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Raghuvansh Agrofarms Ltd IPO (Raghuvansh Agrofarms IPO) Detail

January 9, 2015 - January 13, 2015

Raghuvansh Agrofarms IPO is a fixed price issue of Rs 3.96 crores.

Raghuvansh Agrofarms IPO bidding started from January 9, 2015 and ended on January 13, 2015. The shares got listed on BSE SME on January 28, 2015.

Raghuvansh Agrofarms IPO price is ₹11 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹110,000.

Sobhagya Capital Options Ltd is the book running lead manager of the Raghuvansh Agrofarms IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to Raghuvansh Agrofarms IPO RHP for detailed information.

Raghuvansh Agrofarms IPO Details

IPO Date January 9, 2015 to January 13, 2015
Listing Date January 28, 2015
Face Value ₹10 per share
Price ₹11 per share
Lot Size 10000 Shares
Total Issue Size3,600,000 shares
(aggregating up to ₹3.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue8,317,550
Share holding post issue11,917,550

Raghuvansh Agrofarms IPO Lot Size

Investors can bid for a minimum of 10000 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 10000 ₹110,000
Retail (Max) 1 10000 ₹110,000
Lot Size Calculator

Raghuvansh Agrofarms IPO Promoter Holding

The following are the promoters of the Company:

1. Mr. Subodh Agarwal,
2. Litmus Investments Ltd; and
3. Model Kings Safetywear Ltd

Share Holding Pre Issue 25.43%
Share Holding Post Issue 21.11%

About Raghuvansh Agrofarms Ltd

Incorporated in 2013, Raghuvansh Agrofarms Ltd is engaged in cultivation of Organic Vegetables, Organic Grains and Cereals. They have an integrated facility for cultivation, processing and distribution of agricultural produce. Company is also in the business of dairy farming and production and distribution of dairy products.

RAL owns cultivable lands and cattle stock, have consultancy liaisons with researchers, and possess vast experience in Indian business environment. The company offer financial, technical, strategic assistance in the agricultural and dairy business areas to establish profitable enterprises.

The Company is planning to set up a 3 MCi commercial radiation processing facility for approved low and medium dose items such wheat, atta, Soya bean and spices such as Coriander, Chilies etc.

Key Performance Indicator

Objects of the Issue (Raghuvansh Agrofarms IPO Objectives)

The object of the issue are to:

1. Construction of 1000 M3 capacity of Bio-Gas Plant for Power Generation;
2. Investment in subsidiary companies, Sanjeevani Fertilizers and Chemicals Private Ltd and Kanpur Organics Private Ltd; and
3. To raise funds for General Corporate Purposes.

Raghuvansh Agrofarms IPO Review (Avoid)

[Dilip Davda]  


Remark: Considering the entry barrier and poor preference from broking community, this high P/E IPO is not worth.

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Raghuvansh Agrofarms IPO Prospectus

Raghuvansh Agrofarms IPO Rating

Rating:Rated 1.7 stars
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Raghuvansh Agrofarms IPO Listing Details

Listing Date January 28, 2015
BSE Script Code 538921
NSE Symbol
ISIN INE865P01016
Final Issue Price ₹11 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Raghuvansh Agrofarms Ltd Contact Details

Raghuvansh Agrofarms Ltd
201-202, Namdhari Chambers,
Karol Bagh,
New Delhi, 110005
Phone: +91-11-23634461

Raghuvansh Agrofarms IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Raghuvansh Agrofarms IPO - Buy or Not

Raghuvansh Agrofarms IPO Recommendation Summary

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Members 0 0 0

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Raghuvansh Agrofarms IPO FAQs

Raghuvansh Agrofarms IPO is a SME IPO of 3,600,000 equity shares of the face value of ₹10 aggregating up to ₹3.96 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000 Shares.

The IPO opens on January 9, 2015, and closes on January 13, 2015.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Raghuvansh Agrofarms IPO opens on January 9, 2015 and closes on January 13, 2015.

Raghuvansh Agrofarms IPO lot size is 10000 Shares, and the minimum amount required is ₹110,000.

You can apply in Raghuvansh Agrofarms 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 Raghuvansh Agrofarms IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Raghuvansh Agrofarms IPO allotment status.

The Raghuvansh Agrofarms IPO listing date is on January 28, 2015.
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Raghuvansh Agrofarms IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



3. nivesh j |   Link |  Bookmark |January 31, 2015 6:45:48 PM
How can we apply in these issues
3.1. DURAISWAMY |   Link |  Bookmark |April 27, 2015 11:36:47 PM
Apply online
2. ABHISHEK SABARMATI |   Link |  Bookmark |January 12, 2015 1:23:24 PM
company ka leadmanager he ke nahi
1. Nasirul Choudhury |   Link |  Bookmark |January 10, 2015 12:43:05 PM (400+ Posts)
Strict no no. Highly overvalued and unlikely to make a lot of money.