Indogulf Cropsciences IPO 2025 – Price Band, GMP, Allotment & How to Apply

Indogulf Cropsciences IPO 2025 – Price Band, GMP, Allotment & How to Apply
Indogulf Cropsciences IPO logo

Indogulf Cropsciences Ltd, a Delhi‑based agro‑chemical company, launched its ₹200 Cr mainboard IPO from June 26–30, 2025. Here’s a detailed guide for ipogyan.in readers.

📌 IPO Highlights

  • Price Band: ₹105–₹111 per share :contentReference[oaicite:1]{index=1}
  • IPO Open: June 26, 2025
  • IPO Close: June 30, 2025
  • Lot Size: 135 shares (~₹14,985 at upper band) :contentReference[oaicite:2]{index=2}
  • Issue Size: ₹200 Cr (Fresh: ₹160 Cr + OFS: ₹40 Cr) :contentReference[oaicite:3]{index=3}
  • Allotment Date: July 1, 2025
  • Refund & Demat Credit: July 2, 2025
  • Expected Listing: July 3, 2025 on NSE & BSE :contentReference[oaicite:4]{index=4}

🏢 About Indogulf Cropsciences

Incorporated in 1993, Indogulf manufactures crop protection chemicals, plant nutrients, and biologicals. It operates four plants in Haryana and J&K, distributes in 22 states + 3 UTs, and exports to 34 countries :contentReference[oaicite:5]{index=5}.

📈 Financial Snapshot

PeriodRevenue (₹ Cr)PAT (₹ Cr)
FY 2023‑24₹555.8₹28.2
9M FY 2024‑25₹466.3₹21.7

FY24 revenue ₹555.8 Cr with ₹28.2 Cr profit. Operating margin >10%, ROE ~12% :contentReference[oaicite:6]{index=6}.

🔥 Grey Market Premium (GMP)

GMP trades at ~₹11 (~10% upside), indicating likely listing near ₹122 :contentReference[oaicite:7]{index=7}.

📊 Subscription Status

  • Day 1: Overall ~17–30%; Retail ~31–52%, NII ~18%, QIB ~5% :contentReference[oaicite:8]{index=8}

🎯 IPO Objectives

  • Fund working capital
  • Repay debt
  • Set up dry flowable plant in Haryana
  • General corporate purposes :contentReference[oaicite:9]{index=9}

🔍 How to Check Allotment Status

  1. Visit registrar Bigshare or BSE/NSE allotment page
  2. Select “Indogulf Cropsciences IPO”
  3. Enter PAN, application number, or Demat ID
  4. Click Submit to view status

📲 How to Apply via Zerodha (Kite)

  1. Login → Console → IPO section
  2. Select “Indogulf Cropsciences IPO”
  3. Enter UPI ID, 135 shares, bid ₹111 (cut‑off)
  4. Submit & approve UPI mandate

📱 How to Apply via Paytm Money, Groww, Upstox, Angel One & Others

Similar steps: login → IPO tab → select IPO → enter lot size & price → submit & approve UPI.

⭐ Tips to Improve Allotment Chances

  1. Bid at upper band (₹111)
  2. Apply for minimum one lot (135 shares)
  3. Use multiple Demat accounts if eligible
  4. Approve UPI mandate early
  5. Apply early on Day 1

📚 Related IPO Posts

Disclaimer: This article is for informational purposes only. Investing in IPOs involves risk; consult a financial advisor before making any decision.

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