India Pesticides Limited IPO price band, GMP, Allotment, listing date and listing price

India Pesticides Limited IPO details (23 – 25 Jun), (Price: 290-296)

India Pesticides Limited IPO price band, GMP, Allotment, listing date and listing price
India Pesticides Limited IPO price band, GMP, Allotment, listing date and listing price

Listing date and Listing Price of India Pesticides Limited IPO:

  1. India Pesticides Limited IPO listed on BSE and NSE exchanges on –
  2. Listing Price of India Pesticides Limited IPO on NSE –
  3. Listing Price of India Pesticides Limited IPO on BSE –

Grey Market premium (GMP) price of India Pesticides Limited IPO :

Grey Market premium (GMP) price of India Pesticides Limited IPO is Rs.60. Grey Market premium (GMP) of India Pesticides Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)

India Pesticides Limited IPO Allotment link status on Kfintech:

Check the allotment status of India Pesticides Limited IPO on these three links given by Kfintech.

  1. India Pesticides Limited IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. India Pesticides Limited IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. India Pesticides Limited IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/

India Pesticides Limited IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.

India Pesticides Limited IPO Allotment link status on Kprism app:

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select India Pesticides Limited IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. The allotment status of India Pesticides Limited IPO, with no. of shares allotted will come.

India Pesticides Limited IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Total No. of times applied
No. of shares offered55,17,24141,37,93196,55,1731,93,10,345
Day 10.0x0.19x2.51x1.29x
Day 22.31x0.91x5.87x3.79x
Day 342.95x51.88x11.30x29.04x
India Pesticides Limited IPO subscription status live

India Pesticides Limited IPO highlights:

India Pesticides Limited IPO bid Opens on 23 June 2021, Monday
India Pesticides Limited IPO bid Closes on25 June 2021, Wednesday
Post issue Modification Period26- June -2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation26- June -2021 (upto 12:00 PM)
Issue type100% Book Building
India Pesticides Limited IPO issue size₹ 800 Cr
Face value of each equity shareRs. 1
India Pesticides Limited IPO Price bandRs.290 to Rs.296 per share
India Pesticides Limited IPO market lot50 equity shares and multiples of 50
India Pesticides Limited IPO minimum order quantity50 equity shares
Pre IPO equity share of promoters of India Pesticides Limited82.68%
Post IPO paid-up equity share of promoters of India Pesticides Limited72%
QIB portion reservation in India Pesticides Limited IPO50 %
NIB portion reservation in India Pesticides Limited IPO15 %
Retail portion reservation in India Pesticides Limited IPO35 %
Retail individual bidder can apply in India Pesticides Limited IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in India Pesticides Limited IPONA
Employees can apply in India Pesticides Limited IPOup to 5 lakh (500,000)
Reservation for employees in India Pesticides Limited IPONA
Discount for employees in India Pesticides Limited IPONA
Listing of India Pesticides Limited at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of India Pesticides LimitedNA
Registrar of India Pesticides Limited IPO issueKfin Technologies Private Limited
India Pesticides Limited IPO highlights

India Pesticides Limited IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of India Pesticides Limited IPO are mentioned below.

India Pesticides Limited IPO opens on23.06.2021
India Pesticides Limited IPO Closes on25.06.2021
Allotment basis date of India Pesticides Limited IPO30.06.2021
Money refund date of India Pesticides Limited IPO01.07.2021
Shares of India Pesticides Limited in Demat Account02.07.2021
India Pesticides Limited IPO listing date on NSE, BSE05.07.2021
India Pesticides Limited IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of India Pesticides Limited IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 800 Crore
Fresh Issue size₹ 100 Crore
Offer for Sale (OFS)₹  700 Crore
Employee Reservation
No. of Equity shares offered of India Pesticides Limited IPO

India Pesticides Limited financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets5,170.803,657.023,172.37
Total Revenue6,553.774,897.273,460.42
Profit After Tax1,345.32707.99439.21
India Pesticides Limited financial statements details

IPO Red Herring Prospectus (RHP) of India Pesticides Limited:

Click here for IPO RHP of India Pesticides Limited on SEBI website.

Objectives of the India Pesticides Limited IPO Issue: (Source – RHP)

The Offer comprises of the Fresh Issue and Offer for Sale.

The Offer for Sale

The proceeds of the Offer for Sale shall be received by the Selling Shareholders. Our Company will not receive any proceeds from the Offer for Sale. For further details of the Offer for Sale, see “The Offer” on page 72.

The Fresh Issue

Our Company proposes to utilise the Net Proceeds towards funding of the following objects:

1. Funding working capital requirements of our Company; and

2. General corporate purposes

Business of India Pesticides Limited: (Source – RHP)

We are an R&D driven agro-chemical manufacturer of Technicals with a growing Formulations business. We are one of the fastest growing agro-chemicals company in terms of volume of Technicals manufactured. We have recorded 37.17% year-onyear growth in Technicals manufacturing (by volume) between Fiscal 2020 and Fiscal 2021, reaching more than 75% plant operating rate. (Source: F&S Reports). Our Company manufactured 15,003 MT of Technicals in Fiscal 2021. We are the sole Indian manufacturer of five Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide, in terms of production capacity (Source: F&S Reports). Since commencing our operations in 1984, we have diversified into manufacturing herbicide and fungicide Technicals and active pharmaceutical ingredients (“APIs”). We also manufacture herbicide, insecticide and fungicide Formulations.

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