InvestorQ : Can you tell me about the forthcoming India Pesticides IPO?
NISHA Nayak made post

Can you tell me about the forthcoming India Pesticides IPO?

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Priyanka N answered.
6 months ago
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The IPO of India Pesticides, a leading agrochemicals player in India, will open on 23 June and close for subscription on 25 June. The company has fixed a price band of Rs.290-296 for its upcoming IPO and the anchor placement of shares in the stock will happen a day ahead of the IPO opening on 22 June.

The overall size of the IPO will be Rs.800 crore, which will comprise Rs.100 crore by way of fresh issue and Rs.700 crore by way of offer for sale. India Pesticides has a product portfolio consisting of herbicides, insecticides and fungicides; apart from APIs. Its total manufacturing capacity consists of 19,500 MT for technicals and 6,500 MT for formulations as of date.

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