Proventus Agrocom Limited IPO

NSE SME

Listed On: Jun 5, 2023 at ₹ 821.0

₹ 123360 /160 Shares

Check Allotment

Proventus Agrocom Limited IPO Details

24 May, 2023

Open Date

26 May, 2023

Close Date

31 May, 2023

Allotment Date

05 Jun, 2023

Listing Date

Issue Price

₹771 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

821.0

Listing Date

2023-06-05

Market Lot

160 Shares (₹123,360/-)

Lead Manager

Sundae Capital Advisors

Issue Size

Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr)

#Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr)

#Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr)

Retail Portion

N/A

Subscription

2.61 times

IPO Docs

DRHP RHP

Proventus Agrocom Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	473,550	428,450	902,000
Day 1 - 24-05-23 06:00 PM	0.05 x	0.02 x	0.04 x
Day 2 - 25-05-23 06:00 PM	0.37 x	0.14 x	0.26 x
Day 3 - 26-05-23 06:00 PM	4.30 x	0.74 x	2.61 x

Total No. of Applications: (Approx)

Proventus Agrocom Limited Valuations

Earnings Per Share (EPS)

₹4.14/-

P/E Ratio

186.23

RoNW

3.08%

Net Asset Value (NAV) - Post Issue

₹331.05/-

Proventus Agrocom Limited Company Financials All values are in ₹ Lakh

	31-Dec-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	9,735.37	10,131.13	8,843.36	8,936.94
Revenue	31,909.63	40,434.57	30,173.92	90,089.01
Profit After Tax	189.82	114.03	187.90	-2,190.46

About The Company

Proventus Agrochem Limited is an integrated health food brand. The company has its presence in the entire range of dry fruits, nuts, seeds, and berries. The product of company also includes various healthy snacking products across the value chain.

The motto of Proventus is to create expertise in healthy food products. They strive at building the revenue stream by moving across the value chain from origination to distribution and creating an integrated business model - from farm to homes.

The company is attempting to fill the vacuum in the healthy snacking range in the Indian market, especially in the dry fruits, nuts, seeds, and berries category.

The products of the company are marketed under the brand - ProV.

The product range of Proventus Agrochem Limited includes Nuts, Dry Fruits, Seeds, and Berries like:
Almonds,Pistachios,Cashews,Walnuts,Raisins,Other Nuts, Dry Fruits, Seeds and Berries

The Group Proventus Agrochem Limited operates through its Material Subsidiaries like Prov Foods Private Limited, and Proventus Retail Private Limited.

Proventus Agrocom Limited - Promoter(s)

Pre Issue Share Holding: 92.29%

Post Issue Share Holding: 70.84%

Company Promoter(s)

Durga Prasad Jhawar
Deepak Kumar Agrawal
Shalin Sanjiv Khanna
Shree JMD Investment Advisors LLP

Proventus Agrocom Limited IPO - Issue Objectives

Funding working capital requirements of the Company
Funding working capital requirements of the material subsidiary namely, Prov Foods Private Limited
General Corporate Purposes.

Proventus Agrocom Limited IPO - FAQs

Ans. Proventus Agrocom Limited IPO is a SME IPO. The issue is priced at ₹771 per equity share. The minimum order quantity is 160 Shares. The IPO opens on May 24, 2023, and closes on May 26, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Proventus Agrocom Limited IPO opens on May 24, 2023 and closes on May 26, 2023.

Ans. The size of Proventus Agrocom Limited IPO is Total Issue Size: 902,000 shares(aggregating up to ₹69.54 Cr) #Fresh Issue: 671,853 shares(aggregating up to ₹51.80 Cr) #Offer for Sale: 230,147 shares of ₹10(aggregating up to ₹17.74 Cr).

Ans. The IPO price band is set between ₹771 per equity share.

Ans. To apply for Proventus Agrocom Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Proventus Agrocom Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Proventus Agrocom Limited IPO is May 31, 2023.

Ans. The Proventus Agrocom Limited IPO will be listed on Jun 5, 2023.

Ans. Follow the steps to check the allotment status for Proventus Agrocom Limited IPO here.