Crop Life Science Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹-6(-11.54%)
Premium (ELP)
Having completed its public offering, Crop Life Science Limited's is now listed and trading on the NSE exchange as of Aug 30, 2023. The IPO raised cumulative capital of 51,40,000 Shares, including 51,40,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹52 to ₹52 and minimum investment requirement of 2000 shares. subscription activity between Aug 18, 2023 and Aug 22, 2023 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Aug 25, 2023 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2006, Crop Life Science Limited manufactures, distributes, and markets agrochemical formulations, including micro fertilizers and pesticides such as insecticides, fungicides, herbicides, and weedicides. Its manufacturing facility is located at GIDC Ankleshwar, Gujarat, covering 5,831.10 square meters. The company exports its products to countries including Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, and Sudan. Crop Life Science’s products are registered with the Central Insecticides Board, approved by the Directorate of Agriculture, Gujarat, and comply with Gujarat Pollution Control Board regulations. Its portfolio comprises over 85 agrochemical products. The company’s IPO is a fixed-price issue of ₹52 per share, totaling Rs 26.73 crore, to list on NSE SME.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Rajesh Lunagariya
- Mr. Ashvinkumar Lunagaria
Crop Life Science Limited
Purva Sharegistry India Private Limited