Eldorado Agritech Ltd. IPO Details
Eldorado Agritech was incorporated on June 16, 2009. The company is an integrated agro-sciences firm offering end-to-end solutions from seed innovation to crop care products. It develops, produces, and distributes seeds, bio-stimulants, agrochemicals, and specialty fertilizers, achieving the fastest revenue growth among listed peers in India with a 27.92% CAGR from FY23 to FY25 (F&S Report)
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹10,000.0 M | DRHP DOC |
Eldorado Agritech issue details
Eldorado Agritech IPO issue size is ₹ 10,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Eldorado Agritech IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Eldorado Agritech NUMBER OF SHARES ON OFFER
Eldorado Agritech FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 441.5 | 71.9 | -69.6 | -90.6 | 25.2% |
| FY24 | 352.2 | 48.8 | 3.4 | -47.7 | 21.5% |
| FY23 | 269.8 | 29.3 | -27.3 | -30.2 | 16.8% |
Eldorado Agritech INFORMATION ON IPO ISSUE
About Eldorado Agritech
Eldorado Agritech was incorporated on June 16, 2009. The company is an integrated agro-sciences firm offering end-to-end solutions from seed innovation to crop care products. It develops, produces, and distributes seeds, bio-stimulants, agrochemicals, and specialty fertilizers, achieving the fastest revenue growth among listed peers in India with a 27.92% CAGR from FY23 to FY25 (F&S Report)
Object of the Issue
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the company and its subsidiary
- General corporate purposes
Eldorado Agritech - PROMOTERS
| Name |
|---|
| Srinivasa Rao Linga |
| Usha Rani Papineni |
Eldorado Agritech - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Srinivasa Rao Linga | Chairman & Managing Director |
| Usha Rani Papineni | Managing Director |
| Linga Mallikharjuna Rao | Whole-time Director |
| Satish Yadlapalli | Independent Director |
| Karunasree Samudrala | Independent Director |
| Cherukuri Sreenivasa Rao | Independent Director |
Eldorado Agritech Book Running Lead Manager
Anand Rathi Advisors Limited
ipo.eldorado@rathi.com
Equirus Capital Private Limited
eldorado.ipo@equirus.com
Eldorado Agritech Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Eldorado Agritech Strengths
Diversified product portfolio
The company is a diversified agro-sciences firm providing end-to-end ‘seed to harvest’ solutions with seeds, bio-stimulants, agrochemicals, and specialty fertilizers. Its comprehensive product portfolio helps build brand trust and serve farmers throughout the crop cultivation lifecycle
Pan-India presence
The company has a pan-India presence with an expanding distribution and farmer network, supported by warehouses and C&F agents across 18 states as of June 30, 2025. This geographic expansion from 14 states in FY23 enables market diversification and reduces regional dependency
R&D capabilities
The company emphasizes R&D as key to developing quality seeds and crop care products, with systematic germplasm development, product innovation, and field testing. Its R&D farms, expanding from 84 acres in FY23 to 188.16 acres by June 30, 2025, are spread across multiple states to test and evaluate products under diverse agro-climatic conditions
Eldorado Agritech Risks
Vulnerable to weather conditions
The company’s operations in seeds, bio-stimulants, agrochemicals, and fertilizers are vulnerable to weather, pests, and cropping patterns. Adverse conditions or climate-related events could impact product performance, delay R&D, and negatively affect business and financial results
Depend on farmers
The company relies on a network of grower farmers across multiple states for seed production, supported by short-term lease agreements. Effective management of this network is crucial, as any disruption could adversely affect operations, production, and cash flows
Quality control
The company is subject to strict technical and quality standards. Failure to meet these requirements could lead to product bans, higher compliance costs, loss of customers, and damage to its reputation, adversely affecting business and operations
IPO FAQs
The promoters of the company are Srinivasa Rao Linga and Usha Rani Papineni.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.