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K.P.R. Agrochem Limited IPO (KPR Agrochem IPO) Detail

Jun 28, 2019 - Jul 2, 2019

Incorporated in 2007, Andhra Pradesh based KPR Agrochem Limited is engaged in manufacturing, retailing and distribution activities of agriculture output enhancing and crop yield protection products. The company offers a wide product range including crop nutrients, crop protection, veterinary feed supplements, sulphuric acid and variety of seeds. The company also manufactures sulphuric acid-based chemicals such as oleum and LABSA which are used in synthetic detergents, agrochemicals, pharmaceuticals, and veterinary feed supplement industries.

Some of the branded products offered by the company are: FAST, MOTOX - 10G, SAMRAT ATRAZINE 50% WP, MEGA IMIDA, ABHAYA CAL MIX, APURVA SEEDS, AJAY (14-35-14) and AJAY (20-20-0).

The company has 9 depots at different locations for easy connectivity with nearly 8000 dealers across India. KPR Agrochem also has a chain of Kisan Seva Kendras to directly connect to end customers. The company is a part of the K.P.R. group, which is involved in chemicals, agri-inputs, poultries and rice mills related business.

The company has three manufacturing units located at Balabhadrapuram (Godavari district), Biccavolu (Godavari district), and Koppal district (Karnataka). This agrochem firm also has a waste heat recovery plant at Biccavolu to generate power from the steam residue collected during sulphuric acid production. In addition, it also has a quality control laboratory at:

(i) Biccavolu facility, Andhra Pradesh
(ii) Balabhadrapuram facility, Andhra Pradesh
(iii) Warangal facility, Telangana
(iv) Koppal facility, Karnataka

The competitive strengths of the company are:

 Wide range of agro-input products
 Strong and rapidly growing distribution chain
 Independent raw material sourcing capabilities
 Certified three manufacturing units

Company Promoters:

Papa Reddy Kovvuri, Venkata Mukunda Reddy Karri, Rajasekhar Reddy Kovvuri, Satyanarayana Reddy Kovvuri (S/O. Veeraraghava Reddy Kovvuri), Satyanarayana Reddy Kovvuri (S/O. Ramachandra Reddy Kovvuri) and Cresco Technology LLP are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. 10 Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 8,179.00 8,239.30 8,573.22 7,970.73 7,296.19 7,105.75 7347.28
Total Revenue 4,620.83 5,720.15 5,564.84 5,529.21 5,738.27 5,929.47 5,621.31
Profit After Tax 265.81 282.56 217.57 234.62 270.31 269.04 142.19

Objects of the Issue:

The Company intends to utilize the Net Proceeds for the following objects ("Objects of the Issue"):

1. Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
2. To meet additional working capital requirement of the Company;
3. General corporate purposes

KPR Agrochem IPO Details

Issue OpenJun 28, 2019 - Jul 2, 2019
Issue TypeBook Built Issue IPO
Issue Size46,426,229 Eq Shares of Rs 10
(aggregating up to Rs 283.20 Cr)
Fresh Issue34,426,229 Eq Shares of Rs 10
(aggregating up to Rs 210.00 Cr)
Offer for Sale12,000,000 Eq Shares of Rs 10
(aggregating up to Rs 73.20 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 59 - Rs 61 Per Equity Share
Retail Discount3
Employee Discount3
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE

KPR Agrochem IPO Tentative Date / Timetable

Bid/Offer Opens OnJun 28, 2019
Bid/Offer Closes OnJul 2, 2019
Finalisation of Basis of AllotmentJul 5, 2019
Initiation of RefundsJul 8, 2019
Credit of Shares to Demat Acct:Jul 9, 2019
IPO Shares Listing Date:Jul 10, 2019

KPR Agrochem IPO Promoter Holding

Pre Issue Share Holding72.02%
Post Issue Share Holding41.3%
QIB Category: Up to 25% of the net issue; NII Category: Not Less Than 35% of the net issue; RII category: Not Less Than 40% of the net issue

KPR Agrochem IPO Prospectus

KPR Agrochem IPO Rating

384
3.9
Rating:Rated 3.9 stars

Vote Here ...

Company Contact Information

K.P.R. Agrochem Limited
Door No. 8-256,
Tata Nagar, Balabhadrapuram-533 343
Andhra Pradesh, India

Phone: +91 8857 237 367/236 767
Email: ipo@kprgroup.net
Website: http://www.kpragrochem.com/

KPR Agrochem 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: kpragrochem.ipo@karvy.com
Website: https://karisma.karvy.com/

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KPR Agrochem IPO Review / Comments

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28. Niel Sony  Jun 26, 2019 13:48 I Like It. 1 | Report Abuse Reply
Hi I have purchased 1 equity share of Paytm from this site buysellunlistedshares.com Warren buffet has recently invested in this company and can become good multibagger.
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28.1. JustIPO  Jun 26, 2019 15:08 I Like It. 11 | Report Abuse
Which weed dude?
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27. amanwa  Jun 26, 2019 02:06 I Like It. | Report Abuse Reply
Dear Admin,

Could you please check if the revenue and profit figure given here is correct? I think use of LAKH is incorrect.
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27.1. Team Chittorgarh.com  Jun 26, 2019 10:46 I Like It. | Report Abuse
Thank you for your kind feedback. The error is resolved.

