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Open
15 Mar 2022
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Close
17 Mar 2022
3
Allotment
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Listing
Mon, Mar 28, 2022
Price Band
₹71 to ₹75
Issue Size
65,84,000 shares (agg. up to ₹49 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Mar 28, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 145.55x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 201.89 | 192.55 | 148.35 | 194.66 |
| Total Income | 594.67 | 1,301.19 | 853.20 | 1,292.47 |
| Profit After Tax | 16.84 | 26.19 | 13.21 | 23.40 |
| EBITDA | 24.29 | 41.58 | 24.04 | 34.99 |
| Reserves and Surplus | 157.20 | 140.25 | 131.11 | 117.91 |
| Total Borrowing | 1.27 | 22.57 | 11.37 | 60.27 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shri Venkatesh Refineries Ltd. | SME | ₹11.71 Cr | ₹40 | null | ₹42.10 | +5.25% | ₹384.35 (+1.95%) |
| Adani Wilmar Ltd. | Mainboard | ₹3,600.00 Cr | ₹230 | 44.66 | ₹268.25 | +16.63% | ₹188.66 (-0.45%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 40.00 |
| 2 | General Corporate Purpose | 4.68 |
About KN Agri Resources IPO
Incorporated in 1987, KN Agri Resources is an agro-based company, involved in the business of solvent extraction & oil refining and trading of various agro-commodities. KN Agri customers include agri-commodities dealers, trade houses, export houses, and FMCG Companies such as Adani Wilmar Limited, Cargill India, Bunge India, and Ruchi Soya. KN Agri offers a wide range of processed and manufactured products including soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Company trade in various agro commodities such as maize, gram, pulses, sugar, soybean, wheat, etc. KN Agri has three plants located in Khandwa and Itarsi in Madhya Pradesh. These plants include three solvent extraction plants, two oil refineries, and one flour mill. Company market its products to around 15 states in India of which the majority portion of the revenue comes from the state of Madhya Pradesh, Gujarat, West Bengal, and Maharashtra. Competitive Strengths Wide Range of Products ISO certified company with consistent and standardized product quality Huge in-house man
Contact Details
KN Agri Resources Ltd. AddressKN Building, Subhash RoadRamsagarparaRaipurChandigarh, Chandigarh, 492001info@kngroup.inVisit Website