India Pesticides Ltd., an agro-chemical manufacturing company is likely to declare the allotment of its Initial Public Offering (IPO) today, 1st July 2021. The issue had opened on 23 June and ended on 25 June 2021 with the price band for the offering fixed at Rs. 290 to 296 per share.
The Initial Public Offering also contained a fresh issue of Rs. 100 crore & an offer for sale of Rs. 700 crore. Proceeds from the fresh issue will be used towards backing the working capital requirements as well as general corporate purposes.
It is important to mention that the IPO received a good response as Rs. 800-crore Initial Public Offering got bids for 56.07 crore (56,07,11,650) shares against 1.93 crore (1,93,10,345) shares on offer.
Check India Pesticides Limited IPO Allotment Status on Stock Exchanges Website
Once the company allots the shares, you can check the allotment status either on NSE website or BSE website;
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Go to the official website of BSE - https://www.bseindia.com/index.html
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At the homepage, select 'Equity' as issue type & 'India Pesticides' from the dropdown
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Now enter your application and PAN number as mentioned there
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Then click on 'Search' button after entering the required details
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Your IPO allotment status will be displayed on the screen (if shares are allotted).
Check India Pesticides Limited IPO Allotment Status on Registrar's Website
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Go to the registrar's website - https://linkintime.co.in/MIPO/Ipoallotment.html
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Select the link that reads 'India Pesticides' under company
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Enter your PAN / application number / client ID as required
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Then enter the Captcha & 'Submit'
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Your IPO allotment status will appear on the screen
About India Pesticides
India Pesticides is a research and development-focused agrochemical technical firm, with growing formulations business in herbicides, insecticides & fungicide segments. The company also manufactures active pharmaceutical ingredients.
