Bookbuilding IPO | ₹1,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Eldorado Agritech Ltd. on December 5, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Eldorado Agritech Ltd. IPO is a Book Build Issue of ₹1,000.00 crores consisting of a fresh issue of shares worth Rs ₹340.00 crores and an offer for sale (OFS) of ₹660.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Anand Rathi Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Eldorado Agritech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,000 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹340 Cr) |
| Offer for Sale | [.] shares of ₹2 (agg. up to ₹660 Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Sep 3, 2025 |
| SEBI/Exchange approval received | Fri, Dec 5, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated on 16 June 2009, Eldorado Agritech Limited is in the agriculture, forestry, and fishing sector with a focus on seed production and distribution.
The company operates under the brand Srikar Seeds, Eldorado Agritech offers a portfolio of hybrid and OPV (open-pollinated) seeds across key crops such as maize, paddy (rice), cotton, wheat, bajra (pearl millet), and vegetables spanning.
The company have a product portfolio of 226 hybrids and OPV seeds for 47 crops.
The company also holds 269 registered agrochemical formulations with the Central Insecticides Board & Registration Committee (CIBRC) and has filed for nine product patents under the Indian Patents Act.
Product Portfolio:
As of June 30, 2025, the company had 1,371 employees on payroll.
Competitve Strengths:
Eldorado Agritech Ltd.'s revenue increased by 25% and profit after tax (PAT) rose by 47% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 657.67 | 445.15 | 310.51 |
| Total Income | 442.54 | 352.91 | 270.05 |
| Profit After Tax | 71.86 | 48.78 | 29.33 |
| EBITDA | 111.08 | 75.70 | 45.45 |
| NET Worth | 250.13 | 177.86 | 129.12 |
| Reserves and Surplus | 239.25 | 166.98 | 118.23 |
| Total Borrowing | 272.85 | 157.46 | 107.68 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company and its Subsidiary | 245.00 |
| 2 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | 163.20 |
| 3 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Subsidiary | 81.80 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 34.60% |
| ROCE | 23.75% |
| Debt/Equity | 1.12 |
| RoNW | 33.58% |
| PAT Margin | 16.28% |
| EBITDA Margin | 25.16% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM’s fees and commissions (including underwriting commission brokerage and selling commission, as applicable) | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding/uploading charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to the Registrar to the Offer | |
| 4 | Listing fees, SEBI filing fees, upload fees, Stock Exchanges processing fees, book building software fees and other regulatory expenses | |
| 5 | Printing and stationery expenses | |
| 6 | Advertising and marketing expenses | |
| 7 | Fees payable to legal counsel | |
| 8 | Fees payable to the Monitoring Agency, PCS, etc. | |
| 9 | Miscellaneous |
Lead Manager Reports
Eldorado Agritech IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹1,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Eldorado Agritech IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Eldorado Agritech IPO using UPI as a payment gateway. Zerodha customers can apply in Eldorado Agritech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Eldorado Agritech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Eldorado Agritech IPO dates are not announced. Please check back again after some time.
Eldorado Agritech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Eldorado Agritech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Eldorado Agritech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Eldorado Agritech IPO allotment status.
The Eldorado Agritech IPO listing date is not yet announced. The tentative date of listing is .
