Happiest Post

Keventer Agro IPO GMP, Keventer IPO Grey Market Premium, Keventer Agro IPO Details

Keventer Agro IPO GMP, Keventer Agro Grey Market Premium Today

Keventer Agro IPO: Keventer Agro IPO GMP ( Keventer Agro Grey Market Premium ), IPO Date, Keventer Agro IPO Review, All important dates, Benifits and Risk. Kventor Agro Limited is about to enter its IPO market. Kventor Agro Ltd. manufactures famous products like "Frooti" and "Appy Fizz". We will update Keventer Agro Limited's Grey Market Premium everyday. Also, all the information related to Keventer Agro IPO like price band, all dates, issue size and retail portion ,etc. Everytihing about Keventer Agro IPO is given below.
Keventer Agro IPO GMP

    Keventer Agro IPO

    The IPO of Keventer Agro Limited will open in December -- and close on -- December 2021. Keventer Agro IPO price band and dates are not officially announced. The company is looking to raise Rs 800 crore through an initial public offering (IPO). Where Approx ₹350 Crores will be from fresh issues and the rest (Approx ₹10,767,664 equity shares) will be under OFS (Offer for Sale). 

    In this IPO, Approx ₹350 Crores worth of shares will be sold through an offer for sale. The IPO of Keventer Agro will be listed on NSE and BSE. The information given is on the basis of DRHP filed by Keventer Agro Limited.

    We will talk about Keventer Agro Limited's financials, benefits, and risks of investing in the company. Also will discuss Tarsons business model and its financials. Read About Go Fashion (Go Colors) IPO.


    What is Keventer Agro IPO GMP Today?
    Keventer Agro IPO GMP is ₹0.


    What is the Keventer Agro IPO Date?
    Keventer Agro IPO Opening date is - December 2021.


    What is Keventer Agro IPO Expected Return?
    Keventer Agro IPO Expected Returns is -%.



    About Keventer Agro

    Keventer Agro Limited was started in the year 1986. Keventer Agro Limited acquired the rights to the services of Edward Keventor. Keventer Agro Limited is majorly in the field of FMCG and Dairy. In 1996, the company became one of the three partners in Metro Dairy, but today, Metro Dairy is a wholly-owned subsidiary of Kventor Agro. "Metro Dairy" is one of the three leading dairy brands in Kolkata.

    The company manufactures, packaging, marketing, distributes a range of products primarily in the Packaged Food and Beverage segment. The company's well-known products include Frooti, Appy Fizz, Bailley, and Smoodh. The Company is licensed under various Franchisee Agreements entered into with Parle Agro Private Limited (Parle Agro). The company undertakes the packaging, marketing, distribution of "ready-to-cook" and frozen food under the brand "Kventer".

    The company also operates in the dairy and fresh segment. The company's Dairy and Fresh segment comprise sourcing, distribution, and sale of milk, sachet curd, set-dahi, ice cream, milkshakes, lassi, and milkshakes under the brands "Metro" and "Keventer".


    Important Links:

    Purpose of the offer 

    • For repayment/prepayment of all/fixed borrowing of the Company.
    • To meet common corporate objectives.

    Keventer Agro GMP Today (Grey Market Premium)

    Keventer Agro GMP: To be Updated.
    DATEGMPKOSTAKSubject to Sauda
    21 December
    20 December
    19 December
    18 December
    17 December
    16 December
    15 December
    14 December
    13 December
    12 December
    11 December
    10 December

    Keventer Agro IPO Date and  Price Band Details

    Keventer Agro IPO open date: December 2021, Closing date: December 2021, and Listing date: December 2021. The price band of Keventer Agro IPO is ₹- to ₹- per share. Keventer Agro IPO issue size is Rs 800 crores. Keventer Agro Ipo retails portion is -%, QIB Portion is -%, and NII Portion -%.

    IPO Open:December2021
    IPO Close:December 2021
    Listing Date:December 2021
    Listing On:NSE & BSE
    IPO Size:Approx ₹800 Crores
    Fresh Issue:Approx ₹350 Crores
    Offer For Sale:Approx 10,767,664 Eq. Shares
    Price Band:₹- to ₹- per share
    Face Value:₹5 / Equity share
    QIB Portion:-%
    Issue Type:Book Build
    Retail Portion:-%

    Keventer Agro IPO Market Lot & Size

    Keventer Agro IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.

