Indogulf Cropsciences Limited is engaged in manufacturing crop protection products, plant nutrients, and biologicals in India. The company manufactured Spiromesifen technical with 96.5% purity in 2019 and is one of the first indigenous manufacturers of Pyrazosulfuron Ethyl technical with 97% purity in India.

The company operates four manufacturing facilities in Samba (Jammu & Kashmir) and Nathupur (Haryana), covering approximately twenty acres, including two sites in Nathupur and one in Barwasni, Haryana. The company has a sales network across 22 states and 3 Union Territories in India, with 169 business partners, 5,772 distributors, and 129 partners in 34 countries worldwide.

The company’s flexible, multi-purpose facilities allow diverse product manufacturing, adapting to customer needs. Its competitive advantage is strengthened by high regulatory barriers in the agrochemical industry, including costs and complex approvals.

Product Portfolio: I) Plant Nutrients, II) Crop Protection Products & III) Biologicals

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• Diversified product portfolio and specialized products across all three verticals.
• Established distribution network in India and abroad.
• Backward integrated manufacturing infrastructure.
• Strong R&D and product development capabilities.
• Experienced Promoters and a strong management team.

• Funding working capital requirements of our Company
• Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
• Capital expenditure of our Company for setting up an in-house dry flowable (DF) plant at Barwasni, District Sonipat, Haryana.
• General Corporate Purposes.

At the upper band of IPO Rs. 111, the stock is valued at 9.25 times. Hence, well-informed investors subscribe for long term.