Incorporated in 1991, Godrej Agrovet is India based agri-business Company offering products including Animal Feed, Crop Protection, Oil Palm, Dairy and Poultry and Processed Foods. Godrej Agrovet is leading animal feed company and the largest crude palm oil producer in India.
Product Portfolio
- In animal feed business, the products comprises cattle feed, poultry feed (broiler and layer), aqua feed (fish and shrimp) and specialty feed. The products are produced at 35 facilities and sold through 4000 distributors across India.
- In crop protection business, company produces plant growth regulators, organic manures, generic agrochemicals and specialized herbicides. The products are sold in India and 24 countries. Company has over 6000 distributors in this business segment.
- In oil palm business, the products include crude palm oil, crude palm kernel oil and palm kernel cake. Company owns five palm oil mills.
- The dairy business is operate through a subsidiary Creamline Dairy. Company sell milk and milk based products under the ‘Jersey’ in 5 south India states. Company own nine milk processing units. Company has 2,500 milk product distributors and 50 retail parlors.
- Company also produce processed poultry and vegetarian products under the brands ‘Real Good Chicken’ and ‘Yummiez’.
Company Strengths: - Pan-India presence with extensive supply and distribution network.
- Diversified businesses with five business verticals.
- Emphasis on R&D
- Part of the Godrej group. Part of strong ‘Godrej’ brand.
- Leading position in the segments it operate.
Godrej Agrovet IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share1 |
| IPO Price | ₹450 to ₹460 per equity share |
| Market Lot | 32 Shares |
| Min Order Quantity | 32 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540743 |
| NSE Symbol | GODREJAGRO |
| ISIN | INE850D01014 |
| Issue Size | Aggregating up to ₹1,157.31 Cr |
Godrej Agrovet IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 4-Oct-17 |
| IPO Close Date | 6-Oct-17 |
| Basis of Allotment Date | 12-Oct-17 |
| IPO Listing Date | 16-Oct-17 |
Godrej Agrovet IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 32 | ₹14,720 |
| Maximum | 13 | 416 | ₹191,360 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Godrej Agrovet Limited
Company Promoters:
Mr Nadir B. Godrej and Mr Adi B. Godrej are the promoters of GIL.
Objects of the Issue:
The Issue comprises a Fresh Issue and an Offer for Sale.
- Offer for Sale: Each of the Selling Shareholders will be entitled to the respective portion of the proceeds of the Offer for Sale.
- Fresh Issue: Company proposes to utilise the proceeds from the Fresh Issue towards:
a. repayment or prepayment of working capital facilities availed;
b. repayment of commercial papers issued by the Company; and
c. general corporate purposes.
Registrar & Company Details
| Company Contact Information | Godrej Agrovet IPO Registrar |
| Godrej Agrovet Limited Godrej One, 3rd Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (East), Mumbai 400 079 Phone: (91 22) 2519 4416 Email: gavlinvestors@godrejagrovet.com Website: http://www.godrejagrovet.com/ | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: godrej.agrovet@karvy.com Website: https://karisma.kfintech.com/ |
