Proventus Agrocom Limited IPO
NSE SMEListed On: Jun 5, 2023 at ₹ 821.0
₹ 246720 /320 Shares
*Min Investment
24 May, 2023
Open Date26 May, 2023
Close Date31 May, 2023
Allotment Date05 Jun, 2023
Listing DateProventus Agrocom Limited IPO Issue Details
- Issue Price ₹771 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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 2023-06-05
- Lead Manager Sundae Capital Advisors
- Registrar Bigshare Services Pvt Ltd
Proventus Agrocom Limited IPO Details
- Retail Portion N/A
Proventus Agrocom Limited IPO Details
Proventus Agrocom Limited IPO is an SME IPO, priced at ₹771 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from May 24, 2023 to May 26, 2023. The allotment is expected to be finalized on May 31, 2023, and the tentative listing date is Jun 5, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Proventus Agrocom Limited IPO Subscription Analysis And Details
| 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
Proventus Agrocom Limited Company Financials
| 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 |
About Proventus Agrocom Limited Company
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
Pre Issue Share Holding : 92.29%
Post Issue Share Holding : 70.84%
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.
Proventus Agrocom Limited IPO - FAQs
Ans. Proventus Agrocom Limited IPO is a SME IPO. The issue is priced at ₹771 per equity share. The minimum order quantity is 160 Shares. The IPO opens on May 24, 2023, and closes on May 26, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Proventus Agrocom Limited IPO opens on May 24, 2023 and closes on May 26, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Proventus Agrocom Limited IPO is 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).
Ans. The Proventus Agrocom Limited IPO price band is set between ₹771 per equity share.
Ans. To apply for Proventus Agrocom Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Proventus Agrocom Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Proventus Agrocom Limited IPO is May 31, 2023.
Ans. The Proventus Agrocom Limited IPO will be listed on Jun 5, 2023.
Ans. Follow the steps to check the Proventus Agrocom Limited IPO allotment status online.
