Keventer Agro IPO

Keventer Agro is a leading FMCG company headquartered in Kolkata with interests in packaged, dairy, and fresh food products.

The offer includes a fresh issuance for Rs.350 crore and an offer for the sale of up to 10,767,664 equity shares by Mandala Swede SPV, the company's 6.61% shareholder. 15.35 million obligatory convertible preference shares are included in the OFS. A maximum of 9.15 million shares will be issued as a result of this.



Nandan Terry PVT LTD IPO Objectives:

The company's capital expenditure demand would be funded with Rs.110.76 crore.

Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company.

Funding capital expenditure requirements of the Company.

General corporate purposes.



Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

IPO Financials

Particulars Year ended March 31, 2019 Year ended March 31, 2020 Year ended March 31, 2021
Total Revenue from Operations 881.723 945.114 830.201
Gross Profit 269.119 272.474 261.698
Gross Margin 30.52% 28.83% 31.52%
Adjusted EBITDA 63.639 43.550 48.691
Adjusted EBITDA Margin 7.22% 4.61% 5.86%
Net Asset turnover 0.225 0.210 0.184
ROCE – reported (%) 8.82% 2.67% 2.34%
ROCE – without revaluation of land (%) 13.32% 4.00% 3.44%
Adjusted Net debt 151.987 243.945 214.158
Net Working Capital Days 2.803 3.003 2.823

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

Why should you invest in Keventer Agro IPO ?

Here are our top reasons:

  • The Fast-Moving Consumer Goods (FMCG) Industry is currently the fourth largest contributor to the Indian economy. In FY20, the FMCG market in India was estimated at INR 6.75 lakh Cr. expected to reach INR 11.20 lakh Cr. by FY25.
  • Indian food retail remains dominated by unbranded products such as fresh fruits and vegetables, loose staples, fresh unpackaged dairy and meat.

Know before investing

Strengths Risks
One of the leading players in the East and North East of India, across a wide and varied product range that serves a cross section of different customer needs Inadequate or interrupted supply, seasonality and price fluctuation of our raw materials could adversely affect the business
Robust multi-channel distribution platform and use of technology to derive distribution efficiencies Any fall or compromise in the quality of the products being produced will affect the reputation of the company and in turn affect the sales
State-of-the-art manufacturing infrastructure, superior sourcing and stringent quality and food safety procedures Any delay in production at, or shutdown of, any of the third party manufacturing facilities we use, could adversely affect the business

How to apply for Keventer Agro IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Keventer Agro IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • For new investor, we offer free demat account opening offer on our web & Dynami App ensuring a smooth and hassle-free experience for your initial investments.

How to open a Demat & Trading Account?

Demat & Trading Account
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How to open a Demat & Trading Account?

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Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • Keventer Agro Ltd, situated in Kolkata, filed its DRHP with SEBI on August 8, 2021. The offering includes a fresh issuance for Rs.350 crore and an offer for the sale of up to 10,767,664 equity shares by Mandala Swede SPV, the company’s 6.61 per cent shareholder.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.