Archive · 4 Sep 2025
Eldorado Agritech Plans Rs 1,000 Crore IPO to Raise Funds
Eldorado Agritech, known for its Srikar Seeds, is planning to sell shares to the public to get money.
They've asked a financial board for permission to do an IPO, hoping to raise 1,000 crore rupees.
They'll sell new shares, and some existing shareholders will sell theirs too.
The company focuses on seeds and crop care.
They are growing fast and want the money to pay off some debt and for general business.
Financial advisors will help them with the process.
Eldorado Agritech filed a DRHP for a Rs 1,000 crore IPO.
The IPO includes a fresh issue of Rs 340 crore and an OFS of Rs 660 crore.
Promoters Srinivasa Rao Linga and Usha Rani Papineni will offload shares.
Funds will repay borrowings and for general corporate purposes.
The company offers 'seed to harvest' solutions and experienced a 27.92% CAGR.
- Who
- Eldorado Agritech
- What
- Filed for a Rs 1,000 crore IPO.
- When
- No specific date, recent filing.
- Where
- India
- Why
- To raise capital and repay borrowings.
- Company
- Eldorado Agritech (Srikar Seeds)
- IPO Amount
- Rs 1,000 crore
- Fresh Issue
- Rs 340 crore
- OFS
- Rs 660 crore
- Revenue (FY2025)
- Rs 441 crore
- PAT (FY2025)
- Rs 71 crore
- BRLMs
- Anand Rathi Advisors, Equirus Capital