Crystal Crop Protection, a company that makes crop‑protecting chemicals and seeds, has submitted a draft filing to India’s securities regulator to raise money through an initial public offering.
The plan includes two parts:
International Finance Corporation and its Emerging Asia Fund will also sell some of their holdings through the OFS.
The cash from the new shares is expected to be used for:
Founded in 1994, the firm offers a range of products such as herbicides, fungicides, insecticides, bio‑stimulants, liquid fertilizers and seeds for field, vegetable and flower crops.
The Indian crop‑protection market was worth about $5.5 billion in FY 2025 and is projected to grow to roughly $8.5 billion by FY 2030, showing strong demand for the kind of products Crystal provides.
Investment banks IIFL Capital Services, DAM Capital Advisors and Motilal Oswal Investment Advisors are handling the IPO. The company previously filed a similar plan in 2018 to raise ₹1,000 crore but did not go ahead at that time.
Investors should consider the company’s debt levels, growth plans and the broader market outlook before deciding whether to take part in the offering.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.
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