Proventus Agrocom Limited
Fixed Price IPO · NSE
- Price band
- ₹771 - ₹771
- Lot size
- 160 shares
- Issue amount
- ₹69.54 cr
- Total subscription
- 2.75×
- Opens
- 24 May 2023
- Closes
- 26 May 2023
- Allotment
- 1 Jun 2023
- Listing
- 5 Jun 2023
Offer at a glance
Issue overview
- Issue size
- 9,01,920 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,23,360
- Fresh issue
- ₹51.79 cr
- Offer for sale
- ₹17.74 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,23,360
- Issue type
- Fixed Price IPO
- Shares before issue
- 27,55,768
- Shares after issue
- 34,27,621
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 160 | ₹1,23,360 |
| HNI | 2 | 320 | ₹2,46,720 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 33.03 | 24.43 |
| NIB | 33.03 | 157 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.14 |
| ROE | 0.04 |
| ROCE | 0.05 |
| RONW | 3.08 |
| PRE IPO(PE) | 186.23 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2015, Proventus Agrochem Limited is an integrated health food brand offering a wide range of dry fruits, nuts, seeds, berries, and healthy snacking products. Operating with a “farm to homes” business model, the company aims to create expertise across the value chain, from origination to distribution, filling the gap in India’s healthy snacking segment. Its products are marketed under the brand “ProV” and include almonds, pistachios, cashews, walnuts, raisins, and other nuts, dry fruits, seeds, and berries. The company also operates through its subsidiaries, Prov Foods Private Limited and Proventus Retail Private Limited.
Promoters
Durga Prasad Jhawar
Deepak Kumar Agrawal
Shalin Sanjiv Khanna
Shree JMD Investment Advisors LLP
Registrar & documents
Lead manager
Sundae Capital Advisors
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Village Mulgaon, MV Road, Andheri (East), Near Acme Plaza, Mumbai - 400 069
+91 22 6211 0900
[email protected]Company website ↗Understanding PROV IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.