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MarketCircularsDaily Updates
June 22, 2021
210

IPO Alert: India Pesticides Limited

This company was incorporated in 1984 and is one of the leading agrochemical manufacturers in the country. It is the sole Indian manufacturer of Folpet, Thiocarbamate, and Herbicide, and exports to more than 20 countries including Australia, Africa and Europe.

Bid/Offer Opens On Wednesday, 23-Jun-21
Bid/Offer Closes On Friday, 25-Jun-21
Price Band Rs. 290 - Rs. 296 per equity share
Lot Size 50 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Bid/Offer Opens On 23-Jun-21
Bid/Offer Closes On 25-Jun-21
Finalization of Basis of Allotment 30-Jun-21
Initiation of Refunds 01-Jul-21
Credit of Shares to Demat Acct 02-Jul-21
IPO Shares Listing Date 05-Jul-21
UPI mandate expiry date 11-Jul-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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