ListedMainboardIPL

India Pesticides Limited

India Pesticides Limited is a mainboard IPO raising ₹800 Cr at ₹290 – ₹296 a share. It listed on 5 Jul 2021 and trades at ₹151 today, −49.2% against its issue price of ₹296. It was subscribed 29× in total.

296
Issue price
151
Price now
−49.2%
Since issue price
5 Jul 2021
Listed on
29×Subscribed (final) · all exchanges

29.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹290 – ₹296
Cut-off price₹296
Issue size₹800 Cr
Shares per lot50
Minimum application₹14,800
Minimum quantity50
Face value₹1
Listing exchanges
ISININE0D6701023
Bidding hours10:00 – 17:00 IST
Bidding window23 Jun 2021 – 25 Jun 2021

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.