IPO

K.P.R. Agrochem Limited IPO

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Offer Date: Jun 28, 2019 - Jul 2, 2019

IPO Cancelled

₹ 12200 /200 Shares

28 Jun, 2019

Open Date

02 Jul, 2019

Close Date

08 Jul, 2019

Allotment Date

10 Jul, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 59/- to Rs 61/- per Equity Share
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total issue of 4,64,26,229 Equity Shares of Rs 10/- at a price of Rs 59/- to Rs 61/- per share aggregating to Rs 283.20 Cr > Fresh issue of 3,44,26,229 Equity Shares of Rs 10/- at a price of Rs 59/- to Rs 61/- per share aggregating to Rs 210.00 Cr> Offer for Sale of 1,20,00,000 Equity Shares of Rs 10/- at a price of Rs 59/- to Rs 61/- per share aggregating to Rs 73.20 Cr
  • Listing at NSE, BSE ( T - Group )
  • Lead Manager PL Capital Markets Private Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹59 - 61 per equity share, which has a face value of Rs 10/- Per Equity Share  each, IPO bidding starts from Jun 28, 2019 and ends on Jul 2, 2019. The allotment for IPO will be finalized on Jul 8, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 10, 2019. The company shall list its equity shares on the NSE, BSE ( T - Group ). Karvy Computershare Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are PL Capital Markets Private Limited.


The IPO sets its price band at 59 - 61 for each share. A single application for K.P.R. Agrochem Limited IPO must contain at least 200 shares.

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Valuations
Earnings Per Share (EPS) Rs 2.47
P/E Ratio 24.66
RoNW 13.34%
Net Asset Value (NAV) - As on 31.12.18 Rs 29.14
IPO - Issue Objectives
1

Offer for Sale(a) To carry out the disinvestment of 1,20,00,000 Equity Shares by the Selling Shareholder in the company. (b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

2

Fresh Issue(a) Repayment/prepayment, in full or part, of certain borrowings availed by our Company.(b) To meet additional working capital requirement of our Company.(b) General corporate purposes.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
KPR Agrochem Limited 2.09 24.66 13.34% 600.82
Coromandel International Limited 3.56 16.23 21.92% 13,224.56
Chambal Fertilisers & ChemicalsLimited 2.25 10.42 21.63% 10,177.36
Deepak Fertilizers & Petrochemicals Corp Limited 0.53 15.70 3.37% 6742.06
Insecticides India Limited 1.89 10.20 18.51% 1191.95
Excel Crop Care Limited 5.54 37.81 14.66% 1319.06
Dhanuka Agritech Limited 2.83 16.14 17.53% 1005.84
Aarti Industries Limited 5.73 32.78 17.48% 5014.22