Proventus Agrocom Limited IPO

Proventus Agrocom Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹771 per share. The stock debuted at ₹821, delivering a listing gain of 6.5%. The IPO had a lot size of ₹160 shares and a minimum investment of ₹1,23,360.

Proventus Agrocom Limited IPO

NSE SME Listed
₹1,23,360 (160 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 24, 2023 – May 26, 2023
Price band
₹771 per equity share
Minimum Investment
₹1,23,360
Issue size
Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr) #Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr) #Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr)
Lot size
160
Allotment Date
May 31, 2023
Listing
Jun 5, 2023
Listing At
NSE SME

IPO timeline

  1. May 24, 2023

    Open Date

    Completed

  2. May 26, 2023

    Close Date

    Completed

  3. May 31, 2023

    Allotment Date

    Completed

  4. Jun 5, 2023

    Listing Date

    Completed

Proventus Agrocom Limited IPO Essentials

Proventus Agrocom Limited IPO Details

Proventus Agrocom Limited IPO is priced at ₹771 per share with a total issue size of Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr) #Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr) #Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr). The IPO has a lot size of 160 shares and is listed on NSE SME.

Issue price
₹771 per equity share
Lot size
160 shares
Face value
₹10 Per Equity Share
Issue size
Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr)

#Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr)

#Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr)
Listing at
NSE SME
List price
821.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Sundae Capital Advisors

Proventus Agrocom Limited IPO Details

  • Retail Portion N/A

Proventus Agrocom Limited IPO Documents

Proventus Agrocom Limited IPO Analytics

Proventus Agrocom Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Proventus Agrocom Limited IPO Subscription Status

Proventus Agrocom Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 473,550 428,450 902,000
Day 1 24-05-23 06:00 PM
(0.05) x 0.02 x 0.04 x
Day 2 25-05-23 06:00 PM
(0.37) x 0.14 x 0.26 x
Day 3 26-05-23 06:00 PM
(4.30) x 0.74 x 2.61 x

Proventus Agrocom Limited Valuations

Earnings

EPS (Post IPO)
₹4.14/-
P/E Ratio
186.23

Returns

RoNW
3.08%

Data sourced from DRHP / RHP • For educational purposes only

Proventus Agrocom Limited Financials( In Lakhs)

31-Dec-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 9,735.37 10,131.13 8,843.36 8,936.94
Revenue 31,909.63 40,434.57 30,173.92 90,089.01
Profit After Tax 189.82 114.03 187.90 -2,190.46

Proventus Agrocom Limited Company & Offer Insights

About Proventus Agrocom Limited

Proventus Agrochem Limited is an integrated health food brand. The company has its presence in the entire range of dry fruits, nuts, seeds, and berries. The product of company also includes various healthy snacking products across the value chain.

The motto of Proventus is to create expertise in healthy food products. They strive at building the revenue stream by moving across the value chain from origination to distribution and creating an integrated business model - from farm to homes.

The company is attempting to fill the vacuum in the healthy snacking range in the Indian market, especially in the dry fruits, nuts, seeds, and berries category.

The products of the company are marketed under the brand - ProV.

The product range of Proventus Agrochem Limited includes Nuts, Dry Fruits, Seeds, and Berries like:
Almonds,Pistachios,Cashews,Walnuts,Raisins,Other Nuts, Dry Fruits, Seeds and Berries

The Group Proventus Agrochem Limited operates through its Material Subsidiaries like Prov Foods Private Limited, and Proventus Retail Private Limited.

Proventus Agrocom Limited Promoter(s)

Durga Prasad Jhawar, Deepak Kumar Agrawal, Shalin Sanjiv Khanna, Shree JMD Investment Advisors LLP are the company's promoters of Proventus Agrocom Limited.

Proventus Agrocom Limited IPO Issue Objectives

Funding working capital requirements of the Company
Funding working capital requirements of the material subsidiary namely, Prov Foods Private Limited
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Proventus Agrocom Limited IPO is a Fixed Priced IPO worth ₹Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr) #Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr) #Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr). The issue price is ₹771 per share (fixed price). The IPO opens on May 24, 2023 and closes on May 26, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Proventus Agrocom Limited IPO is ₹771 per share (fixed price).

The lot size of Proventus Agrocom Limited IPO is 160 shares.

The minimum investment for Proventus Agrocom Limited IPO is approximately ₹1,23,360 based on the issue price .

Proventus Agrocom Limited IPO opens on May 24, 2023 and closes on May 26, 2023.

The allotment date of Proventus Agrocom Limited IPO is May 31, 2023.

Proventus Agrocom Limited IPO is expected to be listed on Jun 5, 2023, on NSE SME Platform.

Proventus Agrocom Limited IPO valuation snapshot: P/E 186.23, EPS ₹4.14/-, P/B N/A, RoNW 3.08%, and market cap N/A.

To apply for Proventus Agrocom Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Proventus Agrocom Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Proventus Agrocom Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Proventus Agrocom Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Proventus Agrocom Limited IPO allotment status on IPO Ji for quick and easy access.