Indogulf Cropsciences IPO Allotment Status 2025: How to Check Online

Updated on: Jul 9th, 2025

9 min read

Indogulf Cropsciences Initial Public Offering (IPO) offers an exciting chance to become one of the shareholders in this company by investing in it. The real excitement gives you a thrill, whether you’ve been allotted shares in this IPO. The Indogulf Cropsciences IPO allotment will be finalised on July 01, 2025.

This article guides investors on how to check their Indogulf Cropsciences IPO allotment status online, at the Registrar, NSE & BSE websites, ensuring a seamless experience for all investors.

What is Indogulf Cropsciences IPO?

Indogulf Cropsciences Limited, incorporated in 1993, is a leading Indian manufacturer of crop protection products, plant nutrients, and biologicals, operating four facilities in Samba (J&K) and Nathupur (Haryana).

It pioneered the indigenous production of

Spiromesifen (96.5% purity)
Pyrazosulfuron Ethyl (97% purity).

The IPO, a book-building issue of ₹200.00 crores, comprises a fresh issue of 1.44 crore shares worth ₹160.00 crores and an offer for sale of 0.36 crore shares worth ₹40.00 crores.

The bidding for the IPO ran from June 26 to June 30, 2025, with allotment expected on July 1, 2025, and listing on BSE and NSE on July 3, 2025.

The price band is ₹105–₹111 per share, with a minimum lot size of 135 shares (₹14,175 for retail investors, ₹14,985 at cut-off). For sNII, the minimum is 14 lots (1,890 shares, ₹2,09,790), and for bNII, 67 lots (9,045 shares, ₹10,03,995).

Systematix Corporate Services Limited is the book-running lead manager, and Bigshare Services Pvt Ltd is the registrar for the IPO.

Why Invest?

Indogulf Cropsciences has a diversified portfolio that offers specialised crop protection, plant nutrients, and biologicals, catering to diverse agricultural needs.
Strong market presence and extensive sales network across 22 Indian states, 3 Union Territories, and 34 countries, with 169 business partners and 5,772 distributors.
Manufacturing strength, backwards-integrated, multi-purpose facilities ensure production flexibility and cost efficiency.
Research and Development capabilities provide robust research and product development, driving innovation and market competitiveness.
Experienced management led by seasoned promoters and a strong team, enhancing operational reliability.

Risks

Oversubscription Risk & High demand may lead to lower allotment of bidding at the cutoff price (₹14,985) is advised.
Regulatory challenges and high regulatory barriers in the agrochemical industry could impact approvals and costs in the future.
Market Volatility Listing performance on BSE and NSE may be affected by market conditions.
Operational Risks Dependence on manufacturing facilities and supply chain stability could pose challenges.

What is an IPO Allotment?

An IPO occurs when a company like Indogulf Cropsciences wants to enter the secondary market from the primary market to raise funds for its operations, clear its debts, or expand by offering existing shares and issuing new shares.

IPO allotment process is a of declaring the bid allotments, which tells which investors received shares and didn’t receive their bids.

When is Indogulf Cropsciences IPO Allotment Status Out?

The Indogulf Cropsciences IPO subscription was started from June 26 and ended on June 30, 2025, where the allotment is expected to be finalised on July 01, 2025. Bigshare Private Limited, the registrar, manages the entire IPO allocation process for Indogulf Cropsciences. Investors may receive an email or SMS from NSE, BSE, or the registrar once the allotment status is available.

Indogulf Cropsciences IPO Subscription Status

As of the end of the subscription period of Indogulf Cropsciences IPO on June 30, 2025, the subscription status is as follows,

Entity	Multiples
Qualified Institutional Buyers (QIBs)	30.58 x
Non-Institutional Investors (NIIs)	31.62 x
Retail Individual Investors (RIIs)	6.71 x
Employee	0.43 x
Total	17.93 x

How to Check Indogulf Cropsciences IPO Allotment Status?

Once you apply the IPO you can check the IPO allotment status on three primary platforms, such as the NSE website, the BSE website, or the registrar’s website (Bigshare Services). You’ll need one of the following details,

PAN Number: Your 10-digit Permanent Account Number.
Application Number: The unique number from your IPO application, found in your broker’s email/SMS or application form.
Demat Account Number (DP/Client ID): The ID of your Demat account where shares will be credited.

If you don’t have these details, contact your broker or bank. Below are detailed steps for each platform, tailored for first-time users.

Checking Indogulf Cropsciences IPO Allotment Status on NSE

The National Stock Exchange (NSE) offers a user-friendly platform to check allotment status. Here’s how:

Visit the NSE Website:

Open “NSE India” In your browser
Navigate to the “Invest” section on the homepage.
Click “IPO Bid Verification” or “Check IPO Allotment Status.”

Select the IPO:

Look for a dropdown menu listing active IPOs and select “Indogulf Cropsciences.”
If the IPO isn’t listed, the allotment may not be finalised. Check again on or after July 01, 2025.

Enter Your Details:

Choose one option: PAN, Application Number, or DP/Client ID.
Enter the details accurately.
Complete the captcha.

