IPO Synopsis

Proventus Agrocom Ltd

Registered Office: Unit 515 5th Flr C Wing 1 MTR,Cabin Atrium (V) Mulgaon MV Rd, Mumbai - 400069, Maharashtra, India. 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. Issue Opens On Closes On 24-May-23 26-May-23 Money Payable On Application Allotment 771.00 0.00 Minimum Application for shares in Nos : 160 Further Multiples of : 160 Cr Lead Managers to the Issue Project Cost (.Cr) 50.55 Sundae Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 69.54   Post Issue Equity Share Capital (.Cr) 3.43 Issue Price () 771.00

Projects

Funding working capital requirements of the company Funding working capital requirements of the company material General corporate purposes

Promoted By

Durga Prasad Jhawar

Deepak Kumar Agrawal

shalin Sanjiv Khanna

Listing At

NSE - SME

Registrar to the Issue

No Data Available