Incorporated in 1984, India Pesticides Limited (IPL) is one of the leading agrochemicals manufacturers in India. The company operates in two business verticals;
1 Technicals and 2. Formulations.

It manufactures herbicide, fungicide Technicals, and Active Pharmaceuticals Ingredients (APIs). It is the sole Indian manufacturer of several Technicals i.e. Folpet, Thiocarbamate, and Herbicide. The company also manufactures 30+ formulations of insecticides, fungicides, and herbicides.

Its Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. However, agrochemical formulations are primarily sold to domestic crop protection manufacturers i.e. Syngentia Asia Pte Ltd, UPL Ltd, ASCENZA AGRO, S.A., Conquest Crop Protection Pty Ltd, Sharda Cropchem Limited, and Stotras Pty Ltd.

Currently, the firm has two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and Sandila, Hardoi in Uttar Pradesh, India with an installed capacity of 19,500 MT for agrochemicals and 6500 MT for formulations.

Competitive strengths:

• Among the top 5 global players of Folpet, Thiocarbamate, and Herbicide Technicals.
• Diversified product portfolio with specialized products.
• Domestic as well as international market presence.
• Consistent track record of financial performance.
• Strong Research & Development (R&D) capabilities.

Company Promoters:

• Anand Swarup Agarwal and the ASA Family Trust are the company promoters.

Particulars	For the year/period ended (Rs in Million)
Summary of financial Information (Restated)	31-Mar-21	31-Mar-20	31-Mar- 19
Total Assets	5,170.80	3,657.02	3,172.37
Total Revenue	6,553.77	4,897.27	3,460.42
Profit After Tax	1,345.32	707.99	439.21

Objects of the Issue:

• To fiannce the working capital requirements of the company.
• To meet general corporate purposes.

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