KN Agri Resources Ltd IPO |
Registered Office:
K N Building Subhash Road,Ramsagarpara
,
Raipur
-
492001
,
Chattisgarh
, India.
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 |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
15-Mar-22 |
17-Mar-22 |
(Rs)75.00-0.00 |
(Rs)0.00-0.00 |
Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
|
(Rs Cr) |
Lead Managers to the Issue |
Project Cost |
44.68 |
|
Project Financed through Current Offer |
49.38 |
|
Post Issue Equity Share Capital |
25.00 |
|
Issue Price |
(Rs)75.00 |
|
|