India Pesticides Limited is one of the leading agrochemical manufacturers in India. The company aims to raise Rs. 800 crores through the public offering which comprises fresh issue of equity shares aggregating up to Rs. 100 crore and an offer for sale of equity shares aggregating up to Rs. 700 crores.
About the company
India Pesticides operates in two distinct business verticals, manufacturing of technicals that are used in the manufacture of fungicides and herbicides as well as APIs (Active Pharmaceuticals Ingredients) with applications in dermatological products, it is the sole Indian manufacturer of five Technicals and among the leading manufacturers globally for Captan, Folpet and Thiocarbamate Herbicide, in terms of production capacity. The company exports its technicals to over 25 countries including Australia and other countries in North and South America, Europe, Asia, and Africa, contributing to 56.71% of its revenue from operations in Fiscal 2021. The company also manufactures and sells over 30 formulations of insecticides, fungicides, and herbicides, growth regulators, and Acaricides, which are ready-to-use products.
Recent financials of the company:
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How do I apply to the India Pesticides IPO?
You can apply for the India Pesticides IPO using any supported UPI app
by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here
to learn more.