IPO Issue Details
Issue Price / Price Band₹22 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size58,80,000 shares (aggregating up to ₹12.94 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 27 Oct 2016
Subscription CloseMon, 07 Nov 2016
Anchor AllotmentWed, 26 Oct 2016
Basis of AllotmentSun, 13 Nov 2016
Initiation of RefundsMon, 14 Nov 2016
Credit of Shares to DematMon, 14 Nov 2016
Listing DateWed, 16 Nov 2016
UPI Mandate Deadline2016-11-07
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 6,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 12,000 shares
Net Offer to Public55,68,000 shares (aggregating up to ₹12.25 Cr)
Reserved for Market Maker3,12,000 shares (aggregating up to ₹0.6864 Cr)
Pre-IPO Promoter Holding1,43,94,115 shares
Post-IPO Promoter Holding2,02,74,115 shares
About Agro Phos India Ltd.
Incorporated in 2002, Agro Phos India Ltd is engaged in the manufacturing of fertilisers such as Single Super Phosphate (SSP), Nitrogen Phosphate and Potassium (NPK), Zinc Sulphate, Organic manure and Calcium Sulphate commonly known as a soil conditioner or gypsum. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Company manufacturing facilities are located at Dewas and Meghnagar, Madhya Pradesh and are well equipped with required facilities including machinery, crane, conveyor belt, other handling equipment to facilitate the smooth manufacturing process and easy logistics.
Objects of the Issue
Agro Phos India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
4.00
2
2 Working Capital Requirements
5.79
3
3 General Corporate Purposes
2.15
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,43,94,115 shares
Post-IPO Promoter Holding
2,02,74,115 shares