India Pesticides Limited IPO

India Pesticides Limited announced IPO dates for June 23, 2021. The three days subscription window will close on June 25, 2021. India Pesticides Limited will float an Rs 800 crore IPO comprising Rs 100 crore in primary issues and an offer for sale of Rs 700 crore shares. Besides India Pesticides, four more IPOs will launch in June 2021.

India Pesticides IPO

Issuer

India Pesticides Limited

IPO Date : 23rd June 2021 - 25th June 2021
Price Band
₹ 290 - ₹ 296 per share

Issue Size
₹ 800 crore

Face Value
₹ 1 per equity share

Market Lot
50 Shares

Listing At
NSE,BSE
₹0 Free Equity Delivery
₹20/- For Intraday, F&O, Currencies & Commodities

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India Pesticides Limited Information

India Pesticides Limited is a leading agrochemical manufacturer in the nation. Their business operates in two major verticals - Technicals and Formulations of herbicides and fungicides, holding a unique position in producing over 30+ formulations. They are the sole Indian producers of several Technicals, such as Folpet, Thiocarbamate, and Herbicide.

They majorly export their Technicals to twenty plus countries in Australia, Asia, Europe, and Africa, which contributed to 62 percent of operational revenue earnings in the Technical segment in 2020, while the formulations are sold domestically across the nation.

India Pesticides Limited IPO Important Dates

The below table has important dates with respect to the India Pesticides Limited IPO allotment and listing :
IPO Open Date June 23, 2021
IPO Close Date June 25, 2021 
Basis Of Allotment Date June 30, 2021
Initiation Of Refunds July 1, 2021
Credit Of Shares To Demat Account July 2, 2021
IPO Listing Date July 5, 2021

Competitive strength

  • They are among the top five players in producing Folpet, Thiocarbamate, and Herbicide Technicals
  • A well-diversified portfolio of specialised products
  • Strong presence in domestic and global market
  • Internal solid research and development
  • Consistent performance and financial track record

India Pesticides Limited IPO Latest News & Subscription Status Today [Live]

June 25: Day 3
June 24: Day 2
June 23: Day 1

At 5:00 p.m.

- This IPO has been subscribed 29.04x by 5:00 p.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 42.95x
- (NII) Non-institutional buyers: 51.88x
- (RII) Retail Individual buyers: 11.30x

 

At 3:08 p.m.

- This IPO has been subscribed 16.41x by 3:08 p.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 20.58x
- (NII) Non-institutional buyers: 24.34x
- (RII) Retail Individual buyers: 10.63x

 

At 2:06 p.m.

- This IPO has been subscribed 9.87x by 2:06 p.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 10.32x
- (NII) Non-institutional buyers: 10.57x
- (RII) Retail Individual buyers: 9.32x

 

At 12:29 p.m.

- This IPO has been subscribed 5.50x by 12:29 p.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.84x
- (NII) Non-institutional buyers: 2.71x
- (RII) Retail Individual buyers: 8.22x

 

At 11:29 a.m.

- This IPO has been subscribed 4.78x by 11:29 a.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.38x
- (NII) Non-institutional buyers: 1.90x
- (RII) Retail Individual buyers: 7.39x

 

At 10:19 a.m.

- This IPO has been subscribed 4.10x by 10:19 a.m. on Day 3
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.31x
- (NII) Non-institutional buyers: 1.28x
- (RII) Retail Individual buyers: 6.33x

 

At 5:00 p.m.

- This IPO has been subscribed 3.79x by 5:00 p.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.31x
- (NII) Non-institutional buyers: 0.91x
- (RII) Retail Individual buyers: 5.88x

 

At 4:08 p.m.

- This IPO has been subscribed 3.42x by 4:08 p.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 2.09x
- (NII) Non-institutional buyers: 0.70x
- (RII) Retail Individual buyers: 5.34x

 

At 2:06 p.m.

- This IPO has been subscribed 2.04x by 2:06 p.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.45x
- (RII) Retail Individual buyers: 4.29x

 

At 12:49 p.m.

- This IPO has been subscribed 2.04x by 12:49 p.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.31x
- (RII) Retail Individual buyers: 3.95x

 

At 11:49 a.m.

- This IPO has been subscribed 1.83x by 11:49 a.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.28x
- (RII) Retail Individual buyers: 3.55x

 

At 11:00 a.m.

- This IPO has been subscribed 1.64x by 11:00 a.m. on Day 2
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.24x
- (RII) Retail Individual buyers: 3.19x

 

At 05:00 p.m.

- This IPO has been subscribed 1.29x by 5:00 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.19x
- (RII) Retail Individual buyers: 2.51x

 

At 04:08 p.m.

- This IPO has been subscribed 1.07x by 4:08 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.11x
- (RII) Retail Individual buyers: 2.10x

 

At 02:58 p.m.

- This IPO has been subscribed 0.86x by 2:58 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.08x
- (RII) Retail Individual buyers: 1

 

At 01:46 p.m.

- This IPO has been subscribed 0.73x by 1:46 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.06x
- (RII) Retail Individual buyers: 1.44x

 

At 12:50 p.m.

- This IPO has been subscribed 0.61x by 12:50 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.04x
- (RII) Retail Individual buyers: 1.20x

 

At 12:19 p.m.

- This IPO has been subscribed 0.55x by 12:19 p.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.04x
- (RII) Retail Individual buyers: 1.08x

 

At 11:00 a.m.

- This IPO has been subscribed 0.32x by 11:00 a.m. on Day 1
- It is a public issue of 19,310,345 equity shares.

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.01x
- (RII) Retail Individual buyers: 1.63x

 

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How to apply for India Pesticides Limited IPO :


1. If you are already a client of Angel Broking, apply directly for India Pesticides Limited IPO, click here.

2. If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. Join our 1 million+ family of happy customers.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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India Pesticides Limited IPO FAQs

What is an IPO?

IPO is a common way of equity financing in which businesses release their shares to general investors to raise capital. These shares are floated in the primary market, and companies get listed as publicly-traded afterwards.

What is the India Pesticides Limited IPO?

India Pesticides Limited will launch an Rs 800 crore IPO that comprises Rs 100 crore new equities and Rs 700 crore in an offer for sale from current shareholders. The equities will launch in the price band of Rs 290-296 per share.

How to apply for the India Pesticides Limited IPO through Angel Broking?

Existing investors can directly apply from the Angel Broking website or mobile app. Want Angel Broking Demat? Now open an online account in under 5 mins. Click here.

When will the India Pesticides Limited IPO open?

The subscription window will open for three days between June 23 and 25, 2021.

What is the minimum lot size for all investors?

The minimum lot size is 50 shares. However, investors can increase their bidding size up to 13 lots adding to 650 shares.

How to apply for the India Pesticides Limited IPO?

Investors can apply through a broking firm using UPI as a payment method or through ASBA if applying through their banks. The ASBA form is available in the net banking of banks.

When is the India Pesticides Limited IPO allotment date?

India Pesticide IPO share allotment will happen on June 30, 2021.

When is the India Pesticides Limited IPO listing date?

The India Pesticide shares will debut on July 5, 2021, in BSE and NSE exchanges.

How to pay for the India Pesticides Limited IPO using UPI?

If you are applying through a brokerage firm that doesn’t offer banking services, you need to pay using the UPI payment method. To activate UPI, link your bank account to a UPI handle, Google Pay or BHIM. During the final stage of payment, you will receive a payment mandate on your UPI handle.

How will I receive the India Pesticides Limited IPO?

Allotted shares will get directly credited to your Demat account. Apply for India Pesticides Limited IPO with an Angel Broking Demat account. Click here.

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