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 |
Checkout the List of Upcoming IPO
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 |
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 | ||
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How to apply for Keventer Agro IPO ?
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Frequently Asked Questions
What is an IPO ?
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.
What is Keventer Agro's IPO?
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.
What is a lot size?
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.
What is an IPO price band?
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.
What is issue size in an IPO?
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.
Where can one check IPO allotment status?
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.
How are IPO investments taxed?
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.