IPO Details

Kaneri Agro Industries Ltd
Registered Office: Survey No 155/P,Vill Lodariyal Bavla Sanand Rd,Ahmedabad-382220, Gujarat
Tel. No: 91-9925117042
Fax No:
Email: cs@kaneriagro.in
Website: www.kaneriagro.in
Public Issue of 2700000 equity shares of face value of Rs. 10 each of Kaneri Agro Industries Limited ("kaneri" or the "company" or the "issuer") for cash at a price of Rs. 30 per equity share including a share premium of Rs.20 per equity share (the "issue price") aggregating to Rs. 8.10 Crores ("the issue"), of which 140000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 30 per equity share including a share premium of Rs. 20 per equity share aggregating to Rs. 0.42 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of 2560000 equity shares of face value of Rs. 10 each at a price of Rs. 30 per equity share including a share premium of Rs. 20 per equity share aggregating to Rs. 7.68 Crores is herein after referred to as the "net issue". the issue and the net issue will constitute 27.00% and 25.60% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs. 30. the issue price is 3 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹30.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
(₹ Cr) Lead Managers to the Issue
Project Cost 8.10 Beeline Broking Ltd
Project Financed through Current Offer 8.10
Post Issue Equity Share Capital 10.00
Issue Price 30.00
Projects
Funding the Working Capital Requirement
Promoted By
Ritesh Kaushikbhai Patel
Nilesh Kaushikbhai Patel
Palak Ritesh Patel
Listing At
BSE - SME
Registrar To The Issue
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