Crop Life Science Ltd
Price Range
₹52
Min. Quantity
2,000
Closes on
22 August 2023
Min. investment
₹1,04,000/2,000 Shares
Crop Life Science Ltd IPO Timeline
Crop Life Science Ltd was incorporated vide certificate of incorporation dated May 24, 2006 issued by the Asstt. Registrar of Companies, Ahmedabad. The Company commenced business in year 2006, which is engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations. Agriculture chemicals consists of Pesticides and Micro Fertilizer, moreover, the pesticides including Insecticides, Fungicides, Herbicides and Weedicides. In the year 2006, the Company took over a Plot of land from Gujarat Industrial Development Corporation (GIDC) for its manufacturing unit at GIDC Ankleshwar, in Gujarat.
| Event | Date |
|---|---|
| Crop Life Science Ltd IPO Opening Date | 18 August 2023 |
| Crop Life Science Ltd IPO Closing Date | 22 August 2023 |
| Basis of Allotment | 25 August 2023 |
| Initiation of Refunds | 28 August 2023 |
| Credit of Shares to Demat | 29 August 2023 |
| Crop Life Science Ltd IPO Listing Date | 30 August 2023 |
Crop Life Science Ltd IPO Details
| Crop Life Science Ltd IPO Date | 18 August 2023 to 22 August 2023 |
| Crop Life Science Ltd IPO Face Value | ₹10 per share |
| Crop Life Science Ltd IPO Price | ₹52 to ₹0 per share |
| Crop Life Science Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹26.73 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹26.73 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rajesh Lunagariya, Ashvinkumar Lunagaria |
Crop Life Science Ltd IPO Lot Size
The Crop Life Science Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,04,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,04,000 |
| Maximum | 1 | 2,000 | ₹1,04,000 |
- Strengths
- Risks
- Opportunities
- Its Wide and variety range of products.
- Extensive Distribution Network.
- Experienced promoters, directors and managerial Team.
- Prime Location of its factories.
- Quality Assurance.
Company Financials
Crop Life Science Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 172.51 | 200.71 | 6.04 |
| 03-2023 | 101.59 | 132.03 | 4.07 |
| 03-2022 | 94.58 | 102.39 | 2.81 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of unsecured Loan
- Long Term Working Capital Requirement
- General Corporate Purposes
Crop Life Science Ltd IPO Promoter Holding
| Pre Issue Share Holding | 47.63% |
| Post Issue Share Holding | 33.35% |
Crop Life Science Ltd IPO Subscription Status (Bidding Detail)
The Crop Life Science Ltd IPO is subscribed 4.1844 times on 22 August 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 4.1844 |
Crop Life Science Ltd IPO Prospectus
Crop Life Science Ltd IPO Listing Date
| Listing Date | 30 August 2023 |
| BSE Script | 79036 |
| NSE Symbol | CLSL |
| Listing In | NSE - SME |
| ISIN | INE00NH01017 |
| IPO Price | ₹52 |
| Face Value | ₹10 |
Company Contact Information
209 Primate Near Judges-Bunglow Cross Road Bodakdev,Ahmedabad-380015
Phone: 079-40373967
Email: cs@croplifescience.com
Website: www.croplifescience.com
Crop Life Science Ltd IPO Registrar
Crop Life Science Ltd IPO Lead Manager(s)
- Interactive Financial Services Ltd
FAQ
What is the issue size of Crop Life Science Ltd IPO?
I have pre-applied for Crop Life Science Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.