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India Pesticides Ltd

India Pesticides Ltd

    Registered Office : 35-A Civil Linea,,Bareilly Uttar Pradesh 243001 Phone : 91-0581-2567459
    Fax :

    Email : investor@indiapesticideslimited.com

    Website : www.indiapesticideslimited.com

Initial Public Offer of 27,027,026* equity shares of face value of Re.1 each ("equity shares") of India Pesticides Limited ("company" or "issuer") for cash at a price of Rs.296 per equity share (including a share premium of Rs.295 per equity share) aggregating up to Rs.800 Crores (the "offer") comprising a fresh issue of 3,378,378* equity shares aggregating up to Rs.100 Crores (the "fresh issue") and an offer for sale of 23,648,648* equity shares, including 9,506,758* equity shares aggregating up to Rs.281.4 Crores by Anand Swarup Agarwal (the "promoter selling shareholder") and 14,141,890* equity shares aggregating up to Rs.418.6 Crores, by the other selling shareholders (as defined hereafter, and collectively with the promoter selling shareholder, referred to as the "selling shareholders", and such equity shares, the "offered shares") aggregating up to Rs.700 Crores (the "offer for sale"). The offer shall constitute 23.47% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Re.1 each. The offer price is Rs.296 per equity share and is 296 times the face value of the equity shares. *Subject to finalisation of Basis of Allotment.

Issue

Opens On

Closes On

23-Jun-2021

25-Jun-2021

Money Payable On

Application

Allotment

296.00

0.00

Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

100.00

800.00

11.52

296.00

Axis Capital Ltd

JM Financial Ltd

Projects
  • Funding Working Capital Requirements of the Company
  • General Corporate Purpose
Promoted By
  • Anand Swarup Agarwal
  • The Asa Family Trust
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd