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IPO Alert: The IPO of Indogulf Cropsciences has been opened since 26 June 2025 and is attracting a lot of attention from investors. This IPO is a total of ₹ 200 crore, including a fresh issue of ₹ 160 crore and an offer of ₹ 40 crore for Sale (O.S). Its price band has been kept ₹ 105 – ₹ 111 per share and investment can be started with a lot size of minimum 135 shares. That is, you have to invest at least ₹ 14,985 in this IPO. The gray market premium (Gmp) for this IPO is around ₹ 11, which indicates its possible listing profit. Its subscription has reached 17% on the first day, which reflects investors’ interest. ₹ 58.20 crore has been raised from anchor investors. The IPO allotment will be on 1 July 2025, the refund is expected to be on BSE and NSE on 2 July and the listing on 3 July. Indogulf Cropsciences is a company established in 1993, making its presence in 22 Indian states and 34 countries with 400+ products. The company will use its capital for working capital (₹ 65 crore), repayment of debt (₹ 34.12 crore), new manufacturing facility (₹ 14 crore) and other corporate purposes. According to the broker’s opinion, it has received a “subscribe” rating. The company’s P/E ratio is ~ 24.6x, which makes it attractive. Experts believe that strong R&D and distribution network will promote its growth. Do your research before investing. For more such information, watch the video and subscribe to the channel!
