What is the issue size of Proventus Agrocom IPO?

The issue size of the Proventus Agrocom Tools IPO is Rs 69.54 cr

What is 'pre-apply' for Proventus Agrocom IPO?

Pre-apply will alow you to apply for the Proventus Agrocom IPO 2 days before the subscription period starts.

If I pre-apply for Proventus Agrocom IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Proventus Agrocom IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Proventus Agrocom IPO order is placed?

We will notify you when your Proventus Agrocom IPO order is placed with the exchange.

What are the open and close dates of the for Proventus Agrocom IPO?

Proventus Agrocom IPO will be open between May 24 - May 26, 2023.

What is the lot size and minimum order quantity of the Proventus Agrocom IPO?

The Proventus Agrocom Limited IPO lot size is 160 shares.

What are the allotment dates for the Proventus Agrocom IPO?

Proventus Agrocom IPO allotment date is May 31, 2023. For Proventus Agrocom IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Proventus Agrocom IPO?

Proventus Agrocom IPO registrar is Bigshare Services Pvt Ltd. You can check Proventus Agrocom IPO allotment status on the website of the registrar.

Where is the Proventus Agrocom IPO getting listed?

The shares are proposed to be listed on NSE SME.

Proventus Agrocom SME IPO

Proventus Agrocom Limited

₹1,23,360 /160 sharesMinimum Investment

Proventus Agrocom SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
--₹771.00₹862.00₹91.00 (11.80%)
Proventus Agrocom SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
24 May ‘23 - 26 May ‘23₹1,23,360160₹771 - ₹771
Issue SizeIPO Doc
69.54CrRHP PDF
About Proventus Agrocom SMEProventus Agrocom is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds and berries and healthy snacking products. Their aim is to be a ‘one-stop shop’ for its consumers.
The motto of Proventus is to create expertise in healthy food products and build the revenue stream by moving across the value chain from origination to distribution and creating an integrated business model - from “farm to homes”.
;
Parent Organisation
Proventus Agrocom Limited
Founded
2015
Managing Director
Durga Prasad Jhawar
Strengths & Risks
Diversified product portfolio
Arrangement with reputed chain stores and growing e-commerce channel
The company imports from 8 countries across the globe and has relationships with more than 45 growers and /or suppliers.
The company uses dry fruits broken and shells and skins of the raw material to derive maximum value realization.
Industry growth driven by a rapid shift towards healthy lifestyle and hygienic food snacking trends.
Experienced promoters with experience of around 20 years.
Any actual or alleged contamination or deterioration of products could result in legal liability or damage of the company’s reputation
The company faces intense competition which may lead to a reduction in their market share and may cause them to increase expenditure on marketing and promotion.
Emergence of hypermarkets and supermarkets may adversely affect their pricing ability.
The company’s top 5 customers contribute a significant portion of its revenue. Loss of any of these customers could impact the earnings. 
The company, its subsidiaries, its directors and its promoters are currently engaged in certain litigation and claims. 
As of February 28, 2023, the company had total borrowings of Rs 35.61 cr on consolidated basis.
Experienced negative cash flows from operating, investing and financing activities in the past.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹771 - 771₹2 Lakh
High Networth Individual₹771 - 771₹2 - 5 Lakh
For Proventus Agrocom SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
--	₹771.00	₹862.00	₹91.00 (11.80%)

Bidding Dates	Min. Investment	Lot Size	Price Range
24 May ‘23 - 26 May ‘23	₹1,23,360	160	₹771 - ₹771

Issue Size	IPO Doc
69.54Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹771 - 771	₹2 Lakh
High Networth Individual	₹771 - 771	₹2 - 5 Lakh

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