Indogulf Cropsciences IPO Date, Price, Allotment Status

Indogulf Cropsciences Limited, an upcoming initial public offering (IPO), comes along with a tremendous opportunity for investors to invest in India's important agricultural and crop protection sector. Headquartered in New Delhi, the emerging company is in the India's cropsciences industry, focusing on agricultural solutions including crop protection products and other related agri-business services. With India's focus on food security, sustainable agriculture and increased demand for crop protection solutions, the company is in a significant and emerging market segment.

The company has identified itself in the agricultural sector with its significant operations and an established asset base of ₹597.81 crores. With its head office in Delhi, the company's scope of geographical access to its policy makers, agricultural institutions, and pan-India distribution networks are highly important for the agri-business.

This IPO is expected to be closely watched and added to the ipo list of major SME entries. Also, given the recent trend, the ipo gmp today is expected to reflect optimistic sentiment due to the company’s presence in an essential sector.

IPO Dates for Indogulf Cropsciences Limited

The Indogulf Cropsciences Limited IPO is scheduled to open on June 26, 2025, and close on June 30, 2025. The allocation date is expected to be announced by July 1, 2025, with listing planned for July 3, 2025.

IPO Details Summary

Analysts and retail investors are actively tracking the gmp of ipo for Indogulf Cropsciences, which may provide clues on potential listing gains. As part of the growing ipo list, this IPO is considered to have long-term industry potential.

About Indogulf Cropsciences Limited

Indogulf Cropsciences Limited is an agriculture and crop protection company with headquarters in New Delhi. The Company is positioned in the key cropsciences sector, and provides agricultural solutions and crop protection products to farmers in India. A key advantage is that its headquarters in Delhi provides excellent access to agriculture markets, government regulators and distrbutors throughout India.

The Company has established and grown a multi-faceted business, and currently has total assets of greater than ₹597 crores, gross revenues of more than ₹466 crores.  The Company has significant scale and presence. The importance of agriculture to India's economy and food security means that businesses like Indogulf Cropsciences are important players in the overall agricultural ecosystem of the country.

The company is also drawing attention in the grey market, with multiple financial forums discussing the ipo gmp and its trend in comparison to other agricultural IPOs.

Financial Performance of Indogulf Cropsciences Limited

The company has demonstrated stable financial performance with consistent revenue generation and profitability:

Performance Analysis

Indogulf Cropsciences has maintained a strong financial growth trajectory, with total assets growing from ₹413.59 crores in FY22 to ₹597.81 crores by Dec-24 (CAGR ~20%), which indicates continued growth. Revenues are also strong, with ₹555.79 crores in FY24 and ₹466.31 crores for 9M Dec-24, despite the seasonal fluctuations common to agriculture. Indogulf's profitability has remained stable over this period, as evidenced by a PAT of between ₹21–28 crores and consistent margins of 4–5%. For the period measured, Indogulf achieved EBITDA margins of between 9–10%, which is indicative of high operational efficiency. Net worth has gone up to ₹265.43 crores, which led to borrowings rising to ₹206.30 crores, reflecting a mutual need to growth and working capital.

This performance has generated interest among investors checking the gmp of ipo and adding the company to their active ipo list watchlist.

Sector Comparison

*Latest reported period (Mar-24)

IPO Share Reservation

Note: Specific IPO details including price, issue size, and dates are not provided in the available information. Standard SEBI guidelines for IPO allocations would apply:

Know Before Investing

Risks

1. Seasonal Business
Agricultural sector businesses are inherently seasonal and dependent on weather conditions. Fluctuating climate patterns can significantly affect revenue predictability.

2. High Leverage
Borrowings have increased significantly to ₹206.30 crores, signaling elevated financial risk and higher debt obligations.

3. Regulatory Environment
The agricultural and chemicals sectors are heavily regulated, especially regarding product approvals, environmental compliance, and safety norms.

4. Commodity Price Volatility
Input costs for chemicals and agricultural products are subject to fluctuations, which may erode margins and profitability.

5. Competition
Faces strong competition from established players like UPL, PI Industries, and other multinational crop protection companies.

6. Monsoon Dependency
Business performance is closely tied to monsoon cycles which influence farmer income and their ability to invest in agri-inputs.

