The basis of allotment for Indogulf Cropsciences IPO will be announced today, 1 July 2025. The bidding window was open from June 26, 2025, to June 30, 2025, during which the IPO received 34,72,66,305 bids against 1,33,65,710 total shares offered.
Indogulf Cropsciences IPO is a bookbuilding issue of ₹200.00 crores, consisting of a fresh issue of ₹160.00 crores and an OFS (offer for sale) component of ₹40.00 crores. The price band is set between ₹105 and ₹111 per share.
Systematix Corporate Services Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar for the Indogulf Cropsciences IPO.
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[30 June, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers(QIBs) |
33.26 |
Non-Institutional Investors |
48.39 |
Retail Individual Investors(RIIs) |
14.78 |
Employees |
1.09 |
Total |
25.98 |
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The net proceeds from the fresh issue will be used towards the following objectives:
As of 1 July 2025, Indogulf Cropsciences IPO GMP stood at ₹12. The expected listing price is ₹123, i.e., a 10.81% gain per share over the upper price band.
Source: Business Standard Report dated 1 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
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