KN Agri Resources Limited IPO

KN Agri Resources Limited IPO Review

KN Agri Resources, founded in 1987, is an agro-based company engaged in the business of solvent extraction and oil refining, as well as the trading of various agro-commodities. Customers of KN Agri include agri-commodity dealers, trading houses, export houses, and FMCG firms such as Adani Wilmar Limited, Cargill India, Bunge India, and Ruchi Soya.

Hipro Soya Meal, Soya de-oiled cake (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 are among the processed and produced products offered by KN Agri. The company trades in a variety of agricultural commodities such as maize, gramme, pulses, sugar, soybeans, wheat, and so on. KN Agri has three factories in Madhya Pradesh, two of which are located in Khandwa and Itarsi. Three solvents are present in these plants : extraction facilities, two oil refineries, and one wheat mill.

The company sells its products in about 15 Indian states, with the majority of its income coming from Madhya Pradesh, Gujarat, West Bengal, and Maharashtra. Competitive Advantages 1. Extensive Product Offering 2. An ISO-certified firm that provides constant and standardised product quality. 3. Significant in-house manufacturing capability 4. Manufacturing units should be strategically located.

IPO Opening Date

Mar 15, 2022

IPO Closing Date

Mar 17, 2022

Issue Type

Book Built Issue IPO

Face Value

₹10 per equity share

IPO Price

₹71 to ₹75 per equity share

Market Lot

1600 Shares

Min Order Quantity

1600 Shares

Listing At

NSE SME

Issue Size

6,584,000 Eq Shares of ₹10

(aggregating up to ₹49.38 Cr)

Fresh Issue

6,584,000 Eq Shares of ₹10

(aggregating up to ₹[.] Cr)

Particulars

For the year/period ended (Rs in Lakh)

 

30-Sep-21

31-Mar-21

Total Assets

20,189.43

19,255.07

Total Revenue

59,467.46

130,119.34

Profit After Tax

1,683.92

2,618.93

Particulars

For the year/period ended (Rs in Lakh)

 

31-Mar-20

31-Mar-19

Total Assets

14,835.30

19,466.14

Total Revenue

85,319.66

129,246.84

Profit After Tax

1,320.67

2,140.47

Listing Performance of KN Agri Resources Limited IPO

Listed On : NSE SME

Issue Price : ₹71 to ₹75 per equity share

Listing Day Close :

Listing Day Gain :

NSE : NA

ISIN CODE : NA

BSE : NA

KN Agri Resources Limited
KN Building, Subhash Road,
Ramsagarpara,
Raipur 492001
Phone:
Email: info@kngroup.in
Website: https://knagri.com/

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: knagri.ipo@linkintime.co.in
Website: https://linkintime.co.in/

KN Agri Resources Limited IPO FAQ's

The KN Agri Resources Limited IPO is a BSE SME IPO of ₹71 to ₹75 per equity share with a face value of 10 per equity share. 

The issue size is priced at ₹71 to ₹75 per equity share of (6,584,000 Eq Shares of ₹10 (aggregating up to ₹49.38 Cr). The fresh issue size priced at ₹71 to ₹75 per equity share of 6,584,000 Eq Shares of ₹10(aggregating up to ₹[.] Cr).

The initial public offering (IPO) begins on Mar 15, 2022 and ends on Mar 17, 2022.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.

The KN Agri Resources Limited IPO opens on Mar 15, 2022 and closes on Mar 17, 2022. The IPO Issue date may list on Feb1, 2022.

KN Agri Resources Limited IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

The finalisation of Basis of Allotment for KN Agri Resources Limited IPO will be done on Mar [.], 2022. and the allotted shares will be credited to your demat account by Mar [.], 2022. Check the KN Agri Resources Limited IPO status.

The KN Agri Resources Limited IPO listing date is on Mar [.], 2022.

KN Agri Resources Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

 

KN Agri Resources Limited IPO Comments