The Crop Life Science IPO started on August 18, 2023, and ended on August 22, 2023. Shares were allocated on August 25, 2023, and refund processes began on August 28, 2023. On August 29, 2023, the shares were credited to investors demat accounts. Crop Life Science was officially listed on the stock exchange on August 30, 2023.
During the IPO, Crop Life Science offered shares at a price range of ₹52 per share, and the lot size was 2000 shares. The total issue size was ₹26.73 crores, with ₹26.73 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Crop Life IPO Subscription Update Video
Crop Life Science IPO Subscription Status
The Crop Life Science IPO on August 22, 2023 was subscribed 4.36 times, with the retail category being subscribed 7.15 times, the other category being subscribed 1.56 times.
Category | Subscription |
Other | 1.56x |
Retail | 7.15x |
Total | 4.36 |
Crop Life Science IPO Basic Details
Company Name | Crop Life Science Limited |
Domain of Company | Production, Distribution, and Promotion of Agrochemical Formulations |
IPO Open Date | August 18, 2023 |
IPO Close Date | August 22, 2023 |
IPO Allotment Date | August 25, 2023 |
IPO Listing Date | 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 |
Company Promoters | Rajesh Lunagariya And Ashvinkumar Lunagaria |
About Crop Life Science Limited
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.
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Crop Life Science IPO FAQs
What is the start and end date of Crop Life Science IPO Subscription?
The Crop Life Science IPO started on August 18, 2023, and ended on August 22, 2023.
When does Crop Life Science IPO Subscription open?
The Crop Life Science IPO open on August 18, 2023.
When does Crop Life Science IPO Subscription close?
The Crop Life Science IPO Close on August 22, 2023.
What is the allotment date of Crop Life Science IPO?
The allotment date for Crop Life Science IPO is August 25, 2023.
When is the initial refund date of Crop Life Science IPO?
The initial Refund date for Crop Life Science IPO is August 28, 2023.
When were the shares credited to investors demat accounts for the Crop Life Science IPO?
The shares for the Crop Life Science IPO were credited to investors demat accounts on August 29, 2023.
When will Crop Life Science IPO be listed on the stock market?
Crop Life Science IPO stock market will be listed on August 30, 2023 at 10 am.
What was the price range of the Crop Life Science IPO shares?
The Crop Life Science IPO shares were offered at a price range of ₹00 per share.
What was the lot size for the Crop Life Science IPO shares?
The lot size for the Crop Life Science IPO shares was 2000 shares.
What was the total issue size of the Crop Life Science IPO?
The total issue size of the Crop Life Science IPO was ₹26.73 crores.
How were the shares allocated among different types of investors for the Crop Life Science IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Crop Life Science IPO listed?
The Crop Life Science IPO was listed on the NSE SME.
What is the Crop Life Science IPO Subscription Status?
Crop Life Science IPO is subscribed 4.36 Times.