Crystal Crop Protection Ltd

·
₹272.00 Issue Price
2026-11-18 – 2026-11-20
Open Date
2026-11-18
Close Date
2026-11-20
Listing Date
2026-11-26
Allotment Date
2026-11-23
Current Price
₹272.00
High / Low
₹— / ₹—
ROCE
16.43 %
ROE
8.31 %
Face Value
₹10
About
Crystal Crop Protection is a crop solutions company with agrochemicals and seeds as its core offerings. Its portfolio includes crop protection products such as herbicides, fungicides and insecticides, along with natural …
📍 206, 2nd Floor, Span Trade Centre Opp. Kochrab, Gandhi Ashram, Near Paldi Char R…
📞 11 49007100
✉️ investor@crystalcrop.com

Crystal Crop Protection Ltd IPO About the Company

Crystal Crop Protection is a crop solutions company with agrochemicals and seeds as its core offerings. Its portfolio includes crop protection products such as herbicides, fungicides and insecticides, along with natural crop solutions like bio-stimulants, bio-protectants, plant growth regulators, liquid fertilizers and micronutrients. It also offer seeds for field crops, vegetable crops and flowers.Its products are designed specifically for Indian farmers and are supported by strong in-house research and development, as well as collaborations with multinational companies. The company follows a fully integrated business model that combines R&D, seed breeding, backward-integrated and technology-enabled manufacturing, and a pan-India distribution network, with a strong focus on farmers’ needs.The company offers over 174 crop protection product brands in various pack sizes, including farmer-friendly packs. Its branded crop protection business has grown faster and the company also export formulations and technicals to several countries including Bangladesh, Nepal and parts of Africa and Asia.In seeds, it has a diversified portfolio covering cotton, cereals, oilseeds, fodder crops, vegetables and flowers, with sales across India and exports to countries such as Japan, the USA and Thailand.The company operates multiple manufacturing facilities for formulations, technicals and seed processing across Haryana, Gujarat, Jammu & Kashmir, Maharashtra, Telangana and Karnataka. It has R&D centre in Sonipat, Haryana. As of Sep 30, 2025, its formulation manufacturing units had combined installed capacity of 75,962.00 MT and technicals manufacturing facilities aggregate installed capacity stood at 3,456 MT.The business has a strong pan-India network of over 13,000 distributors and 36 distribution centers.Competitive strengthsStrong R&D capabilities backed by advanced technology infrastructure and collaborationsA deep connect with Indian farmers resulting in strong brand equityOperational excellence with focus on our multi-pronged go-to-market strategyVertically integrated manufacturing operations backed by robust R&D capabilities and strong supply chainStrategic acquisitions and successful integration of growth opportunitiesDiversification across business verticals, geographies, product categories and crops

Crystal Crop Protection Ltd IPO Analysis

Pros

  • ROE of 8.31% indicates good return on equity.
  • ROCE of 16.43% shows efficient capital usage.
  • PAT margin of 4.33%.

Cons

  • Detailed analysis available after listing.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Crystal Crop Protection Ltd IPO Subscription Status

Consolidated figures
MetricQIBNII (HNI)RetailTotal
Subscription — — — —
Shares Not more than 50% of the Net Offer Not less than 15% of the Net Issue Not less than 35% of the Net Issue —
Bids — — — —
▼ Category-wise Detailed Breakdown
CategorySubscriptionOffered Bid SharesAmt (₹ Cr)
QIB - Not more than 50% of the Net Offer — ₹0.00
NII (HNI) - Not less than 15% of the Net Issue — ₹0.00
Retail - Not less than 35% of the Net Issue — ₹0.00
Market Maker 1.00×
— — —
Total - 100 — ₹0.00 Cr
Applications: - Total Bid Amount: ₹0.00 Cr

Crystal Crop Protection Ltd IPO Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore
Metric 30 Sep 202531 Mar 202531 Mar 2024
Revenue 1,995.86 2,731.94 2,271.71
EBITDA 333.22 315.28 209.06
Profit After Tax 153.51 118.39 87.24
Net Worth 1,748.90 1,600.10 1,488.39
Total Assets 3,859.23 3,542.90 2,541.92
Borrowings 1,205.24 947.02 577.29
Sales Growth
3 Years:13.8%
Latest:2,271.71 Cr
Profit Growth
3 Years:-43.2%
Latest PAT:87.24 Cr
Return on Equity
ROE:8.31%
ROCE:16.43%

Crystal Crop Protection Ltd IPO Key Financial Ratios

Profitability
ROE 8.31%
ROCE 16.43%
RONW 7.46%
PAT Margin 4.33%
EBITDA Margin 11.72%
Valuation
Pre EPS 8.80
Post EPS 20.80
Pre P/E 30.91×
Post P/E 13.08×
P/BV 2.17×
Leverage & Growth
Debt / Equity 0.65×
Sales Growth (3yr) +13.8%
Profit Growth (3yr) -43.2%
Latest Revenue 2,271.71 Cr
Latest PAT 87.24 Cr

Crystal Crop Protection Ltd IPO Objects of the Issue

1 Repayment/pre-payment, in full or part, of certain borrowings availed by Company ₹312.94 Cr
2 Investment in 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 ₹22.06 Cr
3 Funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes

Crystal Crop Protection Ltd IPO Schedule & Important Dates

IPO Open
2026-11-18
Upcoming
IPO Close
2026-11-20
Upcoming
Allotment
2026-11-23
Upcoming
Refund
2026-11-25
Upcoming
Demat Credit
2026-11-25
Upcoming
Listing
2026-11-26
Upcoming

Crystal Crop Protection Ltd IPO Lot Size & Investment Details

RETAIL MIN
₹14,960
1 lot · 55 shares
RETAIL MAX
₹14,960
1 lots · 55 shares
HNI MIN
₹209,440
14 lots
bNII MIN
₹1,002,320
67 lots
Category Lots Shares Amount (₹)
Retail (Min) 55 55 ₹14,960
Retail (Max) 1 55 ₹14,960
HNI (Min) 14 770 ₹209,440
Big HNI (bNII) 67 3685 ₹1,002,320
Pre-Issue Holding: 13,45,69,911 shares Post-Issue Holding: 14,76,30,794 shares

Crystal Crop Protection Ltd IPO Lead Managers & Market Makers

Book Running Lead Managers
IIFL Capital Services Ltd Dam Capital Advisors Ltd Motilal Oswal Investment Advisors Ltd.

Crystal Crop Protection Ltd IPO Allotment Status

Allotment Date: 2026-11-23
Registrar: MUFG Intime India Pvt.Ltd
Check Allotment
022-49186000
crystalcrop.ipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html