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Raghuvansh Agrofarms IPO is a fixed price issue of ₹3.96 crores. The issue is entirely a fresh issue of 0.36 crore shares of ₹3.96 crore.
Raghuvansh Agrofarms IPO bidding started from Jan 9, 2015 and ended on Jan 13, 2015. The shares got listed on BSE SME on Jan 28, 2015.
Raghuvansh Agrofarms IPO price is ₹11.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (10000 shares). The minimum lot size investment for HNI is 2 lots (20,000 shares), amounting to ₹2,20,000.
Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Achintya Securities Pvt.Ltd..
Refer to Raghuvansh Agrofarms IPO RHP for detailed Information.
| IPO Date | January 9, 2015 to January 13, 2015 |
| Listing Date | January 28, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹11 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 36,00,000 shares (aggregating up to ₹3.96 Cr) |
| Reserved for Market Maker | 1,80,000 shares Achintya Securities Pvt.Ltd. (aggregating up to ₹0.1980 Cr) |
| Reserved for Private Promoter | 4,00,000 shares (aggregating up to ₹0.4400 Cr) |
| Net Offered to Public | 30,20,000 shares (aggregating up to ₹3.32 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 83,17,550 shares |
| Share Holding Post Issue | 1,19,17,550 shares |
Raghuvansh Agrofarms IPO offers total 32,00,000 shares. Out of which 15,10,000 (47.19%) allocated to NII, 15,10,000 (47.19%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,80,000 (5.63%) |
| NII (HNI) Shares Offered | 15,10,000 (47.19%) |
| Retail Shares Offered | 15,10,000 (47.19%) |
| Total Shares Offered | 32,00,000 (100.00%) |
Raghuvansh Agrofarms IPO opens on January 9, 2015, and closes on January 13, 2015.
| IPO Open Date | Fri, Jan 9, 2015 |
| IPO Close Date | Tue, Jan 13, 2015 |
| Tentative Listing Date | Wed, Jan 28, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 13, 2015 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,10,000 |
| Retail (Max) | 1 | 10,000 | ₹1,10,000 |
| HNI (Min) | 2 | 20,000 | ₹2,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2013, Raghuvansh Agrofarms Ltd is engaged in cultivation of Organic Vegetables, Organic Grains and Cereals. They have an integrated facility for cultivation, processing and distribution of agricultural produce. Company is also in the business of dairy farming and production and distribution of dairy products.
RAL owns cultivable lands and cattle stock, have consultancy liaisons with researchers, and possess vast experience in Indian business environment. The company offer financial, technical, strategic assistance in the agricultural and dairy business areas to establish profitable enterprises.
The Company is planning to set up a 3 MCi commercial radiation processing facility for approved low and medium dose items such wheat, atta, Soya bean and spices such as Coriander, Chilies etc.
| KPI | Values |
|---|---|
| RoNW | 0.26% |
The Company Raghuvansh Agrofarms IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Construction of 1000 M3 capacity of Bio-Gas Plant for Power Generation | 1.83 |
| 2 | Investment in the Subsidiary companies, Sanjeevani Fertilizers and Chemicals Private Limited and Kanpur Organics Private Limited | 1.90 |
| 3 | To raise funds for General Corporate Purposes | 0.21 |
[Dilip Davda] <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="font-family: Calibri; font-size: medium;">Remark: Considering the entry barrier and poor preference from broking community, this high P/E IPO is not worth. </span></strong></p> Read detail review...
| Listing Date | January 28, 2015 |
| BSE Script Code | 538921 |
| NSE Symbol | |
| ISIN | INE865P01016 |
| Final Issue Price | ₹11 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹11.00 |
| Open | ₹11.55 |
| Low | ₹11.55 |
| High | ₹11.55 |
| Last Trade | ₹11.55 |
Raghuvansh Agrofarms Ltd.
201-202,
Namdhari Chambers,
Karol Bagh,
New Delhi, New Delhi, 110005
Phone: +91-11-23634461
Email: raghuvanshagro@gmail.com
Website: http://www.raghuvanshagro.com
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: admin@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Raghuvansh Agrofarms IPO is a SME IPO of 36,00,000 equity shares of the face value of ₹10 aggregating up to ₹3.96 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000.
The IPO opens on January 9, 2015, and closes on January 13, 2015.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Raghuvansh Agrofarms IPO using UPI as a payment gateway. Zerodha customers can apply in Raghuvansh Agrofarms IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Raghuvansh Agrofarms IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Raghuvansh Agrofarms IPO opens on January 9, 2015 and closes on January 13, 2015.
Raghuvansh Agrofarms IPO lot size is 10000, and the minimum amount required for application is ₹1,10,000.
You can apply in Raghuvansh Agrofarms 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 Raghuvansh Agrofarms IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Raghuvansh Agrofarms IPO allotment status.
The Raghuvansh Agrofarms IPO listing date is on Wednesday, January 28, 2015.
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