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Crystal Crop Protection Ltd

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Agrochemicals and seeds company offering crop protection products, biological crop inputs and hybrid seeds to Indian farmers.

Issue details

Price band

₹259 – ₹272

Face value

₹10

Lot size

55 shares

Minimum investment

₹14,960

Issue size

₹455.49 Cr

Fresh issue

₹354.77 Cr

Offer for sale

₹100.71 Cr

Issue type

Book Built

Exchange

NSE, BSE

Key dates

Opens

18 Nov 2026

Closes

20 Nov 2026

Allotment

23 Nov 2026

Refunds

25 Nov 2026

Shares in demat

25 Nov 2026

Listing

26 Nov 2026

Subscription and listing

Subscription

Not open yet

Listing price

Not listed yet

Registrar

MUFG Intime India Pvt Ltd

Lead manager

IIFL Capital Services Ltd, Dam Capital Advisors Ltd, Motilal Oswal Investment Advisors Ltd

Read the prospectus →

Issue structure

Shares reserved per category and share of the total issue

About the company

Crystal Crop Protection is a crop solutions company incorporated in 1994, with its registered office in Ahmedabad, Gujarat. It sells herbicides, fungicides, insecticides, biological crop inputs and more than 275 hybrid seed varieties, aimed at Indian farmers. As of June 2026 it sold through about 14,717 independent distributors across 23 states and four union territories, and it reported total income of ₹3,180.98 Cr in FY26.

Founded

1994, Ahmedabad

1994, Ahmedabad

Promoters

Nand Kishore Aggarwal, Ankur Aggarwal, Komal Aggarwal, Ankur Aggarwal KNK Family Trust

Nand Kishore Aggarwal, Ankur Aggarwal, Komal Aggarwal, Ankur Aggarwal KNK Family Trust

Products and segments

Crop protection products (herbicides, fungicides, insecticides); natural crop solutions (bio-stimulants, bio-protectants, plant growth regulators, liquid fertilisers, micronutrients); seeds for field crops, vegetables and flowers

Crop protection products (herbicides, fungicides, insecticides); natural crop solutions (bio-stimulants, bio-protectants, plant growth regulators, liquid fertilisers, micronutrients); seeds for field crops, vegetables and flowers

Promoter holding

84.92% pre-issue; 75.85% post-issue

84.92% pre-issue; 75.85% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Q1 FY27 (Jun 2026)

Q1 FY27 (Jun 2026)

1,209.21

1,209.21

241.78

135.78

135.78

—

952.02

952.02

4,498.27

FY26

FY26

3,180.98

3,180.98

456.23

144.91

144.91

2,039.76

820.04

820.04

3,927.24

FY25

FY25

2,731.94

2,731.94

315.28

118.39

118.39

1,600.10

947.02

947.02

3,538.43

FY24

FY24

2,271.71

2,271.71

209.06

87.24

87.24

1,488.39

577.29

577.29

2,541.92

ROE

7.94%

ROCE

16.06%

Debt / equity

0.41

PAT margin

4.56%

P/E post issue

8.17x

Market cap

₹4,438.18 Cr

Use of IPO money

Repayment/prepayment of certain borrowings of the company

₹247.94 Cr

Investment in subsidiary Saffire Crop Science Pvt Ltd to repay its borrowings

₹22.06 Cr

Inorganic growth through unidentified acquisitions, strategic initiatives and general corporate purposes

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.