Agro Phos SME IPO – Price, Date, Allotment, Listing

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Agro Phos Limited has offered its request for the Equity Shares through the Red Herring Prospectus. The firm has got the approval as on 17th October 2016. The Initial public offering of Agro Phos limited will be listed on the NSE SME soon. One can check the details of the IPO like price band, dates, company profile, Allotment Status, Listing Dates, and other relevant information.

Opening date of the Agro Phos SME IPO is fixed on 27 October,2016 with a price band of Rs.19-Rs.22 Per Equity Share. The lot size for applying the IPO is for *shares. It is mandates for all the investors to apply through ASBA i.e. Application supported by Blocked amount only. A retail investor can apply the value of Application not more than Rs. 2 lacs. The IPO consists total 5,880,000 Equity Shares of Face Value Rs. 10 for cash.

Company Profile:

The Company was incorporated on February 10, 2002. The company deals into the business of manufacturing of fertilizers like Single Super Phosphate(SSP), Nitrogen Phosphate and Potassium (NPK), Zink Sulphate, Organic manure and Calcium Sulphate commonly known as soil conditioner or gypsum. The firm fulfills the requirements of other fertilizers of its clients and also engaged to trade of Diammonium Phosphate (DAP), Urea, Ammonium Sulphate . It has its manufacturing units at Dewas and Meghnagar, Madhya Pradesh along with its own equipments like machinery, crane, conveyor belt, other handling equipments to facilitate smooth manufacturing process and easy logistics. The Company also initiates to run so many education awareness programs for the farmers. ‘Himmat Na Haar’ is one of its best program which is likely to be telecasted on Doordarshan, one of the regional telecast at Madhya Pradesh and Chhattisgarh.

Outlook of the Firm:-

1) Maintains its Quality;

2) Robust distribution network;

3) Strategic location of Manufacturing Unit;

4) Efficient and knowledgeable management Team.

Objects Of The Issue:

To get rid of from loans and other debts;
Working capital requirement;
General corporate purposes.
Issue Expenses.

Summary Of Issue:

Issue Open:-	27 October,2016 – 7 November 2016
Issue Type	Book Build Issue IPO
Issue Size (Shares)	[5880,000]Equity Shares of Rs. 10
Issue Size in (Value)	Rs.12.94 Crore
Face Value	Rs. 10 Per Equity Share
Issue Price	Rs.19-Rs. 22 per Equity Shares
Market lots	* Shares
Minimum Order Quantity	* Shares
Listing At	NSE, SME

The Public offer includes:- 5,880,000 Equity Shares

Agro Phos Limited IPO Allotment Status

Agro Phos Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

Click on the given link See Allotment Status here
Go to Application Status
Select IPO as Agro Phos Limited IPO
Enter you PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.

The Shares of Agro Phos are likely to be listed November 15,2016 on both SME & NSE.

Promoters Of the Company:

a) Mr. Raj Kumar Gupta:- He is 41 year old. He is Director of the Company.

b) Vishnu Kant Gupta:- He is 36 years old. He is the Whole time Director of the Company.

Financials:

Particulars		For the year/Period ended (Rs. in Lakhs)
Financial Year	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Equity & Liabilities	7036.99	5231.61	3568.63	4059.07	3404.49
Total Assets	7036.99	5231.61	3568.63	4059.07	3404.49
Total Revenue	7276.77	6579.77	6228.91	5859.31	5790.28
Total Expenses	6760.01	5917.29	6037.03	5652.95	5589.28
Profit After Tax (PAT)	516.76	662.48	191.88	206.36	201.00