7. Working Capital Intensive
As with most agri-businesses, substantial working capital is required to manage inventory and peak seasonal demand efficiently.

8. Margin Pressure
Operating in a price-sensitive market with farmers as the primary customer base limits pricing flexibility and constrains margin expansion.

9. Environmental Concerns
Greater scrutiny of chemical-based crop protection and a push toward organic alternatives could reduce long-term demand.

Strengths

1. Substantial Scale
With ₹597+ crores in assets and over ₹466 crores in income, the company holds significant scale in the agri-inputs segment.

2. Essential Sector
The company operates in the critical crop protection and agricultural solutions space, vital for India's food security goals.

3. Consistent Operations
Despite sectoral challenges, the company maintains steady revenue and operational performance year-over-year.

4. Growing Asset Base
Assets have consistently increased from ₹413.59 crores to ₹597.81 crores, indicating infrastructure and capacity expansion.

5. Strategic Location
Delhi-based headquarters provide proximity to policy makers and nationwide distribution reach.

6. Strong Net Worth
Net worth rose from ₹180.51 crores to ₹265.43 crores, demonstrating retained earnings and financial resilience.

7. Stable EBITDA
EBITDA margins remain within the industry standard range of 9–10%, showing efficient cost and operational control.

8. Agricultural Importance
The company is positioned in a mission-critical sector for India’s agricultural and food security ambitions.

How to Apply for Indogulf Cropsciences Limited IPO?

Step-by-step guide (when IPO opens):

Step 1 : Log in to your broker app (Zerodha, Angel One, Groww, etc.)
Step 2 : Navigate to the IPO section and select Indogulf Cropsciences Limited IPO
Step 3 : Click "Apply"
Step 4 : Enter:

• Lot size (as specified in IPO)
• Bid price (within the price band or select Cut-Off)
• Your UPI ID

Step 5 : Submit the application
Step 6 : Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Note: Mandate must be approved before 5 PM on the application day or before IPO closes.

How to Check Indogulf Cropsciences IPO Allotment Status?

Check On Stock Exchange

• Visit the BSE or NSE official website
• Navigate to the IPO Allotment section
• Select Indogulf Cropsciences Limited IPO
• Enter your PAN number or application number
• Submit to view status

Check On the Registrar Portal

• Visit Bigshare Services IPO portal
• Select Indogulf Cropsciences Limited IPO
• Enter PAN or application number
• Submit to check allotment

Company Address

Name: Indogulf Cropsciences Limited
Address: 501, Gopal Heights, Plot No - D-9, Netaji Subhash Place, Delhi, New Delhi, 110034
Phone: +91 11 4004 0417
Email: cs@groupindogulf.com
Website: http://www.groupindogulf.com/

IPO Registrar

Name: Bigshare Services Pvt Ltd
Address: 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai - 400 059
Phone: +91 22 62638200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Conclusion

Indogulf Cropsciences Limited provides a unique investment opportunity within India's essential agriculture and crop protection space. With a balance sheet above ₹597 crore and revenue above ₹466 crore (as of Dec-24) based on its scale, operations, and strong market presence, the company has exhibited growing scale and a strong resiliency in operations with consistent revenue, stable margins, notwithstanding commoditised growth rates. Having the landscape of being based in Delhi and a critical sector in the country in terms of food security and economic sustainability.

Like most companies in the agricultural space, Indogulf faces normal industry risks, such as seasonality, weather sensitivity, and compliance with regulations. There are also additional risk factors such as increased leverage and competition in the marketplace. Meanwhile, the long-term sector tailwinds, such as a rising demand for food production, government support for agriculture, and a drive towards more productive agricultural practices, put Indogulf in a great position to grow, though it will depend on the company's cyclical behaviour and strategical execution in increasingly competitive market conditions.

This IPO is already being followed on various ipo list trackers and is showing encouraging trends in ipo gmp today. Keep a close eye on the ipo allotment status via the bse ipo allotment status or the registrar’s website for the latest updates.

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Disclaimer : This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in agricultural and chemical sector companies are subject to market risks, regulatory changes, weather patterns, and commodity price volatility.

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