Godrej Agrovet IPO Dates, Price Band, Market Lot Details

Vijay Prajapati
September 24, 2017

Vijay Prajapati

Godrej Agrovet is coming up with 300 crore ipo. They are doing agri-business and their product range are animal feed, crop protection, dairy and poultry and processed foods. They have strong network for supplying their products in India. They are a part of Godrej Group.

Animal Feed Business: Products are produced at 35 facilities with 4000 distributors across india.
Crop Protection Business: They are selling products in 24 countries across 6000 distributors.
Oil Palm Business: They have five palm mills.
Dairy Business: They are selling milk and dairy products under Jersey brand in South Indian states. They have 2500 distributors and 50 retail parlors for the same.
Processed Poultry and Vegetarian Products: They are producing products under brand Real Good Chicken and Yummiez.

Godrej Agrovet IPO Review:

Apply for Listing Gain & Long Term Gain

Godrej Agrovet IPO Dates & Price Band: (Approx)

IPO Open: 04-October-2017
IPO Close: 06-October-2017
IPO Size: Approx Rs. 1157 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 450 to 460 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity Shares: 300 Crore + 12,300,000 Shares

Godrej Agrovet IPO Market Lot:

Shares: Apply for 32 Shares (Minimum Lot Size)
Amount: Rs. 14720

Godrej Agrovet IPO Allotment & Listing:

Basis of Allotment: 11-October
Refunds: 12-October
Credit to demat accounts: 13-October
Listing: 16-October

Godrej Agrovet Financial:
Godrej Agrovet looks good as PAT is increasing on yoy. The things are looking positive and strong performance as well. The PAT is 274 crore up by 3 times compare to 2013. Their expenses increased but revenues also increased as well. The IPO price and the issue size is been on a positive side as well.

Financial (in INR Crore)
	2013	2014	2015	2016	2017
Revenue	2772	3117	3326	3818	4983
Expenses	2634	2929	3108	3609	4649
PAT	97	157	210	261	274

Company Promoters:

Mr Nadir B. Godrej
Mr Adi B. Godrej

Quick Links:
DRHP Draft Prospectus

Godrej Agrovet IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
Godrej Agrovet IPO Lead Managers:

Axis Capital Limited
Credit Suisse Securities (India) Private Limited
Kotak Mahindra Capital Company Limited

Company Address:
Godrej Agrovet Limited
Godrej One, 3rd Floor, Pirojshanagar,
Eastern Express Highway,
Vikhroli (East), Mumbai 400 079
Phone: (91 22) 2519 4416
Fax: (91 22) 2519 5124
Email: [email protected]
Website: http://www.godrejagrovet.com/

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