India Pesticides Limited

About the company

Incorporated in 1984, Uttar Pradesh-based India Pesticides is one of the fastest-growing agrochemical manufacturers in the country. The company makes agrochemical technicals and formulations. It has also diversified into the production of active pharmaceutical ingredients (APIs) for dermatology products. It derives around 78% of its revenue from technicals and the remaining 22% from formulations. The company exports its technicals to more than 25 countries, which contribute 57% of the total revenue. India Pesticides has a strong track record of revenue generation and profitability during FY19–21. In this period, the revenue and net profit have grown at a CAGR of 38% and 75%, respectively.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   23 Jun 2021

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   25 Jun 2021

   Last day to place your bid

3. Basis of Allotment

   Completed
   25 Jun 2021

   Share allotment finalised

4. Refund Initiation

   Completed
   01 Jul 2021

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   30 Jun 2021

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   05 Jul 2021

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.