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15 Days Price Change

Indogulf Cropscience IPO

Closing In

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Profile
Issue Size 148.36 Cr
Profile
Price Range 105  to  111 per share
Profile
Min Investment ₹111
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are engaged in the business of manufacturing of crop protection products, plant nutrients and biologicals in India. We manufacture Spiromesifen technical with the minimum purity of 96.5% in 2019. We are also one of the first few indigenous manufacturers of Pyrazosulfuron Ethyl technical (Source: CareEdge Report), with the minimum purity of 97% indigenously in India and commenced production in 2018. We are also a growing exporter of crop protection, plant nutrients and biologicals products and we exported our products to over 34 countries. (Source: CareEdge Report) We have earned the distinction of being a Government of India Recognized ‘Two Star Export House’. (Source: CareEdge Report) Read More

Basic Info

Face Value 10 per share

Price 105  to  111 per share

P/E (x) 17.1

Sales( Cr.) 590

PAT( Cr.) 31

EPS 6.5

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Om Prakash Aggarwal Sanjay Aggarwal Anshu Aggarwal Arnav Aggarwal

Pre Issue Share Holding 96.86%

Post Issue Share Holding 69%

Listing Details:

Listing Price: 111

Listing Gain: 0%

Current Price: 58.2

Gain On Issue: 58.2 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jun 26, 2025
Closing Date Jun 30, 2025
Allotment Jul 01, 2025
Refund Jul 02, 2025
Delivery of Shares Jul 02, 2025
Listing Date Jul 03, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 135 14,985
Retail (Max) 13 1755 194,805
S-HNI (Min) 14 1890 209,790
S-HNI (Max) 66 8910 989,010
B-HNI (Min) 67 9045 1,003,995

Objective of the Issue

1. Funding working capital requirements of our Company. 2. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company. 3. Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, Sonipat, Haryana. 4. General corporate purposes (collectively, the “Objects”).

Issue

Category Nos Bid Bid (x)
QIB 3592277 119479455 33.3x
NII 2740541 132608745 48.4x
Retail 6394595 94484880 14.8x
EMP 638297 693225 1.1x
Total 13365710 347266305 26x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Indogulf Cropscience Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 487 550 552 590
Other Income 4 3 5 4
Total Income 491 552 557 595
Total Expenditure 441 501 494 526
Operating Profit 50 51 63 68
Interest 6 12 13 15
Depreciation 9 10 10 11
Exceptional Income / Expenses 0 0 -4 1
Profit Before Tax 36 30 36 45
Provision for Tax 9 8 8 13
Profit After Tax 26 22 28 31
Adjustments 0 0 0 0
Profit After Adjustments 26 22 28 31
Adjusted Earnings Per Share 5.6 4.8 6 6.5

Indogulf Cropscience Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 181 203 232 275
Minority's Interest 0 0 0 0
Borrowings 14 22 19 36
Other Non-Current Liabilities 11 12 11 13
Total Current Liabilities 208 281 281 364
Total Liabilities 414 518 542 688
Fixed Assets 57 69 48 47
Other Non-Current Assets 33 27 42 81
Total Current Assets 323 421 452 559
Total Assets 414 518 542 688

Indogulf Cropscience Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 6 5 4 3
Cash Flow from Operating Activities -7 -57 53 -15
Cash Flow from Investing Activities -10 -19 -5 -40
Cash Flow from Financing Activities 16 75 -49 61
Net Cash Inflow / Outflow -1 -1 -1 7
Closing Cash & Cash Equivalent 5 4 3 10

Indogulf Cropscience Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 5.6 4.77 6 6.45
CEPS(Rs) 7.43 6.81 8.19 8.62
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 38.35 43.18 49.22 56.42
Core EBITDA Margin(%) 9.17 8.59 10.18 10.34
EBIT Margin(%) 8.21 7.37 8.54 9.52
Pre Tax Margin(%) 7.02 5.33 6.29 7.18
PAT Margin (%) 5.19 3.94 4.92 5.07
Cash Profit Margin (%) 6.89 5.63 6.72 6.78
ROA(%) 6.37 4.82 5.33 5.12
ROE(%) 14.61 11.69 12.99 12.42
ROCE(%) 14.78 12.44 12.58 13.4
Receivable days 101.84 102.01 126.61 130.6
Inventory Days 109.17 115.75 128.67 136.73
Payable days 111.02 87.89 95.53 117.33
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.25 0.38 0.32 0.44
EV/Core EBITDA(x) 2.4 4.07 2.78 3.8
Net Sales Growth(%) 0 12.82 0.47 6.92
EBIT Growth(%) 0 0.71 16.76 20.62
PAT Growth(%) 0 -14.95 25.91 11.47
EPS Growth(%) 0 -14.95 25.91 7.48
Debt/Equity(x) 0.56 0.93 0.67 0.8
Current Ratio(x) 1.55 1.5 1.61 1.53
Quick Ratio(x) 0.82 0.75 0.91 0.79
Interest Cover(x) 6.91 3.6 3.78 4.07
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 7% 0% 0%
Operating Profit CAGR 8% 11% 0% 0%
PAT CAGR 11% 6% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 12% 12% 13% 13%
ROCE Average 13% 13% 13% 13%

Company Contact Information

Indogulf Cropsciences Ltd.

Sakshi Jain

+91 11 4004 0417

cs@groupindogulf.com

501, Gopal Heights Plot No - D-9 Netaji Subhash Place

IPO Lead Manager(s)

Indogulf Cropsciences Ltd.

Systematix Corporate Services Ltd.

Registrar Info

Indogulf Cropsciences Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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