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Crystal Crop Protection files draft papers with SEBI for IPO

23 Dec 2025 Evaluate

Crystal Crop Protection has filed draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through initial public offering (IPO) comprising a fresh issue of shares worth Rs 600 crore. Apart from fresh issues, there will be an offer for sale (OFS) of 74,05,387 shares by promoters and investors. 

Proceeds from the fresh issue would be used for debt payment of the company as well as its subsidiary, Saffire Crop Science, funding inorganic growth through unidentified acquisitions and strategic initiatives and general corporate purposes. IIFL Capital Services, DAM Capital Advisors and Motilal Oswal Investment Advisors have been appointed as merchant bankers to assist the company in its maiden public offering. 

Crystal Crop Protection is a crop solutions company with agrochemicals and seeds at the core of offering. Its diversified portfolio includes products for crop protection such as herbicides, fungicides, insecticides and natural crop solutions like bio-stimulants, bio-protectants, plant growth regulators, liquid fertilizers and micronutrients; and seeds such as for field crops, vegetable crops and flowers.


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