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KN Agri Resources Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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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
Hem Securities Ltd
Project Financed through Current Offer 49.38  
Post Issue Equity Share Capital 25.00  
Issue Price (Rs)75.00  
 
Projects
To meet Working Capital RequirementsTo meet Working Capital Requirements
General Corporate PurposesGeneral 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