Indogulf Cropsciences IPO Subscription Status
Indogulf Cropsciences IPO closed on 30 June 2025 with an overall subscription of 27.17x based on shares applied. QIB demand came in at 31.73x, NII at 49.02x, and retail at 14.69x.
Allotment will be finalised on 1 July 2025. The stock is scheduled to list on NSE and BSE on 3 July 2025.
Issue Price
Rs 111.00
GMP Today
Rs 18.00 (+16.22%)
Overall Subscription
27.17x
Issue Size
₹200.00 Cr
Allotment Date
1 Jul 2025
Listing Date
3 Jul 2025
Indogulf Cropsciences IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 111.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 41.80 Cr | Rs 1,326.22 Cr | 31.73x |
| NII | Rs 30.00 Cr | Rs 1,470.51 Cr | 49.02x |
| sNII (Rs 2L to Rs 10L) | Rs 10.00 Cr | Rs 427.91 Cr | 42.79x |
| bNII (above Rs 10L) | Rs 20.00 Cr | Rs 1,042.60 Cr | 52.13x |
| Retail | Rs 70.00 Cr | Rs 1,028.20 Cr | 14.69x |
| Total | Rs 141.80 Cr | Rs 3,824.93 Cr | 26.97x |
Indogulf Cropsciences IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 37,65,767 | 11,94,79,455 | 31.73x |
| NII | 27,02,703 | 13,24,78,605 | 49.02x |
| sNII (Rs 2L to Rs 10L) | 9,00,901 | 3,85,50,465 | 42.79x |
| bNII (above Rs 10L) | 18,01,802 | 9,39,28,140 | 52.13x |
| Retail | 63,06,306 | 9,26,30,520 | 14.69x |
| Total | 1,27,74,776 | 34,45,88,580 | 26.97x |
What Do These Subscription Numbers Mean?
A subscription of 27.17x by shares means the IPO received bids for 27 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 31.73x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 31.73x, it reflects serious institutional conviction.
NII at 49.02x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 14.69x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Indogulf Cropsciences IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 14.69x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 42.79x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 52.13x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Indogulf Cropsciences IPO Allotment Status page from 1 July 2025 for your allotment result.
Indogulf Cropsciences IPO GMP After Subscription
GMP for Indogulf Cropsciences IPO stands at Rs 18.00 today, giving an estimated listing price of Rs 129.00 per share.
A subscription of 27.17x combined with a GMP of 16.22% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Indogulf Cropsciences IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Indogulf Cropsciences IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 26 Jun 2025 | 0.05x | 0.27x | 0.71x | 0.42x |
| Day 2 - 27 Jun 2025 | 0.05x | 0.86x | 1.58x | 0.98x |
| Day 3 - 30 Jun 2025 | 31.73x | 49.02x | 14.69x | 27.03x |
Indogulf Cropsciences IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 26 June 2025 |
| IPO Close Date | 30 June 2025 |
| Allotment Date | 1 July 2025 |
| Refund Initiation | 2 July 2025 |
| Share Credit to Demat | 2 July 2025 |
| Listing Date | 3 July 2025 |
| Minimum Investment | Rs 14,985.00 |
| Lot Size | 135 shares |
About Indogulf Cropsciences IPO
Indogulf Cropsciences Ltd is a prominent manufacturer of crop protection products, plant nutrients, and biologicals in India. The company manufactures and markets an extensive range of products, including various formulations like water dispersible granules (WDG), suspension concentrate (SC), capsule suspension (CS), ultra-low volume (ULV), emulsion in water (EW), soluble granule (SG), and flowable suspension (FS). These products are used for diverse crops such as cereals, pulses, oilseeds, fiber crops, plantations, fruits, and vegetables.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Indogulf Cropsciences IPO Subscription FAQs
What is Indogulf Cropsciences IPO IPO subscription status today?
Indogulf Cropsciences IPO IPO subscription closed on 30 June 2025 with overall subscription of 27.17x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 31.73x, NII 49.02x, Retail 14.69x.
What is the overall subscription of Indogulf Cropsciences IPO IPO?
Indogulf Cropsciences IPO IPO is subscribed 27.17x overall by shares at close on 30 June 2025. QIB 31.73x, NII 49.02x, and Retail 14.69x.
What is Indogulf Cropsciences IPO IPO QIB subscription?
Indogulf Cropsciences IPO IPO QIB (Qualified Institutional Buyers) subscription is 31.73x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Indogulf Cropsciences IPO IPO Retail subscription?
Indogulf Cropsciences IPO IPO Retail subscription is 14.69x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Indogulf Cropsciences IPO IPO NII subscription?
Indogulf Cropsciences IPO IPO NII (Non-Institutional Investors) subscription is 49.02x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Indogulf Cropsciences IPO IPO for retail?
Indogulf Cropsciences IPO IPO retail share subscription is 14.69x. Application-wise data is needed for accurate lottery odds.
When is Indogulf Cropsciences IPO IPO allotment date?
Indogulf Cropsciences IPO IPO allotment date is 1 July 2025. Check Indogulf Cropsciences IPO Allotment Status on IPOwiz from that day using your PAN.
When does Indogulf Cropsciences IPO IPO subscription close?
Indogulf Cropsciences IPO IPO subscription closed on 30 June 2025. No new applications are accepted after the close.
What is Indogulf Cropsciences IPO IPO GMP today?
Indogulf Cropsciences IPO IPO GMP is ₹18 today (+16.22% over issue price ₹111). See live GMP on the Indogulf Cropsciences IPO GMP Today page.
What is Indogulf Cropsciences IPO IPO issue price and lot size?
Indogulf Cropsciences IPO IPO issue price is ₹111 per share. Lot size is 135 shares. Minimum investment is ₹14,985 per lot. Issue size: ₹200.00 Cr.
When is Indogulf Cropsciences IPO IPO listing date?
Indogulf Cropsciences IPO IPO listing date is 3 July 2025 on NSE and BSE. Allotment is on 1 July 2025.
How does subscription affect Indogulf Cropsciences IPO IPO allotment?
Allotment odds in Indogulf Cropsciences IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 27.17x overall, competition is high.
For allotment results from 1 July 2025, visit the Indogulf Cropsciences IPO Allotment Status page. For listing day updates on 3 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.