Equity Market Pundit

Insecticides India Ltd (IIL) has today emerged as a 175 crore enterprise with a credible reputation and core competencies in the area of agro-chemicals.Its range of innovative end-to-end solutions have continuously improved safety of various crops across the country.Many of its products are now a benchmark for the industry. Today, IIL is a frontline performer which has emerged as a preferred brand in India, whose footprints cover the length and breadth of the country with 4 Regional Offices,7 Area Offices and 24 depots. The company has developed a core network of distribution and sales at national level,with representations in all parts of the country. IIL has 5000 distributors and over 50,000 dealers across the country.They have products for both Crop Protection and Urban Pest.

The Initial Public Offering of Insecticides India Ltd will open for subscription on Monday, 7-May-2007. The issue will close for subscription on 11-May-2007

Book Running Lead Manager is UTI Securities Ltd

You can vist the company's website Insecticides India Ltd and get the prospectus at Insecticides India LTD (IPO)

The price band of the issue is between Rs 97 and Rs 115 per equity share and is scheduled to open on May 7 and close on May 11.