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Indogulf Cropsciences IPO

Agrochemicals - Listed on 03 July 2025

0.0% listing gain
Issue Price (Upper)
Rs 111
Listing Price
Rs 111
Closing Price (NSE)
Rs 110.35
Total Subscription
25.98x

Indogulf Cropsciences IPO listing summary

Indogulf Cropsciences (Agrochemicals) closed its IPO window in 2025 and listed on NSE and BSE on 03 July 2025 at an upper band issue price of Rs 111, opening at Rs 111 for a listing gain of 0.0% and closing day one at Rs 110.35 (-0.6% on closing basis). The IPO was subscribed 25.98x overall - QIB 33.26x, HNI/NII 48.39x, Retail 14.77x. The total issue size was Rs 200 Cr (Fresh Issue Rs 160 Cr, OFS Rs 40 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
0.00%
Listing Gain (Close)
-0.59%
Day Change After Listing
-0.59%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB33.26x
HNI / NII48.39x
Retail14.77x
Overall25.98x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.39x
Day 20.94x
Day 3 (Final)25.98x

Indogulf Cropsciences IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 10+9.01%
Day 2Rs 12+10.81%
Day 3Rs 12+10.81%
Day 4Rs 10+9.01%
Day 5Rs 8+7.21%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
7.2%-10.8%
IPOGyani AI Prediction
-
Actual Listing Gain
0.0%

Issue & financials

Issue SizeRs 200 Cr
Fresh IssueRs 160 Cr
OFSRs 40 Cr
IPO PE24.16
Peer / Sector PE24.76
PE vs Sector Ratio1.22
Latest EBITDA (Cr)10.09
Debt / Equity0.67

Market context at listing

How the broader market moved around the Indogulf Cropsciences IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.01%
Nifty 1W Return+0.02%
Nifty 1M Return+0.01%
Nifty during IPO window+0.02%

Indogulf Cropsciences IPO - FAQs

What was the listing gain of Indogulf Cropsciences IPO?

Indogulf Cropsciences IPO listed at 0.0% versus the upper issue price of Rs 111 on 03 July 2025.

How many times was Indogulf Cropsciences IPO subscribed?

Indogulf Cropsciences IPO was subscribed 25.98x overall. QIB portion was subscribed 33.26x, HNI / NII 48.39x and Retail 14.77x.

What was the IPO GMP for Indogulf Cropsciences?

IPO GMP started at Rs 10 on Day 1 and moved to Rs 8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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