Now Reading: Crystal Crop Protection IPO price band set, opens 18 November
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Crystal Crop Protection IPO price band set, opens 18 November
The Story in Brief
Crystal Crop Protection Ltd has set a price band of Rs 259 to 272 per share for its initial public offering, which will open for subscription on 18 November and close on 20 November. The IPO is expected to raise up to Rs 456 crore, comprising a fresh issue of up to Rs 355 crore and an Offer for Sale of up to Rs 101 crore. Anchor investors can bid on 17 November.
Proceeds from the fresh issue will be used to repay debt of the company and its subsidiary Saffire Crop Science, fund inorganic growth through unidentified acquisitions, and meet general corporate purposes. The company, founded in 1994, provides crop solutions including agrochemicals and seeds. IIFL Capital, DAM Capital Advisors and Motilal Oswal Investment Advisors are managing the issue, with shares to be listed on BSE and NSE. ET reports that allotment is expected on 23 November and listing on 26 November.
Indian Opinion Analysis
The three sources report near-identical facts with no discernible editorial slant, placing the story firmly in uniform straight-reporting territory. ET, BusinessToday, and TheHinduBusinessLine each lead with the price band, subscription dates, and total issue size, differing only by a minor rounding of the overall figure: ET reports Rs 455.49 crore, while the other two say Rs 456 crore. BusinessToday adds the pre-IPO placement of Rs 84.3 crore on 26 October, which the others omit. ET provides the most forward-looking detail, including an allotment date of 23 November and a tentative listing of 26 November, which gives investors the next concrete milestone.
Coverage: 3 sources, 3 neutral
Sources (3): businesstoday.in (neutral report), thehindubusinessline.com (neutral report), economictimes.indiatimes.com (neutral report)
This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 13 November 2026: this story now draws on 3 sources.
