KPR Agrochem Limited IPO: Reviews, Recommendations, GMP, Subscription status and Allotment - IPO Reviews

Saturday, March 31, 2018

KPR Agrochem Limited IPO: Reviews, Recommendations, GMP, Subscription status and Allotment

KPR Agrochem Limited was established in January 2002 as K.P.R. Fertilisers Private Limited, which was later converted into a public limited company in 2008. The company has its headquarters in Andhra Pradesh. 
KPR Agrochem Limited IPO: Reviews, Recommendations, GMP, Subscription status and Allotment
Name of the Company:  KPR Agrochem Limited
Promoters: Mr Papa Reddy Kovurri
Based in:  Balabhadrapuram, Andhra Pradesh, India
Year of Establishment:  January 2, 2007
Area of Business:  An agriculture-input company that is engaged in manufacture and sale of fertilizers in India.

Issue Size: 

The number of equity shares the promoter is selling is not yet disclosed. The Face Value is fixed at Rs 10 per share.  

Financials: 

The total standalone revenue from the operations for the period ended December 31st, 2017 is Rs 4247.17 crores. For the years FY17 and FY16, the total revenue stood at Rs 5,564.84 and Rs 5,529.20 crores respectively.

The standalone Profit after Tax for the period ended December 31st, 2017 is Rs 203.01 crores. For FY17 and FY18, the PAT stood at Rs 218.27 and Rs 234.62 crores respectively.

The standalone diluted EPS up to December 2017 is Rs 2.38 and for FY17 and FY16, the EPS was Rs 2.55 and Rs 2.75 respectively.

Use of proceeds of the Offer

The Selling Shareholders will be entitled to the proceeds of the Offer for Sale after deducting their proportion of
Issue related expenses. The company will not receive any proceeds of the Offer for Sale. 


Shares will be listed at BSE and NSE

Book Running Lead Managers: 

PI Capital Markets Pvt Limited

Registrar to the Offer

Karvy Computershare Private Limited

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