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Open
18 Aug 2023
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Close
22 Aug 2023
3
Allotment
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Listing
Wed, Aug 30, 2023
Price Band
₹52 per share
Issue Size
51,40,000 shares (agg. up to ₹27 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Aug 30, 2023
Latest GMP
₹-7
Est. Gain
-13.46%
✦ AI Insight
GMP Trend
30-08-2023₹-7Est. ₹45-13.46%
29-08-2023₹-7Est. ₹45-13.46%
28-08-2023₹-6Est. ₹46-11.54%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.19x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 104.72 | 94.58 | 86.30 | 76.45 |
| Total Income | 123.23 | 102.39 | 119.50 | 135.31 |
| Profit After Tax | 4.37 | 2.81 | 3.70 | 3.23 |
| NET Worth | 40.39 | 35.26 | 32.87 | 29.26 |
| Reserves and Surplus | 28.39 | 24.02 | 21.15 | 17.70 |
| Total Borrowing | 26.82 | 20.93 | 17.47 | 15.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aristo Bio-Tech & Lifescience Ltd. | SME | ₹13.05 Cr | ₹72 | 9.46 | ₹84.00 | +16.67% | ₹110.00 (+4.96%) |
| Dharmaj Crop Guard Ltd. | Mainboard | ₹251.09 Cr | ₹237 | 14.55 | ₹266.30 | +12.36% | ₹260.05 (+0.60%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of unsecured Loan | 0.70 |
| 2 | Long-Term Working Capital Requirement | 19.00 |
| 3 | General Corporate Purposes | 6.50 |
About Crop Life Science IPO
Incorporated in 2006, Crop Life Science Limited is engaged in the business of manufacturing, distributing, and marketing agrochemical formulations. The company manufactures Agriculture chemicals such as Micro fertilizers and pesticides which includes Insecticides, Fungicides, Herbicides, and Weedicides. Its manufacturing unit is located at GIDC Ankleshwar, Gujarat, spanning 5831.10 Square Meters. The company exports its products to Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, Sudan and other countries. Crop Life Science's products are registered with the Central Insecticides Board ("CIB"), and approved by the Directorate of Agriculture, Government of Gujarat, and the Gujarat Pollution Control Board ("GPCB"). The company's product portfolio includes more than 85 agro-chemical products.+ Read More
Contact Details
Crop Life Science Ltd. Address209, Near Judges Bunglow Cross RoadBodakdevAhmedabad, Gujarat, 380015079-40373967cs@croplifescience.comVisit Website