Godrej Agrovet Limited IPO

Godrej Agrovet Limited IPO


Godrej Agrovet Limited IPO (Godrej Agrovet IPO)

COMPANY PROMOTER

 

a)    Mr Nadir

 

b)    B. Godrej

 

c)    Mr Adi B. 


LEAD MANAGER

a)     Axis Capital Ltd

b)    Credit Suisse Securities (India) Private Limited

c)     Kotak Mahindra Capital Company Limited



REGISTRAR TO THE ISSUE

a)  Karvy Computershare Private Limited 

 

 

KEY FEATURES

1.       Incorporated in 1991

2.        Godrej Agrovet is India based agri-business Company offering products including Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry and Processed Foods.

3.        Pan-India presence with extensive supply and distribution network.

4.        Diversified businesses with five business verticals.


OBJECT OF THE OFFER

1. Offer for Sale: Each of the Selling Shareholders will be entitled to the respective portion of the proceeds of the Offer for Sale.

2. Fresh Issue: Company proposes to utilize the proceeds from the Fresh Issue towards:

a. repayment or prepayment of working capital facilities availed;
b. repayment of commercial papers issued by the Company; and
c. general corporate purposes.

 

                 COMPANY FINANCIAL 

     (Rs in cr)                                                               

PARTICULARS

2017(9mnth)

2016

2015

2014

EQ CAPITAL

185.13

92.57

92.57

13.22

R&S

717.88

605.54

499.38

473.33

TOTAL REVENUE

4911.09

3750.16

3311.82

3102.47

PAT

235.65

133.84

156.71

137.96

BORROWINGS

1,385.03

1,845.81

1,276.45

1,106.82

 

                    COMPANY RATIOS

 

PARTICULARS

2017(9mnth)     

2016

2015

2014

EPS

13.81

22.07

24.82

124.90

 

Return On Net Worth (%)

22.90

22.93

32.57

28.32

 

              

IPO DETAILS


Issue open & close

4 Oct17 to 6 Oct 17

Issue type

Book built issue

Issue size(in cr)

 1,157.31 Cr

 

Face value

10 each

Issue price (in rs)

Rs 450 - Rs 460 Per Equity Share 

Minimum order qty

32shares

Listing at

NSE,BSE

Offer for sale

291.51 cr

 

SHAREHOLDING PATTERN

 

1. Promoter & Promoter Group

2. Public

99.90%

 

0.1%

 

Grey Market Report :
On  29 September 2017,

GMP - 95-105 INR    Kostak : 450 INR Subject to Allotment INR 2500

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