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Proventus Agrocom Limited IPO

Proventus Agrocom Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 821.00 (+6.49%)

Proventus Agrocom Limited's successfully completed its Initial Public Offering and commenced trading on 05-06-2023 at the NSE exchange. The company raised 9,01,920 Shares through this public offering, comprising 6,71,773 Shares in fresh capital and ₹17.74 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹771 to ₹771, with minimum application lots of 160 shares. The offering attracted significant investor interest during its subscription period from 24-05-2023 to 26-05-2023.

Share allotment was finalized on 01-06-2023, 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.

Proventus Agrocom IPO Details
Lot(s) Distribution

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.

IPO Reservation
Proventus Agrocom IPO Key Performance Indicator
Company Financials ( In Lakhs )

Proventus Agrocom IPO About Company

Incorporated in 2015, Proventus Agrochem Limited is an integrated health food brand offering a wide range of dry fruits, nuts, seeds, berries, and healthy snacking products. Operating with a “farm to homes” business model, the company aims to create expertise across the value chain, from origination to distribution, filling the gap in India’s healthy snacking segment. Its products are marketed under the brand “ProV” and include almonds, pistachios, cashews, walnuts, raisins, and other nuts, dry fruits, seeds, and berries. The company also operates through its subsidiaries, Prov Foods Private Limited and Proventus Retail Private Limited.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Proventus Agrocom IPO Strength Factors

NA


Proventus Agrocom IPO Risk Factors

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Proventus Agrocom IPO Lead Manager(s)

  • Sundae Capital Advisors

Proventus Agrocom IPO Promoter(s)

  1. Durga Prasad Jhawar
  2. Deepak Kumar Agrawal
  3. Shalin Sanjiv Khanna
  4. Shree JMD Investment Advisors LLP

Proventus Agrocom IPO Company Details

Proventus Agrocom Limited
Phone:
address:

Proventus Agrocom IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Proventus Agrocom IPO FAQs