Crystal Crop Protection Limited’s Initial Public Offering to open on Wednesday, November 18, 2026, price band set at Rs 259– Rs 272 per Equity Share
Mumbai, 13 November, 2026 (( TGN ) – Crystal Crop Protection has fixed the price band of Rs 259 to Rs 272 per Equity Share of face value Rs 10 / – each for its maiden initial public offer.
The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, November 18, 2026 for subscription and close on Friday, November 20, 2026. Investors can bid for a minimum of 55 Equity Shares and in multiples of 55 Equity Shares thereafter.
The IPO, with a face value of Rs 10, is a fresh issue for up to Rs 355 crore and an offer-for-sale for up to 3,702,694 equity shares by promoter – Ankur Aggarwal.
The proceeds from its fresh issuance worth Rs 247.9 crore will be used for repayment/pre-payment, in full or part, of certain borrowings availed by the company, Rs 22 crore for investment in its material subsidiary namely Saffire Crop Science Private Limited for repayment/ pre-payment, in full or in part, of all or a portion of certain of its outstanding borrowings, funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes.
The company is a crop solutions company with agrochemicals and seeds at the core of our offerings. Its diversified portfolio includes products for crop protection such as herbicides, fungicides, insecticides and natural crop solutions such as bio-stimulants, bio-protectants, plant growth regulators, liquid fertilizers and micronutrients; and seeds such as for field crops, vegetable crops and flowers. Its offerings are customized for Indian farmers through research and development (R&D) including collaborations with various multinational companies. It operates on a fully integrated model, that integrates robust synthesis R&D in crop protection products and natural crop solutions as well as robust seeds breeding program, with backward-integrated technology enabled manufacturing and pan-India distribution, with a farmer-centric approach.
The company offers a wide range of crop protection products and natural crop solutions. It is engaged in the development, manufacturing and distribution of agrochemicals under the following categories – crop protection products, sub-categorized under herbicides, fungicides, insecticides, and combinations thereof; and natural crop solutions, comprising bio-stimulants, bioprotectants, plant growth regulators, liquid fertilizers and micro nutrients under its division which is strategically designed to complement its existing crop protection products and natural crop solutions business, providing farmers with integrated and sustainable crop management solutions and technical grade active ingredients (Technicals), which are utilized in the manufacture of agrochemical formulations.
IIFL Capital Services, DAM Capital Advisors and Motilal Oswal Investment Advisors are the book running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.
The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).
