Godrej Agrovet IPO Allotment Status

Check Godrej IPO Status

You know Godrej Agrovet IPO allotment status is announce today or tomorrow. So want to know allotment status of Godrej IPO? Here we shared all the information on the Godrej Agrovet IPO.

Godrej Agrovet ipo

How to Check Godrej IPO Status

  • First of all go to the official website or visit here
  • Then select Godrej IPO
  • After that enter your Application number or PAN number
  • Finally you can see Godrej Agrovet IPO Allotment Status

Godrej Agrovet IPO Details

IPO Open Date: 4th October, 2017

IPO Close Date:  6th October, 2017

IPO Allotment Date: 10th October 2017

Minimum Amount: 14720 per 1 lot

Face Value: Rs.10 per share

Godrej Agrovet IPO Price: Rs. 450 to 460 per share

Listing: On both NSE & BSE

Godrej Agrovet IPO Information

An investment in Equity Shares of Godrej Agrovet IPO involves a high degree of risk. You should carefully consider all the information in this Draft Red Herring Prospectus, including the risks of Godrej Agrovet IPO and uncertainties described below, before making an investment in company Equity Shares.

The risks described below are not the only ones relevant to us or Equity Shares of Godrej Agrovet IPO, the industry and segments in which we currently operate or propose to operate. Additional risks and uncertainties, not presently known to us or that Company currently deem immaterial may also impair our businesses, results of operations, financial condition and cash flows. If any of the following risks, or other risks that are not currently known or are currently deemed immaterial, actually occur, our businesses, results of operations, financial condition and cash flows could suffer, the trading price of our Equity Shares could decline, and you may lose all or part of your investment.

Check Also: Matrimony IPO status online

To obtain a complete understanding of our Company, prospective investors should read this section in conjunction. In making an investment decision, prospective investors must rely on their own examination of us and the terms of the Godrej Agrovet IPO Issue including the merits and risks involved. You should consult your tax, financial and legal advisers about the particular consequences to you of an investment in our Equity Shares.

Book Building Procedure
The Godrej Agrovet IPO allotment status Issue is being made through the Book Building Process wherein not more than 50% of the Net Issue shall be Allotted to QIBs on a proportionate basis, provided that our Company, in consultation with the BRLMs, may allocate up to 60% of the QIB Category to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations, of which onethird
shall be reserved for domestic Mutual Funds, subject to valid Bids being received from them at or above the Anchor Investor Issue Price.

5% of the QIB Category (excluding the Anchor Investor Category) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Category shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15% of the Net Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35% of the Net Issue shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Issue Price.

About Godrej Agrovet Company

The Indian Economy
India has the fourth largest economy in the world by purchasing power parity (Source:
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html). Against a background of global instability, India registered a growth of 7.6% during the financial year 2016, becoming the fastest growing major economy in the world.

During the same period, macroeconomic parameters such as inflation, fiscal deficit and current account balance all exhibited signs of improvement. The financial year 2016 has also witnessed the launch of several government programs and initiatives designed to boost manufacturing, industrial growth, foreign direct investment and ease of doing business. At the sectoral level, growth of agriculture and allied sectors improved significantly in the financial year 2017, following the normal monsoon in the current year. Favorable weather and moisture conditions suggest an increase in production of wheat and pulses. The growth rate for agriculture and allied sectors is estimated to be 4.1% for the financial year 2017. (Source: Economic Survey 2015-16, available at indiabudget.nic.in).

Animal Feed
Current market size of global animal feed
In terms of sales volume, the size of the compound animal feed industry has been estimated to be approximately 1 billion million tons (“MT”) in the calendar year 2015. In terms of sales value, the feed industry has been valued at an estimated $400 billion as of the calendar year 2015. In the calendar year 2015, China was the largest producer of animal feed, contributing 19% of sales volume, followed by the United States of America at 17% and the European Union at 16%. Of the total one
billion tons of animal feed produced globally, poultry feed accounts for the largest share at 45%, followed by the pig feed segment at 26% and cattle and other ruminants at 20%. Aquaculture, which includes shrimp and fish feed, accounts for 4%, while others account for approximately 5%.

