
Materials & Chemicals · NSE / BSE
India Pesticides Limited, founded in 1984, is one of India’s leading agrochemical manufacturers, operating in technicals such as herbicides, fungicides, and pharmaceutical ingredients, and formulations including over 30 types of ready-to-use insecticides, fungicides, and herbicides. The company is the only manufacturer in India of certain key technical products like Folpet, Thiocarbamate, and specific herbicides. Its technical products are exported to more than 20 countries across Australia, Asia, Africa, and Europe, accounting for a major share of technical sales, while its formulations are mainly sold within India to established crop protection companies such as Syngenta Asia, UPL, and Sharda Cropchem. India Pesticides operates two manufacturing facilities in Lucknow and Sandila, Uttar Pradesh, with capacities of 19,500 MT for agrochemicals and 6,500 MT for formulations.
Price Band
₹290 – ₹296
Issue Size
₹800 Cr
Lot Size
50 shares
GMP
+11.8%
Est. Listing
₹331
at current GMP
Subscribed
—
Open
23 Jun 2021
Close
25 Jun 2021
Allotment
30 Jun 2021
Refund
1 Jul 2021
Demat Credit
2 Jul 2021
Listing
5 Jul 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 13,513,514 | — | 0.00x |
| Non-Institutional (NII / HNI) | 4,054,054 | — | 0.00x |
| Retail Individual (RII) | 9,459,459 | — | 0.00x |
| Total | 27,027,027 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 189,189 | 189,189 | 1.00x |
| HNIs (10L +) | 1,210 | 1,210 | 1.00x |
| HNIs (2-10L) | 5,792 | 5,792 | 1.00x |
| Total Applications | 196,191 | 196,191 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
India Pesticides Limited is bringing an initial public offering (IPO) in the Materials & Chemicals sector with an aggregate issue size of ₹800 Crores. The shares are offered at a price band of ₹290 to ₹296 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 50 shares (approx. ₹14,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-07-02, while un-allotted funds or UPI block mandates will be released on 2021-07-01.
The latest Grey Market Premium (GMP) for India Pesticides Limited IPO is ₹35 per equity share. Based on the upper price band of ₹290 to ₹296 per equity share, the estimated listing price is ₹331 (+11.8% expected listing gain).
With a lot size of 50 shares and current GMP of ₹35, the expected profit per application lot is approx ₹1,750 (+11.8% gain). Minimum application cost is approx ₹14,800.
The India Pesticides Limited IPO aggregate issue size is ₹800 Crores with an equity price band set at ₹290 to ₹296 per equity share. The retail lot size is 50 shares requiring a minimum capital outlay of approx. ₹14,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-06-30. Investors can verify status using PAN card or application number.
India Pesticides Limited shares are scheduled to list on NSE and BSE on 2021-07-05.