|KPR Agrochem IPO issue listing Date, Price, GMP, Allotment Status Review & Details Recommendation|
Description KPR Agrochem IPO - KPR Agrochem is an agricultural production company dedicated to the production, distribution and retail of a wide range of products that increase productivity and crop protection.
The product range includes crop protection, plant nutrients, seeds and veterinary food supplements. In addition, to ensure the supply of sulfuric acid, one of our key ingredients, the company also undertook the production of sulfuric acid.
KPR Agrochem produces sulfuric acid and other sulfuric acid chemicals, such as LABSA and oleum, which have wider applications in various industries, such as agrochemicals, veterinary supplements, pharmaceuticals, synthetic detergents, etc. agro-value from the seed to the nutrients of the crops and the phytosanitary products, as well as the veterinary additives for feed.
KPR Agrochem IPO issue listing Date, Price
Established in 2007, KPR Agrochem Limited, based in Andhra Pradesh, participates in the production, sale and distribution of products that increase agricultural production and crop protection products. The company offers a wide range of products, including nutrients for crops, crop protection, veterinary feed additives, sulfuric acid and various seeds. The company also produces chemical products based on sulfuric acid, such as oleum and LABSA, which are used in synthetic detergents, agrochemicals, pharmaceuticals and veterinary food supplements.
Some of the brand products offered by the company are: FAST, MOTOX - 10G, SAMRAT ATRAZINE 50% WP, MEGA IMIDA, ABHAYA CAL MIX, APURVA SEEDS, AJAY (14-35-14) and AJAY (20-20-0 ).
KPR Agrochem IPO GMP, Allotment Status Review
In addition, she established a chain of retail stores operated by a company known as Kisan Seva Kendras in the east and west of Godavari, Vizianagaram, Srikakulam, Visakhapatnam and Krishna in Andhra Pradesh; Warangal de Telangana District; and the districts of Karnataka, Koppal, Raichur, Bellary and Gadag.
The company has 9 branches in different locations, which facilitates communication with almost 8,000 distributors in India. KPR Agrochem also has a network of Kisan Seva Kendras, which connects directly with the end customers. The company is part of K.P.R. a group that deals with activities related to chemicals, agricultural products, poultry and rice.
KPR Agrochem IPO Details Recommendation
The company has three production units located in Balabhadrapuram (Godavari district), Biccavol (Godavari district) and Koppal district (Karnataka). This agrochemical company also has a waste heat recovery facility in Biccavol, which produces energy from the steam residue collected during the production of sulfuric acid. In addition, it also has a quality control laboratory in:
(i) Object Biccavolu, Andhra Pradesh
(ii) Balabhadrapuram, Andhra Pradesh
(iii) Installation of Warangal, Telangana
(iv) Installation of Koppal, Karnataka
The competitive strengths of the company are:
Wide range of agri-food products.
Strong and fast-growing distribution chain.
Independent raw material supply capacities
Three certified manufacturing units.
Promoters of the company:
Father Reddy Kovvuri, Venkata Mukunda Reddy Karri, Rajasekhar Reddy Kovvuri, Satyanarayana Reddy Kovvuri (S / O. Veeraraghava Reddy Kovvuri), Satyanarayana Reddy Kovvuri (S / O. Ramachandra Reddy Kovvuri) and Crescoarayana Reddy Kovvuri (C / O. Ramachandra Reddy Kovvuri ) are the Parks.
Objects of the problem:The company intends to use the net proceeds from the following objects ("Objects of the problem"):
1. Return/advance, total or partial, of some loans granted by the Company;
2. To meet the additional requirement of the Company's working capital;
3. General corporate goals.
|28 June - 2 July 2019 (IPO withdrawn before launching)|
|INR59 - 61 per share (retail discount - INR3 per share)|
|12,000,000 shares (INR70.8 - 73.2 crore)|
|INR280.8 - 283.2 crore|
|INR10 per share|
KPR Agrochem Contact Details
Valuation of KPR Agrochem (FY2018)
Listing Performance of KPR Agrochem
KPR Agrochem IPO Promoter Holding