The Agro Phos India IPO is a book-built offering for Rs 12.94 crore. Bidding for the Agro Phos India IPO began on October 27, 2016 and finished on November 7, 2016. On November 16, 2016, the shares were listed on the NSE SME. The pricing range for Agro Phos India’s initial public offering (IPO) is set at 19 to 22 rupees per share. A lot size of 6,000 shares is required for an application. Retail investors must make a minimum commitment of $130,000.
Agro Phos India Ltd., founded in 2002, produces fertilizers such as Single Super Phosphate (SSP), Nitrogen Phosphate and Potassium (NPK), Zinc Sulfate, Organic Manure, and Calcium Sulfate, often known as soil conditioners or gypsum. Manufacturing facilities for the company are located in Dewas and Meghnagar, Madhya Pradesh, and are well equipped with necessary amenities such as machinery, cranes, conveyor belts, and other handling equipment to support a smooth manufacturing process and simple logistics.
Objects of the Issue (Agro Phos India IPO Objectives)
The objects of the issue are:
- Repayment or prepayment of certain borrowings availed by Company;
- Working Capital requirements;
- General Corporate Purposes
- Issue Expenses
Agro Phos India IPO Details
| IPO Date | October 27, 2016 to November 7, 2016 |
| Listing Date | November 16, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹19 to ₹22 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 5,880,000 shares (aggregating up to ₹12.94 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Agro Phos India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹132,000 |
| Retail (Max) | 1 | 6000 | ₹132,000 |
Agro Phos India IPO Listing Details
| Listing Date | November 16, 2016 |
| BSE Script Code | |
| NSE Symbol | AGROPHOS |
| ISIN | INE740V01019 |
| Final Issue Price | ₹22 per share |
Agro Phos India Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹22.00 |
| Open | ₹26.40 |
| Low | ₹22.10 |
| High | ₹26.40 |
| Last Trade | ₹22.85 |
Agro Phos India Ltd Contact Details
Agro Phos India Ltd
M-87 Trade Center 18M,
South Tukoganj,
Indore, 452001
Phone: +91-0731-2529490
Email: [email protected]
Website: http://www.agrophos.com
Agro Phos India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Agro Phos India IPO FAQs
Q1. What is Agro Phos India IPO?
Ans. Agro Phos India IPO is a SME IPO of 5,880,000 equity shares of the face value of ₹10 aggregating up to ₹12.94 Crores. The issue is priced at ₹19 to ₹22 per share. The minimum order quantity is 6000 Shares. The IPO opens on October 27, 2016, and closes on November 7, 2016.
Q2. When Agro Phos India IPO will open?
Ans. The Agro Phos India IPO opens on October 27, 2016 and closes on November 7, 2016.
Q3. What is the lot size of Agro Phos India IPO?
Ans. Agro Phos India IPO lot size is 6000 Shares, and the minimum amount required is ₹132,000.
Q4. When is Agro Phos India IPO listing date?
Ans. The Agro Phos India IPO listing date is on November 16, 2016.
