Last updated on August 31, 2023
Crop Life Science IPO description – Incorporated in 2006, Crop Life Science is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations. Agriculture chemicals consist of Pesticides and Micro fertilizers, moreover, the pesticides including Insecticides, Fungicides, Herbicides, and Weedicides.
The company commenced the manufacturing activities of Pesticides and Micro fertilizer in the year 2006. In the year 2012, the company started exporting pesticides to Indonesia. Over a period of time, it started exporting to Bangladesh, Egypt, Myanmar, Vietnam, Sudan, and other countries.
At present, the company manufactures and sells various formulations of insecticides, fungicides and herbicides, plant growth regulators, micro fertilizers, and weedicides. Currently, Crop Life Science has a wide range of more than 85 agro-chemical products. At present in addition to its manufacturing of products, the company is also undertaking job work for manufacturing pesticides and Micro Fertilizer.
Promoters of Crop Life Science – Mr. Rajesh Lunagariya and Mr. Ashvin Lunagaria.
Table of Contents
Crop Life Science IPO Details
| Crop Life Science IPO Dates | 18 – 22 August 2023 |
| Crop Life Science IPO Price | INR 52 per share |
| Fresh issue | 51,40,000 shares (INR 26.73 Crore) |
| Offer For Sale | NIL |
| Total IPO size | 51,40,000 shares (INR 26.73 Crore) |
| Minimum bid (lot size) | 2,000 shares (INR 104,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Crop Life Science Financial Performance
| FY 2020 | FY 2021 | FY 2022 | FY 2023 (till Feb) | |
| Revenue | 135.13 | 118.93 | 102.01 | 122.54 |
| Expenses | 130.72 | 114.58 | 98.62 | 117.15 |
| Net income | 3.22 | 3.45 | 2.87 | 4.37 |
Crop Life Science Offer News
- Crop Life Science RHP
- Crop Life Science Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Crop Life Science Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 (till Feb) | |
| EPS | 3.09 | 2.35 | 3.64 |
| PE ratio | – | – | 14.29 |
| RONW (%) | 11.27 | 11.04 | 10.81 |
| NAV | 27.39 | 29.39 | 33.65 |
| ROCE (%) | 17.59 | 14.57 | 18.63 |
| EBITDA (%) | 7.58 | 7.96 | 9.24 |
| Debt/Equity | 0.53 | 0.59 | 0.68 |
Crop Life Science IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 August 2023 | (5) | – | – |
| 28 August 2023 | (5) | – | – |
| 21 August 2023 | 3 | – | 4,800 |
| 19 August 2023 | 3 | – | 5,000 |
| 18 August 2023 | 3 | – | 5,500 |
| 17 August 2023 | 5 | – | 7,500 |
| 16 August 2023 | 7 | – | 10,500 |
| 14 August 2023 | 6 | – | 10,000 |
Crop Life Science IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 2,570,000 | 2,570,000 | 5,140,000 |
| 22 Aug 2023 | 1.58 | 6.67 | 4.13 |
| 21 Aug 2023 | 0.78 | 3.90 | 2.34 |
| 18 Aug 2023 | 0.26 | 1.40 | 0.83 |
Crop Life Science IPO Allotment Status
Crop Life Science IPO allotment status will be available on Purva Sharegistry’s website. Click on this link to get allotment status.
Crop Life Science Dates & Listing Performance
| IPO Opening Date | 18 August 2023 |
| IPO Closing Date | 22 August 2023 |
| Finalization of Basis of Allotment | 25 August 2023 |
| Initiation of refunds | 28 August 2023 |
| Transfer of shares to demat accounts | 29 August 2023 |
| IPO Listing Date | 30 August 2023 |
| Opening Price on NSE SME | INR 55.95 per share (up 7.6%) |
| Closing Price on NSE SME | INR 53.15 per share (up 2.21%) |
Crop Life Science Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Phone: +91-9898055647
Email: [email protected]
Website: www.ifinservices.in
Crop Life Science Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone: +91-022 2301 8261
Email: [email protected]
Website: www.purvashare.com
Crop Life Science Contact Details
CROP LIFE SCIENCE LIMITED
209, “Primate”, Near Judges Bunglow Cross Road, Bodakdev,
Ahmedabad – 380015, Gujarat, India
Phone: 079-40373967
E-mail: [email protected]
Website: www.croplifescience.com
IPO FAQs
What is Crop Life Science IPO offer size?
Crop Life Science offer size is INR 26.73 crores.
What is the Crop Life Science offer price band?
Crop Life Science public offer price is INR 52 per share.
What is the lot size of Crop Life Science public offer?
Crop Life Science offer lot size is 2,000 shares.
What is Crop Life Science IPO GMP today?
Crop Life Science IPO GMP today is a discount of INR 5 per share.
What is Crop Life Science kostak rate today?
Crop Life Science kostak rate today is INR NA per application.
What is Crop Life Science Subject to Sauda rate today?
Crop Life Science Subject to Sauda rate today is INR 4,800 per application.
