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

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

IPO Opening Date
IPO Closing Date
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹59 to ₹61 per equity share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE
Issue Size46,426,229 Eq Shares of ₹10
(aggregating up to ₹283.20 Cr)
Fresh Issue34,426,229 Eq Shares of ₹10
(aggregating up to ₹210.00 Cr)
Offer for Sale12,000,000 Eq Shares of ₹10
(aggregating up to ₹73.20 Cr)
Retail Discount3
Employee Discount3

KPR Agrochem IPO Tentative Timetable

The KPR Agrochem IPO open date is , and the close date is . The issue may list on Jul 10, 2019.

IPO Open Date
IPO Close Date
Basis of Allotment DateJul 5, 2019
Initiation of RefundsJul 8, 2019
Credit of Shares to Demat AccountJul 9, 2019
IPO Listing DateJul 10, 2019

KPR Agrochem IPO Lot Size

The KPR Agrochem IPO market lot size is 200 shares. A retail-individual investor can apply for up to 16 lots (3200 shares or ₹195,200).

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹12,200
Maximum163200₹195,200

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

IPO Notices

External Link

KPR Agro IPO withdrawn

Date: June 27, 2019

The Rs 283.20 Cr proposed public issue of KPR Agro has been withdrawn for unknown reasons. The IPO was planned to open on June 28, 2019.

KPR Agrochem IPO Prospectus

KPR Agrochem IPO Rating

396
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

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: kpragrochem.ipo@karvy.com
Website: https://karisma.kfintech.com/

KPR Agrochem IPO FAQs

  1. What is KPR Agrochem IPO?

    KPR Agrochem IPO is a main-board IPO of 46,426,229 equity shares of the face value of ₹10 aggregating up to ₹283.20 Crores. The issue is priced at ₹59 to ₹61 per equity share. The minimum order quantity is 200 Shares.

    The KPR Agrochem IPO open and close dates are not available as of now.

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

  2. When KPR Agrochem IPO will open?

    The KPR Agrochem IPO dates are not announced. Please check back again after some time.

  3. What is the lot size of KPR Agrochem IPO?

    KPR Agrochem IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.

  4. How to apply for KPR Agrochem IPO?

    You can apply in KPR Agrochem 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When KPR Agrochem IPO allotment?

    The finalization of Basis of Allotment for KPR Agrochem IPO will be done on Jul 5, 2019, and the allotted shares will be credited to your demat account by Jul 9, 2019. Check the KPR Agrochem IPO allotment status.

  6. When is KPR Agrochem IPO listing date?

    The KPR Agrochem IPO listing date is not yet announced. The tentative date of KPR Agrochem IPO listing is Jul 10, 2019.

KPR Agrochem IPO Message Board

Ranked Members  Ranked Members

Loading...
38. Carn Mohan |Jul 5, 2019 20:12
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
I think its fair value below Rs 10 therefore IPO withdraw.
37. MITTAL |Jun 24, 2019 19:31
Top Contributor Top Contributor (400+ Posts, 900+ Likes)
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
37.1. MITTAL |Jun 28, 2019 14:34
Top Contributor Top Contributor (400+ Posts, 900+ Likes)
सब बच गए
37.2. ManishS |Jun 28, 2019 18:05
PAT is 26.58 cr. ........
dekh le bhai pahle acheche se
36. dpcdsl |Jun 28, 2019 14:07
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
The reason may be, on the day of 'anchor's allotment', issue is withdrawn means QIB is not satisfied for subscription. Unless and until allotment of 90% of 'anchor's portion' is subscribed and anchors' list submitted to exchanges, IPO can't go ahead.
35. SKGKOL |Jun 27, 2019 21:32
The ipo is withdrawn due to unknown reason
34. deepcdsl |Jun 27, 2019 20:28
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Nothing is there to apply in this company...sub broker house Ne already avoid bola that...gmp was fake... inside news...no any qib / hni was interested...anchor application kuch aaye hi nahi...rii lucky that this is already withdraw...
Kuch forum member gmp dekhake kush ho jate hai...kuch to apply karate samay 1 lot apply karte hai..our Baki logo ko apply karate ki Sala dete hai...
33. Dinesh Singh |Jun 27, 2019 15:08
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
The subscription figure of this IPO will be the same as India Mart.
Please ready with cash.
33.1. deepcdsl |Jun 27, 2019 20:07
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Already withdraw...shayad Len den ka chakkar jama nahi... promoter and lm me bich...
32. KING VINOD |Jun 27, 2019 17:23
IPO Guru IPO Guru (1300+ Posts, 2900+ Likes)
K.P.R. AgroChem Ltd IPO withdrawn for unknown reasons. Reason will get know by tomorrow.
31. rahsut |Jun 27, 2019 15:10
as per bseindia, https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=1917&type=IPO&idtype=1&status=F&IPONo=3994&startdt=6/28/2019

