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Open
24 May 2023
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Close
26 May 2023
3
Allotment
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Listing
Mon, Jun 5, 2023
Price Band
₹771 per share
Issue Size
9,01,920 shares (agg. up to ₹70 Cr)
Lot Size
160 Shares
Listing Date
Mon, Jun 5, 2023
Latest GMP
₹14
Est. Gain
1.82%
✦ AI Insight
GMP Trend
05-06-2023₹14Est. ₹785+1.82%
04-06-2023₹14Est. ₹785+1.82%
03-06-2023₹14Est. ₹785+1.82%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.65x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 97.35 | 101.31 | 88.43 | 89.37 |
| Total Income | 319.10 | 404.35 | 301.74 | 900.89 |
| Profit After Tax | 1.90 | 1.14 | 1.88 | -21.90 |
| NET Worth | 61.67 | 59.67 | 58.45 | 56.64 |
| Reserves and Surplus | 52.35 | 50.34 | 49.12 | 47.31 |
| Total Borrowing | 30.61 | 34.44 | 29.41 | 17.29 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 9.91 |
| 2 | Funding working capital requirements of our material subsidiary namely, Prov Foods Private Limited | 29.86 |
| 3 | General Corporate Purposes | 10.78 |
About Proventus Agrocom IPO
Incorporated in 2015, 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.+ Read More
Contact Details
Proventus Agrocom Ltd. AddressUnit 515, 5th Floor, C Wing, 1 MTR Cabin, AtriumVillage Mulgaon, MV Road, Andheri (East)Near Acme PlazaMumbai, Maharashtra, 400069+91 22 6211 0900cs@proventusagro.comVisit Website