Bookbuilding IPO | ₹13 Cr | Listed at NSE SME | Thu, Oct 27, 2016 - Mon, Nov 7, 2016
Agro Phos IPO is a book build issue of ₹12.94 crores. The issue is entirely a fresh issue of 0.59 crore shares of ₹12.94 crore.
Agro Phos IPO bidding started from Oct 27, 2016 and ended on Nov 7, 2016. The shares got listed on NSE SME on Nov 16, 2016.
Agro Phos IPO price band is set at ₹22 per share. The lot size for an application is 6,000. The minimum amount of investment required by an retail is ₹1,32,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,64,000.
Indian Overseas Bank is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is BCB Brokerage Pvt.Ltd..
Refer to Agro Phos IPO RHP for detailed Information.
IPO Open
Thu, Oct 27, 2016
IPO Close
Mon, Nov 7, 2016
Issue Price
₹22 per share
Market Cap (Pre-IPO)
₹44.60 Cr
| IPO Date | 27 Oct to 7 Nov, 2016 |
| Listed on | Wed, Nov 16, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹19 to ₹22 |
| Issue Price | ₹22 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 58,80,000 shares (agg. up to ₹13 Cr) |
| Reserved for Market Maker | 3,12,000 shares BCB Brokerage Pvt.Ltd. (agg. up to ₹0.6864 Cr) |
| Fresh Issue (Ex Market Maker) | 55,68,000 shares (agg. up to ₹12 Cr) |
| Net Offered to Public | 55,68,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 1,43,94,115 shares |
| Share Holding Post Issue | 2,02,74,115 shares |
| NSE Symbol | AGROPHOS |
| ISIN | INE740V01019 |
Agro Phos IPO comprises a total issue size of 58,80,000 shares. The net offer to the public is 55,68,000 shares, after excluding 3,12,000 shares allotted on a firm basis. Of the Net offer 27,84,000 (50.00%) allocated to NII 27,84,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 27,84,000 | 50.00% | 47.35% |
| Retail Shares Offered | 27,84,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,12,000 | 5.31% | |
| Total Shares Offered | 58,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,32,000 |
| Retail (Max) | 1 | 6,000 | ₹1,32,000 |
| HNI (Min) | 2 | 12,000 | ₹2,64,000 |
Incorporated in 2002, Agro Phos India Ltd is engaged in the manufacturing of fertilisers such as Single Super Phosphate (SSP), Nitrogen Phosphate and Potassium (NPK), Zinc Sulphate, Organic manure and Calcium Sulphate commonly known as a soil conditioner or gypsum. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.
Company manufacturing facilities are located at Dewas and Meghnagar, Madhya Pradesh and are well equipped with required facilities including machinery, crane, conveyor belt, other handling equipment to facilitate the smooth manufacturing process and easy logistics.Visit chittorgarh.com for more detail.
| 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 | Repayment and/or pre-payment, in full or part, of borrowing availed by the Company | 4.00 |
| 2 | Working Capital Requirements | 5.79 |
| 3 | General Corporate Purposes | 2.15 |
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 expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.75 |
| 2 | Regulatory fees | 0.05 |
| 3 | Marketing and Other Expenses | 0.20 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹22.00 |
| Open | ₹26.40 |
| Low | ₹22.10 |
| High | ₹26.40 |
| Last Trade | ₹22.85 |
Lead Manager Reports
Agro Phos IPO is a SME IPO of 58,80,000 equity shares of the face value of ₹10 aggregating up to ₹13 Crores. The issue is priced at ₹22 per share. The minimum order quantity is 6000.
The IPO opens on Thu, Oct 27, 2016, and closes on Mon, Nov 7, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Agro Phos IPO using UPI as a payment gateway. Zerodha customers can apply in Agro Phos IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Agro Phos IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Agro Phos IPO opens on Thu, Oct 27, 2016 and closes on Mon, Nov 7, 2016.
Agro Phos IPO lot size is 6000, and the minimum amount required for application is ₹1,32,000.
You can apply in Agro Phos 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 Agro Phos IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Agro Phos IPO allotment status.
The Agro Phos IPO listing date is on Wed, Nov 16, 2016.
