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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the India Pesticides Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹296
Per ShareLot Size
50 Shares
Minimum Investment
₹14,800
Issue Size
₹800 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
46.97%
Issue Type
Book Building
ISIN
INE0D6701023
India Pesticides Limited is an R&D driven agro-chemical manufacturer of Technicals with a growing Formulations business. It is one of the fastest growing agro-chemicals company in terms of volume of Technicals manufactured. It has recorded 37.17% year-on-year growth in Technicals manufacturing (by volume) between Fiscal 2020 and Fiscal 2021, reaching more than 75% plant operating rate. The Company manufactured 15,003 MT of Technicals in Fiscal 2021. It is the sole Indian manufacturer of five Technicals and among the leading manufacturers globally for Captan. Folpet and Thiocarbamate Herbicide, in terms of production capacity.
India crop protection chemicals exports are projected to grow to approximately 55% in 2024, in terms of value. In 2024, exports are expected to grow to US $ 3.1 billion contributing 55% of total domestic production which is expected to be valued at US $ 5.7 billion. Further, approximately 19 Technicals are expected to go off-patent between 2019 and 2026 and an opportunity size of over US$ 4.2 billion is expected due to this by 2026.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial Public Offer of 27,027,026* equity shares of face value of Re.1 each ("equity shares") of India Pesticides Limited ("company" or "issuer") for cash at a price of Rs.296 per equity share (including a share premium of Rs.295 per equity share) aggregating up to Rs.800 Crores (the "offer") comprising a fresh issue of 3,378,378* equity shares aggregating up to Rs.100 Crores (the "fresh issue") and an offer for sale of 23,648,648* equity shares, including 9,506,758* equity shares aggregating up to Rs.281.4 Crores by Anand Swarup Agarwal (the "promoter selling shareholder") and 14,141,890* equity shares aggregating up to Rs.418.6 Crores, by the other selling shareholders (as defined hereafter, and collectively with the promoter selling shareholder, referred to as the "selling shareholders", and such equity shares, the "offered shares") aggregating up to Rs.700 Crores (the "offer for sale"). The offer shall constitute 23.47% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Re.1 each. The offer price is Rs.296 per equity share and is 296 times the face value of the equity shares. *Subject to finalisation of Basis of Allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
India Pesticides Limited was originally incorporated as `India Pesticides Private Limited', a private limited company at Bareilly, Uttar Pradesh under the Companies Act, 1956 on December 13, 1984 and was granted a certificate of incorporation by the Registrar of Companies, Uttar Pradesh at Kanpur. Subsequently, pursuant to a deed of dissolution dated June 30, 1987, the Company acquired the entire rights and liabilities of `India Pesticides' a partnership firm formed under the Indian Partnership Act, 1932, where the Company was one of the partners at the time of dissolution of the firm. With effect from March 31, 1993, the Company became a deemed public company under Section 43A(1A) of the Companies Act, 1956, the word `Private' was removed from the name of the Company and the certificate of incorporation of the Company was endorsed by the Registrar of Companies, Uttar Pradesh at Kanpur to that effect. Subsequently, pursuant to a special resolution passed by the Shareholders of the Company in its annual general meeting on September 30, 2002, the Company was converted into a public limited company. A fresh certificate of incorporation dated April 24, 2003 consequent upon conversion into a public limited company under the Companies Act, 1956 was issued to the Company by the Registrar of Companies, Uttar Pradesh and Uttaranchal at Kanpur.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.