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IPO

IPO Synopsis
India Pesticides Ltd
Registered Office: 35-A Civil Linea, , Bareilly - 243001 , Uttar Pradesh , India.
Phone : 91-0581-2567459   Fax:
Email :  investor@indiapesticideslimited.com  
Website :  www.indiapesticideslimited.com
Initial Public Offer of 27,027,026* equity shares of face value of Re.1 each ("equity shares") of India Pesticides Limited ("company" or "issuer") for cash at a price of Rs.296 per equity share (including a share premium of Rs.295 per equity share) aggregating up to Rs.800 Crores (the "offer") comprising a fresh issue of 3,378,378* equity shares aggregating up to Rs.100 Crores (the "fresh issue") and an offer for sale of 23,648,648* equity shares, including 9,506,758* equity shares aggregating up to Rs.281.4 Crores by Anand Swarup Agarwal (the "promoter selling shareholder") and 14,141,890* equity shares aggregating up to Rs.418.6 Crores, by the other selling shareholders (as defined hereafter, and collectively with the promoter selling shareholder, referred to as the "selling shareholders", and such equity shares, the "offered shares") aggregating up to Rs.700 Crores (the "offer for sale"). The offer shall constitute 23.47% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Re.1 each. The offer price is Rs.296 per equity share and is 296 times the face value of the equity shares. *Subject to finalisation of Basis of Allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Jun-21 25-Jun-21 Rs296.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :50  Further Multiples of :50

  Rs Cr Lead Managers to the Issue
Project Cost 100.00
Axis Capital Ltd
Project Financed through Current Offer 800.00  
Post Issue Equity Share Capital 11.52  
Issue Price Rs296.00  
 
Projects
Funding Working Capital Requirements of the CompanyGeneral Corporate Purpose
Promoted By
Anand Swarup Agarwal
The Asa Family Trust
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd