Godrej agrovet Initial Public offer

Godrej Agrovet company plans to introduce its IPO recently on both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. An interested investors can get fetch all the information of IPO e.g. Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc. Godrej Agrovet Limited has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs.2 lacs.

The company plans to raise Rs. 1157 Cr by V-Sciences Investments through its IPO.

Company Profile:-

The company was incorporated on November 25, 1991 at Gujarat, India. This firm is engaged into the business of animal feed, crop protection, oil palm, dairy, and poultry and processed foods.  It is one of the biggest crude palm oil producer in India.

Below are the five business verticals operated by the firm:-

  1. Animal Feed Business:- Here, it is producing and marketing for cattle feed, poultry feed (broiler and layer), aqua feed (fish and shrimp) and specialty feed through 4000 distributors.
  2. Crop Protection Business:- The firm is manufacturing those products which cover entire crop lifecycle comprising plant growth regulators, organic manures, generic agrochemicals and specialized herbicides.
  3. Oil Palm Business:- It focuses to yield crude palm oil, crude palm kernel oil and palm kernel cake.
  4. Dairy Business:- The company operates through its Subsidiary, Creamline Dairy, where it is selling various products related to milk and milk based products under the ‘Jersey’ brand across the states of Telangana, Andhra Pradesh, Tamil Nadu, Karnataka and Maharashtra. The firm have nine milk processing units.
  5. Poultry and Processed Food Business:- The firm manufactures and markets processed poultry and vegetarian products through its brands ‘Real Good Chicken’ and ‘Yummiez’. 

Outlook of the Firm:- 

  1. Strong presence in Pan India via robust networking;
  2. Various business models;
  3. Strong R&D Capabilities;
  4. Well known Brand Name along with strong Parentage i.e. Godrej Group;
  5. Highly qualified and experienced management team.

 

Objects of the Issue: 

  1. Repayment or prepayment of working capital facilities availed by their Company;
  2. Repayment of commercial papers issued by their Company; and
  3. General corporate purpose. 

Summary of Issue:

Issue Open:- Oct 04, 2017 – Oct 06, 2017
Issue Type Book Build Issue IPO
Issue Size in (Value) Rs. 1157 Cr
Face Value Rs. 10 Per Equity Share
Issue Price Rs. 450 – Rs. 460
Market lots 32
Minimum Order Quantity 32
Listing At BSE, NSE

 

Important dates for Godrej Agrovet IPO Allotment Status

  • The Allotment date for Godrej Agrovet Limited IPO issue is expected to be Oct 12, 2017.
  • The amount will get unblocked on Oct 13, 2017
  • The Shares are expected to credited in DP accounts on Oct 13, 2017
  • The Shares of Godrej Agrovet Limited is likely to be listed on Oct 14, 2017 on both BSE and NSE.


Godrej Agrovet IPO Allotment Status

Godrej Agrovet Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. Click on the given link See Allotment Status here
  2. Go to Application Status
  3. Select IPO as Godrej Agrovet Limited IPO
  4. Enter your PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.


Promoters of the Company:-

1) Godrej Industries Limited

2) Nadir B. Godrej

3) ADI B. Godrej


Financials:-

Particulars For the year/Period ended (Rs. In Millions)
Financial Year 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total  Equity & Liabilities 32,144.33 31,229.25 17,526.17 15,758.55 12,140.96
Total Assets 32,144.33 31,229.25 17,526.17 15,758.55 12,140.96
Total Revenue 49,832.98 38,176.69 33,254.88 31,174.14 27,715.71
Total Expenses 46,493.68 36,085.10 31,083.30 29,288.85 26,341.35
Profit After Tax (PAT) 2,735.30 2,609.75 2,100.45 1,565.14 965.80

 


Book Running Lead Managers Details:-

1) Kotak Mahindra Capital Company Limited 1st Floor,

27 BKC, Plot No. 27 “G” Block,

Bandra Kurla Complex Bandra (East)

Mumbai 400 051

Tel: (91 22) 4336 0000

Fax: (91 22) 6713 2447

E-mail: gavl.ipo@kotak.com

Investor grievance e-mail: kmccredressal@kotak.com

Website: www.investmentbank.kotak.com

Contact Person: Ganesh Rane

SEBI registration no.: INM000008704

 

2) Axis Capital Limited 1st Floor,

Axis House C-2, Wadia International Centre

Pandurang Budhkar Marg, Worli

Mumbai 400 025

Tel: (91 22) 4325 2183

Fax: (91 22) 4325 3000

E-mail: godrej.agrovet@axiscap.in

Investor grievance e-mail: complaints@axiscap.in

Website: www.axiscapital.co.in

Contact Person: Ankit Bhatia

SEBI registration no.: INM000012029

3) Credit Suisse Securities (India) Private Limited

10th Floor, Ceejay House, Plot F Shivsagar Estate,

Dr. Annie Besant Road, Worli,

Mumbai 400 018

Tel: (91 22) 6777 3885

Fax: (91 22) 6777 3820

E-mail: list.godrejagrovetipo@credit-suisse.com

Investor grievance e-mail: list.igcellmerbnkg@creditsuisse.com

Website:https://www.credit-suisse.com/in/en/investmentbanking/regional-presence/asia-pacific/india/ipo.html

Contact Person: Abhay Agarwal

SEBI registration no.: INM000011161

 

Registrar To The Issue:- 

Karvy Computershare Private Limited

Karvy Selenium, Tower B Plot number 31 & 32

Gachibowli Financial District, Nanakramguda

Hyderabad 500 032

Tel: (91 40) 6716 2222

Fax: (91 40) 2343 1551

E-mail: godrej.agrovet@karvy.com

Investor grievance e-mail: einward.ris@karvy.com

Website: https://karisma.karvy.com

Contact Person: M Murali Krishna

SEBI registration no.: INR000000221

 

Registered Office:-

Godrej One, 3rd Floor, Pirojshanagar,

Eastern Express Highway, Vikhroli (East),

Mumbai 400 079

Contact Person: Vivek Raizada, Company Secretary and Compliance Officer;

Tel: (91 22) 2519 4416;

Fax: (91 22) 2519 5124

E-mail:gavlinvestors@godrejagrovet.com;

Website: www.godrejagrovet.com

Corporate Identity Number: U15410MH1991PLC135359

 

To Invest In IPO, Submit Details Given Below







To Download Application Form click here