Key Objective
Initial public offering of up to [*] equity shares of face value of Rs. 10 each (equity shares) of Indogulf Cropsciences Limited (company or issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to [*] million (the offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 160.00 crores by the company (fresh issue) and an offer for sale of up to 3,603,603 equity shares aggregating up to Rs. [*] crores (offered shares) by the selling shareholders (offer for sale, and together with fresh issue, the offer), comprising up to 1,540,960 equity shares aggregating up to Rs. [*] crores by Om Prakash Aggarwal (HUF) and up to 2,062,643 equity shares aggregating up to Rs. [*] crores by Sanjay Aggarwal (HUF) (selling shareholders). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company.
The offer includes a reservation of up to [*] equity shares of face value Rs. 10 each, aggregating up to Rs. 6.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital, for subscription by eligible employees (employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company.
Price Band: Rs. 105 to Rs. 111 per equity share of face value of Rs. 10 each.
The floor price is 10.5 times of the face value and the cap price is 11.1 times of the face value.
Bids can be made for the minimum of 135 equity shares and in multiples of 135 equity shares thereafter.
A discount of Rs. 11 per equity share is being offered to eligible employees bidding in the employee reservation portion.