1000 Crore IPO Crystal Crop Protection Files DRHP with SEBI

The Crystal Crop Protection IPO to consist offer sale of up to INR 455 Crore and a fresh issue worth INR 545 Crore. On Thursday, the company filed a draft red herring prospectus with the SEBI – a market regulator for its IPO of INR 1,000 Crore.

The crop protection manufacturing & marketing company’s Initial Public Offering consists of the fresh issue worth 1,000 Crore with promoter investors and selling shareholders by Everstone Capital Partners II LLC.

The BRLMs of this issues are Axis Capital Limited, ICICI Securities Limited, Capital Markets (India) Private Limited, HSBC Securities, HSBC Securities and Nomura Financial Advisory and Securities Private Limited. The Co-BRLM is the SMC Capitals Limited.

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