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IPO

IPO Synopsis
Crop Life Science Ltd
Registered Office: 209 Primate Near Judges-,Bunglow Cross Road Bodakdev , Ahmedabad - 380015 , Gujarat , India.
Phone : 079-40373967   Fax:
Email :  cs@croplifescience.com  
Website :  www.croplifescience.com
Initial public issue of 51,40,000 equity shares of face value of Rs. 10/- each of Crop Life Science Limited ("CLSL" or the "Company" or the "Issuer") for cash at a price of Rs. 52 per equity share including a share premium of Rs. 42 per equity share (the "Issue Price") aggregating to Rs. 26.73 crores ("The Issue"), of which 2,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 52 per equity share including a share premium of Rs. 42 per equity share aggregating to Rs. 1.35 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 48,80,000 equity shares of face value of Rs.10/- each at a price of Rs. 52 per equity share aggregating to Rs. 25.38 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.99% and 28.47% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 5.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Aug-23 22-Aug-23 Rs52.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 26.20
Interactive Financial Services Ltd
Project Financed through Current Offer 26.73  
Post Issue Equity Share Capital 17.14  
Issue Price Rs52.00  
 
Projects
Repayment of unsecured LoanGeneral Corporate Purposes
Long Term Working Capital Requirement
Promoted By
Rajesh Lunagariya
Ashvinkumar Lunagaria
Listing At
NSE - SME 
Registrar to the Issue
Purva Sharegistry (India) Pvt