Proventus Agrocom Ltd |
| |
Registered Office:
Unit 515 5th Flr C Wing 1 MTR,Cabin Atrium (V) Mulgaon MV Rd
,
Mumbai
-
400069
,
Maharashtra
, India.
Phone :
+91 22 6211 0900
Fax :
Email : cs@proventusagro.com
Website : www.proventusagro.com |
|
| Initial public offer of up to 9,02,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Proventus Agrocom Limited ("Company" / "Issuer") for cash at a price of (Rs)771 per equity share (including a share premium of (Rs)761 per equityshare) ("Offer Price") aggregating up to (Rs)69.54 crores comprising a fresh issue of up to 6,71,853 equity shares aggregating up to (Rs)51.80 crores by the company ("Fresh Issue") and an offer for sale of up to 2,30,147 equity shares aggregating up to (Rs)17.74 crores ("Offered Shares") by the selling shareholders comprising up to 1,15,145 equity shares aggregating up to (Rs)8.88 crores by Shree JMD Investment Advisors llp, Shalin Sanjiv Khanna and Sanjiv Jagdish Khanna (the "Promoter Selling Shareholder") and upto 1,15,002 equity shares aggregatingup to (Rs)8.87 crores by Guruprasad Rao and Manish Bhagchand Jain huf (collectively "Other Selling Shareholders") (the promoter selling shareholders and the other selling shareholders, collectively referred to as the "Selling Shareholders") ("Offer for Sale", together with the fresh issue, the "Offer"). The offer includes a reservation of up to 45,100 equity shares aggregating up to (Rs)3.48 crores for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.32% and 25.00%, respectively, of the post-offer paidup equity share capital of the company.
The face value of the equity shares is (Rs)10 each and the offer price is 77.1 times of the face value.
|
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 24-May-23 |
26-May-23 |
( )771.00 |
( )771.00 |
( )0.00 |
| Minimum Application for shares in Nos :160 Further Multiples of :160 |
| |
( Cr) |
Lead Managers to the Issue |
| Project Cost |
50.55 |
| Sundae Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
69.54 |
|
| Post Issue Equity Share Capital |
3.43 |
|
| Face Value |
10 |
|
| Issue Price |
( )771.00 |
|
|