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IPL

Small Cap | Agro Chemicals

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About India Pesticides

India Perticides Limited was incorporated on 13th December 1984 and having its registered office at Bareilly, Uttar Pradesh, India. The Company is engaged in Agri Chemicals' business which primarily includes manufacture, sale and distribution of insecticides, fungicides, herbicide and various other agrochemical products. The Company has its own manufacturing site for agrochemical production at Sandila and Dewa Road in Uttar Pradesh. As per recommendation of the Board of Directors dated 10 December, 2020 and approval of the shareholders obtained in Annual general Meeting dated 21 December, 2020, the Company has increased its existing authorised share capital to Rs. 15,00,00,000 consisting of 15,00,000 equity shares of face value of Rs.100 each. Further, the existing equity shares were split into 15,00,00,000 equity shares of face value of Re 1 each by obtaining shareholders' approval in the Extra Ordinary General Meeting held on 28 December, 202O. As per recommendation of the Board of Directors dated 21 December, 2020 and approval of the shareholders dated 28 December, 2020, the Company has issued 7,95,81,250 bonus equity shares of face value of Rs 1 each in the ratio of 2.5: 1 (i.e. 5 (Five) Bonus Shares for every 2 (Two) Equity Share to the shareholders of the Company. The Company has allotted 79581250 Bonus equity shares on 22 January 2021. As per recommendation of the Board of Directors dated 23 January, 2021 and approval of the shareholders dated 25 January, 2021, the Company has issued 3,71,380 equity shares of face value of Rs. 1 each at a premium of Rs. 32.70 per share on preferential basis to Mr. Arun Kishanlal Bagaria and Mrs. Madhu Arun Bagaria and allotted 1,85,690 equity shares to Mr. Arun Kishanlal Bagaria and 1,85,690 equity shares to Mrs. Madhu Arun Bagaria respectively on 28 January, 2021. The Company has filed DRHP on 09.02.2021 with SEBl for its Initial Public Offer (IPO) with issue size of Rs. 800 Crore and Initial Public Offering (IPO) of Company comprised of a fresh issue of Rs. 100 Crore and an offer for sale of Rs. 700 Crore, by selling shareholders. The Company has received in principle Approvals from both BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE') dated 10 March 2021 and 18 March 2021 respectively. The Company has one Wholly Owned Subsidiary having name Shalvis Specialities Limited w.e.f. 18.01.2021. SSL was incorporated on 18 January 2021 as a public company limited and engaged in manufacturing and trading of all types of agricultural chemicals and pesticides. The company has completed Initial Public Offer(IPO) of 2,70,27,026 Equity Shares of the face value of Re. 1 each at an issue price of Rs. 296/- per Equity Share, comprising offer for sale of 23648648 shares by selling shareholders and fresh issue of 3378378 shares. The Equity Shares of the Company were allotted on 01 July 2021 and were listed on 05 July 2021 on BSE Limited and the National StockExchange of India Limited.

Parent Organisation
Indian Private
Managing Director
Anand Swarup Agarwal
Founded
1984
NSE Symbol
IPL

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10th July 2024
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AngelOne
10th July 2024
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India Pesticides Ltd FAQs

India Pesticides Ltd (IPL) share price as of July 26, 2024, on NSE is Rs 215.48 (NSE) and Rs 215.48 (BSE) on BSE.
Yes, You can buy India Pesticides Ltd (IPL) shares by opening a Demat account with Angel One.
India Pesticides Ltd (IPL) share can be bought through the following modes:
1. Direct investment: You can buy India Pesticides Ltd (IPL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to India Pesticides Ltd (IPL) shares.
The main business of India Pesticides is to produce herbicides, active pharmaceuticals ingredients (APIs), and fungicide technical, including folpet and thiocarbamate herbicides. It got listed on the Indian bourses in 2021.
Some of the main promoters of India Pesticides are Anand Swarup Agarwal, PSA Family Trust, Sudha Agarwal, ASA Family Trust, MSA Family Trust, Virendra Swarup Agarwal, VSA Family Trust, Anurag Swarup Agarwal, Vishal Swarup Agarwal, Vishwas Swarup Agarwal, Pramod Swarup Agarwal, and Sanju Agarwal.
The only wholly-owned subsidiary that comes under India Pesticides is Shalvis Specialities Limited.
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