Archive · 25 Jun 2025
Indogulf Cropsciences IPO Raises Funds from Investors
Indogulf Cropsciences, an agricultural technology company, is launching an IPO, which is when they offer shares to the public to raise money.
Before the IPO, they got around 58 crore rupees from big investors.
They plan to use the money to buy supplies, pay off some debts, invest in new equipment, and build a new facility.
The shares will be available to the public starting June 26, 2025, and they will be priced between 105 and 111 rupees each.
Indogulf Cropsciences raised ₹58.19 crore from anchor investors before its IPO.
Anchor investors were allotted shares at ₹111 per share.
The IPO includes a fresh issue of ₹160 crore and an offer for sale of 36,03,603 equity shares.
Funds will be used for working capital, debt repayment, capital expenditures, and a new facility.
The IPO will open June 26, 2025, with a price band of ₹105 to ₹111 per share.
- Who
- Indogulf Cropsciences
- What
- Indogulf Cropsciences is launching an IPO.
- When
- Anchor round completed June 25, 2025; IPO opens June 26, 2025.
- Where
- Haryana, India
- Why
- To raise capital for working capital, debt repayment, and expansion.
Analysts' Perspective
Market Data
Investment Rating
Analysts' Perspective
Assigning a "Subscribe" rating based on the company's market position and high entry barriers.
Market Data
N/A
- Company
- Indogulf Cropsciences
- IPO Type
- Initial Public Offering (IPO)
- Anchor Investors Raised
- ₹58.19 crore
- Price Per Share (Anchor)
- ₹111
- Fresh Issue
- ₹160 crore
- Offer for Sale
- 36,03,603 equity shares
- Price Band
- ₹105 to ₹111 per share
