The Godrej Agrovet IPO date has been confirmed as October 4, 2017, ending on October 6, 2017. Read the post to learn about Godrej Agrovet IPO GMP.
Using an IPO, Godrej Agrovet is seeking to raise Rs 1,157.31 crore. Its price band is set at ₹450 to ₹460 per share. The minimum lot size for an application is 32 shares. The minimum amount of investment required by retail investors is ₹14,720.
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Key Details Of Godrej Agrovet IPO
Bidding Dates
October 4-6
Price Range
₹450 to ₹460 per share
Face Value
₹10 per share
GMP
₹518.45
Godrej Agrovet IPO GMP
The Godrej Agrovet Limited IPO GMP is ₹518.45.
Godrej Agrovet IPO Overview
An offering centered around a book, the Godrej Agrovet IPO is valued at Rs 1,157.31 crore. The Godrej Agrovet Initial Public Offering (IPO) bidding period was completed on October 6, 2017. The Godrej Agrovet IPO allocation was finished on Thursday, October 12, 2017. The shares were floated on the BSE and NSE on October 16, 2017. The initial public offering (IPO) pricing range for Godrej Agrovet is 450 to 460 per share. Applications must have a lot size of 32 shares. The minimum investment required of retail investors is $14,720.
Product Portfolio
- The goods in the animal feed industry include speciality feed, aqua feed (fish and shrimp), cow feed, and poultry feed (broiler and layer). The goods are made at 35 locations and distributed throughout India by 4000 wholesalers.
- The company manufactures specialist herbicides, organic manures, generic agrochemicals, and plant growth regulators in the crop protection industry. In addition to 24 other nations, India sells the items. This business area comprises more than 6,000 distributors for the organization.
- In the oil palm industry, the company sells palm kernel cake, crude palm oil, and crude palm kernel oil. It owns five palm oil mills.
- A company called Creamline Dairy runs the dairy industry. The firm sells Jersey milk products in five states of South India. 50 retail parlors, 2,500 distributors of milk products, and nine milk processing facilities are all owned by it.
- The company also produces processed poultry and vegetarian products under the brands ‘Real Good Chicken’ and ‘Yummiez’.
Godrej Agrovet IPO Details
IPO Date | October 4, 2017 to October 6, 2017 |
Listing Date | October 16, 2017 |
Face Value | ₹10 per share |
Price Band | ₹450 to ₹460 per share |
Lot Size | 32 Shares |
Total Issue Size | [.] shares (aggregating up to ₹1,157.31 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Godrej Agrovet IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 32 | ₹14,720 |
Retail (Max) | 13 | 416 | ₹191,360 |
Godrej Agrovet IPO Timeline
IPO Open Date | Wednesday, October 4, 2017 |
IPO Close Date | Friday, October 6, 2017 |
Basis of Allotment | Thursday, October 12, 2017 |
Initiation of Refunds | Friday, October 13, 2017 |
Credit of Shares to Demat | Friday, October 13, 2017 |
Listing Date | Monday, October 16, 2017 |
Cut-off time for UPI mandate confirmation | 5 PM on October 6, 2017 |
Company Profile
![Godrej Agrovet](https://ipoupcoming.com/wp-content/uploads/2023/12/Godrej-Agrovet.jpg)
Godrej Agrovet is an India-based agri-business company that offers items such as animal feed, crop protection, oil palm, dairy and poultry, and processed foods. Godrej Agrovet is India’s largest crude palm oil producer and a significant animal feed manufacturer. Company Strengths:
- Pan-India presence with extensive supply and distribution network.
- Diversified businesses with five business verticals.
- Emphasis on R&D
- Part of the Godrej group. Part of a strong ‘Godrej’ brand.
- Leading position in the segments it operates.
Registrar Info
Name | Kfin Technologies Limited |
Phone number | 04067162222, 04079611000 |
Email ID | [email protected] |
Website | kosmic.kfintech.com |
Contact Details
Name | Godrej Agrovet Limited |
Phone number | (91 22) 2519 4416 |
Email ID | [email protected] |
Website | godrejagrovet.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Godrej Agrovet IPO FAQs
When Godrej Agrovet IPO will open?
The Godrej Agrovet IPO opens on October 4, 2017 and closes on October 6, 2017.
What is the lot size of Godrej Agrovet IPO?
Godrej Agrovet IPO lot size is 32 Shares, and the minimum amount required is ₹14,720.
When is Godrej Agrovet IPO listing date?
The Godrej Agrovet IPO listing date is on October 16, 2017.
![crop protection](https://ipoupcoming.com/wp-content/uploads/2024/04/crop-protection.jpg)
![Godrej Agrovet IPO logo](https://ipoupcoming.com/wp-content/uploads/2024/04/Godrej-Agrovet-IPO-GMP-Review-Price-Allotment-1.jpg)
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