,790
Small HNI (maximum)	66	8,910	₹9,89,010
Big HNI (minimum)	67	9,045	₹10,03,995

At ₹111 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 15

Retail allotments available

47,367 × one lot

Retail portion subscribed

14.78×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	35,92,277	11,94,79,455	33.26×
HNI / NII	27,40,541	13,26,08,745	48.39×
HNI, above ₹10 lakh	18,27,028	9,39,28,140	51.41×
HNI, ₹2–10 lakh	9,13,513	3,86,80,605	42.34×
Retail	63,94,595	9,44,84,880	14.78×
Employees	6,38,297	6,93,225	1.09×
Total	1,33,65,710	34,72,66,305	25.98×

NSE and BSE bids together, as of 30 Jun 2025 19:00.

Demand at each price

Top price ₹111	2,638.07 lakh shares	75.9%
Cut-off final price, whatever it is; mostly retail	832.08 lakh shares	24.0%
Lower prices ₹105–110	3.68 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	25 Jun 2025
Anchor shares	52,43,242
Raised from anchors	₹58.20 cr
Lock-in ends for the first 50% (30 days)	30 Jul 2025
Lock-in ends for the remaining 50% (90 days)	28 Sept 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹702 cr	₹387 cr
P/E (last 12 months' profit)	16.1	8.9

Revenue, last 12 months	₹691 cr
Profit, last 12 months	₹44 cr
Return on equity	8.9%
Debt to equity	0.43

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Pesticides & Agrochemicals

Company	Listed	Subscribed	On listing	Since IPO
GSP Crop Science	24 Mar	1.61×	+2.50%	+33.91%
Advance Agrolife	8 Oct	56.85×	+14.00%	+19.81%

IPO details

Price band	₹105–111
Final issue price	₹111
Lot size	135 shares
Minimum investment	₹14,985 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Pesticides & Agrochemicals
Issue size	₹200.00 crore (about 1.80 crore shares) · Fresh issue + offer for sale: fresh ₹160.00 cr, offer for sale ₹40.00 cr
ISIN	INE05J901018
Registrar	Bigshare Services Private Limited Helpline: +91 22 6263 8200, ipo@bigshareonline.com
Lead managers	Systematix Corporate Services Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 1 Jul 2025. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Indogulf Cropsciences IPO price band and lot size?

The price band is ₹105–111 per share, and one lot is 135 shares (₹14,985 at the upper price).

When is the Indogulf Cropsciences IPO allotment date?

Allotment was finalised on 1 Jul 2025, the next working day after bidding closed on 30 Jun 2025.

How many times was the Indogulf Cropsciences IPO subscribed?

In total 25.98 times, on NSE and BSE together; retail 14.78 times.

What is the Indogulf Cropsciences IPO listing date?

It listed on 3 Jul 2025 on NSE and BSE.

What is the chance of getting Indogulf Cropsciences IPO shares?

At least 1 in 15 retail applicants got the minimum lot: 47,367 retail allotments with the retail portion subscribed 14.78 times. Winners are picked by lottery.

When does the Indogulf Cropsciences anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 30 Jul 2025 and the 90-day lock-in on the rest ends on 28 Sept 2025; they can sell from the next trading day.

What was the Indogulf Cropsciences listing gain?

It opened at ₹111.00 against an issue price of ₹111, a gain of 0.00%. It is now down 44.81% from the issue price.