Indogulf Cropsciences ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
Indogulf Cropsciences is an Indian company situated in New Delhi that makes products to help farmers. They sell over 400 different items, including chemicals, fertilisers, and natural products that support plant health. The company has factories in Jammu & Kashmir and Haryana, where they also produce the raw materials for pesticides. They sell their products across India and also ship them to over 34 countries. The Indian government has recognised them as a “Two-Star Export House” for their success in exporting products.
- 1 What is the Indogulf Cropsciences Ltd IPO?
- 2 Indogulf Cropsciences IPO Details
- 3 Indogulf Cropsciences share price Target Tomorrow
- 4 Indogulf Cropsciences share price Target 2025
- 5 Indogulf Cropsciences share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Indogulf Cropsciences share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Indogulf Cropsciences stock?
- 13 Indogulf Cropsciences earnings results (Financials)
- 14 Is Indogulf Cropsciences stock good to buy? (bull case & bear case)
- 15 Indogulf Cropsciences IPO Promoter Holding
- 16 Objects of the Issue (Indogulf Cropsciences IPO Objectives)
- 17 Indogulf Cropsciences ipo gmp
- 18 Conclusion
- 19 FAQs
What is the Indogulf Cropsciences Ltd IPO?
Indogulf Cropsciences is a farming products company established in 1993 in Delhi by Mahendra Kumar Goyal. The company makes and sells chemicals that help protect crops from insects and diseases, help plants grow better, and support organic farming. It produces both raw materials and ready-to-use products such as insect killers, weed removers, fungus control sprays, and plant growth boosters. These are sold under brand names like Farrate, Dominator, and Breeza. It has four factories, one in Jammu & Kashmir to make raw chemicals and three in Haryana to make finished products.
Indogulf Cropsciences IPO Details
IPO Date | June 26, 2025 to June 30, 2025 |
Listing Date | [.] |
Face Value | Shareholding Pre Issue |
Price Band | ₹105 to ₹111 per share |
Minimum Investment | ₹14175 |
Lot Size | 135 Shares |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Shareholding Post Issue | 4,87,87,456 shares |
Share Holding Post Issue | 6,32,01,870 shares |
It has a decent value in the market and earns a fair profit from the money it uses in the business. Its sales and profits have been growing slowly over time. But the company takes a long time to get paid after selling its products, so it needs more money to keep things running. Compared to other similar companies, its stock price is reasonable, and its overall performance is stable.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -11 | +29 |
It has added more products in areas like crop protection, plant nutrition, and natural farming solutions. It makes different types of products in its factories, such as powders, liquid mixtures, and capsules. The company owns many brand names, copyrights, design rights, and product licenses in different countries, and is working on getting approval for more products in the future. India has a wide network of partners, distributors, storage centres, and branch offices to sell its products. It also works with many business partners in other countries, showing that it is growing its business globally. In 2025, its share price target would be ₹254, as per our analysis.
By our prediction, its share price would be between ₹88 to ₹254 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 88 | 254 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 95 | 152 |
February | 90 | 167 |
March | 88 | 172 |
April | 97 | 179 |
May | 110 | 185 |
June | 117 | 190 |
July | 129 | 198 |
August | 138 | 207 |
September | 145 | 214 |
October | 152 | 238 |
November | 160 | 247 |
December | 175 | 254 |
The company owns many trademarks, copyrights, design registrations, and product approvals in several countries. It has many new products being prepared for future approvals, showing plans to expand further in both India and abroad. In India, the company works with a large network of partners, distributors, stock depots, and branch offices, and it also has business ties with partners in many other countries. In 2026, its share price target would be ₹384, as per our prediction.
Its share price would be between ₹175 to ₹384 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 175 | 384 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 175 | 269 |
February | 184 | 278 |
March | 190 | 289 |
April | 198 | 300 |
May | 214 | 307 |
June | 227 | 314 |
July | 239 | 320 |
August | 254 | 329 |
September | 268 | 342 |
October | 278 | 358 |
November | 284 | 369 |
December | 335 | 384 |
It has a research lab at its Nathupur site in Haryana, where a team of experts, including scientists, crop specialists, chemists, and biologists, work on making new products, improving current ones, and following rules needed to sell in India and other countries. The lab has special tools and machines to help the team do their work well. In 2027, its share price target would be ₹410, as per our prediction.
Its share price would be between ₹335 to ₹410 in 2027, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 335 | 410 |
It uses different methods to reach and connect with people, like social media, news updates, events, and its website, all handled by its own team. This helps the company stay connected with customers. It also has a research lab, where a team of experts works on making better products and improving how things are done. The lab has modern tools that help the company follow rules and sell its products in India and other countries. In 2028, its share price target would be ₹527, as per our analysis.
By our prediction, its share price would be between ₹365 to ₹527 in 2028.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 365 | 527 |
The company manufactures Spiromesifen and is also one of the first Indian producers of Pyrazosulfuron Ethyl. It operates multiple factories located across areas in Jammu & Kashmir and Haryana. The company has a strong sales network across many states and Union Territories in India, along with partnerships in several countries around the world. Its factories are flexible and can produce a variety of products based on customer needs. This flexibility, combined with the strict rules and high costs in the agrochemical industry, gives the company a strong position in the market. In 2029, its share price target would be ₹647, as per our analysis.
By our prediction, its share price would be between ₹472 to ₹647 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 472 | 647 |
Its product range includes Plant Nutrients such as special fertilisers, bio-stimulants, and soil health products that help improve soil quality, root growth, and crop yields. It also produces Crop Protection Products like insecticides, fungicides, herbicides, and bio-stimulants to protect crops from pests, diseases, and weeds. Additionally, the company offers Biologicals like Biogold, Indo Breeza, and Indo Mycoriza to support healthy crop growth, better nutrient use, stress resistance, and sustainable farming. In 2030, its share price target would be ₹785, as per our prediction.
