Proventus Agrochem Limited is an integrated healthy food brand with a presence across the entire value chain of dried fruit, nuts, seeds, berries and healthy snacking products. They market their products under the “ProV” brand. The product range includes almonds, pistachios, cashews, walnuts, raisins, other nuts, dried fruits, seeds and berries.
Their motto is to offer better quality healthy food products. There is a large consumer base that has already started using the branded products. Even the Kirana stores in Tier 2 cities sell the branded versus loose/unbranded. The company covers the value chain from organization to sales – from the “Farm to Homes” concept.
Subject of issue:
- financing of the company’s working capital needs;
- Funding the working capital needs of its principal subsidiary, namely Prov Foods Private Limited;
- General Business Purposes.
Results of the Agrochem IPO Review
Details on Proventus Agrochem’s IPO date and price band
| IPO opened: | May 24, 2023 |
| IPO completed: | May 26, 2023 |
| IPO size: | Approx ₹69.54 crores, 902,000 shares |
| face value: | ₹10 Per equity share |
| IPO price range: | ₹771 Per equity share |
| Stock exchange listing on: | NSE SMEs |
| Retail Quota: | 50% of net supply |
| NII rate: | 50% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
Results of the Agrochem IPO Market Lot
The minimum market size for Proventus Agrochem’s IPO is 160 shares with an application amount of ₹123,360.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 160 | ₹123,360 |
| retail maximum | 1 | 160 | ₹123,360 |
| S-HNI minimum | 2 | 320 | ₹246,720 |
Results of Agrochem’s IPO dates
Proventus Agrochem’s IPO date is May 24th and the IPO end date is May 26th. The IPO grant date is May 31 and the IPO could happen on June 5.
| IPO opening date: | May 24, 2023 |
| Stock market closing date: | May 26, 2023 |
| Allocation basis: | May 31, 2023 |
| Refunds: | June 1, 2023 |
| Credit to Demat account: | June 2, 2023 |
| Date of listing: | June 5, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Agrochem IPO Form Results
How to apply Proventus Agrochem IPO? You can apply for Proventus Agrochem IPO through ASBA available in your bank account. Just go to the online bank login and apply through your bank account by selecting Proventus Agrochem IPO in the invest section. The other option is to apply for Proventus Agrochem’s IPO through IPO forms that can be downloaded from the NSE website. Check out Proventus Agrochem’s forms – click Download NSE IPO Forms, fill them out and submit to your bank or broker.
Financial Report of Proventus Agrochem Company
| ₹ in crores | |||
| Year | revenue | Costs | BEAT |
| 2020 | ₹901 | ₹929 | ₹21.90 |
| 2021 | ₹302 | ₹299 | ₹1.82 |
| 2022 | ₹404 | ₹403 | ₹1.14 |
| 2023 9M | ₹319 | ₹317 | ₹1.90 |
Results of Agrochem’s IPO evaluation – fiscal year 2022
View valuation details on Proventus Agrochem’s IPO, e.g. E.g. earnings per share (EPS), price-earnings-PER, net yield (RoNW) and net asset value (NAV).
| Earnings per share (EPS): | ₹4.14 per equity share |
| Price-Earnings-P/E Ratio: | THE |
| Return on Net Assets (RoNW): | 1.91% |
| Net Asset Value (NAV): | ₹216.52 per equity share |
peer group
- Durga Prasad Jhawar
- Deepak Kumar Agrawal
- Shalin Sanjiv Khanna
- Shree Jmd Investment Advisors LLP
Agrochem IPO Registrar Results
Bigshare Services Pvt Ltd
Telephone: +91-22-6263 8200
E-mail: [email protected]
Website: http://www.bigshareonline.com
Agrochem IPO Allocation Status Results
Check Proventus Agrochem IPO allotment status on Bigshare website URL. Click here
Proventus Agrochem IPO Lead Managers, also known as Merchant Bankers
company address
Proventus Agrocom Limited
Unit 515, Floor 5, C Wing, 1 MTR Cabin, Atrium,
Mulgaon Village, MV Road, Andheri (East),
Near Acme Plaza, Mumbai – 400 069
Telephone: +91 22 6211 0900
E-mail: [email protected]
Website: http://www.proventusagro.com/
Results of the Agrochem IPO FAQs
What is the result of the Agrochem IPO?
The IPO of Proventus Agrochem is an NSE SME IPO. They will raise ₹69.54 crores through an IPO. The issue price is ₹771 per share. The IPO is to be listed on the NSE.
When will Proventus Agrochem go public?
The IPO is scheduled to open on May 24, 2023 for NII and retail investors.
What is Proventus Agrochem’s IPO investor share?
The investor share is 50% for NII and 50% for Retail.
How to apply Proventus Agrochem IPO?
You can apply for Proventus Agrochem IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to make Proventus Agrochem IPO via Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Proventus Agrochem”. Click the Bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to go public with Proventus Agrochem through Upstox?
Log in to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Proventus Agrochem”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How can I apply for the Proventus Agrochem IPO via Paytm Money?
Login to Paytm Money Application with your credentials. Select the IPO. You will see the IPO name “Proventus Agrochem”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the result of Agrochem IPO size?
The proceeds from the Agrochem IPO are ₹69.54 crores.
What is the result of the Agrochem IPO award ribbon?
Proventus Agrochem’s IPO price band is ₹771 per share.
What is the minimum and maximum lot size for the Proventus Agrochem IPO?
The IPO bid is 160 shares at ₹123,360.
What is the outcome of the grant date for Agrochem’s IPO?
The result of the grant date for Agrochem’s IPO is May 31, 2023.
What is Proventus Agrochem’s IPO date?
Proventus Agrochem’s IPO date is June 5, 2023. The IPO is scheduled to be listed on the NSE SME. Note: The details of the Proventus Agrochem IPO will be officially announced. The IPO gray market premium (Proventus Agrochem IPO Premium) is updated on the respective page. Visit our IPO gray market page for daily updates.)
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