Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Fri, Jan 31, 2014 - Tue, Feb 4, 2014
Agrimony Commodities IPO is a fixed price issue of ₹3.02 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹3.02 crore.
Agrimony Commodities IPO bidding started from Jan 31, 2014 and ended on Feb 4, 2014. The shares got listed on BSE SME on Feb 18, 2014.
Agrimony Commodities IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Unicon Capital Services Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Artha Vrddhi Securities Ltd..
Refer to Agrimony Commodities IPO RHP for detailed Information.
IPO Open
Fri, Jan 31, 2014
IPO Close
Tue, Feb 4, 2014
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹11.39 Cr
| IPO Date | 31 Jan to 4 Feb, 2014 |
| Listed on | Tue, Feb 18, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,20,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,60,000 shares Artha Vrddhi Securities Ltd. (agg. up to ₹0.1600 Cr) |
| Fresh Issue (Ex Market Maker) | 28,60,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 28,60,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 83,70,000 shares |
| Share Holding Post Issue | 1,13,90,000 shares |
| BSE Script Code | 537492 |
| ISIN | INE567P01018 |
Agrimony Commodities IPO comprises a total issue size of 30,20,000 shares. The net offer to the public is 28,60,000 shares, after excluding 1,60,000 shares allotted on a firm basis. Of the Net offer 14,30,000 (50.00%) allocated to NII 14,30,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,30,000 | 50.00% | 47.35% |
| Retail Shares Offered | 14,30,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,60,000 | 5.30% | |
| Total Shares Offered | 30,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in 2011, Agrimony Commodities Ltd is engaged in the business of trading of iron & steel products, suiting's & shirting and other dress materials and agriculture products. They are a multi-product trading company with a diverse product portfolio. They currently trade into following category of products:
1. Iron & Steel Products
2. Textile Products
They are currently serving the corporate and other clients. Company's trading customers include Valrack Modular systems Private Limited, Jay Traders and Rose Impex. The Company has plans to engage in buying and selling of various Agricultural as well as Non - Agricultural Commodities through Local Mandis and Markets and/or Exchanges either for arbitrage and/or investment as and when there is a suitable opportunity. Company is also offering the commodity broking services through our subsidiary company Advantage Commodities Private Limited (ACPL).
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting long term working capital | 2.65 |
| 2 | Public Issue Expenses | 0.37 |
| KPI | |
|---|---|
| RoNW | 0.22% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 37.34% | 27.44% |
| Market Cap | ₹11.39 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.27 |
| 2 | Printing & Stationery, Postage Expenses and Marketing & Advertisement Expenses | 0.05 |
| 3 | Regulatory fees and other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹15.00 |
| Low | ₹14.35 |
| High | ₹15.75 |
| Last Trade | ₹14.35 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Agrimony Commodities IPO is a SME IPO of 30,20,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Jan 31, 2014, and closes on Tue, Feb 4, 2014.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Agrimony Commodities IPO using UPI as a payment gateway. Zerodha customers can apply in Agrimony Commodities IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Agrimony Commodities IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Agrimony Commodities IPO opens on Fri, Jan 31, 2014 and closes on Tue, Feb 4, 2014.
Agrimony Commodities IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Agrimony Commodities IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Agrimony Commodities IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Agrimony Commodities IPO allotment status.
The Agrimony Commodities IPO listing date is on Tue, Feb 18, 2014.
