India Pesticides Limited (IPL) was established in 1984 and became public limited company in 1993. IPL is engaged in the manufacturing of various types of pesticides (technical & formulations) and pharmaceutical intermediates. Pesticides contribute about 92% of total sales, while pharmaceutical intermediates contribute about 8% to total sales of the company in FY20. IPL is globally operating agro-chemical manufactures in India and among the fastest growing agro-chemical companies in India. This is a sole Indian manufacturer and among top five manufacturers globally for several Technicals, such as, Folpet, Thiocarbamate Herbicide etc and manufacturer & exporters of agrochemicals, bulk drugs and intermediates. Its Technicals are majorly exported to 20+ countries including Australia, Asia, Africa, and European countries, contributed 62% of technical segment revenues in Fiscal 2020. Currently, the firm has two manufacturing plants UPSIDC Industrial Area at Dewa Road, Lucknow and

  IPO Analysis -- Shyam Metallics