IPO

Godrej Agrovet Ltd IPO

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Offer Date: Oct 4, 2017 - Oct 6, 2017

₹ 14720 /32 Shares

04 Oct, 2017

Open Date

06 Oct, 2017

Close Date

11 Oct, 2017

Allotment Date

16 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 450 - Rs 460 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Equity Shares of Rs 10 aggregating up to Rs 1157.31 Cr 
  • Listing at NSE, BSE
  • Lead Manager Axis Capital LimitedCredit Suisse Securities (India) Private LimitedKotak Mahindra Capital Company Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹450 - 460 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Oct 4, 2017 and ends on Oct 6, 2017. The allotment for IPO will be finalized on Oct 11, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 16, 2017. The company shall list its equity shares on the NSE, BSE. Karvy Computershare Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital LimitedCredit Suisse Securities (India) Private LimitedKotak Mahindra Capital Company Limited.


The IPO sets its price band at 450 - 460 for each share. A single application for Godrej Agrovet Ltd IPO must contain at least 32 shares.

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IPO Subscription Analysis And Details
Retail
7.16x
QIB
150.96x
NII
236.04x
Total
95.16x
As on QIB NII Retail Total
Shares Offered / Reserved 50,82,882 37,50,042 87,50,096 1,80,27,464
Day 1 04-10-17
0.27 x 0.09 0.87 x 0.52 x
Day 2 05-10-17
1.95 x 2.07 2.78 x 2.33 x
Day 3 06-10-17
150.96 x 236.04 7.16 x 95.16 x
Valuations
IPO - Issue Objectives
1

Repayment or prepayment of working capital facilities availed

2

Repayment of commercial papers issued by the Company

3

General Corporate purpose