1.Keventer Agro Ltd IPO.
The company expects to raise Rs. 50 crore via a pre-IPO placement, which will cause the offer size to decrease. JM Financial Ltd, Axis Capital Ltd, and ICICI Securities Ltd are the offer’s book-running lead managers.
2.Objectives Of Keventer Agro Ltd IPO.
• The amount of Rs. 110.76 crore would be used to finance the company’s capital expense demand.
• Amounts of Rs. 155 crore must be set aside for the company’s debt repayment and prepayment.
2.1 Key Highlights of Keventer Agro Ltd IPO.
• The fourth-largest contributor to the Indian economy at the moment is the fast-moving consumer goods (FMCG) sector. The FMCG market in India was valued at INR 6.75 lakh crore in FY20 and is projected to grow to INR 11.20 lakh crore by FY25.
• They are leading in the FMCG sector and domestic bananas. They also hold the 3rd position in Packaged & Frozen Food E & NE India.They are leader in private dairy.
• Keventure Agro Ltd ia also the 2nd largest ice-cream Brand in India.
3.Financials Of Keventer Agro Ltd IPO.
( In Rs. million ) | FY21 | FY20 | FY19 |
Total Asset | 7,229.15 | 7,291.14 | 6,696.52 |
Total Liabilities | 6,214. 47 | 5,506.00 | 4,942.40 |
Total Expenses | 9,148.30 | 9,565.74 | 8,692.82 |
Total Revenue | 8,360. 25 | 9,582.54 | 8,844.12 |
Profit After Tax | (761.76) | 34.19 | (1.15) |
4. Keventer Agro Ltd IPO.
STRENGHTS.
• The company claims that innovation and R&D are essential to keeping a competitive edge and a strong market position.
•The company is a prominent player in the Northeast and Eastern regions of India, providing a wide array of products to a varied customer base.
• Since marketing and appropriate exposure are essential to the success of the company’s several brands, a significant amount of resources have been allocated to marketing
• One of the most trusted brand in india with customer trust.
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5.Keventer Agro Ltd IPO.
Risks
• They will lose business if they can’t maintain their clients’ brand recognition.
• A reduction or compromise in the caliber of the products manufactured would be detrimental to the company’s sales and reputation.
• Underutilization of manufacturing capacity and any delays or disruptions in the production process would be negative to the company’s operations.
6. How to apply for keventer Agro Ltd IPO.
• Click on IPO after logging into any your Demat account or website.
• Tap “Apply” after selecting the preferred IPO.
• Put in your UPI ID, choose your quantity and pricing, and then submit.
• To finish the procedure, accept the mandate on the UPI app.
DISCAMER
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