India Pesticides Ltd. IPO
India Pesticides Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹296
Issue Price
Listing Price
₹360
Listing Price
Listing Gains
+₹64.00 (+21.62%)
Listing Gains
IPO Details
Bidding Dates
23 Jun - 25 Jun '21
Bidding Dates
Min. Investment
₹14,500
Min. Investment
Lot Size
50.00
Lot Size
Price Range
₹290 - ₹296
Price Range
Issue Size
784 Cr
Issue Size
Subscription Rate
- Retail Individual Investor11.30x
- Non-Institutional Investor51.88x
- Qualified Institutional Buyers42.95x
- Employees0.00x
About Company
Recognized as a leader in the realm of agrochemical manufacturing in India, India Pesticides operates within two arenas. These are technicals and formulations pertaining to fungicides and herbicides. The company presently produces more than 30 formulations. India Pesticides Limited is the only Indian company responsible for producing certain technicals including herbicide, thiocarbamate and folpet. 62 percent of the company’s operational revenues under the technical segment in 2020.
India Pesticides Ltd. IPO Latest News and Subscription Status Today (Live)
India Pesticides Limited IPO details are as follows.
The IPO opened on June 23rd this year and closed two days later, on June 25th.
The market lot size for this IPO amounted to 50 shares, with individual retail investors allowed to apply for up to 13 lots. This meant that, at most, a retail individual investor could hold 650 shares valued at INR 192,400.
India Pesticides Limited IPO share price fell in the range of INR 290 to INR 296 per share.
The issue price of the IPO was worth INR 800 Crores.
Why should you invest in India Pesticides Ltd. IPO?
India Pesticides Limited IPO details indicate that the company is worth investing in owing to it having a consistent track record in terms of its financial performance. Moreover, the company has a strong management team which is most important in terms of being able to adequately handle funds generated via an IPO and making them multiply over time.
The company also has an extensive distribution network indicative of its ability to prosper even more in the future.
India Pesticides Ltd. IPO - SWOT Analysis
Strengths:
As its strengths, India pesticides have the following traits.
It has commendable R&D and product development features.
It has a diversified portfolio made up of obscure as well as quality specialized offerings.
Its manufacturing facilities focus on environment, health and safety.
Weaknesses:
The company requires certain approvals and permits in order to operate and must always ensure that it fulfils the same all the time.
There exist litigation proceedings against the company as well as its directors.
Opportunities:
Funds raised via the IPO will allow India Pesticides Ltd to better funnel resources towards working capital, generic corporate expenses and allow it to focus on growth and expansion.
Threats:
There exists the threat of international regulatory risks and being able to meet the same.
Foreign exchange risks are a threat.
How to apply for India Pesticides Ltd. IPO?
You can apply for the India Pesticides Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an India Pesticides Ltd. click here.
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