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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 836.50 | 798.41 | 700.79 | 714.37 |
| Total Income | 342.03 | 1,006.71 | 709.72 | 392.03 |
| Profit After Tax | 22.45 | 46.60 | 28.75 | 12.14 |
| NET Worth | 465.66 | 444.42 | 400.35 | 373.96 |
| Total Borrowing | 131.02 | 148.64 | 142.53 | 212.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aye Finance Ltd. | Mainboard | ₹1,010.00 Cr | ₹129 | 14.11 | ₹128.91 | -0.07% | ₹172.03 (+0.73%) |
| Tata Capital Ltd. | Mainboard | ₹15,511.87 Cr | ₹326 | 35.99 | ₹330.50 | +1.38% | ₹341.90 (+0.04%) |
| Laxmi India Finance Ltd. | Mainboard | ₹254.26 Cr | ₹158 | 18.35 | ₹134.11 | -15.12% | ₹129.12 (+3.36%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-funding the working capital requirements of the Company; | 120.00 |
| 2 | Part-funding the working capital requirements of the Material Subsidiary, FarmersFortune (India) Private Limited (“FFIPL”); | 125.00 |
| 3 | Infusion of funds in the Material Subsidiary, Agriwise Finserv Limited (“AFL”), towards augmenting of capital; and | 100.00 |
| 4 | General corporate purposes |
About Star Agriwarehousing IPO
Incorporated in 2006, Star Agriwarehousing and Collateral Management Limited engaged in providing services such as procurement, trade facilitation, warehousing, collateral management, financing solutions, digital marketplace and technology based value-added data services. Star Agriwarehousing and Collateral Management Limited has a pan-India network of 2,189 warehouses at 379 locations spread across 19 states in India, as of June 30, 2024. Collateral Management Business: the company supports lenders such as banks and financial institutions including NBFCs. Financing Solutions Business: the company offers a range of loans which are extended through their capital as well as through co-lending and business correspondent models through the Material Subsidiary, Agriwise Finserv Limited, which is an NBFC. Agribazaar Tradefloor: is an e-auction platform which enables institutional buyers and sellers to list agricultural commodities and products for auction, while traders, suppliers, processors, millers and corporates participate by placing bids. The company also offer trade facilitation services to the customers in the Procurement and Trade Facilitation business. As of June 30, 2024, the
Contact Details
Star Agriwarehousing & Collateral Management Ltd. Address801, Sumer Plaza, Marol Maroshi Road,Beside KP Aurum, Sankasth Pada Wel,Marol Naka,Mumbai, Maharashtra, 400059+91 22 61829600compliance@staragri.comVisit Website