Its share price would be between ₹590 to ₹785 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 590 | 785 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 590 | 684 |
February | 625 | 698 |
March | 635 | 707 |
April | 649 | 719 |
May | 658 | 729 |
June | 669 | 742 |
July | 680 | 753 |
August | 682 | 762 |
September | 681 | 775 |
October | 681 | 781 |
November | 690 | 790 |
December | 711 | 800 |
It makes a wide variety of products, which helps meet different customer needs and reduces the risk of depending on just one product. It has a strong network to sell its products in India and other countries, which helps it reach more customers. The company also makes many of its materials, which helps lower costs and keep product quality high. It has a good team for research and development, which helps it create new and better products. In 2040, its share price target would be ₹1572, as per our analysis.
By our prediction, its share price would be between ₹1358 to ₹1572 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 1358 | 1572 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1358 | 1474 |
February | 1381 | 1490 |
March | 1400 | 1501 |
April | 1417 | 1518 |
May | 1415 | 1526 |
June | 1458 | 1542 |
July | 1475 | 1557 |
August | 1482 | 1568 |
September | 1490 | 1584 |
October | 1500 | 1614 |
November | 1511 | 1632 |
December | 1525 | 1558 |
The company makes and sells many types of products in different forms, like powders, liquids, and granules. These products come in various types, such as sprays, granules that mix with water, and other special mixtures, and are used for crops like grains, pulses, oilseeds, cotton, fruits, vegetables, and plantations. Most of its earnings come from its crop protection products, which help protect crops from pests and diseases. The company also makes products for other companies based on their specific needs. In 2050, its share price target would be ₹3257, as per our prediction.
Its share price would be between ₹2978 to ₹3257 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 2978 | 3257 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 2978 | 3070 |
February | 2989 | 3082 |
March | 3009 | 3090 |
April | 3019 | 3114 |
May | 3027 | 3127 |
June | 3035 | 3140 |
July | 3047 | 3152 |
August | 3058 | 3174 |
September | 3074 | 3185 |
October | 3082 | 3190 |
November | 3090 | 3217 |
December | 3142 | 3257 |
Should I buy Indogulf Cropsciences stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 88 | 254 |
2026 | 175 | 384 |
2027 | 335 | 410 |
2028 | 365 | 527 |
2029 | 472 | 647 |
2030 | 590 | 785 |
2040 | 1358 | 1572 |
2050 | 2978 | 3257 |
It makes lots of farming products used in India and sold to many other countries. They have good systems to make and sell their products and a team that works on making new ones. The company controls its costs well and has many different products, including some special ones. But its sales are growing slowly, and most of its income comes from crop protection products. If you want to invest for the long term in a stable farming company, this stock could be a good choice.
Indogulf Cropsciences earnings results (Financials)
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 492 | 443 | 486 | 551 | 553 |
Expenses + | 457 | 404 | 442 | 501 | 493 |
Operating Profit | 35 | 39 | 45 | 49 | 60 |
OPM % | 7% | 9% | 9% | 9% | 11% |
Other Income + | 3 | 2 | 4 | 1 | -2 |
Interest | 5 | 5 | 6 | 11 | 12 |
Depreciation | 5 | 6 | 8 | 8 | 9 |
Profit before tax | 28 | 31 | 36 | 31 | 36 |
Tax % | 28% | 26% | 26% | 26% | 21% |
Net Profit + | 20 | 23 | 26 | 23 | 29 |
EPS in Rs | |||||
Dividend Payout % | 10% | 0% | 0% | 0% | 0% |
Is Indogulf Cropsciences stock good to buy? (bull case & bear case)

Bull Case:
- Profit in FY24 went up by about 26%, and the company is managing costs better.
- Revenue stayed steady at ₹552.2 crore, even in a tough market.
- Sells many types of farm products like herbicides, insecticides, bio-nutrients, and growth boosters.
- Has over 5,700 distributors and 169 big buyers across India.
- Sends products to more than 34 countries, so it’s not fully dependent on India.
- Makes some special farm chemicals that not many others do (like Pyrazosulfuron Ethyl).
- Certified as an Export House and meets quality standards like ISO and BIS.
- Runs 4 factories and also owns a company in Australia.
Bear Case:
- Revenue didn’t grow much in FY24, so sales are not rising fast.
- 91% of its income comes from crop protection products, so it depends too much on one type of product.
- The company has a low return on equity of 14.0% over the last 3 years.
- The company might be capitalising the interest cost
Indogulf Cropsciences IPO Promoter Holding
Om Prakash Aggarwal, Sanjay Aggarwal, Anshu Aggarwal and Arnav Aggarwal are the promoters of the company.
Shareholding Post Issue | 96.86% |
Share Holding Post Issue | — |
Objects of the Issue (Indogulf Cropsciences IPO Objectives)
- It uses ₹65.00 crores to cover the company’s everyday business expenses.
- It uses ₹34.12 crores to pay back part of the company’s existing loans.
- It uses ₹14.00 crores to build a new dry flowable (DF) plant in Barwasni, Sonipat, Haryana
- To use for other general business needs (amount not specified).
Indogulf Cropsciences ipo gmp
Date | IPO GMP | Kostak | Subject to |
25 June | ₹12 | ₹- | ₹1,100 |
24 June | ₹12 | ₹- | ₹1,100 |
23 June | ₹- | ₹- | ₹- |
Conclusion
It makes a wide variety of products for farmers, including crop protection chemicals, plant nutrients, and natural farming products. It has factories in Jammu & Kashmir and Haryana and sells its products across India and to many other countries. The company has a strong network of distributors and keeps working on new products through its research lab.