Crystal Crop Protection Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Crystal Crop Protection Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹259 - ₹272
Per ShareLot Size
55 Shares
Minimum Investment
₹14,245
Issue Size
₹455.71 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
IPO Opens18 Nov
IPO Closes20 Nov
Basis of Allotment23 Nov
Refund Initiation25 Nov
Shares Credited25 Nov
Crystal Crop Protection Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
80.19%
Promoter Holding (Post-Issue)
71.5%
Issue Type
Book Building
ISIN
INE101P01016
About the Company
Established in 1994, we are a crop solutions company with agrochemicals and seeds at the core of our offerings. Our diversified portfolio includes (i) products for crop protection such as herbicides, fungicides, insecticides and natural crop solutions such as bio-stimulants, bio-protectants, plant growth regulators, liquid fertilizers and micro nutrients; and (ii) seeds such as for field crops, vegetable crops and flowers. Our offerings are customized for Indian farmers through research and development ("R&D") including by collaborations with various multinational companies, delivering relevant solutions that aim to enhance farm economics, yield, productivity and profitability. We operate on a fully integrated model, that integrates robust synthesis R&D in crop protection products and natural crop solutions as well as robust seeds breeding program, with backward-integrated technology enabled manufacturing and pan-India distribution, with a farmer-centric approach.
Industry Overview
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Consolidated figures
Revenue
Amount in ₹ crore
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 16,754,274 equity shares of face value of Rs. 10 each ("Equity Shares") of Crystal Crop Protection Limited (the "Company" or the "Issuer") for cash at a price of Rs. 272 per equity share including a securities premium of Rs. 262 per equity share (the "Offer Price") aggregating up to Rs. 455.72 Crores (the "Offer"). The offer comprises a fresh issue of 13,051,580 equity shares of face value of Rs. 10 by the company aggregating up to Rs. 355 Crores (the "Fresh Issue") and an offer for sale of up to 3,702,694 equity shares of face value of Rs. 10 each aggregating to Rs. 100.71 Crores by Ankur Aggarwal ("Promoter Selling Shareholder") ("Offer for Sale"). The offer includes a reservation of up to 91,911 equity shares of face value of Rs.10, aggregating up to Rs. 2.5.00 Crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company may in consultation with the brlms, offer a discount of Rs. 25 per equity shares to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 259 to Rs. 272 per equity share of face value of Rs. 10 each. The floor price is 25.90 times the face value of the equity shares and the cap price is 27.20 times the face value of the equity shares. Bids can be made for a minimum of 55 equity shares of face value of Rs. 10 each and in multiples of 55 equity shares of face value of Rs. 10 each thereafter. A Discount of Rs. 25 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong R&D capabilities backed by advanced technology infrastructure and collaborations.
- A deep connect with Indian farmers resulting in strong brand equity.
Frequently Asked Questions
01What is the minimum investment required to apply for this IPO?
The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02How is IPO allotment decided?
IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.