About Crystal Crop Protection
Chemicals
Crystal Crop Protection follows an integrated business model covering research and development, seed breeding, backward-integrated and technology-enabled manufacturing, and a pan-India distribution network. As of June 30, 2026, the company held 63 PVP registrations across cotton, pearl millet, sorghum and mustard. Its portfolio included over 275 hybrid seed varieties, comprising 111 field crop varieties, 139 vegetable seed varieties and 25 marigold seed varieties. The company reported an innovation index of 24.62%. Its distribution network covered 23 states and four union territories, with 14,717 independent distributors and 36 distribution centres.
IPO_DETAILS_LONG: Crystal Crop Protection IPO is a book-built issue comprising a fresh issue of 1,30,51,580 shares aggregating up to ₹354.77 Cr and an offer for sale of 37,02,694 shares aggregating up to ₹100.71 Cr. The total issue size is 1,67,54,274 shares, aggregating up to ₹455.49 Cr. The price band is ₹259 to ₹272 per share, with a lot size of 55 shares and a face value of ₹10 per share. At the upper price band of ₹272, the minimum retail investment is ₹14,960. The IPO is scheduled to open on November 18, 2026 and close on November 20, 2026. The tentative allotment date is November 23, 2026, and the expected listing date is November 26, 2026 on BSE and NSE. The issue includes an employee discount of ₹25 per share. The company proposes to use ₹247.94 Cr towards repayment or pre-payment of its borrowings and ₹22.06 Cr towards investment in its material subsidiary, Saffire Crop Science Private Limited, for repayment or pre-payment of its borrowings. The remaining proceeds are intended for inorganic growth through acquisitions and strategic initiatives and general corporate purposes. The offer for sale is being made by promoter Ankur Aggarwal, who is selling 37,02,694 shares aggregating up to ₹100.71 Cr.