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Parijat Industries (India) files draft papers with SEBI for IPO

29 Sep 2025 Evaluate

Parijat Industries (India) has filed draft papers with market regulator Securities and Exchange Board of India (SEBI), to mobilise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth Rs 160 crore and an offer for sale (OFS) of 2.04 crore shares by promoters and other existing shareholders. 

Proceeds from the fresh issuance worth Rs 121.6 crore will be utilised for the payment of debt and the rest for general corporate purposes. SBI Capital Markets and Ambit are the book-running lead managers of the public issue. 

Parijat Industries is engaged in the development, manufacture and distribution of agrochemicals. It has presence across 65 countries in Asia, West Africa, Europe and North America, and its customers include Mankind Agritech, Rallis India, IFFCO MC Crop Science, Coromandel International, Bayer Cropscience and Dhanuka Agritech. 


Peers
Company Name CMP
UPL 644.80
PI Industries 2952.55
Bayer CropScience 4794.65
Sharda Cropchem 1057.70
Sumitomo Chemical 418.10
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