India Pesticides is an agrochemicals manufacturer. Revenue generated from exports contributed to 56.7 per cent of the company's revenue from operations in fiscal 2021. The company has two manufacturing facilities located at Lucknow and Sandila, Hardoi in Uttar Pradesh.
The issue of India Pesticides comes after a super busy week for the IPO market when four issues cumulatively worth Rs 9,122 crore hit the market. The last IPO to hit the market before this week was that of Marcotech Developers in April. The volatility in the market after the second wave of Covid 19 had made companies
defer their listing plans. However, the rebound since May has helped some of the companies
to revive their plans.
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