India Pesticides Limited IPO
India Pesticides Limited was a mainboard IPO in the Pesticides & Agrochemicals sector, offered at ₹290–₹296 per share to raise ₹800 crore. The issue was subscribed 29.04× overall (QIBs 42.95×, NIIs 51.88×, retail 11.3×). It listed on 5 Jul 2021 at ₹350 and closed its first day at ₹343, a listing gain of +15.9% versus the ₹296 issue price. It now trades around ₹113 (-62.0% versus the issue price).
Frequently asked questions
- How many times was the India Pesticides Limited IPO subscribed?
- The India Pesticides Limited IPO was subscribed 29.04× overall — 42.95× in the QIB category, 51.88× among non-institutional investors, 11.3× in retail.
- What were the India Pesticides Limited IPO listing gains?
- India Pesticides Limited listed on 5 Jul 2021 at ₹350, closing its first day at ₹343 — a listing gain of +15.9% versus the ₹296 issue price.
- What were the retail allotment odds for the India Pesticides Limited IPO?
- Retail was subscribed 11.3×, so a single-lot application had roughly a 8.8% chance of allotment (about 1 in 11), and allotment was finalised on 29 Jun 2021.
- What was the price band and lot size of the India Pesticides Limited IPO?
- The price band was ₹290–₹296 per share, with a minimum lot of 50 shares (₹14,800 at the upper band).
- Who were the registrar and lead manager for the India Pesticides Limited IPO?
- Kfin Technologies Private Limited was the registrar, and Axis Capital was the book-running lead manager.