India Pesticides Limited IPO GMP


Incorporated in 1984, India Pesticides Limited (IPL) is one of the leading agrochemicals manufacturers in India. The company operates in two business verticals; 1 Technicals and 2. Formulations. It manufactures herbicide, fungicide Technicals, and Active Pharmaceuticals Ingredients (APIs). It is the sole Indian manufacturer of several Technicals i.e. Folpet, Thiocarbamate, and Herbicide. The company also manufactures 30+ formulations of insecticides, fungicides, and herbicides. Its Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. However, agrochemical formulations are primarily sold to domestic crop protection manufacturers i.e. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd. Currently, the firm has two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India with an installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.


Below are Details of Grey Market Premium (GMP) and Kostak Rate of India Pesticides Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
251250-60 Rs250 Rs25 Jun 2021
251160 Rs250 Rs24 Jun 2021
2510100 Rs400 Rs22 Jun 2021


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 2 + 1 

Kaal Jul 1 2021 7:21:40 AM
Current GMP

admin Jun 26 2021 1:29:13 AM
Total No.of Application Approx : ~ 1659315 Retail Subscription on the basis of Apps : 8.59 x

Ankit Chheda Jun 25 2021 3:42:34 PM
Apply with full force for decent listing gain. At least 35%.....!!

Mahesh Verma Jun 25 2021 3:40:37 PM
चलो भाई अभी आइपीओ में नया ट्रैंड आया हैं। लिस्टिंग पे नही बेचनेका एक या दो वीक रखलेनेका। फंडामेंटल अच्छा है तो ग्रे मार्केटका भाव आ जायेगा।

Hardik Shah Jun 25 2021 3:39:16 PM
Good Subscription figure for at least 25 -30% listing gain.

Investor Jun 25 2021 3:37:55 PM
ASBA CUT OFF TIME OF DIFFERENT BANKS (Last Day) SBI Bank 2 PM ICICI Bank 3 PM HDFC Bank 4 PM Axis Bank 3 PM Kotak Mahindra Bank 2 PM Punjab National Bank 2 PM Central Bank 4 PM Bank of Baroda 3 PM Corporation Bank 2 PM Andhra Bank 3 PM Canara Bank 4 PM Yes Bank 3 PM Dena Bank 3 PM IDBI Bank 3 PM Bank of India (BoI) 3 PM IndusInd Bank 2 PM RBL Bank 3 PM

R N MODI Jun 25 2021 3:01:44 PM
India Pesticides Limited IPO PREMIUM ??????????

D d tank Jun 25 2021 12:43:52 PM
Dear admin how is yr opinion pl.

Mahesh kumar Jun 25 2021 11:42:48 AM
Fundamental strong company India Pesticides Limited. Apply with full force.

Investors Jun 25 2021 11:14:50 AM
IPL is a very good company coming at attractive 25 PE against industry PE of 45+. A must apply IPO for listing gain as well long term

Admin Jun 24 2021 5:09:15 PM
Subscribe with full force.

V R CHAUHAN Jun 24 2021 11:43:26 AM
Dear admin, Please share your opinion...

Hardik Jun 24 2021 11:25:50 AM
Short term gain only listing

bhavik patel Jun 24 2021 10:15:26 AM
GMP?

Hardik Jun 23 2021 4:41:55 PM
Plus hi khulega bhai subscribe Karo bindaassss

Naresh Jun 23 2021 4:38:21 PM
Dear admin what is yoour openion?