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IPO Synopsis

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IPO

Indogulf Cropsciences Ltd
Initial public offering of 18,077,476 equity shares of face value of Rs. 10/- each ("Equity Shares") of Indogulf Cropsciences Limited ("Company" or "Issuer") for cash at a price of Rs. 111/-# per equity share (Including a Share Premium of Rs. 101/-# per Equity Share) ("Offer Price") aggregating to Rs.200.00 crores# (the "Offer") comprising a fresh issue of 14,473,873 equity shares of face value of Rs. 10/- each aggregating to Rs. 160.00 crores# by the company ("Fresh Issue") and an offer for sale of to 3,603,603 equity shares aggregating to Rs.40.00 crores* ("Offered Shares") by the promoter group selling shareholders ("Offer for Sale", and together with Fresh Issue, the "Offer"), comprising to 1,540,960 equity shares aggregating to Rs. 17.11 crores by Om Prakash Aggarwal (HUF) and to 2,062,643 equity shares aggregating to Rs. 22.90 crores by Sanjay Aggarwal (HUF) ("Promoter group selling shareholders"). The offer will constitute 28.58% of the post-offer paid up equity share capital of the company. The offer includes a reservation of 600,000 equity shares of face value Rs.10/- each, aggregating to Rs. 6.00 crores# (Constituting up to 0.95% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee Reservation portion is hereinafter referred to as the "Net Offer". the company in consultation with the brlm have offered a discount of Rs. 11/- per equity share to the offer price (equivalent of 10% per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer constitutes 28.58% and 27.63%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. the offer price is 11.10# times the face value of the equity shares. # A discount of Rs. 11.00 per equity share was offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
26-Jun-25 30-Jun-25
Money Payable On
Application Allotment
111.00 0.00
Minimum Application for shares in Nos : 135 Further Multiples of : 135
Cr Lead Managers to the Issue
Project Cost (.Cr) 140.97 Systematix Corporate Services Ltd
Project Financed through Current Offer (.Cr) 200.00  
Post Issue Equity Share Capital (.Cr) 63.20
Issue Price () 111.00
Projects
Funding working capital requirements of the company
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
Capital exp of the company for setting up an in house dry flowers (DF) plant at
General corporate purposes
Promoted By
Om Prakash Aggarwal
Sanjay Aggarwal
Anshu Aggarwal
Listing At
BSE
NSE
Registrar to the Issue
No Data Available