Baba Agro Food Ltd IPO

Closed

Subscription Details

  • Open Date 14 Sep
  • Close Date 18 Sep
  • Lot Size 2000
  • IPO Size ₹ 19.25 Cr
  • IPO Price Range ₹ 55
  • Min Investment ₹ 110000

Baba Agro Food Ltd IPO Timeline

Open Date
14 Sep
Close Date
18 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 35,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Sri Krishna Metcom Limited (company or issuer) for cash at a price of Rs. 55/- per equity share (including a share premium of Rs. 45/- per equity share) aggregating up to Rs. 19.25/- crores (offer) comprising a fresh issue of 6,00,000 equity shares aggregating up to Rs. 3.30 crores by the company (fresh issue) and an offer for sale of 3,11,000 equity shares by Sudhir Prasad Sahu (HUF), 9,00,000 equity shares by Mrs. Krishna Devi, 6,00,000 equity shares by Mrs. Binita Sahu, 6,00,000 equity shares by Mrs. Ekta Sahu, 2,44,000 equity shares by Yogesh Kumar Sahu (HUF) and 2,45,000 equity shares by Gyan Prakash Sahu (HUF) (collectively referred to as the selling shareholders) aggregating 29,00,000 equity shares aggregating up to Rs. 15.95 crores by the selling shareholders (offer for sale) The offer comprises of 1,80,00 equity shares of face value Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating Rs. 0.99 crores which will be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 33,20,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share, aggregating Rs. 18.26 crores is hereinafter refered to as the net offer. The offer and the net offer will constitute 26.45% and 25.09%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the offer price of Rs. 55/- is 5.5 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Baba Agro Food Ltd IPO

Contact Information

Address

504 Mangal Murti Heights,
5th Flr Rani Bagan Harmu Road,
Ranchi, Jharkhand 834001

Baba Agro Food Ltd IPO Lead Manager

Microsec Capital Ltd
Open Demat Account