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Indogulf Cropsciences Ltd

Registered Office: 501 Gopal Heights Plot No.D-9,Netaji Subhash Place, Delhi - 110034, New Delhi, India.
Phone : +91 11 4004 0417   Fax:
Email :  cs@groupindogulf.com  
Website :  www.groupindogulf.com

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 Money Payable On
Opens On Closes On Application Allotment
26-Jun-25 30-Jun-25 111.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 135   Further Multiples of : 135
  Rs Cr Lead Managers to the Issue
Project Cost 140.97 Systematix Corporate Services Ltd
Project Financed through Current Offer 200.00  
Post Issue Equity Share Capital 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

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