|
|
|
Issue Open Date
|
NA
|
|
|
|
Issue Closing Date
|
NA
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
|
|
|
Price Band
|
59
-
61
|
|
|
|
Minimium Application No.
|
200
|
|
|
|
Issue Size (Shares)
|
46426229
|
|
|
|
Market Lot
|
1
|
|
|
|
|
|
|
Objective
|
|
1. Repayment/prepayment, in full or part, of certain borrowings availed by our Company; 2. To meet additional working capital requirement of our Company; 3. General corporate purposes
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
|
|
|
|
Qualified Institutional Buyers
|
|
|
|
|
Retail Individual Investors
|
|
|
|
|
|
|
|
Business Description:
We are an agri-input Company focused on manufacturing, distribution and retailing of a wide range of crop yieldenhancing and protection products. Our product portfolio includes crop protection, crop nutrients, seeds,veterinary feed supplements. Further, in order to secure supply of sulphuric acid, one of our key ingredients, wealso ventured into manufacturing of sulphuric acid. We produce sulphuric acid as well as other sulphuric acidbased chemicals like LABSA and oleum that have wider applications across industries like agrochemicals,veterinary feed supplements, pharmaceuticals, synthetic detergents etc. Our range of product encompassesproducts across the agri-value chain viz., from seeds to crop nutrients products to crop protection products andalso veterinary feed supplements.Majority of our sales is from branded products like “FAST” “MOTOX 10G” “MEGA SAMRAT” and “MEGAIMIDA” brands for crop protection; “AJAY” for NPK mixture crop nutrient products; “ANNADATA” for singlesuper phosphate; “ABHAYA” for di-calcium phosphate and “APURVA” for seeds. To ensure timely supply andavailability of our products as well as achieve last mile connectivity with the farmers, we have set-up companyoperated depots at 14 locations across India that are established based on the agricultural belts and / or havingconnectivity ease with our dealer network. Our products are distributed from our depots / manufacturing locationbased warehouses to a network of approximately 8,000 dealers spread across various states in India. Further, ourCompany has also set-up a chain of company operated retail outlets known as Kisan Seva Kendras in the East andWest Godavari and Krishna districts of Andhra Pradesh, Warangal district of Telangana and Koppal district ofKarnataka where our primary manufacturing operations are conducted as a channel of direct sales to our endcustomers.Our Company is a part of K.P.R. group based out of East Godavari district of Andhra Pradesh. The group hasinterests in agri-inputs, chemicals, rice mills and poultries. One of our Promoter, Rajasekhar Reddy Kovvuri alongwith other partners entered into business of agrochemicals and fertilisers through a partnership firm M/s. MegaChemicals and Fertilisers on January 17, 2000. Pursuant to a Partnership Deed – Change in Constitution datedMarch 1, 2003, our Promoters Venkata Mukunda Reddy Karri and Papa Reddy Kovvuri also became partnersamongst other partners of M/s. Mega Chemicals and Fertilisers. Post incorporation of our Company in the year2007, the assets and liabilities of M/s. Mega Chemicals & Fertilisers were transferred to our Company.
|
|
|
Promoter's Holding
|
|
|
|
Total Share Capital
|
61547480
|
|
|
|
Offered to Public
|
|
|
|
|
Promoter's Holding (Pre-Issue)
|
72.02
|
|
|
|
Promoter's Holding (Post-Issue)
|
|
|
|
|
|
|
|
|
|
|
|
|
Address |
8-256
Tata Nagar
Balabhadrapuram
East Godavari Dist
,
Andhra Pradesh
,
533343
Phone :
08857 237477/367
Email :
acts_seeds@kprgroup.in/ipo@kprgroup.net
Website :
www.kpragrochem.com
|
|
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
|
|
|
|
Listed at |
|
BSE, NSE
|
|
|
|
Lead Manager |
|
PL Capital Markets Pvt Ltd
|
|
|
|
Promoters |
Cresco Technology LLP
Papa Reddy Kovvuri
Rajasekhar Reddy Kovvuri
Venkata Mukunda Reddy Karri
|
|
