243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Indogulf Cropsciences Limited

New Delhi

Date of DRHP : 25 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Indogulf Cropsciences Basic Details

   Agro

Sub Sector: manufacturing of crop protection products, plant nutrients and biologicals

About the Company

Indogulf Cropsciences engaged in the business of manufacturing of crop protection products, plant nutrients and biologicals in India. M & B Engineering manufacture Spiromesifen technical with the minimum purity of 96.5% in 2019. Indogulf Cropsciences also one of the first few indigenous manufacturers of Pyrazosulfuron Ethyl technical , with the minimum purity of 97% indigenously in India and commenced production in 2018. Indogulf Cropsciences also a growing exporter of crop protection, plant nutrients and biologicals products and M & B Engineering exported their products to over 34 countries. Indogulf Cropsciences have earned the distinction of being a Government of India Recognized ‘Two Star Export House’. M & B Engineering commenced their operations in 1993 and primarily operate under three business verticals namely crop protection, plant nutrients and biologicals, to retail and institutional customers focused on improving the crop yield. Indogulf Cropsciences manufacture and market extensive range of products in all types of available formulations such as water dispersible granules (“WDG”), suspension concentrate (“SC”), capsule suspension (“CS”), ultra low volume (“ULV”), emulsion in water (“EW”), soluble granule (“SG”), flowable suspension (“FS”), etc. which can be in powder, granules and liquid form to their customers. their products are designed to improve crop yield while promoting sustainable agriculture and environmental stewardship.

Financial Summary (Annualised Basis)

Revenue :
555.79 Cr.

PAT :
28.23 Cr.

Indogulf Cropsciences IPO Lead Manager(s)

Systematix Corporate Services Limited

Indogulf Cropsciences IPO Registrar

Big Share Private Limited

Indogulf Cropsciences DRHP Details

Objects of issue

  • Funding working capital requirements of the Company;
  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company;
  • Capital expenditure of their Company for setting up an in-house dry flowable (DF) plant at Barwasni, Sonipat, Haryana
  • General corporate purposes

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FAQs

Indogulf Cropsciences operates in Agro and manufacturing of crop protection products, plant nutrients and biologicals. The Issue would be listed on MainBoard. The registrar of the Issue is Big Share Private Limited. The IPO type of Indogulf Cropsciences is Book Building Process and Object of issue is

  • Funding working capital requirements of the Company;
  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company;
  • Capital expenditure of their Company for setting up an in-house dry flowable (DF) plant at Barwasni, Sonipat, Haryana
  • General corporate purposes

The DRHP (Draft Red Herring Prospectus) of Indogulf Cropsciences IPO was filed on 25 Sep 2024.

No, Indogulf Cropsciences IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Indogulf Cropsciences are not available now. You can apply in Indogulf Cropsciences IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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