# Everything you need to know about Indogulf Cropsciences IPO

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-indogulf-cropsciences-ipo/183549
**Category:** General
**Created:** [June 23, 2025, 11:23am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-indogulf-cropsciences-ipo/183549 "2025-06-23T11:23:31Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![Shruthi](https://tradingqna.com/user_avatar/tradingqna.com/shruthi/32/45458_2.png) [@Shruthi](https://tradingqna.com/u/Shruthi)
#### Post date: [June 23, 2025, 11:23am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-indogulf-cropsciences-ipo/183549/1 "2025-06-23T11:23:31Z")

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### About

Indogulf Cropsciences, established in 1993 and headquartered in New Delhi is a prominent agrochemical company specializing in the manufacturing and distribution of crop protection products, plant nutrients, and biologicals. The company offers a diverse portfolio of over 400 products, including insecticides, herbicides, fungicides, and plant growth regulators, catering to both domestic and international markets across more than 34 countries. With a strong emphasis on research and development, Indogulf has pioneered the indigenous production of technical-grade pesticides like Spiromesifen and Pyrazosulfuron Ethyl in India. Recognized as a “Two-Star Export House” by the Government of India, the company continues to expand its global footprint while promoting sustainable agricultural practices.

### IPO schedule

| Issue open date | 2025-06-26 |
| --- | --- |
| Issue close date | 2025-06-30 |
| UPI mandate deadline | 2025-06-30 (5 PM) |
| Allotment finalization | 2025-07-01 |
| Refund initiation | 2025-07-02 |
| Share credit | 2025-07-02 |
| Listing date | 2025-07-03 |
| Mandate end date | 2025-07-15 |
| Lock-in end date for anchor investors (50%) | 2025-07-31 |
| Lock-in end date for anchor investors (remaining) | 2025-09-29 |

### Financials

| **Financial Year Ended** | **March 2022** | **March 2023** | **March 2024** | **December 2024** |
| --- | --- | --- | --- | --- |
| Total Assets | 597.81 | 542.25 | 517.51 | 413.59 |
| Revenue | 466.31 | 555.79 | 552.19 | 490.23 |
| Profit After Tax | 21.68 | 28.23 | 22.42 | 26.36 |
| Net Worth | 265.43 | 231.65 | 203.25 | 180.51 |

\*All figures are in ₹ Crores.

### Issue size

| **Funds Raised in the IPO** | **Amount** |
| --- | --- |
| Overall | ₹200 crores |
| Fresh Issue | ₹160 crores |
| Offer for sale | ₹40 crores |

### Utilisation of proceeds

| **Purpose** | **INR crores (%)** |
| --- | --- |
| Funding working capital requirements of the Company | 65 (40.63%) |
| Repayment/prepayment of certain borrowings | 34.12 (21.33%) |
| Capital expenditure for setting up a dry flowable (DF) plant | 14 (8.75%) |
| General corporate purposes | 46.88 (29.29%) |

### Strengths

- Among India’s few manufacturers of Pyrazosulfuron Ethyl with 97% purity.
- Recognized as a Two Star Export House, exporting to 34+ countries.
- Integrated operations with technical, formulation, and fertilizer plants across four locations.
- Consistent financial performance with stable operating and net profit margins over FY22–FY24.
- Strong R&D backed by NABL-certified lab and six granted patents since FY19.

### Risks

- Dependent on regulatory approvals for manufacturing and marketing agrochemicals.
- Raw material cost volatility could impact profitability.
- Working capital intensive operations with moderate debt levels.
- Export risks including currency fluctuations and compliance with international norms.
- Any lapses in quality control can lead to order cancellations and litigation.

### Allotment Status for Indogulf Cropsciences

To check your allotment status -[click here](https://www.bigshareonline.com/ipo_allotment.html).