Crystal Crop Protection IPO: date, price band ₹259 to ₹272, lot size and how to apply
Crystal Crop Protection IPO opens 18 November 2026 at ₹259 to ₹272. Lot size 55 shares, allotment 23 November, listing 26 November. How to apply.
Crystal Crop Protection, a crop solutions company that sells agrochemicals and seeds, has set the dates and price band for its IPO. The issue opens on Wednesday, 18 November 2026. Here are the key facts as reported from the company's price band advertisement, and what they mean for a retail applicant. The offer document (RHP) is the final word, so read it before you bid.
Key details
- Issue dates: 18 to 20 November 2026. Anchor investors bid a day earlier, on 17 November.
- Price band: ₹259 to ₹272 a share. Face value is ₹10.
- Lot size: 55 shares, and then multiples of 55.
- Issue size: about ₹455 crore. Of this, ₹354.77 crore is new shares and ₹100.71 crore is an offer for sale by promoter Ankur Aggarwal, as reported by Upstox.
- What the new money is for: repaying borrowings of the company and its subsidiary Saffire Crop Science, funding acquisitions that are not yet identified, and general corporate purposes.
- Value of the company: the advertisement, as cited by Bloomberg and Business Today, implies a market value of about ₹4,438 crore after the issue.
- Exchanges: NSE and BSE.
- Registrar: MUFG Intime India.
- Lead managers: IIFL Capital Services, DAM Capital Advisors and Motilal Oswal Investment Advisors, as named in the draft offer document.
What the company does
Crystal Crop Protection was established in 1994. It is a crop solutions company with agrochemicals and seeds at the core of its business, as Upstox describes it. Saffire Crop Science is its material subsidiary.
How much money you need
One lot of 55 shares costs ₹14,960 at ₹272 and ₹14,245 at ₹259. A retail investor can bid for up to ₹2 lakh. That is 13 lots or 715 shares, costing ₹1,94,480 at ₹272. You can bid at any price in the band, or at the cut-off price.
Who gets what share
- Qualified institutional buyers: 50% of the net offer.
- Non-institutional investors (bids above ₹2 lakh): 15%.
- Retail investors (bids up to ₹2 lakh): 35%.
Allotment, refund and listing dates
IPOs now list 3 working days after the issue closes. 24 November 2026 is a market holiday for Guru Nanak Jayanti, so the dates run like this:
- Allotment: Monday, 23 November 2026.
- Refund or unblocking of money: Wednesday, 25 November 2026.
- Shares in your demat account: Wednesday, 25 November 2026.
- Listing on NSE and BSE: Thursday, 26 November 2026.
These dates come from news reports of the company's schedule. The exchanges can change them, so check the RHP.
How to apply
- Use the IPO section of your broker app or net banking. You need a demat account and a UPI ID or an ASBA bank account.
- Pick Crystal Crop Protection, enter the number of lots and the price, and approve the UPI mandate on your phone. The money is only blocked, not paid, until shares are allotted.
- Apply once per PAN. Several applications on one PAN are rejected.
After allotment you can check your status with the registrar, MUFG Intime, or on the BSE or NSE page. All the links are on our allotment status page.
About the grey market premium
Some websites showed a grey market premium (GMP) of ₹0 to ₹12 for this IPO before the price band was out, and the figures differ by site. GMP is unofficial. It comes from deals outside the stock exchanges that SEBI does not regulate, it changes every day, and the listing price can be very different.
Before you decide
Saifu is not a SEBI-registered investment adviser. This guide gives facts from the offer document and news reports. It is not a recommendation to buy, hold or sell. Investments in shares are subject to market risk. Read the risk factors in the RHP and decide for yourself.
Sources: Upstox: Crystal Crop Protection IPO opens Nov 18, Business Today (citing Bloomberg): Crystal Crop Protection IPO price band fixed at Rs 259-272, IPO Watch: Crystal Crop Protection IPO details, Crystal Crop Protection: draft red herring prospectus dated 17 December 2025 (copy on a third-party site), Saifu: stock market holidays.
Rules, rates and limits change. Check the official source linked above before you rely on a figure here. Posts never contain referral or affiliate links from the writer.
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