Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Fri, Jan 9, 2015 - Tue, Jan 13, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jan 9, 2015
IPO Close
Tue, Jan 13, 2015
Issue Price
₹11 per share
Market Cap (Pre-IPO)
₹13.11 Cr
| IPO Date | 9 to 13 Jan, 2015 |
| Listed on | Wed, Jan 28, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹11 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 36,00,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,80,000 shares Achintya Securities Pvt.Ltd. (agg. up to ₹0.1980 Cr) |
| Reserved for Private Promoter | 4,00,000 shares (agg. up to ₹0.4400 Cr) |
| Fresh Issue (Ex Market Maker) | 30,20,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 30,20,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 83,17,550 shares |
| Share Holding Post Issue | 1,19,17,550 shares |
| BSE Script Code | 538921 |
| ISIN | INE865P01016 |
Raghuvansh Agrofarms IPO comprises a total issue size of 32,00,000 shares. The net offer to the public is 26,20,000 shares, after excluding 5,80,000 shares allotted on a firm basis. Of the Net offer 15,10,000 (50.00%) allocated to NII 15,10,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 15,10,000 | 50.00% | 47.19% |
| Retail Shares Offered | 15,10,000 | 50.00% | 47.19% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,80,000 | 5.63% | |
| Private Promoter Shares Offered | 4,00,000 | 12.50% | |
| Total Shares Offered | 32,00,000 | 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 | ₹1,10,000 |
| Retail (Max) | 1 | 10,000 | ₹1,10,000 |
| HNI (Min) | 2 | 20,000 | ₹2,20,000 |
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.
| 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 | 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 |
| KPI | |
|---|---|
| RoNW | 0.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 25.43% | 21.11% |
| Market Cap | ₹13.11 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, market making fees, selling commissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc. and other out of pocket expenses | 0.35 |
| 2 | Advertisement and Marketing expenses | 0.03 |
| 3 | Printing and Stationery (including courier and transportation charges) | 0.05 |
| 4 | Others (Processing fees, listing fee, Corporate Action charges etc) | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹11.00 |
| Open | ₹11.55 |
| Low | ₹11.55 |
| High | ₹11.55 |
| Last Trade | ₹11.55 |
Lead Manager Reports
Raghuvansh Agrofarms IPO is a SME IPO of 36,00,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Jan 9, 2015, and closes on Tue, Jan 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 Fri, Jan 9, 2015 and closes on Tue, Jan 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 Wed, Jan 28, 2015.
