Indogulf Cropsciences IPO GMP History
Indogulf Cropsciences IPO has been listed on July 3, 2025 at a listing price of ₹111, against the issue price of ₹111 — a gain of ₹0 (+0%). The GMP peaked at ₹15 on 2 July 2025 and reached a low of ₹8 on 26 June 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Indogulf Cropsciences IPO raised ₹200 Cr. through its IPO at a price band of ₹105 to ₹111 per share, with a lot size of 135 shares. The IPO was open for subscription from 26 Jun 2025 to 30 Jun 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 1:05 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Jul 2025 | ₹ 15 | ▲ | 14% | — | — |
| 30 Jun 2025 | ₹ 10 | ▼ | 9% | — | — |
| 28 Jun 2025 | ₹ 15 | ▲ | 14% | — | — |
| 26 Jun 2025 | ₹ 8 | ▼ | 7% | — | — |
| 23 Jun 2025 | ₹ 10 | — | 9% | — | — |
Indogulf Cropsciences IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 26 Jun 2025
- Close 30 Jun 2025
- Allotment 01 Jul 2025
- Refund/credit 02 Jul 2025
- Listing 03 Jul 2025
Indogulf Cropsciences IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹111 |
|---|---|
| GMP-based estimate (pre-listing) | ₹126 (+13.5%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 03 Jul, 2025 |
| Actual listing price | ₹111 (+0%) |
Is Indogulf Cropsciences IPO GMP reliable?
Grey market premium for Indogulf Cropsciences IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Indogulf Cropsciences IPO full review for a fundamentals-based assessment before making any grey market trades.
Indogulf Cropsciences IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Indogulf Cropsciences IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Indogulf Cropsciences IPO
Indogulf Cropsciences Limited was incorporated in 1993. It makes crop protection products, plant nutrients and biologicals. It manufactured Spiromesifen technical with 96.5% purity in 2019 and was among the first Indian makers of Pyrazosulfuron Ethyl technical with 97% purity.
The company has four manufacturing facilities covering about twenty acres. These are at Samba in Jammu and Kashmir and at Nathupur and Barwasni in Haryana.
Its sales network covers 22 states and 3 union territories, with 169 business partners and 5,772 distributors. Abroad it has 129 partners in 34 countries.
The IPO was Rs 200 crore, with Rs 160.05 crore of fresh issue and Rs 39.95 crore of offer for sale. Rs 65.00 crore was planned for working capital.
Frequently asked
What is the GMP of Indogulf Cropsciences IPO?
The current Grey Market Premium (GMP) of Indogulf Cropsciences IPO is ₹ 15.
What is the Kostak Price of Indogulf Cropsciences IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Indogulf Cropsciences IPO is not available.
What is the Subject to Sauda Price of Indogulf Cropsciences IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Indogulf Cropsciences IPO?
Indogulf Cropsciences IPO listed on July 3, 2025 at ₹111, against the issue price of ₹111 — a gain of +0%.
How did the GMP of Indogulf Cropsciences IPO trend before listing?
The GMP of Indogulf Cropsciences IPO was rising in its final days before listing. The GMP peaked at ₹15 on 2 July 2025. View the day-wise table above for the complete GMP history.
Explore Indogulf Cropsciences IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
