Godrej Agrovet is going to come out with its initial public offering (IPO) in the month of October and soon more details about this IPO will be out.
I am sure in the current BULL RUN, small and medium investors are running after all public issues without even looking into details and fundamentals of the company in hope of getting good listing gains !!!
After good response to recent issues like D-Mart, HUDCO, CDSL, AU Small Finance Bank, Salasar Techno Engineering, Cochin Shipyard Limited, Dixon Technologies, etc, investors would be eagerly waiting for Godrej Agrovet IPO….
I am sure you might be searching for all details about Godrej Agrovet IPO.
Godrej Agrovet Company Profile :
Godrej Agrovet Ltd, is the agri-business subsidiary of Godrej Industries Ltd. The company operates across five business verticals viz. animal feed, crop protection, oil palm, dairy, and poultry and processed foods.
Godrej Agrovet is the largest manufacturer of compound feed in India, producing 1.1 million tonnes of feed and nutrition products for dairy cattle, poultry and aquaculture annually. It also has palm oil plantations and makes hybrid seeds.
The IPO comprises a fresh issue of shares worth Rs 300 crore besides an offer for sale (OFS) by promoter Godrej Industries and V-Sciences Investments Pte, the investment arm of Temasek.
The total issue size is estimated at Rs 1,200 crore.
The proceeds of the IPO will be used for repayment or prepayment of working capital facilities, repayment of commercial papers and general corporate purposes
Godrej Agrovet Promoters:
- Adi Godrej-led Godrej Industries
- V-Sciences Investments Pte (Investment arm of Temasek)
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Godrej Agrovet IPO Detail :
Issue Open: Mid October
Issue Type: Book Built Issue IPO
Issue Size: Details Yet to be Declared
Face Value: Details Yet to be Declared
Issue Price: Details Yet to be Declared
Market Lot: Details Yet to be Declared
Minimum Order Quantity: Details Yet to be Declared
Listing At: BSE, NSE
Important Dates of Godrej Agrovet IPO :
Bid/Offer Opens On: Details Yet to be Declared
Bid/Offer Closes On: Details Yet to be Declared
Finalisation of Basis of Allotment: Details Yet to be Declared
Initiation of refunds: Details Yet to be Declared
Credit of Equity Shares to demat accounts: Details Yet to be Declared
Commencement of trading of the Equity Shares on the Stock Exchanges: Details Yet to be Declared
IPO Issue Allocation :
- Qualified institutional buyers (QIBs) – 50% of the offer.
- Non-institutional bidders – 15% of the offer.
- Retail individual bidders – 35% of the offer.
Download Red Herring Prospectus of Godrej Agrovet IPO :
To Download Red Herring Prospectus of Godrej Agrovet IPO Click Here
Grey Market Premium (GMP) of Godrej Agrovet :
As of now the price band of Godrej Agrovet has not been announced so the grey market activity for this IPO has not yet started. Will soon update you regarding Grey Market Premium of Godrej Agrovet.
Company Contact Information :
Godrej Agrovet Ltd
3rd floor, Pirojshanagar,
Eastern Express Highway,
Vikhroli (East), Mumbai, Maharashtra 400079
Godrej Agrovet IPO Registrar :
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Godrej Agrovet IPO Lead Manager(s) :
- Kotak Mahindra Capital Co. Ltd,
- Axis Capital Ltd
- Credit Suisse Securities (India) Pvt.
Godrej Agrovet IPO Allotment Status :
You can check the allotment status i.e., whether you have got the shares of Godrej Agrovet or not by vising the website of Registrar of the Issue which in this case is Karvy Computershare.
Check Godrej Agrovet IPO Allotment Status @ Check Godrej Agrovet IPO Allotment Online