Indogulf Cropsciences Limited IPO: GMP Today, Subscription Status, Allotment & Full Review
27 June 2025 · Sachin Gadekar
Get the latest details about Indogulf Cropsciences Limited IPO GMP today, live subscription status, allotment, price band, financials and company insights — only at Ultra.
Indogulf Cropsciences Limited: Company Overview
Introduction
India’s agrochemical sector is witnessing increasing investor interest, and the Indogulf Cropsciences Limited IPO is the latest buzz among retail and institutional investors. Backed by decades of experience, strong manufacturing infrastructure, and a diversified product portfolio, Indogulf Cropsciences aims to raise ₹200 crore through its upcoming public issue.
In this guide by Ultra, we decode the Indogulf Cropsciences Limited IPO GMP today, live subscription trends, issue details, company fundamentals, competitive advantages and whether you should apply.
Founded in 1993, Indogulf Cropsciences Limited is a well-established name in the agrochemical industry, manufacturing:
Crop Protection Products: Insecticides, fungicides, herbicides and bio-stimulants to safeguard crops against pests and diseases.
Plant Nutrients: Specialty fertilizers, bio-simulants and soil health products to enhance crop productivity.
Biologicals: Bio-fertilizers and natural stimulants that improve nutrient uptake, stress resistance and sustainability.
The company’s four manufacturing facilities across Haryana and Jammu & Kashmir span nearly 20 acres, giving it flexible, multi-purpose production capabilities.
Distribution:
Indogulf Cropsciences boasts a robust distribution network:
22 states and 3 union territories in India
169 business partners and 5,772 distributors
Exports to 34 countries with 129 international partners
Their well-established presence and high regulatory entry barriers strengthen their competitive edge in India’s fast-growing agrochemical market.
Indogulf Cropsciences IPO: Key Issue Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| IPO Size | — | — | ₹200 crore |
| Fresh Issue | — | 1.44 crore shares | ₹160 crore |
| Offer for Sale (OFS) | — | 0.36 crore shares | ₹40 crore |
| IPO Open Date | — | — | June 26, 2025 |
| IPO Close Date | — | — | June 30, 2025 |
| Allotment Date | — | — | July 1, 2025 |
| Tentative Listing Date | — | — | July 3, 2025 |
| Issue Price Band | — | — | ₹105 – ₹111 per share |
| Face Value | — | — | ₹10 per share |
| Lot Size | — | 135 shares | — |
| Minimum Investment (Retail) | — | — | Approx. ₹14,985 |
| Listing Exchanges | — | — | BSE, NSE |
| Shareholding Pre-Issue | — | 4,87,87,456 shares | — |
| Shareholding Post-Issue | — | 6,32,01,870 shares | — |
Indogulf Cropsciences Limited IPO GMP Today
As of today, the Indogulf Cropsciences Limited IPO GMP (grey market premium) is estimated at around ₹20 to ₹25 per share above the upper price band of ₹111. This hints at moderate listing gains for early investors.
Keep in mind: GMP is an unofficial indicator. It reflects market sentiment but can fluctuate daily based on demand and supply in the grey market.
Indogulf Cropsciences Limited IPO Subscription Status
Here’s the expected IPO subscription trend:
Retail Quota: High interest due to the company’s growth potential in crop protection and biologicals.
NII & QIB Quota: Decent response, with institutional investors monitoring regulatory tailwinds in India’s agrochemical sector.
Key Tip:
Investors should always bid at the cut-off price to secure allotment, especially in cases of oversubscription.
Lot Size & Minimum Investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 135 | Approx. ₹14,985 |
| Retail (Maximum) | 13 | 1,755 | Approx. ₹1,94,805 |
| Small HNI (Minimum) | 14 | 1,890 | Approx. ₹2,09,790 |
| Big HNI (Minimum) | 67 | 9,045 | Approx. ₹10,03,995 |
Financial Performance Snapshot
| Particulars | 31 Dec 2024 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Assets | ₹597.81 Cr | ₹542.25 Cr | ₹517.51 Cr | ₹413.59 Cr |
| Revenue | ₹466.31 Cr | ₹555.79 Cr | ₹552.19 Cr | ₹490.23 Cr |
| Profit After Tax | ₹21.68 Cr | ₹28.23 Cr | ₹22.42 Cr | ₹26.36 Cr |
| EBITDA | ₹44.78 Cr | ₹55.74 Cr | ₹49.04 Cr | ₹47.24 Cr |
Indogulf Cropsciences IPO Timeline
| Event | Date |
|---|---|
| IPO Open | June 26, 2025 |
| IPO Close | June 30, 2025 |
| Allotment | July 1, 2025 |
| Refund Initiation | July 2, 2025 |
| Credit to Demat | July 2, 2025 |
| Listing Date | July 3, 2025 |
FAQs on Indogulf Cropsciences Limited IPO
Q1. What is the Indogulf Cropsciences Limited IPO GMP today?
The current GMP is around ₹20–₹25 per share over the upper price band.
Q2. What is the price band of the Indogulf Cropsciences Limited IPO?
The price band is ₹105–₹111 per equity share.
Q3. What is the minimum lot size?
Retail investors must apply for a minimum of 135 shares (~₹14,985).
Q4. When will Indogulf Cropsciences IPO be listed?
The tentative listing date is July 3, 2025, on BSE and NSE.
Q5. How can I check Indogulf Cropsciences IPO subscription status?
You can track live subscription status on Ultra’s blog, Chittorgarh, IPO Watch, Groww and 5Paisa.