Overview of the animal compound feed industry in India

CRISIL Research estimates the animal compound feed industry in India to be valued at approximately ₹ 715 to ₹ 725 billion as of the financial year 2017. In terms of sales volume, India is one of the largest global producer of animal feed with an annual production of between 25 million MT and 27 million MT. Going forward, the industry is expected to grow at a CAGR of 13% to 14%, reaching a market size of between ₹ 1,060 and ₹ 1,070 billion by the financial year 2020. Among the three
segments, aqua feed is expected to grow the fastest at a CAGR of between 15% and 16%, followed by poultry feed at a CAGR of between 14% to 15% and cattle feed at a CAGR of between 10% to 11% by the financial year 2020.

Godrej Agrovet Company Financial Sheet

Past some year financial sheets of Godrej Agrovet IPO are below. So you could analyse it and after that invest in Godrej Agrovet IPO allotment status.

Particulars March,31,2014 March,31,2015 March,31,2016 March,31,2017
Asset 15758.55 17526.17 31229.25 32144.33
Revenue 31174.14 33254.88 38176.69 49832.98
PBT 2071.31 2705.72 3364.10 3726.76
Profit 1565.14 2100.45 2609.75 2735.30

Promoters of Godrej Agrovet IPO

GODREJ INDUSTRIES LIMITED,

NADIR B. GODREJ AND ADI B. GODREJ

Godrej Agrovet IPO Lead Managers

Credit Suisse Securities (India) Private Limited
10th Floor, Ceejay House, Plot F
Shivsagar Estate, Dr. Annie Besant Road,
Worli, Mumbai 400 018
Tel: (91 22) 6777 3885
Fax: (91 22) 6777 3820
E-mail: list.godrejagrovetipo@credit-suisse.com
Investor grievance e-mail:
list.igcellmerbnkg@creditsuisse.com
Website: https://www.credit-suisse.com/in/en/investmentbanking/regional-presence/asia-pacific/india/ipo.html
Contact Person: Abhay Agarwal
SEBI registration no.: INM000011161

Axis Capital Limited
1st Floor, Axis House
C-2, Wadia International Centre
Pandurang Budhkar Marg, Worli
Mumbai 400 025
Tel: (91 22) 4325 2183
Fax: (91 22) 4325 3000
E-mail: godrej.agrovet@axiscap.in
Investor grievance e-mail: complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Ankit Bhatia
SEBI registration no.: INM000012029

Kotak Mahindra Capital Company Limited
1st Floor, 27 BKC, Plot No. 27
“G” Block, Bandra Kurla Complex
Bandra (East)
Mumbai 400 051
Tel: (91 22) 4336 0000
Fax: (91 22) 6713 2447
E-mail: gavl.ipo@kotak.com
Investor grievance e-mail: kmccredressal@kotak.com
Website: www.investmentbank.kotak.com
Contact Person: Ganesh Rane
SEBI registration no.: INM000008704

Registrar of Godrej Agrovet IPO

Karvy Computershare Private Limited
Karvy Selenium, Tower B
Plot number 31 & 32 Gachibowli
Financial District, Nanakramguda
Hyderabad 500 032
Tel: (91 40) 6716 2222
Fax: (91 40) 2343 1551
E-mail: godrej.agrovet@karvy.com
Investor grievance e-mail: einward.ris@karvy.com
Website: https://karisma.karvy.com
Contact Person: M Murali Krishna
SEBI registration no.: INR000000221

Conclusion of Godrej Agrovet IPO Allotment Status

You can check Godrej Agrovet ipo allotment status in this article. Although if you have any query then you can write your problem or query in the below comment box.

 

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