Thank you,

Chittorgarh.com Admins

Common Sense Public Forum Rules

  • Do not post irrelevant messages or advertisements.
  • Treat other members with the respect. Avoid insult or personal attacks.
  • Do not post your personal information i.e phone number or email address.
avatar
26. KING VINOD  Jun 25, 2019 18:07 I Like It. 5 | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 1900+ Likes)
GMP 5 - 6
Kostak 800/-
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25. KAUSHIKI  Jun 16, 2019 21:15 I Like It. 6 | Report Abuse Reply
From my more than 20 years of experiences in the IPO market, I am assuring the investors that, investment in IPOs is the best from the view point of the shareholders as they can get the shares at its discounted prices since the promoters issue it as a promotional price and as well as from the promoters also since they can accumulate a huge amt. of capital in a very short time provided the issue price is very much attractive for the retail shareholders and If the stock performs well after listing, they can get the benefit of that increase in price on the remaining shareholding, which improves their overall returns,

Pl. note that, one of the main reason of failure of IPOs is their high Price Band due to the greediness of the promoters.

This is to further inform you that, most IPOs get success in the bull run and this will definitely continue upto 2024, due to PLG (Privatisation, Liberlisation and Globalisation) Policy of this stable Govt.

Year wise IPOs list from 2007 to 2019
Yr.      No. of IPOs      Issue Succeeded
2007      108      104
2008      39      36
2009      22      21
2010      66      64
2011      40      37
2012      13      11
2013      5      3
2014      7      5
2015      21      21
2016      27      26
2017      38      38
2018      25      24
2019      7      7
       418      397

So, From the above table it is clearly seen, the success rate of an IPO. In 2013, it is minimum (60%) and 2015, 2017 and 2019 it is maximum (100%). Most of the IPOs get success in the bull run and there is a long pipeline of upcoming IPOs (at least 100 IPOs are waiting) due to stability of the Govt. and its economic reforms. Moreover, in 2018 India is no. 2 in issuing IPOs all over the world and in the Q1 of 2019 our country is no. 1 regarding this matter.

So, be ready to invest in IPOs, Happy investing.

