Godrej Agrovet Limited IPO is coming in October 2017. The company has notified that it is coming with an IPO in October 2017. As per the official notification, the company will open its IPO on 04 October 2017 and the last date to apply for the IPO will be 06 October 2017. The company is going to raise Rs. 1,160 crore ($177.6 million) through its initial public offering.
The company has set a price range of Rs. 450- Rs. 460 a share. Godrej Agrovet Limited will sell new shares worth up to Rs. 292 crore. The main shareholder of the company, which is Godrej Industries, will sell Rs. 300 crore worth of shares. A unit of Singapore’s Temasek Holdings will also sell up to 12.3 million shares, which would be worth Rs. 566 crore at the upper band of the price range.
Investors who want to apply for the IPO of Godrej Agrovet Limited should read the below-given part of this website to get more information about the Price, Date, Financials, Review, Godrej Agrovet Limited IPO Allotment, Godrej Agrovet Limited IPO Subscription, Listing Date info etc. We will try to provide all relevant information about the Godrej Agrovet IPO. Investors need to read all information carefully to make their decision.
- 1 Godrej Agrovet IPO
- 2 Godrej Agrovet IPO Date, Price, Subscription, Allotment, Grey Market, GMP, Listing
- 2.1 Godrej Agrovet IPO Price Band
- 2.2 Godrej Agrovet IPO Date
- 2.3 Godrej Agrovet Limited IPO Allotment Status
- 2.4 Godrej Agrovet Listing Date
Godrej Agrovet IPO
About the company: Godrej Agrovet Limited is an agri-business company. The company has largest research and development facility. It was established in 1991. In the financial year 2016, it was the leading compound animal feed company in India.
Godrej Agrovet sells the various product under these categories:
- Animal feed.
- Crop protection.
- Oil palm.
- Poultry and processed foods.
It has a joint venture in Bangladesh named ACI Godrej, which was the fourth largest feed producer. The company is the largest crude palm oil producer in India. It sells its dairy products under the brand name of ‘Jersey’ in Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, and Maharashtra.
Company Promotors: GODREJ INDUSTRIES LIMITED, NADIR B. GODREJ AND ADI B. GODREJ
Grey Market Price, Rates, GMP Premium
|26 September 2017||Rs. 115 to 120||Rs. 425||—-|
|05 October 2017||Rs. 115||Rs. 500||Rs. 2500|
|09 October 2017||Rs. 135||Rs. 650||Rs. 3200|
|10 October 2017||Rs. 155||Rs. 770||Rs. 3200|
Godrej Agrovet IPO Date, Price, Subscription, Allotment, Grey Market, GMP, Listing
|Name||Godrej Agrovet Limited|
|Open Date||04 October 2017|
|Close Date||06 October 2017|
|Allotment Date||11 October 2017|
|Refund Date||11 October 2017|
|Issue Price||Rs. 450 – Rs. 460 Per Equity Share|
|Lot Size||32 Shares|
|Minimum Order Quantity||32 Shares|
|Issue Type||Book Built Issue IPO|
|Issue Size||Initial Public offer of Rs. 10 for Fresh Issue of Rs 2915.12 million and an Offer for Sale of upto 12,300,000 Equity Shares and upto Rs. 3000 million|
|Lead Manager||Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Kotak Mahindra Capital Company Limited|
|Registrar||Karvy Computer Share Private Limited|
|Registrar Email||[email protected]|
|Investor Grievance||[email protected]|
|Registrar Phone||+91 40 6716 2222|
|Listing at||NSE / BSE|
Daily Subscription Figures
|DATE||SHARES OFFERED||04 October 2017||05 October 2017||06 October 2017|
Godrej Agrovet IPO Price Band
The face value of each equity share of Godrej Agrovet will be Rs. 10 with issue price ranging between Rs. 450 to Rs. 460. The minimum lot size for subscription is 32 shares. The company is eyeing to raise ₹1160 cr via this IPO.
Godrej Agrovet IPO Date
Godrej Agrovet has notified the exchanges that the IPO of the company opens on 4 October and closes on 6 October 2017. Godrej Agrovet which received its “observations” from SEBI on 08 September 2017 has filed the draft red herring prospectus (DRHP) in July 2017.
The company has appointed Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Kotak Mahindra Capital Company Limited as a lead manager to the issue.
The registrar to the Godrej Agrovet Limited is Karvy Computershare Private Limited. The allotment and other issue related things will be handled by the Karvy.
Godrej Agrovet Limited IPO Allotment Status
As per the expectation, the allotment of Godrej Agrovet IPO will be done on 11 October 2017. Karvy is the registrar of the company and it is going to issue the allotment of the IPO on its website, those who have applied for the IPO and looking for the allotment link should check our website. The link will be open on 11 October 2017.
Godrej Agrovet Listing Date
Listing Date Update: The listing will be done on 16 October 2017. The allotment will be done on or around 11 October 2017 and the expected listing date of Godrej Agrovet IPO will be 16 October 2017. We will be updating this page with the listing date in future, keep watching this page.
Listing Day Figures (16th October 2017)
|NSE (GODREJAGRO)||BSE (540743)|
|IPO Price||Rs. 460||Rs. 460|
|Open||Rs. 615.60||Rs. 621|
|High||Rs. 630||Rs. 629.85|
|Low||Rs. 563.40||Rs. 563.80|
|Close||Rs. 595.65||Rs. 595.55|
|Difference||UP Rs. 135.65 (+29.49%)||UP Rs. 135.55 (+29.47%)|