Issue Price
₹75
Per Share
GMP
NIL
Grey Market
Est. Listing
₹75
Expected Price
Min. Application
₹240,000
2 lots × 1600 shares
Incorporated in 1987, KN Agri Resources is an agro-based company, involved in the business of solvent extraction & oil refining and trading of various agro-commodities.KN Agri customers include agri-commodities dealers, trade houses, export houses, and FMCG Companies such as Adani Wilmar Limited, Cargill India, Bunge India, and Ruchi Soya.KN Agri offers a wide range of processed and manufactured products including soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Company trade in various agro commodities such as maize, gram, pulses, sugar, soybean, wheat, etc.KN Agri has three plants located in Khandwa and Itarsi in Madhya Pradesh. These plants include three solvent extraction plants, two oil refineries, and one flour mill.Company market its products to around 15 states in India of which the majority portion of the revenue comes from the state of Madhya Pradesh, Gujarat, West Bengal, and Maharashtra.Competitive StrengthsWide Range of ProductsISO certified company with consistent and standardized product qualityHuge in-house manufacturing capabilitiesStrategic location of manufacturing units
KN Agri Resources Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 332,800 | — | ₹2.50 Cr | — |
| TOTAL | 6,584,000 | 100.00% | ₹49.38 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| sNII (Min) | 14 | 22,400 | ₹1,680,000 |
| bNII (Min) | 68 | 108,800 | ₹8,160,000 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 59467.46 | 130119.34 | 85319.66 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1683.92 | 2618.93 | 1320.67 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 20189.43 | 19255.07 | 14835.30 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |