KN Agri Resources
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KN Agri Resources's successfully completed its Initial Public Offering and commenced trading on Mar 28, 2022 at the NSE exchange. The company raised 65,84,000 Shares through this public offering, comprising 65,84,000 Shares in fresh capital.
The IPO was priced within the band of ₹71 to ₹75, with minimum application lots of 1600 shares. The offering attracted significant investor interest during its subscription period from Mar 15, 2022 to Mar 17, 2022.
Share allotment was finalized on Mar 23, 2022, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1987, KN Agri Resources is an agro-based company engaged in solvent extraction, oil refining, and trading of a wide range of agro-commodities, serving customers such as agri-commodity dealers, trade houses, export houses, and FMCG companies including Adani Wilmar, Cargill India, Bunge India, and Ruchi Soya. The company offers a diversified product portfolio comprising soya de-oiled cake, HiPro soya meal, soya refined and crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake, while also trading commodities like maize, gram, pulses, sugar, soybean, and wheat. KN Agri operates three plants in Khandwa and Itarsi, Madhya Pradesh, housing three solvent extraction units, two oil refineries, and one flour mill, and markets its products across around 15 Indian states, with major revenues coming from Madhya Pradesh, Gujarat, West Bengal, and Maharashtra.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Range: Offers a broad variety of products to meet different needs.
- ISO Certified Quality: Maintains consistent and standardized product quality.
- In-House Manufacturing: Strong internal production capabilities for better control and efficiency.
- Strategic Plant Locations: Manufacturing units are well-located to support smooth operations and distribution.
NA
- Mr. Vijay Shrishrimal
- Mr. Sanjay Shrishrimal
- Mr. Dhirendra Shrishrimal
- K.N.Resources Private Limited
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