The company plans to list its shares on the NSE EMERGE exchange in order to raise Rs 26.73 crore through a fresh offering. Debt repayment will take up Rs 70 lakh, working capital requirement Rs 19 crore, and general corporate purposes Rs 6.5 crore of the net proceeds from the offering.

The issue’s lone book running manager is Interactive Financial Services.

Corp Life Science Ltd is an agrochemical firm that manufactures and sells a wide range of chemical fertilisers, pesticides, and other agricultural inputs. Products like insecticides and micro fertilisers are only two of many that the company produces. Chemicals used to control insects, fungi, herbs, and weeds are all considered pesticides. There are 296 pesticide technical formulation approvals held by the company.

There are currently 133 trademark registrations for the company’s branded products and logo, covering a wide range of classifications and categories. In addition, there are currently 19 trademark applications being reviewed. Products formulated by the firm are marketed under the respective brand names. The company has eight copyrights that were filed for protection under the Copyrights Act, and the design of its bottles was protected by the Designs Act and Rules. It has 4 issued patents and 4 pending patent applications under the Patent Act.

Income for the fiscal year ending February 18, 2023, was Rs 4.37 crore on revenues of Rs 122.54 crore. The sum of money borrowed within that time frame was Rs 26.82 crore.

Its income dropped to Rs 102 crore in FY22 from Rs 118.93 crore the previous year. The period’s net profit was Rs 2.81 crore, down from Rs 3.7 crore the previous year.

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