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Open
6 Sep 2007
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Close
11 Sep 2007
3
Allotment
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Listing
Thu, Oct 4, 2007
Price Band
₹150 to ₹170
Issue Size
40,02,184 shares (agg. up to ₹68 Cr)
Lot Size
40 Shares
Listing Date
Thu, Oct 4, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.10x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| LT Overseas Ltd. | Mainboard | ₹39.40 Cr | ₹56 | null | ₹53.20 | -5.00% | ₹382.95 (+0.12%) |
| Gulshan Sugars & Chemicals Ltd. | Mainboard | ₹26.40 Cr | ₹40 | null | ₹37.00 | -7.50% | ₹176.73 (-2.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of farmland for R&D near Hyderabad, Alwar and Ahmedabad | 20.00 |
| 2 | Setting up of marketing offices & godowns in Delhi, Lucknow, Jaipur, Ahmedabad and Aurangabad | 12.01 |
| 3 | Setting up of corn cob drying plants in Medak District, and Bellary | 4.20 |
| 4 | Setting up of a biotechnology lab at Gundla Pochampally near Hyderabad | 2.04 |
| 5 | Upgradation of existing seed processing plants at Kandlakoi, Gundla Pochampally, Gatla Narsingapur and Bellary | 9.17 |
| 6 | Setting up of a seed processing Plant in Medak District near Hyderabad | 5.88 |
| 7 | Working capital Margin requirements | 10.00 |
| 8 | Issue Expenses | 5.41 |
About Kaveri Seed IPO
Incorporated in 1986, Kaveri Seed Company Limited is Hyderabad based company in the business of production, processing and marketing of high quality hybrid seeds for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and has recently forayed into micronutrients and bio products.Kaveri Seeds currently have production, processing and R&D facilities in Andhra Pradesh and Karnataka. Kaveri Seeds research mainly focuses on developing superior hybrids in different crops like corn, cotton, sunflower, paddy, bajra, etc.In the year 2002, Kaveri Seeds began a new venture to produce and market bio-pesticides, bio-fertilizers, micronutrients, fertilizer mixtures and plant growth regulators.+ Read More
Contact Details
Kaveri Seed Co.Ltd. Address513B, 5th FloorMinerva ComplexS.D.RoadSecunderabad, Telangana, 500003+91 40 27721457ipo@kaveriseeds.comVisit Website