Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Crystal Crop Protection Ltd / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/27364" target="_blank" data-smartkarma-citation="entities:27364:1">Crystal Crop Protection Ltd (0077937D IN)</a> plans to raise US$150m in its IPO. The company primarily sells agrichemicals in the Indian market.The company has delivered mixed earnings over the past few years. The DRHP fails to explain the decline in revenue in FY16 or the steady decline in insecticide sales, nor does it provide any details of the shift in sales towards institutions and away from the company's own brands. In this insight, we will look into some of these issues while briefly touching on valuations and providing a list of questions for management. Once the deal is live, we will follow-up with another insight.

Crystal Crop Protection Ltd (0077937D IN) plans to raise US$150m in its IPO. The company primarily sells agrichemicals in the Indian market.The company has delivered mixed earnings over the past few years. The DRHP fails to explain the decline in revenue in FY16 or the steady decline in insecticide sales, nor does it provide any details of the shift in sales towards institutions and away from the company's own brands. In this insight, we will look into some of these issues while briefly touching on valuations and providing a list of questions for management. Once the deal is live, we will follow-up with another insight.

Crystal Crop Protection Pre-IPO - DRHP Raises More Questions than in Answers

India

Crystal Crop Protection Limited manufactures and markets agrochemical products. The Company provides insecticides, fungicides, herbicide, weedicide, plant growth regulators, and micro nutrients. Crystal Crop Protection serves customers worldwide.

Crystal Crop Protection Ltd (0077937D IN)

Crystal Crop Protection Pre-IPO - DRHP Raises More Questions than in Answers

Crystal Crop Protection Ltd (0077937D IN) plans to raise US$150m in its IPO. The company primarily sells agrichemicals in the Indian market.The...

Sumeet Singh