Check the Status:

Click “Submit” or “Get Data.”
The screen will display whether you received shares and how many. If not allotted, it will indicate “No allotment.”
Save a screenshot or note the details for your records.

Tip: The NSE site may experience high traffic. If it’s slow, try again later or use an alternative platform.

Checking Indogulf Cropsciences IPO Allotment Status on BSE

The Bombay Stock Exchange (BSE) is another reliable option. Follow these steps:

Visit the BSE Website:

Open BSE India on your browser
On the homepage, locate the “Investors” section.
Click “Status of Issue Application” or “IPO Allotment Status.”

Select the IPO:

Choose “Equity” under “Issue Type.”
In the “Issue Name” drop-down, select “Indogulf Cropsciences.”

Enter Your Details:

Enter your Application Number or PAN.
Complete the captcha.
Double-check your details to avoid errors.

View the Status:

Click “Search” or “Submit.”
The page will show whether you received shares, how many, or if no shares were allotted.
Take a screenshot or note the details.

Tip: The BSE site is mobile-friendly but may load slowly on older devices. Ensure a stable internet connection.

Checking Allotment Status on the Bigshare Services Pvt Ltd (Registrar’s Website)

Bigshare Services Pvt Ltd has been appointed as the registrar for the IPO, which is the most direct source for checking the allotment status without any hassle. Here’s how to check:

Visit the Registrar’s Website:
- Open Bigshare Services on your browser.
- Ensure you’re on the official site.
Select the IPO:
- Find a dropdown list of IPOs on the registrar’s website.
- Choose “Indogulf Cropsciences”
- If it’s not listed, the allotment isn’t finalised. Check back on or after July 01, 2025.
Enter Your Details:
- Select one option: PAN, Application Number, or DP/Client ID.
- Enter the details and complete the captcha.
Check the Status:
- Click “Submit” or “Check Status.”
- The website will display whether you received shares, how many, or if no shares were allotted.
- Save the result for your records.

Tip: The Bigshare Services website is reliable, and the registrar may send you a direct link via SMS or email.

Alternative Platforms for Allotment Status

Apart from the NSE, BSE, and Bigshare Services, you can check allotment status via:

Broker’s App or Website:
- Log in to your broker’s platform where you applied for the IPO.
- Navigate to the IPO section or “Order History.”
- Select “Indogulf Cropsciences” to view your application status.
- Some brokers display allotment details directly or provide a link to the registrar’s site.
Bank’s Net Banking:
- Log in to your bank’s net banking portal if you used ASBA.
- Go to “E-Services” or “Demat Services,” then select “IPO History” or “Allotment Status.”
- Choose “Indogulf Cropsciences” and enter your PAN or Application Number.
Depository Websites (NSDL/CDSL):
- Log in to NSDL or CDSL.
- Check the Demat Holdings to see if shares are credited or not.

Instructions for First-Time Users

If you’re new to IPOs, follow these tips to check allotment status easily:

Prepare Details in Advance: Write down your PAN, Application Number, and Demat ID in a note or save them on your phone.
Use a Familiar Device: To avoid any kind of navigation issues, access the websites or apps on a device you’re comfortable in using them.
Follow Step-by-Step Guides: Refer to the instructions above and proceed one step at a time.
Check Timelines: Allotment status is available only after July 01, 2025. Avoid checking too early to prevent confusion.
Ask for Guidance: If unsure, contact your broker or bank’s customer care for assistance.

Troubleshooting Common Issues

Website Not Loading:

Cause: High traffic on NSE, BSE, or Bigshare Services websites.
Solution: Try again after a few minutes, use a different platform, or check during off-peak hours (e.g., early morning).

IPO Not Listed in Dropdown:

Cause: Allotment may not be finalised yet.
Solution: you can wait until July 01, 2025 night, or check later or check the IPO prospectus for more updates.

Invalid PAN or Application Number:

Cause: Typographical errors or incorrect details.
Solution: Verify your details from your broker’s email/SMS or application form. Ensure you’re using the correct PAN linked to your Demat account.

No SMS/Email Received:

Cause: Delayed notifications or incorrect contact details.
Solution: Check directly on NSE, BSE, or Big share services websites. Update your contact details with your broker for future IPOs.

App Not Working:

Cause: Outdated app or compatibility issues or network error.
Solution: check the proper internet connection and update the app to the latest version or use the website instead.

Details on Refund Process

If you don’t receive shares, the blocked amount from your ASBA application will be unblocked. Here’s what to expect:

Timeline: Refunds are typically initiated on July 02, 2025, one day after allotment finalisation.
Process: The registrar (Bigshare services) releases the blocked funds in your bank account. You’ll receive an SMS or email notification.
Delay in Refund: If funds aren’t unblocked by July 2, 2025, contact your bank or the registrar.
Use of Funds: Once unblocked, you can use the funds for other investments or future IPOs.

Tip: Check your bank account statement to confirm the unblocking of funds.

