Raghuvansh Agrofarms Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,510,000 (47%) | — | ₹166 Cr |
| Retail | — | 1,510,000 (47%) | — | ₹166 Cr |
| Market Maker | — | 180,000 (6%) | — | ₹2 Cr |
| Σ Total | — | 3,200,000 (100%) | — | ₹3,520 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 | 10,000 | ₹110,000 |
| Retail (Max) | 13 | 130,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 670,000 | ₹7,370,000 |
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 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
Company Overview
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.