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Proventus Agrocom IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to FMCG - Snacks And Beverages sector. Sundae Capital Advisors is the merchant banker of Proventus Agrocom IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th March 2023.
Proventus Agrocom IPO open date is 24th May 2023 and close date is 26th May 2023. IPO Allotment Date is 31st May 2023 and Listing date is 5th June 2023.
IPO
Size:
₹ 69.54 Cr.
Avg IPO Size (Sector Based)
: ₹
21.71 cr.
Sector: FMCG - Snacks And Beverages
SME
IPO so far:
12
Merchant Banker:
Sundae Capital
SME
IPO by BRLM so far:
2
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
425.47
cr. 
PE
Ratio:
104.61x
Average Sector PE Ratio: 15.11x
Proventus Agrocom IPO size is ₹ 69.54 Cr. with IPO price of ₹ 771.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Sundae Capital Advisors is the book-running lead manager of the Proventus Agrocom IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Ajcon Global Services Limited for Proventus Agrocom IPO.
Proventus Agrocom IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Proventus Agrocom IPO, based in Mumbai, operates in the FMCG - Snacks And Beverages sector with a focus on Provides range of dry fruits and healthy snacking products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Proventus Agrocom IPO size is ₹ 69.54 Cr. with fresh issue size of ₹ 51.79 Cr. and Offer for sale being ₹ 17.75Cr.
The IPO allotment date for Proventus Agrocom IPO is expected to be 31st May 2023, after the finalization of basis of allotment. Investors can check Proventus Agrocom IPO allotment status on the registrars website, Bigshare Services Private Limited. Proventus Agrocom IPO refund dates are 1st June 2023.
Proventus Agrocom IPO is expected to be listed on 5th June 2023.
The upper price band for the Proventus Agrocom IPO is set at ₹ 771.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Proventus Agrocom IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Proventus Agrocom IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th May 2023. After submission, funds are blocked until the basis of allotment of Proventus Agrocom IPO is finalised.
The merchant banker for Proventus Agrocom IPO is Sundae Capital Advisors . Sundae Capital Advisors manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Proventus Agrocom IPO RHP for further details.
The registrar for Proventus Agrocom IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Proventus Agrocom IPO through their official website or helpline.
Proventus Agrocom IPO was subscribed 2.70 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 69.54 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.71 Cr.
Sector: FMCG - Snacks And Beverages
SME
IPO so far:
12
Merchant Banker:
Sundae Capital
SME
IPO by BRLM so far:
2
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 423.97 cr.
PE
Ratio:
104.61x
Average Sector PE Ratio: 15.11x
Proventus Agrocom IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Proventus Agrocom Financial Review Page
Merchant Banker(s) of Proventus Agrocom IPO: Sundae Capital Advisors
Proventus Agrocom IPO subscription was 2.70 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Proventus Agrocom IPO listed at a listing price of 821.00 against the offer price of 771.00.
The current market price of Proventus Agrocom is 1149.00.
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