    Minimum Lot:01
    Minimum Lot Size:Shares
    Minimum Amount:₹-
    Maximum Lot:13
    Maximum Lot Size:Shares
    Maximum Amount:₹-

    Keventer Agro IPO Allotment & Listing Date

    Ipo Opening Date:December 2021
    IPO Closing Date:December  2021
    Basis of Allotment:December  2021
    Refund Date:December  2021
    Credit to Demat Account:December  2021
    Listing Date:December  2021

    Keventer Agro IPO Review

    HappiestPost Review: To be Updated.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • Yes Securities: To be updated
    • ICICI Securities: To be updated
    • Choice Brokering: To be updated
    • IIFL Securities: To be updated
    • Trade swift: To be updated
    • Axis Securities: To be updated


    Strength

    • Keventor Agro is one of the leading major companies in East and Northeast India that manufactures food and dairy products.
    • The company has a robust multi-channel distribution platform for distribution.
    • The company sells dairy products such as pouch milk, curd, ice cream, milkshakes, etc. under the METRO brand.
    • The company has a strong history of innovating and adding new products to its product portfolio.
    • The company has a license agreement with Parle Agro.
    • The company has vast experience in Frozen Food, FMCG, and Diary.
    • The company has experienced boards and a qualified leadership team.

    Risks

    • The company's operations and business were affected due to the Corona pandemic.
    • The company had a loss of about 76 crores in FY 2021.
    • If the availability of raw materials is interrupted due to weather or other reasons, it may adversely affect the operations of the company.
    • He is under investigation by the Government of India, which is a risk factor for the company.
    • The company has previously been barred from trading on the Calcutta Stock Exchange Ltd., due to certain violations.
    • The Company and their respective promoters are involved in pending legal proceedings which may adversely affect the Company's business in the future.

    Keventer Agro Financials

    Keventer Agro Financials (in Crores)

    YearTotal AssetsRevenueProfit
    2019₹669₹884-₹0.12
    2020729958₹3.42
    2021₹722₹836-₹76.18


    Contact Details of Keventer Agro

    Keventer Agro Ltd.
    34/1 D.H. Road,
    Kolkata 700 027,
    West Bengal, India
    Tel: +91 33 3503 6200
    Email: cs@keventer.com

    Lead Managers

    • Axis Capital Limited
    • ICICI Securities Limited
    • JM Financials Limited

    Keventer Agro IPO Registrars

    Link Intime India Pvt Ltd
    C-101, 1st Floor, 247 Park, L.B. S. Marg
    Vikhroli (West) Mumbai 400 083
    Maharashtra, India
    Tel: +91 22 4918 6200
    E-mail: keventer.ipo@linkintime.co.in

    Conclusion

    On observing the company, we find that there are some good and some bad things in the company. The legal investigation is going on the company and also looking at the company's financials, the company had a loss of about 76 crores in the last financial year 2021. If the grey market premium of the company is 30% or more, then you should go for listing gains. If you want to invest in the long term then you should do more research.

    Check Keventer Agro IPO allotment Status and Subscriptions Number.

    Keventer Agro IPO FAQs

    What is Keventer Agro IPO GMP Today?
    Keventer Agro IPO GMP is ₹0 as of today.

    What is the Keventer Agro IPO Opening Date?
    Keventer Agro IPO Opening date is December 2021.

    What is the Keventer Agro IPO Closing Date?
    Keventer Agro IPO Closing date is December 2021.

    What is the Keventer Agro IPO Listing Date?
    Keventer Agro IPO Date is December 2021.

    What is Keventer Agro IPO Kostak Rate?
    Keventer Agro IPO Kostak rate is ₹0.

    What is Keventer Agro IPO Expected Returns?
    Keventer Agro IPO Expected Returns is -%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Keventer Agro Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Keventer Agro Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.

    Disclaimer

    1. We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
    2. Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
    3. Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.

    We hope you like this article about Keventer Agro Limited IPO. If you have any a query about Keventer Agro IPO Please post a comment, we will reply as soon as possible. 

    Thanks For Visiting & Happy Investing.

    May your investment journey be a Happy one.

    Happiest Post.


    Post a Comment

    1 Comments

    1. Anonymous11:50 AM

      When coming Keventer Agro IPO?

      ReplyDelete

    We are waiting for your comments. 💙