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Kaveri Seed IPO is a book built issue of Rs 68.00 crores.
Kaveri Seed IPO bidding started from September 6, 2007 and ended on September 11, 2007. The shares got listed on BSE, NSE on October 4, 2007.
Kaveri Seed IPO price band is set at ₹150 to ₹170 per share. The minimum lot size for an application is 40 Shares. The minimum amount of investment required by retail investors is ₹6,800.
Anand Rathi Securities Limited is the book running lead manager of the Kaveri Seed IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Kaveri Seed IPO RHP for detailed information.
| IPO Date | September 6, 2007 to September 11, 2007 |
| Listing Date | October 4, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹150 to ₹170 per share |
| Lot Size | 40 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹68.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Investors can bid for a minimum of 40 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹6,800 |
| Retail (Max) | 29 | 1160 | ₹197,200 |
| Lot Size Calculator | |||
Incorporated in 1986, Kaveri Seed Company Limited is Hyderabad based company in the business of production, processing and marketing of high quality hybrid seeds for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and has recently forayed into micronutrients and bio products.
Kaveri Seeds currently have production, processing and R&D facilities in Andhra Pradesh and Karnataka. Kaveri Seeds research mainly focuses on developing superior hybrids in different crops like corn, cotton, sunflower, paddy, bajra, etc.
In the year 2002, Kaveri Seeds began a new venture to produce and market bio-pesticides, bio-fertilizers, micronutrients, fertilizer mixtures and plant growth regulators.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Acquisition of farmland for R&D near Hyderabad, Alwar and Ahmedabad;
2. Setting up of marketing offices & godowns in Delhi, Lucknow, Jaipur, Ahmedabad and Aurangabad;
3. Setting up of corn cob drying plants in Medak District, Andhra Pradesh and Bellary, Karnataka;
4. Setting up of a biotechnology lab at Gundla Pochampally near Hyderabad;
5. Upgradation of existing seed processing plants at Kandlakoi, Gundla Pochampally, Gatla Narsingapur and Bellary;
6. Setting up of a seed processing plant in Medak District near Hyderabad.
The Kaveri Seed IPO is subscribed 4.00 times on Sep 11, 2007 5:00:00 PM. The public issue subscribed 3.26 times in the retail category, 5.59 times in the QIB category, and 5.05 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | October 4, 2007 |
| BSE Script Code | 532899 |
| NSE Symbol | KSCL |
| ISIN | INE455I01029 |
| Final Issue Price | ₹170 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹170.00 |
| ₹201.15 |
| ₹201.15 |
| ₹262.00 |
| ₹230.10 |
| NSE |
|---|
| ₹170.00 |
| ₹204.00 |
| ₹204.00 |
| ₹263.00 |
| ₹230.95 |
Kaveri Seed Company Limited
513B, 5th Floor, Minerva Complex,
S.D. Road,
Secunderabad - 500 003, Andhra Pradesh, India
Phone: +91 40 27721457
Email: ipo@kaveriseeds.com
Website: http://www.kaveriseeds.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Kaveri Seed IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹68.00 Crores. The issue is priced at ₹150 to ₹170 per share. The minimum order quantity is 40 Shares.
The IPO opens on September 6, 2007, and closes on September 11, 2007.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Kaveri Seed IPO opens on September 6, 2007 and closes on September 11, 2007.
Kaveri Seed IPO lot size is 40 Shares, and the minimum amount required is ₹6,800.
You can apply in Kaveri Seed IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Kaveri Seed IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kaveri Seed IPO allotment status.
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RHP
13/11/07 rate was 220, how long i have to wait