Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Quanto Agroworld Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on August 17, 2024 to raise funds through Initial Public Offer (IPO).
Quanto Agroworld Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Jawa Capital Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Quanto Agroworld IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Aug 17, 2024 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2018, Quanto Agroworld Limited (QuantoAgro) is engaged in the business of sustainable, chemical-free farming of aromatic crops, producing essential oils and related products for industries such as pharmaceuticals, home and personal care, food and beverage, and aromatherapy.
The company manages over 800 acres of farming operations and aims to expand to 3,500+ acres by FY 2026-27, positioning itself as a leading producer of essential oils and aroma-chemicals in Asia.
Business Model:
Product Portfolio: Lemongrass chunks, lemongrass tea-cut, lemongrass essential oil, and ajwain essential oil.
As on July 31, 2024, the company hastotal 9 permanent employees.
Competitve Strengths:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.82 | 18.54 | 20.71 |
| Total Income | 15.56 | 12.09 | 15.91 |
| Profit After Tax | 5.41 | 2.07 | 1.83 |
| NET Worth | 19.05 | 13.86 | 5.91 |
| Reserves and Surplus | 6.19 | 9.58 | 2.02 |
| Total Borrowing | 3.70 | 2.96 | 2.71 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Distillation Plant at Rawalgaon, Maharashtra | 8.10 |
| 2 | Capital Expenditure for expansion of Farms | 16.56 |
| 3 | General Corporate Purpose |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 61.49% |
Lead Manager Reports
Quanto Agroworld IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Quanto Agroworld IPO open and close dates are not available as of now.
MUFG Intime 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 Quanto Agroworld IPO using UPI as a payment gateway. Zerodha customers can apply in Quanto Agroworld IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Quanto Agroworld IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Quanto Agroworld IPO dates are not announced. Please check back again after some time.
Quanto Agroworld IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Quanto Agroworld 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 Quanto Agroworld IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Quanto Agroworld IPO allotment status.
The Quanto Agroworld IPO listing date is not yet announced. The tentative date of listing is .
