Apply IPO

Lets Talk About Applying IPO's Before investing.

Godrej Agrovet Ltd IPO (GAL IPO) Details

Godrej Agrovet Ltd IPO (GAL IPO) Details:

Godrej Agrovet Ltd, an agri-business company, provides products and services that enhance crop and livestock yields. The company offers animal feed, such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services.

It also engages in the oil palm cultivation with approximately 61,700 hectares of plantations across Andhra Pradesh, Telangana, Tamil Nadu, Goa, Maharashtra, and Mizora producing curde palm oil, crude palm kernel oil, and palm kernel cake.

In addition, the company produces and markets plant growth regulators and bio-stimulants under the Vipul, Double, and Combine brands in India, as well as exports to the United States, Kenya, and Mauritius; herbicide; insecticides; fungicides; and soil conditioners and organic manures.

Further, it manufactures and markets poultry and meat products under the Real Good Chicken brand; vegetarian and non-vegetarian ready-to-cook products under the Real Good Yummiez name; and processes and sells milk and milk-based products under the Jersey brand. Additionally, the company produces agrochemical active ingredients, intermediates, and pharmaceutical intermediates, as well as offers off-patented chemistries to domestic agrochemical marketers and also for exports to the United States, Europe, West Asia, South East Asia, and Latin America.

The company was incorporated in 1991 and is based in Mumbai, India. Godrej Agrovet Ltd is a subsidiary of Godrej Industries Ltd.

OBJECTS OF THE ISSUE:

Offer for Sale:

Company will not receive any proceeds from the Offer for Sale.

Fresh Issue:

Company proposes to utilise the Net Proceeds from the Fresh Issue towards:

  1. Repayment or prepayment of working capital facilities availed by Company;
  2. Repayment of commercial papers issued by Company;
  3. General corporate purposes, subject to the applicable laws.

Godrej Agrovet Ltd IPO (GAL IPO) Details:

  1. Issue Open: Oct 04, 2017 – Oct 06, 2017
  2. Issue Type: Book Built Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: * Equity Shares of Rs 10 aggregating up to Rs * Cr
  5. Issue Price: Rs 450 – Rs 460 Per Equity Share
  6. Market Lot: 32 Equity Shares
  7. Minimum Order Quantity: 32 Equity Shares
  8. Listing At: BSE, NSE

* To Be Updated

BOOK RUNNING LEAD MANAGERS Of Godrej Agrovet Ltd IPO (GAL IPO):

Kotak Mahindra Capital Company Limited
1st Floor, 27 BKC, Plot No. 27
“G” Block, Bandra Kurla Complex
Bandra (East), Mumbai 400 051
Tel: (91 22) 4336 0000  Fax: (91 22) 6713 2447
E-mail: gavl.ipo@kotak.com
Investor grievance e-mail: kmccredressal@kotak.com

Axis Capital Limited
1st Floor, Axis House
C-2, Wadia International Centre
Pandurang Budhkar Marg, Worli
Mumbai 400 025
Tel: (91 22) 4325 2183  Fax: (91 22) 4325 3000
E-mail: godrej.agrovet@axiscap.in
Investor grievance e-mail: complaints@axiscap.in

Credit Suisse Securities (India) Private Limited
10th Floor, Ceejay House, Plot F
Shivsagar Estate, Dr. Annie Besant Road,
Worli, Mumbai 400 018
Tel: (91 22) 6777 3885 Fax: (91 22) 6777 3820
E-mail: list.godrejagrovetipo@credit-suisse.com
Investor grievance e-mail: list.igcellmerbnkg@creditsuisse.com

REGISTRAR TO THE OFFER of Godrej Agrovet Ltd IPO (GAL IPO):

Karvy Computershare Private Limited
Karvy Selenium, Tower B
Plot number 31 & 32 Gachibowli
Financial District, Nanakramguda
Hyderabad 500 032
Tel: (91 40) 6716 2222  Fax: (91 40) 2343 1551
E-mail: godrej.agrovet@karvy.com

Investor grievance e-mail: einward.ris@karvy.com

Godrej Agrovet Ltd IPO (GAL IPO) Draft Red Herring Prospectus (DRHP):

Godrej Agrovet Ltd (GAL) IPO Prospectus

Red Herring Prospectus (RHP) Of Godrej Agrovet Ltd IPO (GAL IPO):

Godrej Agrovet Ltd (GAL) IPO Prospectus

Day Wise Godrej Agrovet Ltd IPO (GAL IPO) Subscription Figures:

Godrej Agrovet Ltd (GAL) IPO Subscription Details
CategoryTotal Quota
(No. of Shares offered)
Subscription (No. of times Subscribed)
Day 1Day 2Day 3
Qualified Institutional Buyers (QIBs) 5082882 0.27 1.95150.96
Non Institutional Investors (NIIs)3750042 0.102.06236.04
Retail8750096 0.87 2.777.66
Employees444444 0.07 0.25 0.84
Total18027464 0.52 2.33 95.40

Godrej Agrovet Ltd IPO (GAL IPO) Allotment and Listing Dates Schedule:

  • 04/Oct/17 – Bid/Offer Opening Date
  • 06/Oct/17 – Bid/Offer Closing Date
  • 12/Oct/17 – Finalisation of Basis of Allotment
  • 13/Oct/17 – Unblocking of Funds from ASBA Account
  • 13/Oct/17 – Credit of Equity Shares to Demat Account
  • 16/Oct/17 – Commencement of Trading on NSE/BSE

* To Be Updated

Godrej Agrovet Ltd IPO (GAL IPO) Grey Market Premium (GMP):

Current Grey Market Premium (GMP) Of Godrej Agrovet Ltd (GAL) IPO is trading between Rs 150 – Rs 160 Per Equity Share.

How To Check Godrej Agrovet Ltd IPO (GAL IPO) Application Status:

To clear that doubt and to check Godrej Agrovet Ltd (GAL) IPO application status just use the below links and you can check it as follow:

Check Godrej Agrovet Ltd (GAL) IPO Application Status at BSE:  BSE Website

Check Godrej Agrovet Ltd (GAL) IPO Application Status at NSE NSE Website

To Check Godrej Agrovet Ltd IPO (GAL IPO) Application Status:

  1. Click on Links provided above
  2. Select Godrej Agrovet Ltd IPO (GAL IPO) from the drop Down Menu.
  3. Provide your PAN Number.
  4. Provide your Application Number.
How To Check Godrej Agrovet Ltd IPO (GAL IPO) Allotment Status:

To Check Godrej Agrovet Ltd (GAL) IPO Allotment Status : Click Here

  1. Select Godrej Agrovet Ltd IPO (GAL IPO) from the first drop Down Menu
  2. Select PAN Card from the second drop Down Menu
  3. Provide your PAN Number.

Market Update:

If You Want to Reduce Your Brokerage By More Than 80% Just Get More Information Here: Save More Than 80% Brokerage.

Now Apex Frozen Foods Ltd IPO (AFFL IPO) also lists at 21% Premium.

Bharat Road Network Ltd IPO (BRNL IPO) lists at 1.54% Premium. While  Matrimony.com Ltd IPO (Matrimony IPO) listed at 8.51% discount.

Capacit’e Infraprojects Ltd IPO (CIL IPO) bidding is successfully closed now. While Capacit’e Infraprojects IPO Allotment and Listing will be now in process.

Capacit’e Infraprojects Ltd (CIL) IPO Grey Market Premium (GMP) is trading between Rs 148 – Rs 150 per equity share.

ICICI Lombard General Insurance Company IPO is going to be active in market from September 15, 2017 – September 19, 2017. ICICI Lombard IPO Grey Market Premium (GMP) is trading between Rs 14 – Rs 16 per equity share.

SBI Life Insurance Company Ltd IPO bidding going to start from September 20, 2017 – September 22, 2017. While SBI Life Insurance IPO Grey Market Premium (GMP) is trading between Rs 23 – Rs 25 per equity share.

Prataap Snacks Ltd IPO (PSL IPO) is going to be active in market from September 22, 2017 – September 26, 2017. Prataap Snacks Ltd (PSL) IPO Grey Market Premium (GMP) is trading between Rs 320 – Rs 340 per equity share.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

If you want all updates delivered to your email box just subscribe for the updates. We also hate spam so we are not going to share your details with anyone. So Just Subscribe and forget the tension of tracking the IPO’s. We will do it for you.

If you like to have a Chance to Win a Smart Phone just Like and share us.

Leave a Reply

Your email address will not be published. Required fields are marked *

Apply IPO © 2017