N.B According to NITI Aayog, at least 94 CPSEs are ready for Disinvestment through IPOs including BSNL & LIC. and many more will be included in the list.
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25.4. Prabahar P M  Jun 24, 2019 18:11 I Like It. 6 | Report Abuse
I think you only counted the subscription figure. If so, all IPO's are successful. We investors always want to try our luck. But if you take the listing gain or current price, almost 50% IPO's are flop. Dont give false information to the board.
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25.5. KAUSHIKI  Jun 25, 2019 15:29 I Like It. 4 | Report Abuse
Dear Friends, I got the list from chittorgarh.com which is one of the best website for IPO information. Moreover, I made a huge loss in the secondary market by following the advice of my broker and had recovered a small portion of it by investing in IPOs like Bandhan Bank, PNBHF, etc. So, I am in favour of the IPOs. Moreover, I do not have any intention to misguide anybody rather than I wanted to help all by sharing my experiences in the primary market. thanks,
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24. Kalpeshraja  Jun 25, 2019 15:16 I Like It. | Report Abuse Reply
Good Agri business. Consistant profit for more than 20 crores last 5 years. Good promoter subscribe as much as possible. Dont miss maximum opportunity available for profit.
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23. Kalpeshraja  Jun 24, 2019 23:29 I Like It. 1 | Report Abuse Reply
Subscribe IPo of KPR AGROCHEM LIMITED as there is application form price rs. 800 -850. I think it will listed rs.100 easily
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23.1. Devenblt  Jun 25, 2019 14:15 I Like It. 1 | Report Abuse
Which city this rate
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22. ipoking in  Jun 25, 2019 13:12 I Like It. | Report Abuse Reply
SEBI ના નીયમ મુજબ, 1st July, 2019 થી કોઈ પણ IPO માં 2લાખ થી નીચેની રકમની અરજી કરવા માટે UPI ID (Unified Payments Interface) આપવું ફરજીયાત બનાવવામાં આવ્યું છે. જેની ખાસ નોંધ લેવી. Team - IPO king.
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21. MEdge  Jun 25, 2019 11:57 I Like It. 4 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
poor LM
GOOD to skip.
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20. Shekhardesai  Jun 24, 2019 23:56 I Like It. 1 | Report Abuse Reply
It is available at discounted price. Subscribe with full force for maximum profit. It is surely listed between rs.90 to rs. 100. Subscribe for immediately 50% return in just 10 days
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19. MITTAL  Jun 24, 2019 18:31 I Like It. 6 | Report Abuse Reply
ध्यान दें
सालाना बिक्री लगभग 56करोड
सालाना लाभ लगभग 2.18 करोड़
कुल इश्यू 283 करोड़
विचार करे 100 साल का लाभ एक बार मे
क्या 56करोड़ की बिक्री 5600 करोड़ हो जाएगी
सावधान रहे वर्ना ढूंढते रह जाएंगे
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18. MSanghvi  Jun 24, 2019 12:12 I Like It. 4 | Report Abuse Reply
Grey Market : 550-600
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18.1. KING VINOD  Jun 24, 2019 13:08 I Like It. 4 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 1900+ Likes)
Good Joke
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17. Rohit Budke  Jun 22, 2019 14:16 I Like It. 2 | Report Abuse Reply
Should we apply for this IPO? Pls suggest
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17.1. Aditya Hujband  Jun 22, 2019 21:18 I Like It. 3 | Report Abuse
Yes.. apply with full force...
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16. Regulagedda Ambica Prasad  Jun 21, 2019 16:24 I Like It. | Report Abuse Reply
Feel like applying for minimum lots
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15. RAJAKUMAR  Jun 21, 2019 12:09 I Like It. 3 | Report Abuse Reply
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Issue opens 28 to 2
Price 59 to 61
Lot 200 shares
Retail discount Rs.3
Qib 25%
Hni 35%
Retail 40%
BRLM may close Qib bid one day prior to issue closing date.
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14. Roxpatel  Jun 11, 2019 10:40 I Like It. 1 | Report Abuse Reply
We can see big move in Raymond in near days
May go up 900
May go down 750,
Strong chances 💪 to go up!
Play with stoploss
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14.1. Roxpatel  Jun 20, 2019 16:01 I Like It. | Report Abuse
Ok, it chose to go down, 750 already crossed
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13. KING VINOD  Jun 17, 2019 10:42 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 1900+ Likes)
It looks like this IPO may delay more
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12. KalpeshKC  Jun 12, 2019 18:34 I Like It. 2 | Report Abuse Reply
Dear Admin ,
Today we have seen last msg off 06 june.
Why am i not able to see 07 june to 12 june msg.
I am also face this type of issue before.
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12.1. Team Chittorgarh.com  Jun 13, 2019 09:06 I Like It. 1 | Report Abuse
Dear Mr Kalpesh,

Than you for your message. If a old message gets reply, it comes up on the list. This may be causing the confusion. The messages from 6th to 11th are on the page. Just go little down and you will see them.

Thank you,

Chittorgarh.com Admins

Common Sense Public Forum Rules

  • Do not post irrelevant messages or advertisements.
  • Treat other members with the respect. Avoid insult or personal attacks.
  • Do not post your personal information i.e phone number or email address.
avatar
11. Lalji Koradiya  Jun 12, 2019 19:38 I Like It. | Report Abuse Reply
I have a non ASBA bank account so can I apply for ipo ? With UPI ?
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11.1. MEdge  Jun 12, 2019 21:26 I Like It. 8 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
UPI payment option is for offline IPO application forms, pls check with your bank person who accept physical form.

Those having online internet banking they should not bother about UPI rule, online ASBA users continue to enjoy old way of submitting applications.
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10. RAVI SHETH  Jun 6, 2019 16:58 I Like It. | Report Abuse Reply
ANY BODY GUIDE ME ABOUT UPI PAYMENT OPTION.
I AM FACING BELOW PROBLEM.
MY ALL 7 FAMILY MEMBERS ACCOUNT IN BANK OF BARODA AND SAME MOBILE NUMBAE. AND MY OTHER ACCOUNT IN ICICI BANK, SARASWAT BANK, & BANK OF INDIA BUT MOBILE NUMBER IS ONLY ONE.
HOW CAN I CREATE UPI ID ?
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10.1. MEdge  Jun 6, 2019 17:32 I Like It. 10 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
If you are using internet banking, Online ASBA is good option then you don't need UPI ID to apply IPO.

If you still want to generate different UPI ID with same mobile number then you can do using different different UPI applications which are available under Google app store.

Below are UPI apps
Bhim
PhonePe
Google Pay
Amazon Pay
Mobikwik
Freecharge
Payzapp
Bhim SBI
BHIM AXIS

With same mobile number you can register different bank accounts with using above apps to get different UPI IDs
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10.2. RVH  Jun 12, 2019 11:41 I Like It. | Report Abuse
Dear RAVI Sheth
You go throw individual net banking. So you can easily apply.
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9. Kousik  Jun 10, 2019 16:23 I Like It. 1 | Report Abuse Reply
In which category this script will be listed ?



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