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    1. 1443442
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  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
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  • BSE SENSEX
    1. 1443442
    2. -1000.56
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  • Last Update:09 Nov,2017
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    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
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Godrej Agrovet Limited April 10, 2015 (12:00)

Issue Period
Oct 04 , 2017 - Oct 06, 2017

Price Band
Rs.450 – Rs.460 per Equity Share

It is a diversified, research and development focused agri-business company with operations across five business verticals -animal feed, crop protection, oil palm, dairy, and poultry and processed foods. It was the leading compound animal feed company in India, on the basis of installed capacity for the financial year 2016.

Pan-India distribution network for animal feed products includes approximately 4,000 distributors, as of March 31, 2017. Its 50:50 joint venture, ACI Godrej, was incorporated in 2004 and produces cattle, poultry and fish feed in Bangladesh.

INVEST NOW

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Godrej Agrovet Limited IPO - Issue Details:

Issuer Godrej Agrovet Limited. (View Report)
Issue Type 100% Book Built Issue IPO
Issue Period Issue Opens: Oct 04, 2017
Issue Closes: Oct 06, 2017
Price Brand Rs.450 – Rs.460 per Equity Share
Issue Size(Rs.) Fresh Issue of Equity Shares aggregating up to Rs.291.51 Cr + Offer For Sale of Equity shares aggregating upto Rs.300 Cr and Offer for sale of upto 12,300,000 Equity shares.
Face Value Rs.10 per Equity Share
Minimum Order Quantity Retail: 32 Shares and in multiples thereof
QIB* 50% of the issue size (12,362,090^ -12,500,136~ Shares) (Rs.562.51~Cr -Rs.568.66^ Cr)
NIB 15% of the issue size(3,708,628^ -3,750,042~ Shares) (Rs.168.75~Cr -Rs.170.60^ Cr)
Retail Individual Bidders 35% of the issue size (8,653,464^ -8,750,096~ Shares) (Rs.393.75~Cr - Rs.398.06^ Cr)
Registrar Karvy Computershare Pvt Limited
Listing NSE & BSE
Book Running Lead Managers Kotak Investment Banking, Axis Capital, Credit Suisse
~ Lower Price Band and ^Upper Price Band

Objects of the IPO:

  • The objects of the Offer are to achieve the benefits of listing Equity Shares on the Stock Exchanges and to carry out the Fresh issue of Rs. 219.512 crores and an offer for sale of Rs. 300 crores by Godrej Industries and 1,23,00,000 equity shares by V.Sciences Investments (Temasek).
  • General corporate purposes

Key Strategies:

  • The primary elements of the business strategy are to continue to grow existing businesses, leverage synergies between businesses and opportunistically evaluate inorganic opportunities. It has specific growth strategies for each of the business verticals i.e. Animal Feed Business, Crop Protection Business, Oil Palm Business, Dairy Business
  • Continue to Grow Overall Market Share by Leveraging Presence in Existing Business Verticals
  • Inorganically Grow Business Offerings

Public issue of 2,47,24,182 equity sharesof Rs. 10/-each (“equity shares”) of Godrej Agrovet Limited (Company or Issuer).


  • News

    • +MARKET COMMENTARY
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
    • +CORPORATE ANNOUNCEMENTS
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
    • +OTHER NEWS
      1. Market drifts higher in early trade
      2. Market may open on a flat note
      3. Select shares in spotlight on MSCI index rejig
      4. Market tumbles on broad-based selling pressure
      5. Market drops sharply ahead of Q2 GDP data
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