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Proventus Agrocom Ltd
Proventus Agrocom Ltd
Registered Office : Unit 515 5th Flr C Wing 1 MTR,Cabin Atrium (V) Mulgaon MV Rd,Mumbai Maharashtra 400069 Phone : +91 22 6211 0900
Fax :
Email : cs@proventusagro.com
Website : www.proventusagro.com
Intial public offer of up to 9,02,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Proventus Agrocom Limited ("Company" / "Issuer") for cash at a price of Rs. 771 per equity share (including a share premium of Rs. 761 per equity share) ("Offer Price") aggregating up to Rs. 69.54 crores comprising a fresh issue of up to 6,71,853 equity shares aggregating up to Rs. 51.80 crores by the company ("Fresh Issue") and an offer for sale of up to 2,30,147 equity shares aggregating up to Rs. 17.74 crores ("Offered Shares") by the selling shareholders comprising up to 1,15,145 equity shares aggregating up to Rs. 8.88 crores by Shree Jmd Investment Advisors llp, Shalin Sanjiv Khanna and Sanjiv Jagdish Khanna (the "Promoter Selling Shareholder") and upto 1,15,002 equity shares aggregatingup to Rs. 8.87 crores by Guruprasad Rao and Manish Bhagchand Jain huf (collectively "Other Selling Shareholders") (the promoter selling shareholders and the other selling shareholders, collectively referred to as the "Selling Shareholders") ("Offer for Sale", together with the fresh issue, the "Offer"). The offer includes a reservation of up to 45,100 equity shares aggregating up to Rs. 3.48 crores for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 26.32% and 25.00%, respectively, of the post-offer paidup equity share capital of the company.
Opens On
Closes On
24-May-2023
26-May-2023
Application
Allotment
771.00
0.00
Minimum Application for shares in Nos : 160.0 Further Multiples of : 160.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
50.55
69.54
3.43
771.00
Sundae Capital Advisors Pvt Ltd
- Funding working capital requirements of the company
- Funding working capital requirements of the company material
- General corporate purposes
- Durga Prasad Jhawar
- Deepak Kumar Agrawal
- shalin Sanjiv Khanna
- NSE - SME
- Bigshare Services Pvt Ltd
- Bigshare Services Pvt Ltd