The month of November saw an upsurge in IPOs, leaving investors with mixed feelings. PAYTM, India’s largest IPO to date, went public in November 2021 for Rs 18,300 crores. Sigachi Industries, which went public on November 15th, 2021, returned more than 250% on investment, making it one of the month’s best-performing IPOs. In light of this, we present to you the next essential IPO, which is scheduled to go public in the last month of 2021. So, let’s have a look at the key elements of the Keventer Agro Ltd IPO, which will take place in December 2021.
Keventer Agro Ltd, based in Kolkata, is a fast-moving consumer goods (FMCG) company with an emphasis on packaged, dairy, and fresh food items. As of March 31, 2021, the company’s wide product line spans multiple brands and categories, with over 90 SKUs. It has also created a spot in the fresh, frozen, and ambient extended shelf-life food product categories across the value chain. The company’s primary lines of business are packaged foods and beverages, as well as dairy and fresh products. The company’s primary lines of business are packaged foods and beverages, as well as dairy
and fresh products such as “Frooti” or “Appy” or “B Fizz” or “Appy Fizz” or “Bailey” or “Smoodh” that are licensed to Parle Agro Private Limited (“Parle Agro”).
Keventer Agro IPO GMP, Date and Price Band Details
| IPO Open: | December2021 |
| IPO Close: | December 2021 |
| Listing Date: | December 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹800 Crores |
| Fresh Issue: | Approx ₹350 Crores |
| Offer For Sale: | Approx 10,767,664 Eq. Shares |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹5 / Equity share |
| QIB Portion: | -% |
| Issue Type: | Book Build |
| Retail Portion: | -% |
Keventer Agro IPO Market Lot & Size
Keventer Agro IPO’s minimum lot size is – shares with ₹- application amount and the maximum lot size is – shares with ₹- application amount.
| Minimum Lot: | 01 |
|---|---|
| Minimum Lot Size: | Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | Shares |
| Maximum Amount: | ₹- |
Keventer Agro IPO Allotment & Listing Date
| Ipo Opening Date: | December 2021 |
| IPO Closing Date: | December 2021 |
| Basis of Allotment: | December 2021 |
| Refund Date: | December 2021 |
| Credit to Demat Account: | December 2021 |
| Listing Date: | December 2021 |
Contact Details of Keventer Agro
Keventer Agro Ltd,34/1 D.H. Road, Kolkata 700 027, West Bengal, India
Tel: +91 33 3503 6200
Email: cs@keventer.com
Website: www.keventer.com
Keventer Agro IPO Registrars
Link Intime India Pvt Ltd
C-101, 1st Floor, 247 Park, L.B. S. Marg
Vikhroli (West) Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: keventer.ipo@linkintime.co.in
Website: www.linkintime.co.in
Keventer Agro Ltd IPO FAQs.
Q1. What is Keventer Agro Ltd IPO details ?
Ans. Let us now get to the meat of this piece. Here, we’re going to look at some of the most important aspects of this upcoming IPO, such as the Keventer Agro Ltd IPO date and share price.
Q2. What will be Keventer Agro Ltd IPO date ?
Ans. According to the company’s Red Herring Prospectus, the public providing of equity shares will take place in December 2021. The exact date of the issue will be showed shortly.
Q3. What are the Keventer Agro Ltd IPO issue size ?
Ans. Keventer Agro Ltd is seeking to raise Rs 350 crores in a new issue, as well as an additional issue with an offer for sale that will be disclosed later.
Q4. What are Keventer Agro Ltd IPO share price ?
Ans. The pricing range for the company’s approaching IPO has not yet been announced.
Q5. Which are Keventer Agro Ltd IPO listing ?
Ans. Since the IPO of Keventer Agro Ltd is from the mainboard, it would be listed on both – the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE)
Q6. Which are the Keventer Agro Ltd IPO objectives ?
Ans. According to the Red Herring Prospectus filed by the company, it aims to utilise the Net Proceeds towards funding the following objects
– Repayment and/or prepayment, in full or part, of certain borrowings availed by our Company
– Funding capital expenditure requirements of our Company; and
– General corporate purposes
