Crop Life Science IPO Details ( Crop Life Science Limited IPO Review )
(18 Aug 2023 – 22 Aug 2023)
Established in 2006, Crop Life Science Limited is actively involved in the production, distribution, and promotion of agrochemical formulations.
The organization specializes in the creation of agricultural substances, such as Micro fertilizers and pesticides, encompassing Insecticides, Fungicides, Herbicides, and Weedicides. Its production facility is situated at GIDC Ankleshwar, Gujarat, spanning an area of 5831.10 Square Meters. The company effectively exports its merchandise to various nations including Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, and Sudan.
Crop Life Science’s offerings are officially registered with the Central Insecticides Board (“CIB”) and have received approval from the Directorate of Agriculture, Government of Gujarat, as well as the Gujarat Pollution Control Board (“GPCB”).
The company boasts an extensive product lineup, comprising over 85 diverse agro-chemical products.
Crop Life Science Limited Company Product
- Insecticides
- Fungicides
- Weedicides
- Micro Fertilizers
Crop Life Science Limited IPO Competitive Strength
- Our wide and varied range of Products
- Extensive distribution network
- Experienced Promoters, Directors and Management team
- Prime Location of our Factory (Manufacturing Units)
- Quality Assurance
Crop Life Science IPO Financials Performance ( Results )
Crop Life Science Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 7,645.16 | 13,531.18 | 323.00 | 2.69 | 2,925.61 | 1,770.01 | 1,594.40 | |
| 31-Mar-21 | 8,630.18 | 11,950.18 | 370.46 | 3.09 | 3,287.06 | 2,114.88 | 1,747.29 | |
| 31-Mar-22 | 9,457.75 | 10,238.92 | 281.41 | 2.35 | 3,526.33 | 30.02 | 2,401.86 | 2,093.03 |
| 31-Mar-23 | 10,471.64 | 12,323.43 | 436.66 | 4,038.51 | 33.65 | 2,838.51 | 2,682.32 |
Objective of IPO Issue
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
Crop Life Science IPO Basic Details
| IPO Date | Aug 18, 2023 to Aug 22, 2023 |
| Listing Date | Wednesday, August 30, 2023 |
| Face Value | ₹10 per share |
| Price | ₹52 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,140,000 shares (aggregating up to ₹26.73 Cr) |
| Fresh Issue | 5,140,000 shares (aggregating up to ₹26.73 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,000,000 |
| Share holding post issue | 17,140,000 |
| Company Promoters | Rajesh Lunagariya And Ashvinkumar Lunagaria |
Crop Life Science IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Crop Life IPO Timetable
Crop Life IPO will open on August 18, 2023 and close on August 22, 2023. You can join Crop Life IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 18 August 2023 (Friday) |
| Closing Date | 22 August 2023 (Tuesday) |
| Basis of Allotment | 25 August 2023 (Friday) |
| Initiation of Refunds | 28 August 2023 (Monday) |
| Credit of Shares to Demat | 29 August 2023 (Tuesday) |
| Listing Date | 30 August 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 22 August 2023 |
Crop Life Science IPO Lot Size
For retail investors in Crop Life Science IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹104,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹104,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹104,000 |
| Retail (Max) | 1 | 2000 | ₹104,000 |
| S-HNI (Min) | 2 | 4000 | ₹208,000 |
Crop Life Science IPO Promoter Holding
The company’s promoters include Mr. Rajesh Lunagariya and Mr. Ashvinkumar Lunagaria.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.01% |
Crop Life Science Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹3.64 per Equity Share |
| Net Asset Value (NAV) | ₹33.65 per Equity Share |
| P/E Ratio (P/E) (x) | 18.71 |
| Return on Net Worth (RoNW) (%) | 11.54 |
| Return on equity (ROE) (%) | 11.54 |
| Return on Capital Employed (ROCE) (%) | 18.63 |
| Debt/Equity Ratio | 0.68 |
Crop Life Science Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Crop Life Science Limited | Standalone | 52 | 10.00 | 2.35 | 22.13 | 7.97 | 30.02 |
| Peer Group | |||||||
| Aristo Bio-Tech and Lifescience Limited | Standalone | 72.85 | 10.00 | 2.87 | 25.38 | 9.65 | 29.76 |
| Dharmaj Crop Guard Limited | Standalone | 200.60 | 10.00 | 11.62 | 17.26 | 33.84 | 34.40 |
| Heranba Industries Limited | Standalone | 370.00 | 10.00 | 47.25 | 7.83 | 26.46 | 178.56 |
Crop Life Science IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 28 August 2023 | ₹-6 | – | – |
| 27 August 2023 | ₹-6 | – | – |
| 26 August 2023 | ₹-6 | – | – |
| 25 August 2023 | ₹-6 | – | – |
| 24 August 2023 | ₹-5 | – | – |
| 23 August 2023 | ₹-5 | – | – |
| 22 August 2023 | ₹-4 | – | – |
| 21 August 2023 | ₹-4 | – | – |
| 20 August 2023 | ₹0 | – | – |
| 19 August 2023 | ₹0 | – | – |
| 18 August 2023 | ₹0 | – | – |
| 17 August 2023 | ₹0 | – | – |
| 16 August 2023 | ₹3 | – | – |
| 15 August 2023 | ₹3 | – | – |
| 14 August 2023 | ₹7 | – | – |
Crop Life Science IPO Detail Video:
Crop Life Science IPO Subscription Status (Bidding Detail)
The Crop Life Science IPO on August 22, 2023 at 7:29:00 PM was subscribed 4.36 times, with the retail category being subscribed 7.15 times, other category being subscribed 1.56 times.