As Informed by Company, the said issue of KPR Agro Ltd has been withdrawn with immediate effect.
31.1. MEdge |Jun 27, 2019 15:41
IPO Mentor IPO Mentor (900+ Posts, 1500+ Likes)
we can't expect more from this poor LM
30. GrowYourMoney |Jun 27, 2019 14:57
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Heard KPR IPO withdrawn
29. IPO ANALYSTS ???? |Jun 27, 2019 14:15
I have Internet banking, I can apply in IPO using net banking ASBA after july 1 also (without worrying for UPI id) but the question is can i apply 5 IPO from single net banking?
28. ammubutter |Jun 27, 2019 14:01
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
May be we can expect positive listing.......budget may focus on agri sector......GMP according to ipo watch 5 -6 rs
27. ipoking in |Jun 25, 2019 14:12
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.
27.1. JIG VAS |Jun 27, 2019 13:01
Is this rule notified now? Without Debit Card, its not possible to register UPI PIN. Any one has idea, if we dont have ATM / Debit card, how to register in UPI?
26. KING VINOD |Jun 25, 2019 19:07
IPO Guru IPO Guru (1300+ Posts, 2900+ Likes)
GMP 5 - 6
Kostak 800/-
26.1. vreddy |Jun 27, 2019 11:34
Hi kiNg!

What's your view on kpr agro? It's easy to get allotted it seems as it's 40℅ allocated for RII.

But do you think it's possible to get some listing gains here?
26.2. KING VINOD |Jun 27, 2019 12:12
IPO Guru IPO Guru (1300+ Posts, 2900+ Likes)
Expecting Mostly Positive Listing. Lets wait and see 2 days of subscription numbers and will take a decision last day of IPO Close. Mostly i am going to apply for minimum lots in this KPR Agrochem IPO
25. Niel Sony |Jun 26, 2019 14:48
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.
25.1. JustIPO |Jun 26, 2019 16:08
Which weed dude?
24. amanwa |Jun 26, 2019 03:06
Dear Admin,

Could you please check if the revenue and profit figure given here is correct? I think use of LAKH is incorrect.
24.1. Team Chittorgarh.com |Jun 26, 2019 11:46
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Thank you for your kind feedback. The error is resolved.

Thank you,

Chittorgarh.com Admins

23. Kalpeshraja |Jun 25, 2019 16:16
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.
22. Kalpeshraja |Jun 25, 2019 00:29
Subscribe IPo of KPR AGROCHEM LIMITED as there is application form price rs. 800 -850. I think it will listed rs.100 easily
22.1. Devenblt |Jun 25, 2019 15:15
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Which city this rate
21. MEdge |Jun 25, 2019 12:57
IPO Mentor IPO Mentor (900+ Posts, 1500+ Likes)
poor LM
GOOD to skip.
20. Shekhardesai |Jun 25, 2019 00:56
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
19. MSanghvi |Jun 24, 2019 13:12
Grey Market : 550-600
19.1. KING VINOD |Jun 24, 2019 14:08
IPO Guru IPO Guru (1300+ Posts, 2900+ Likes)
Good Joke







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