Citius TransNet Investment Trust IPO...
10 Apr, 2026
Crystal Crop Protection IPO
Crystal Crop Protection Limited submitted its DRHP to SEBI for its proposed IPO of ₹6,000 Crores on 17th December 2025. The Crystal Crop Protection IPO will consist of a new issue of shares and an OFS of 0.74 Crores equity shares, each having a face value of ₹10. The shares will be traded on the BSE and NSE.
The IPO is being offered as a 100% book-built issue; the price range and subscription dates will be announced later. IIFL Capital Services Ltd., DAM Capital Advisors Ltd. and Motilal Oswal Investment Advisors Ltd. are the book-running lead managers for the Crystal Crop Protection IPO and MUFG Intime India Pvt. Ltd. will perform the allotment process as registrar of the issue.
Company Background
Crystal Crop Protection Limited was incorporated on 13th July 1994 under the name Jai Bharat Crop Chemical Private Limited. India's largest agrochemical manufacturers, comprising a diverse group of companies, also invest significant amounts of capital in corporate research and development. The Corporate Office for Crystal Crop Protection Limited is located in Ahmedabad, Gujarat, while New Delhi serves as the company's primary Headquarters.
Operations and Product Range
The company has a divisional focus on crop protection, seeds, and farm mechanization products. The Crystal Crop Protection IPO documents indicate the company has six manufacturing plants and three seed processing locations throughout India. The company offers a variety of high-quality seed brands, such as Proagro, Surpass, and Mahalaxmi, as well as innovative crop protection products, including Azotrix.
Revenue Streams and Business Model
The revenue from Crystal Crop Protection Limited comes from selling agrochemicals and seeds through a distribution system of around 13,285 distributors. The total income of Crystal Crop Protection Limited for the fiscal year (ending on 31 March 2025) was ₹2731.94 Crores. The business model of the company puts an emphasis on a high innovation turnover rate and a strong commitment to its Intellectual Property protection, as evidenced by having filed for 28 patents as of the year 2025.
Management and Shareholding
Promoters and Shareholding
The promoters of the company are Nand Kishore Aggarwal, Ankur Aggarwal, Komal Aggarwal, and the Ankur Aggarwal KNK Family Trust. Nand Kishore Aggarwal is a key promoter and is also a selling shareholder in the Crystal Crop Protection Limited IPO.
Board and Key Management
The leadership team is supported by Vikram Singh, who serves as the Company Secretary and Compliance Officer. The management team focuses on maintaining a vertically integrated operation to ensure quality and innovation.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Crystal Crop Protection IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Crystal Crop Protection IPO Details
| Detail | Description |
|---|---|
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per Equity Share |
| Issue Price Band | [.] |
| Lot Size | [.] |
| Sale Type | Fresh Issue + Offer for Sale (OFS) |
| Total Issue Size | ₹600.00 Cr (Fresh) + 74.05 Lakh Shares (OFS) |
| Fresh Issue(Ex Market Maker) | ₹600.00 Crore |
| Offer for Sale | 7,405,387 Equity Shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE and BSE |
| Share Holding Pre Issue | 86.69% (Promoter Holding) |
Crystal Crop Protection IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | [.] |
| IPO Close Date | [.] |
| Tentative Allotment | [.] |
| Initiation of Refunds | [.] |
| Credit of Shares to Demat | [.] |
| Tentative Listing Date | [.] |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the IPO Closing Date |
Crystal Crop Protection IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 Lots | [.] | ₹14,000 – ₹15,000 |
| Individual investors (Retail) (Max) | 13 - 14 Lots | [.] | Up to ₹2,00,000 |
| S-HNI (Min) | 14 - 15 Lots | [.] | Above ₹2,00,000 |
| S-HNI (Max) | 66 - 70 Lots | [.] | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ Lots | [.] | Above ₹10,00,000 |
Crystal Crop Protection IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 86.69% |
| Promoter Holding Post Issue | [.] |
Competitive Strength:
- • Vast Portfolio: 174+ products across crop protection and seeds.
- • Strong R&D for Indian farmers.
Crystal Crop Protection IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 3,532.00 | 1,978.00 | 153.50 | 1,564.00 | 1,437.00 | 1,205.00 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 3,082.00 | 2,730.00 | 118.40 | 1,411.00 | 1,282.00 | 1,150.00 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 2,530.00 | 2,263.00 | 87.20 | ₹1,308.00 | 1,179.00 | 818.00 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 2,467.00 | 2,310.00 | 110.00 | 1,228.00 | 1,099.00 | 756.00 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.31% |
| ROCE | 16.43% |
| Debt/Equity | 0.65 |
| RoNW | 7.46% |
| EBITDA Margin | 12.34% |
| Price to Book Value | [.] |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹9.37 | [.] |
| P/E (x) | [.] | [.] |
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 17-12-2025 | - |
| 2 | SEBI/Exchange approval received | - | - |
Learn about IPO fundamentals in our IPO Process guide. Check upcoming IPOs in the IPO Calendar Explore our Debt Syndication Services, Business Valuation Services, Pre IPO Process Guidance for IPO guidance.
Read More IPO ReviewsFrequently Asked Questions (FAQs)
-
What new share offering does the Crystal Crop Protection IPO provide for its investors?
Crystal Crop Protection IPO provides investors with a total of ₹6000 Crores through a new issue of shares and OFS of 0.74 Crores shares. Who are Crystal Crop Protection Limited's main shareholders?
-
Who are Crystal Crop Protection Limited's main shareholders?
The foremost owners of Crystal Crop Protection Limited are Nand Kishore Aggarwal, Ankur Aggarwal and the KNK Family Trust.
-
What companies are the main supporters of the Crystal Crop Protection IPO?
Crystal Crop Protection's IPO was subscribed to by IIFL Capital Services, DAM Capital Advisors, and Motilal Oswal Investment Advisory, who are among some of the largest peanut companies that supported Crystal Crop Protection Limited during this IPO process.
-
What is the nominal value of all shares listed with this IPO?
All equity shares listed with the Crystal Crop Protection IPO carry a nominal value of ₹10 each.
-
How many distributors does the company work with?
The company has a vast network of over 13,285 distributors across the country.
