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Godrej Agrovet Limited IPO (Godrej Agrovet IPO) Detail

Oct 4, 2017 - Oct 6, 2017

Incorporated in 1991, Godrej Agrovet is India based agri-business Company offering products including Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry and Processed Foods. Godrej Agrovet is leading animal feed company and the largest crude palm oil producer in India.

Product Portfolio

1. In animal feed business, the products comprises cattle feed, poultry feed (broiler and layer), aqua feed (fish and shrimp) and specialty feed. The products are produced at 35 facilities and sold through 4000 distributors across India.

2. In crop protection business, company produces plant growth regulators, organic manures, generic agrochemicals and specialized herbicides. The products are sold in India and 24 countries. Company has over 6000 distributors in this business segment.

3. In oil palm business, the products include crude palm oil, crude palm kernel oil and palm kernel cake. Company owns five palm oil mills.

4. The dairy business is operate through a subsidiary Creamline Dairy. Company sell milk and milk based products under the 'Jersey' in 5 south India states. Company own nine milk processing units. Company has 2,500 milk product distributors and 50 retail parlors.

5. Company also produce processed poultry and vegetarian products under the brands 'Real Good Chicken' and 'Yummiez'.

Company Strengths:
1. Pan-India presence with extensive supply and distribution network.
2. Diversified businesses with five business verticals.
3. Emphasis on R&D
4. Part of the Godrej group. Part of strong 'Godrej' brand.
5. Leading position in the segments it operate.

Company Promoters:

Mr Nadir B. Godrej and Mr Adi B. Godrej are the promoters of GIL.

Objects of the Issue:

The Issue comprises a Fresh Issue and an Offer for Sale.

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 utilise 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.

Godrej Agrovet IPO Details

Issue OpenOct 4, 2017 - Oct 6, 2017
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹1,157.31 Cr)
Face Value₹10 Per Equity Share
Issue Price₹450 - ₹460 Per Equity Share
Market Lot32 Shares
Min Order Quantity32 Shares
Listing AtBSE, NSE

Godrej Agrovet IPO Tentative Date / Timetable

Bid/Offer Opens OnOct 4, 2017
Bid/Offer Closes OnOct 6, 2017
Finalisation of Basis of AllotmentOct 12, 2017
Initiation of RefundsOct 13, 2017
Credit of Shares to Demat AcctOct 13, 2017
IPO Shares Listing DateOct 16, 2017

Godrej Agrovet IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum132₹14,720
Maximum13416₹191,360

Issue Size

Issue size is between Rs 1145 to 1157 Cr. The public issue of Godrej Agrovet Limited comprises:

  1. Fresh Issue: Rs 291.51 Cr
  2. Offer for Sell: Rs 300 Cr by Godrej Industries + 12,300,000 Shares by V-Sciences Investments Pte Ltd.

Godrej Agrovet IPO Subscription Status (Bidding Detail)

Godrej Agrovet IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Total

Shares Offered

5,082,882

3,750,042

8,750,096

444,444

18,027,464

Oct 6, 2017 17:00

150.96x

236.04x

7.16x

0.81x

95.16x

Godrej Agrovet IPO Prospectus

Godrej Agrovet IPO Rating

1669
4.1
Rating:Rated 4.1 stars

Vote Here ...

Godrej Agrovet IPO Listing Date

Listing DateMonday, October 16, 2017
BSE Script Code540743
NSE SymbolGODREJAGRO
Listing InB
ISININE850D01014
Issue Price₹460 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
₹460.00
₹621.00
₹563.80
₹629.85
₹595.55
3,677,215
NSE
₹460.00
₹615.60
₹563.40
₹630.00
₹595.65
24,000,049

Godrej Agrovet IPO Reviews / Ratings

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Company Contact Information

Godrej Agrovet Limited
Godrej One, 3rd Floor, Pirojshanagar,
Eastern Express Highway,
Vikhroli (East), Mumbai 400 079

Phone: (91 22) 2519 4416
Email: gavlinvestors@godrejagrovet.com
Website: http://www.godrejagrovet.com/

Godrej Agrovet IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: godrej.agrovet@karvy.com
Website: https://karisma.karvy.com/

Godrej Agrovet IPO FAQs

  1. 1. What is Godrej Agrovet IPO?

    Godrej Agrovet IPO is an main-board initial public offering of [.] equity shares of the face value of ₹10 aggregating up to ₹1,157.31 Crores.

    The issue price of the IPO is ₹450 - ₹460 Per Equity Share. The minimum order quantity is 32 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Oct 4, 2017 and closes on Oct 6, 2017.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Godrej Agrovet IPO will open?

    The Godrej Agrovet IPO opens on Oct 4, 2017 and closes on Oct 6, 2017.

  3. 3. How to apply for Godrej Agrovet IPO?

    Godrej Agrovet IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Godrej Agrovet IPO allotment?

    The finalization of Basis of Allotment for Godrej Agrovet IPO will be done on Oct 12, 2017, and the allotted shares will be credited to your demat account by Oct 13, 2017. Check the Godrej Agrovet IPO allotment status.

  5. 5. When is Godrej Agrovet IPO listing date?

    The Godrej Agrovet IPO listing date is on Monday, October 16, 2017, at BSE, NSE.

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Godrej Agrovet IPO Review / Comments

Paras securities and consultant pvt Ltd
1294. Paras securities and consultant pvt Ltd  Dec 24, 2017 11:05 I Like It. 2 | Report Abuse
Hold for long period because Godrej brand company is leading animal feed company and the largest crude palm oil producer in India.
PRIYANKA BANSAL
1293. PRIYANKA BANSAL  Nov 30, 2017 08:57 I Like It. | Report Abuse
How Much Time to Hold any one can suggest?
Arpit
1293.1. Arpit  Nov 30, 2017 14:19 I Like It. | Report Abuse
I am also looking for the Answer this Q..By d way it rising and I am happy :)
samsbj
1292. samsbj  Nov 14, 2017 10:03 I Like It. 3 | Report Abuse
Is it good to buy Godrej Agro @ 528 level ??
Please advise :)
Arpit
1292.1. Arpit  Nov 14, 2017 18:06 I Like It. | Report Abuse
Bhai Mat Khareedna Koi Scope ni hai Price Rise k
MSeeker
1291. MSeeker  Nov 13, 2017 15:40 I Like It. | Report Abuse
What is happening in this counter? Why this is going down everyday.. I am in loss of 50K already.. Almost Rs 100 down from my buying price.. I have 500 shares which I bought on listing day.
mmkktata
1290. mmkktata  Nov 13, 2017 15:12 I Like It. 2 | Report Abuse
Septa sir I m holding godrej at 572 what is your advice in this. Please suggest. I m eagerly waiting for your answer
Paras securities and consultant pvt Ltd
1289. Paras securities and consultant pvt Ltd  Nov 10, 2017 19:22 I Like It. 2 | Report Abuse
Accumulate at this level.
Good fundamental company.
5in1 business company.
Hold for long term.
P M
1288. P M  Nov 9, 2017 07:48 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Hits new low of 538.10 on NSE today
P M
1288.1. P M  Nov 9, 2017 09:29 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
correction: new low on 08 Nov 2017
jhk
1287. jhk  Nov 3, 2017 18:40 I Like It. 4 | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
QoQ pr0fit rise from 82 cr. to 85 cr.

Hope to see some rally on monday.

May cross 600 easily

Buy in the pre-open sesson before 9.05
Huzefa
1287.1. Huzefa  Nov 7, 2017 07:20 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
What I have seen is that stocks usually stocks go down after the results, even if the results are good. And after 3-4 days the price starts rising again.
beejedee
1287.2. beejedee  Nov 7, 2017 07:33 I Like It. | Report Abuse
Good Result was not what Market expected and was already discounted.. may go down below 540 but this is a portfolio share...Will buy below 540 ...
JAI MATA DI
1286. JAI MATA DI  Nov 5, 2017 15:02 I Like It. 3 | Report Abuse
CASH EPS NEARLY 4.8 IF ANNUALIZED IT''S NEARBY 19.2. IF COUNT SOME DOWN THEN NEARBY 17. IF TAKE PE 40 THEN PRICE LIKELY REACHED AT 680 IN NEAR TERM
CA Manoj Kumar
1285. CA Manoj Kumar  Nov 3, 2017 13:05 I Like It. 3 | Report Abuse
Result announced

Good result
Stock ll move up slowly

Keep holding
Arpit
1285.1. Arpit  Nov 3, 2017 16:13 I Like It. | Report Abuse
How Much Time to Hold ??
Paras securities and consultant pvt Ltd
1284. Paras securities and consultant pvt Ltd  Nov 3, 2017 08:44 I Like It. 4 | Report Abuse
Result announce today
CA nkn
1283. CA nkn  Nov 2, 2017 11:06 I Like It. 5 | Report Abuse
good company.... rich valuation .....
yazoo
1282. yazoo  Oct 27, 2017 15:48 I Like It. | Report Abuse
Gic making lower tops and bottoms ... govt did not defend 845 850 and next point is 815 and 801 then 780... last 10 minutes was cat and mouse and looks like some was trading both sides of the curve
BullOverBear
1281. BullOverBear  Oct 27, 2017 14:59 I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Godrej Agrovet results on 03 November 2017
IPO LEADER
1280. IPO LEADER  Oct 26, 2017 22:35 I Like It. | Report Abuse
New low.. keep adding... Best stock i have ever seen... 1000 jaega ek baar 700 cross krne do... Public plus hai let them get out...
sachu
1279. sachu  Oct 26, 2017 18:06 I Like It. | Report Abuse
Still hold with allotted share now what to do Hold Or sell..??
Network Engineer
1278. Network Engineer  Oct 26, 2017 11:52 I Like It. | Report Abuse
Added one lot @563 yesterday. I hope it will recover fast in bull market.
Nakul Kaushal
1277. Nakul Kaushal  Oct 24, 2017 19:44 I Like It. | Report Abuse
I have one lot . For how much time i will hold it ?
Huzefa
1277.1. Huzefa  Oct 25, 2017 20:50 I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Only you know how much time you will hold it, right?
LoneRanger
1276. LoneRanger  Oct 25, 2017 15:34 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Great Pullback
Arpit
1276.1. Arpit  Oct 25, 2017 16:40 I Like It. | Report Abuse
Should I hold or Sell ?? :(
IPO LEADER
1275. IPO LEADER  Oct 23, 2017 23:34 I Like It. 1 | Report Abuse
Once stock crosss 700 then it will be Rocket non stop 1000 will b on card
Kenny
1275.3. Kenny  Oct 24, 2017 12:13 I Like It. 1 | Report Abuse
Hope it will shoot sooner than later. :)
Arpit
1275.4. Arpit  Oct 24, 2017 16:28 I Like It. | Report Abuse
Hold Kareing ya Sell krde ???????? Yaar Koi btao Yar



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