| Category | Subscription |
| Other | 1.56x |
| Retail | 7.15x |
| Total | 4.36x |
Crop Life Science IPO Prospectus
| Crop Life Science IPO DRHP | Download |
| Crop Life Science IPO RHP | Download |
| Crop Life Science IPO Anchor Investors Details PDF | Download |
Crop Life Science IPO Rating
| Our Rating | 2.5/5.0 |
Crop Life Science Company Contact Information
Crop Life Science Limited
Registered office: 209, “Primate”, Near Judges Bunglow Cross Road,
Bodakdev, Ahmedabad – 380015, Gujarat, India
Tel No.: 079-40373967
Website: www.croplifescience.com
E-Mail: cs@croplifescience.com
Contact Person: Sherry Kallil Sunny, Company Secretary and Compliance Officer
Promoter Of The Company: Rajesh Lunagariya And Ashvinkumar Lunagaria
Crop Life Science IPO Registrar
Purva Sharegistry (India) Private Limited
Address: 9, Shiv Shakti Industrial Estate, J.R. Boricha
Marg, Lower Parel (East) Mumbai-400011,
Maharashtra India
Tel No: +91-022 2301 8261
Fax No.: +91-022-2301 2517
Website: www.purvashare.com
E-Mail: support@purvashare.com
Investor Grievance Email: support@purvashare.com
Contact Person: Ms. Deepali Dhuri
SEBI Reg. No.: INR000001112
Crop Life Science IPO Lead Manager
Interactive Financial Services Limited
Address: 612, 6th Floor, Shree Balaji Heights, Kokilaben
Vyas Marg, Ellisbridge, Ahmedabad – 380 009, Gujarat,
India
Tel No.: 079 46019796
(M): +91-9898055647
Website: www.ifinservices.in
Email: mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Pradip Sandhir
SEBI Reg. No.: INM000012856
Crop Life Science IPO FAQs
What is the lot size of Crop Life Science IPO?
The total size of Crop Life Science IPO is ₹26.73 crores and this is a complete fresh Issue.
When will Crop Life Science IPO start?
Crop Life Science IPO will open from 18 August 2023 and IPO will close on 22 August 2023.
What is the open date of Crop Life Science IPO?
Crop Life Science IPO will open date from 18 August 2023.
What is the last date ( close date ) of Crop Life Science IPO?
Crop Life Science IPO will close from 22 August 2023.
What is the price band of Crop Life Science IPO?
Crop Life Science IPO price band is ₹52.
What is the minimum amount required to apply for Crop Life Science IPO?
The minimum investment for retailers to apply for Crop Life Science IPO is ₹104,000 and the maximum investment is ₹104,000.
What is going on gray market premium of Crop Life Science IPO?
View gray market premium of Crop Life Science IPO by Clicking Here
How much is the GMP of Crop Life Science IPO?
Watch Crop Life Science IPO GMP Today: Click Here
What is the allotment date of Crop Life Science IPO?
The allotment date of Crop Life Science IPO is 25 August 2023.
How to check allotment status in Crop Life Science IPO?
To check the allotment status of Crop Life Science IPO, first of all go to the registrar website by clicking here, select your bad Crop Life Science IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Crop Life Science IPO?
The listing date of Crop Life Science IPO is 30 August 2023.
How much will be the listing gain in Crop Life Science IPO?
View listing gain of Crop Life Science IPO by Clicking Here
How much time Crop Life Science IPO is subscribed?
Total 4.36 times subscribed in Crop Life Science IPO out of which 7.15 times subscription was done in retail quota, 1.56 times subscription in other quota.
How to apply for Crop Life Science IPO from Upstox?
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How to apply for Crop Life Science IPO from Zerodha?
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How to apply for Crop Life Science IPO from Angle One?
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