Esteem Bio Organic Food Processing Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,875,000 (42%) | — | ₹469 Cr |
| Retail | — | 1,875,000 (42%) | — | ₹469 Cr |
| Market Maker | — | 750,000 (17%) | — | ₹188 Cr |
| Σ Total | — | 4,500,000 (100%) | — | ₹11,250 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 402,000 | ₹10,050,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of Shade Net Cultivation facility – 3.80
- 2 Development of Farm land for transition to Organic Farming – 5.65
- 3 Procurement of farm tools and equipments – 0.30
- 4 Brand Building and General Corporate purposes – 0.80
- 5 Issue Expenses – 0.70
Company Overview
Incorporated in 1995, Esteem Bio Organic Food Processing Ltd is engaged in to agriculture operations. Company cultivates wheat, paddy, sugar cane, fruits, vegetables, flowers and also engaged in wood plantation. Esteem Bio have an integrated facility of cultivation, processing and distribution of agriculture commodities.
Company has especial focus on organic farming for its horticulture segment of farming, wherein it use bio-agri inputs such as Bio-Pesticides and Bio-Fertilizers.
Esteem Bio has farms spread over 295.80 Acres in Uttarakhand where company cultivates wheat, paddy, pulses, sugar cane and vegetables. They are also equipped with orchard of Mango, Guava, Pomegranate and various kinds of flowers predominantly Roses. Company also engage in wood plantation viz. Poplar, Eucalyptus, Kadam, Mentha and Bamboos.