Information on Share Listing Process

Listing Date: Indogulf Cropsciences shares are scheduled to list on BSE and NSE on July 3, 2025, at 10:00 AM IST.
Share Crediting: Allotted shares will be credited to your Demat account by June 02, 2025.
Trading: You can sell shares once trading begins on the listing day after 10:00 AM. Monitor the stock price on BSE/NSE apps or websites.
Grey Market Premium (GMP): As of July 01, 2025, the GMP is approximately ₹12–₹16, suggesting a listing price of ₹14-15 (13–14% above the upper price band of ₹111).
Note that GMP is unofficial and subject to change.

Contact Information for Support

Company Details

Indogulf Cropsciences Limited
Address: 501, Gopal Heights, Plot No. D-9, Netaji Subhash Place, Delhi, New Delhi, 110034
Phone: +91 11 4004 0417
Email: cs@groupindogulf.com

Registrar Details

Registrar to the IPO - Bigshare Services Pvt Ltd
Address: 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

NSE Investor Services:

Phone: +91-22-2659 8100
Email: ignse@nse.co.in

BSE Investor Services:

Phone: +91-22-2272 1233/34
Email: bsehelp@bseindia.com

Explanation of Oversubscription and Lottery Process

Oversubscription occurs when applications exceed available shares, as seen with Indogulf Cropsciences 17.93x subscription. For retail investors (35% quota), only a fraction of applicants receive shares due to high demand (30.69x subscription in the retail category).

Lottery Process: To ensure fairness, shares are allocated via a computerised lottery system for retail investors. With a 17.93x subscription, approximately 1 in 18 applicants may receive shares, depending on the lottery outcome.
Pro-rata Allocation: For NIIs and QIBs, shares may be allocated proportionally based on application size, with priority often given to larger applications.

Clarification on ASBA Process

The Application Supported by Blocked Amount (ASBA) process is mandatory for IPO applications in India. Here’s how it works:

What is ASBA?: Your application amount is blocked in your bank account rather than debited upfront. The funds remain in your account but are unavailable for other use until allotment.
How to Apply IPO using ASBA:
- Use your bank’s net banking or UPI to apply through ASBA.
- Select “Indogulf Cropsciences” in the IPO section, enter the number of lots, and submit.
- Approve the mandate in your banking app or net banking portal by 5:00 PM on June 30, 2025.
- Post-Allotment: If allotted, the required amount is debited for the shares. If not, the blocked amount is released.

Tip: Ensure sufficient funds are available in your account during the subscription period (June 26–30, 2025).

Tax Implications

Capital Gains: If you sell allotted shares:
- Short-Term Capital Gains (STCG): If sold within 12 months, gains are taxed at 20% (plus surcharge and cess applicable).
- Long-Term Capital Gains (LTCG): If held for over 12 months, gains above ₹1.25 lakh are taxed at 1.25% (plus surcharge/cess applicable).
Losses: Losses can be set off against other capital gains, subject to tax rules.
Dividend Income: If Indogulf Cropsciences declares dividends, they are taxable according to your income tax slab. The company has not paid dividends in the last three fiscal years.
Advice: Consult a tax professional to understand your tax obligations.

Post-Allotment Actions for Allotted Investors

If you receive shares:

Verify Demat Credit: Once the allotment is successful, check your Demat account on July 01, 2025, to confirm the credit of shares.
Monitor Listing: Track the stock’s performance on BSE/NSE on July 3, 2025, at 09:50 AM IST on your broker's app/website or BSE/NSE websites for listing price confirmation.
Decide on Selling:
- Short-Term: if you sell these stocks on the listing day for potential gains if the stock lists at a premium (GMP suggests ₹124–₹135) you can sell after 10:00 AM on the listing day.
- Long-Term: if you don't want to sell immediately you can hold if you believe in the company’s growth potential and, given strong order book and infrastructure sector potential.
Set Stop-Loss: To manage risks, set a stop-loss order with your broker to limit potential losses if the stock price falls.

Conclusion

Checking the Indogulf Cropsciences IPO allotment status using the NSE, BSE, or Bigshare Services websites or apps is straightforward. Keep your PAN, Application Number, or Demat ID ready and check on or after July 01, 2025. If allotted shares, you’re now a part-owner of a leading crop science company. If not, don’t be discouraged, there are many IPOs coming in the future.

IPOs can be a wealth-building opportunity, but they come with risks, including competitive pressures and promoter-related concerns. Always consult a certified financial advisor and review the company’s prospectus before investing.

Disclaimer: This article is for informational purposes only and not financial advice. IPO investments carry risks; you should read the company’s prospectus carefully and consult a certified financial advisor before making investment decisions.

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About the Author

REPAKA PAVAN ADITYA

Stocks and Mutual Funds Research Analyst

I manifest my zeal in financial quantitative & quantitative research and have been instrumental in creating a robust process for the evaluation and monitoring of mutual funds. I’m responsible for Equity and Mutual Funds Research while creating instrumental mathematical models for portfolio construction after evaluating funds, and I play an integral role in analyzing changes in mutual funds, micro, and macro-economic indicators, and equity market events and trends. My views on asset classes which are integral in creating an investment strategy for any profile. Read more

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