Crop Life Science Limited IPO opened for subscription

The initial public offering (IPO) of Crop Life Science, the agricultural chemicals manufacturer, opened on August 18. The Crop Life Science IPO is an SME IPO and its subscription period ends on August 22.

Crop Life Science aims to raise ₹26.73 crore for the IPO consisting of fresh issue of 51.40 lakh equity shares aggregating. There is no offer for sale (OFS) component in the Crop Life Science IPO.

Crop Life Science shares will be listed on the NSE EMERGE platform. Crop Life Science IPO price band has been fixed at ₹52 per equity share.

Crop Life Science IPO Dates

Crop Life Science IPO opened for subscription on last Friday, August 18, and will close on Tuesday, August 22.

The basis of allotment of shares will be finalised on August 25 and the company will initiate refunds on August 28, while the shares will be credited to the demat account of allottees on Tuesday, August 29.

Crop Life Science shares are likely to be listed on NSE SME on Wednesday, August 30.

About Crop Life Science

Incorporated in 2006, Crop Life Science Limited is engaged in the business of manufacturing, distributing, and marketing agrochemical formulations.

The company manufactures Agriculture chemicals such as Micro fertilizers and pesticides which includes Insecticides, Fungicides, Herbicides, and Weedicides. Its manufacturing unit is located at GIDC Ankleshwar, Gujarat, spanning 5831.10 Square Meters. The company exports its products to Indonesia, Bangladesh, Egypt, Myanmar, Vietnam, Sudan and other countries.

Crop Life Science's products are registered with the Central Insecticides Board ("CIB"), and approved by the Directorate of Agriculture, Government of Gujarat, and the Gujarat Pollution Control Board ("GPCB").

The company's product portfolio includes more than 85 agro-chemical products.