IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

KN Agri Resources Ltd

Registered Office : K N Building Subhash Road,Ramsagarpara,Raipur Chattisgarh 492001 Phone : 91-22-43541100
Fax :

Email : info@kngroup.in

Website : www.knagri.com

Initial public offer of 65,84,000* equity shares of face value of Rs. 10 each ("Equity Shares") of KN Agri Resources Limited ("The Company" or "KNARL" or "Issuer") at an issue price of Rs. 75 per equity share for cash, aggregating Rs. 49.38* crores ("Public Issue") out of which 3,32,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 75 per equity share for cash, aggregating Rs. 2.5* crores will be reserved for subscription by the market maker to the issue (The "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 62,51,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 75 per equity share for cash, aggregating Rs. 46.88* crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 26.34% and 25.01 % respectively of the post - issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment. The face value of the equity share is Rs. 10 each. The issue price is 7.5 times with the face value of the equity shares. The anchor investor issue price is Rs. 75 per equity share. Bids can be made foa a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue

Opens On

Closes On

15-Mar-2022

17-Mar-2022

Money Payable On

Application

Allotment

75.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

44.68

49.38

25.00

75.00

Hem Securities Ltd

Projects

To meet Working Capital Requirements

General Corporate Purposes

To meet Working Capital Requirements

General Corporate Purpose

Promoted By

Vijay Shrishrimal

Sanjay Shrishrimal

Dhirendra Shrishrimal

Vijay Shrishrimal

Sanjay Shrishrimal

Dhirendra Shrishrimal

Listing At

NSE - SME

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd

MUFG Intime India Pvt Ltd