Sunday, September 24, 2017

Godrej Agrovet IPO Dates, Price Band, Market Lot Details

   

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Godrej Agrovet is coming up with 300 crore ipo. They are doing agri-business and their product range are animal feed, crop protection, dairy and poultry and processed foods. They have strong network for supplying their products in India. They are a part of Godrej Group.
  • Animal Feed Business: Products are produced at 35 facilities with 4000 distributors across india.
  • Crop Protection Business: They are selling products in 24 countries across 6000 distributors.
  • Oil Palm Business: They have five palm mills.
  • Dairy Business: They are selling milk and dairy products under Jersey brand in South Indian states. They have 2500 distributors and 50 retail parlors for the same.
  • Processed Poultry and Vegetarian Products: They are producing products under brand Real Good Chicken and Yummiez.


Godrej Agrovet IPO Review:
  • Apply for Listing Gain & Long Term Gain
Godrej Agrovet IPO Dates & Price Band: (Approx)
  • IPO Open: 04-October-2017
  • IPO Close: 06-October-2017
  • IPO Size: Approx Rs. 1157 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 450 to 460 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity Shares: 300 Crore + 12,300,000 Shares
Godrej Agrovet IPO Market Lot:
  • Shares: Apply for 32 Shares (Minimum Lot Size)
  • Amount: Rs. 14720
Godrej Agrovet IPO Allotment & Listing:
  • Basis of Allotment: 11-October
  • Refunds: 12-October
  • Credit to demat accounts: 13-October
  • Listing: 16-October
Godrej Agrovet Financial:
Godrej Agrovet looks good as PAT is increasing on yoy. The things are looking positive and strong performance as well. The PAT is 274 crore up by 3 times compare to 2013. Their expenses increased but revenues also increased as well. The IPO price and the issue size is been on a positive side as well.

Financial (in INR Crore)


20132014201520162017
Revenue
27723117332638184983
Expenses
26342929310836094649
PAT
97157210261274


Company Promoters:
  • Mr Nadir B. Godrej
  • Mr Adi B. Godrej
Quick Links:
DRHP Draft Prospectus


Godrej Agrovet IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
Godrej Agrovet IPO Lead Managers:
  • Axis Capital Limited
  • Credit Suisse Securities (India) Private Limited
  • Kotak Mahindra Capital Company Limited
Company Address:
Godrej Agrovet Limited
Godrej One, 3rd Floor, Pirojshanagar,
Eastern Express Highway,
Vikhroli (East), Mumbai 400 079
Phone: (91 22) 2519 4416
Fax: (91 22) 2519 5124
Email: [email protected]
Website: http://www.godrejagrovet.com/

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