The Crop Life Science IPO date has been set. The IPO will begin on August 18 and end on August 22. Crop Life Science is a BSE SME IPO that will raise 26.73 crores through the IPO. The Crop Life Science IPO price band is set at 52 cents per share, with a market lot of 2000 shares.
Crop Life Science is an agrochemical company that manufactures, distributes, and markets a wide range of pesticide formulations. Agriculture chemicals include pesticides and micro fertilizers, as well as insecticides, fungicides, herbicides, and weedicides. In the year 2006, they leased property measuring approximately 5831.10 square meters from Gujarat Industrial Development Corporation (GIDC) for 99 years for our manufacturing unit in GIDC Ankleshwar (Gujarat). Crop Life began manufacturing
pesticides and micro fertilizer in the 2006-07 fiscal year. The Company began supplying insecticides to Indonesia in 2012. They gradually began exporting to Bangladesh, Egypt, Myanmar, Vietnam, Sudan, and other countries. Crop Life Science must seek different licences and permissions from government and semi-government authorities before beginning pesticide and fertiliser manufacturing. Our products have been registered with the Central Insecticides Board (CIB), approved by the Directorate of Agriculture, Government of Gujarat, and approved by the Gujarat Pollution Control Board (GPCB).
They continue to develop our product line by launching new items, with the goal of offering a diverse product portfolio across the agri-value chain. In 2007, the company began manufacturing more than 25 different agro-chemical product lines. As a result, we continue to add agro-chemical goods to our product line year after year. They currently manufacture and market a variety of insecticides, fungicides and herbicides, plant growth regulators, micro fertilisers, and dedicides. Currently, the Company offers more than 85 agrochemical products.
Crop Life Science IPO Date & Price Band Details
| IPO Open: | August 18, 2023 |
| IPO Close: | August 22, 2023 |
| IPO Size: | Approx ₹26.73 Crores, 5,140,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹52 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50 of the net offer |
| NII Quota: | 50% of the net offer |
Objects of the Issue:
- Working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
Crop Life Science IPO Review
- To be updated soon
Crop Life Science IPO Market Lot
The Crop Life Science IPO minimum market lot is 2000 shares with a ₹104,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹104,000 |
| Retail Maximum | 1 | 2000 | ₹104,000 |
| S-HNI Minimum | 2 | 4000 | ₹208,000 |
Crop Life Science IPO Dates
The Crop Life Science IPO date is August 18 and the IPO close date is August 22. The IPO allotment date is August 25 and the IPO might list on August 30.
| IPO Open Date: | August 18, 2023 |
| IPO Close Date: | August 22, 2023 |
| Basis of Allotment: | August 25, 2023 |
| Refunds: | August 28, 2023 |
| Credit to Demat Account: | August 29, 2023 |
| IPO Listing Date: | August 30, 2023 |
Crop Life Science IPO Form
How to apply Crop Life Science IPO? –> You can apply Crop Life Science IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Crop Life Science IPO in the Invest section. The other option you can apply Crop Life Science IPO via IPO forms download via the NSE website.
Crop Life Science Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹135.31 | ₹130.72 | ₹3.23 |
| 2021 | ₹119.50 | ₹114.58 | ₹3.70 |
| 2022 | ₹102.39 | ₹98.62 | ₹2.81 |
| 2023 11M | ₹123.23 | ₹117.15 | ₹4.37 |
Crop Life Science IPO Valuation – FY2022
Check Crop Life Science IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.64 per Equity Share |
| Price/Earning P/E Ratio: | 14.29 |
| Return on Net Worth (RoNW): | 10.81% |
| Net Asset Value (NAV): | ₹33.65 per Equity Share |
Peer Group
- Aristo Bio-Tech and Lifescience Limited
- Dharmaj Crop Guard Limited
- Heranba Industries Limited
Crop Life Science IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/queries/
Company Address
Crop Life Science Limited
209, Near Judges Bunglow Cross Road,
Bodakdev, Ahmedabad – 380015
Phone: 079-40373967
Email: [email protected]
Website: https://croplifescience.com/cropelife
Company Promoters
- Mr. Rajesh Lunagariya
- Mr. Ashvinkumar Lunagaria
Crop Life Science IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Crop Life Science IPO FAQs :
Q1. What is Crop Life Science IPO?
Ans. Crop Life Science IPO is an NSE SME IPO. They are going to raise ₹26.73 Crores via IPO. The issue is priced at ₹52 per equity share. The IPO is to be listed on NSE.
Q2. When Crop Life Science IPO will open?
Ans. The IPO is to open on August 18, 2023 for QIB, NII, and Retail Investors.
Q3. What is Crop Life Science IPO Investors Portion?
Ans. The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
Q4. How to Apply the Crop Life Science IPO?
Ans. You can apply Crop Life Science IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Crop Life Science IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Crop Life Science”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Crop Life Science IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Crop Life Science”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Crop Life Science IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Crop Life Science”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Crop Life Science IPO Size?
Ans. Crop Life Science IPO size is ₹26.73 crores.
Q9. What is Crop Life Science IPO Price Band?
Ans. Crop Life Science IPO Price Band is ₹52 per equity share.
Q10. What is Crop Life Science IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 2000 shares with ₹104,000.
Q11. What is Crop Life Science IPO Allotment Date?
Ans. Crop Life Science IPO allotment date is August 25, 2023.
Q12. What is Crop Life Science IPO Listing Date?
Ans. Crop Life Science IPO listing date is August 30, 2023. The IPO to list on NSE SME.
