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Proventus Agrocom Ltd

Proventus Agrocom Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹771
₹771
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹771
Based on GMP
Min. Investment
₹123,360
1 lot × 160 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 May 2023
Close Date
26 May 2023
Allotment
31 May 2023
Listing Date
05 Jun 2023
Exchange
NSE SME
Price Band
₹771
Listing Price
See chart
Allotment Status
Price Band
₹771
Per share
Face Value
₹10 per share
 
Lot Size
160 Shares
per lot
Issue Size
9,01,920 shares (aggregating up to ₹69.54 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹123,360
1 lot
Pre-IPO Holding
27,55,768 shares
Promoters
Post-IPO Holding
34,27,541 shares
Promoters
P/E (Pre)
186.23x
 
EPS (Pre)
₹4.14
 
UPI Deadline
2023-05-26
Mandate
Anchor AllotmentTue, 23 May 2023
Basis of AllotmentWed, 31 May 2023
Refund InitiationThu, 01 Jun 2023
Demat CreditFri, 02 Jun 2023
Listing DayMon, 05 Jun 2023
UPI Mandate Deadline2023-05-26
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public8,56,800 shares (aggregating up to ₹66.06 Cr)
Market Maker Quota45,120 shares (aggregating up to ₹3.48 Cr)
Fresh Issue Shares6,26,653 shares (aggregating up to ₹48.31 Cr)
Offer for Sale2,30,147 shares of ₹10 (aggregating up to ₹17.74 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Proventus Agrocom Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 May 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
45,120
₹3.48
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
902,020
100% ₹69.55
IPO Shares Offered
Proventus Agrocom Ltd IPO total issue size: ₹69.55 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 45,120 ₹3.48
5.00%
Total 902,020 ₹69.55
100.00%
* Based on upper price band ₹771 per share
Lot Size & Investment
Lot Size
160
Shares per Lot
Issue Price
₹771.00
Upper Band
Min Investment
₹123,360
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2320₹246,720
Retail (Max — 13 Lots)132,080₹1,603,680
S-HNI (Min — 14 Lots)142,240₹1,727,040
B-HNI (Min — 68 Lots)6810,880₹8,388,480
* Issue Price ₹771 × Lot Size 160 shares
IPO Schedule
Anchor
23 May 2023
✓ Done
IPO Open
24 May 2023
✓ Done
IPO Close
26 May 2023
✓ Done
Allotment
31 May 2023
✓ Done
Refunds
01 Jun 2023
✓ Done
Demat Credit
02 Jun 2023
✓ Done
Listing Day
05 Jun 2023
✓ Done
Proventus Agrocom Ltd — Live Price LIVE
₹771.00
INR · NSE
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Issue ₹771.00 Live Price
About Proventus Agrocom Ltd
Incorporated in 2015, 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:AlmondsPistachiosCashewsWalnutsRaisinsOther Nuts, Dry Fruits, Seeds and BerriesThe Group Proventus Agrochem Limited operates through its Material Subsidiaries like Prov Foods Private Limited, and Proventus Retail Private Limited.
Objects of the Issue
1
Funding working capital requirements of the Company
2
Funding working capital requirements of our material subsidiary namely, Prov Foods Private Limited
3
General Corporate Purposes
Proventus Agrocom Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹30,173.9
31-Mar-21
₹40,434.6
31-Mar-22
₹31,909.6
31-Dec-22
Profit After Tax (PAT)
₹187.9
31-Mar-21
₹114.0
31-Mar-22
₹189.8
31-Dec-22
Particulars31-Dec-2231-Mar-2231-Mar-21
Revenue from Operations 31909.63 40434.57 30173.92
EBITDA N/A N/A N/A
Profit After Tax (PAT) 189.82 114.03 187.90
Net Worth 6167.31 5966.75 5844.50
Total Assets 9735.37 10131.13 8843.36
Reserves & Surplus 5234.74 34.17 4911.92
Borrowings 3061.13 3444.05 2940.72
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
0.04
RoCE
0.05
RoNW
3.08
Debt/Equity
0.56
Issue Structure & Shareholding
Total Shares Offered9,02,020 (100.00%)
Net Offer to Public8,56,800 shares (aggregating up to ₹66.06 Cr)
Reserved for Market Maker45,120 shares (aggregating up to ₹3.48 Cr)
Pre-Issue Promoter Holding27,55,768 shares
Post-Issue Promoter Holding34,27,541 shares
P/BV RatioN/A
RoE0.04
RoCE0.05
Debt / Equity0.56
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Sundae Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Proventus Agrocom Ltd IPO subscribed?

Proventus Agrocom Ltd IPO is subscribed 1.00 times by May 26, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Proventus Agrocom Ltd IPO retail subscription status?

The Proventus Agrocom Ltd IPO retail category is subscribed 1.00 times as of 26 May 2023. The retail portion is oversubscribed.

How to subscribe Proventus Agrocom Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 May 2023 and closes 26 May 2023. Min investment: ₹123,360 (1 lot = 160 shares). UPI mandate: 2023-05-26.

How many times Proventus Agrocom Ltd IPO subscribed?

The Proventus Agrocom Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Proventus Agrocom Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 31 May 2023. Refunds: on 01 Jun 2023.

When Proventus Agrocom Ltd IPO will be listed?

The Proventus Agrocom Ltd IPO listing date is 05 Jun 2023, Monday. Listed on: NSE SME. Issue price: ₹771. Estimated listing: ₹771. GMP: NIL.

When Proventus Agrocom Ltd IPO close?

The Proventus Agrocom Ltd IPO closes on 26 May 2023, Friday. UPI mandate: 2023-05-26. Allotment: 31 May 2023. Listing: 05 Jun 2023.