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 OnWednesday, 23-Jun-21
Bid/Offer Closes OnFriday, 25-Jun-21
Price BandRs. 290 - Rs. 296 per equity share
Lot Size50 Shares

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

Bid/Offer Opens On23-Jun-21
Bid/Offer Closes On25-Jun-21
Finalization of Basis of Allotment30-Jun-21
Initiation of Refunds01-Jul-21
Credit of Shares to Demat Acct02-Jul-21
IPO Shares Listing Date05-Jul-21
UPI mandate expiry date11-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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