Godrej Agrovet Ltd IPO


IPO Subscription Details

  • Open Date 04 Oct
  • Close Date 06 Oct
  • Lot Size 32
  • IPO Size ₹ 1157.31 Cr
  • IPO Price Range ₹ 460
  • Min Investment ₹ 14720

IPO Synopsis

Public offer of 25,158,964 equity shares* of face value of Rs. 10 each (equity shares) of Godrej Agrovet Limited (the company) for cash At a price of Rs. 460 per equity share (including a share premium of Rs. 450 per equity share) aggregating to Rs. 1157.31 Crores* (the issue) Comprising a fresh issue of 6,337,225 equity shares* aggregating to Rs. 291.51 Crores by the company (fresh issue) and an offer for sale of 6,521,739 equity shares* by godrej industries limited (promoter selling shareholder) aggregating to Rs. 300 Crores and 12,300,000 equity Shares* by V-Sciences Investments Pte Ltd (V-Sciences or Investor selling shareholder) (V-sciences offered shares) aggregating to Rs. 565.80 Crores (the promoter selling shareholder and the investor selling shareholder are colectively refered to as, the selling shareholders and such equity shares offered by the promoter selling shareholder and the V-Sciences offered shares, Collectively the offered shares) (offer for sale). The issue included a reservation of 434,782 equity shares agregating to Rs. 20 Crores for susbcription by eligible employes (as defined in definitions and abreviations ). Further, the company has isued 367,737 Equity shares aggregating to Rs. 16.92 Crores to identified employes of the company under the esps (as defined in definitions and Rs. abreviations ) as part of the isue and at issue price. The net issue constitutes 12.88% of the post-issue paid-up equity share capital (after considering allotment to the identified employees of the company under the esps). *subject to finalisation of the basis of allotment # subject to allotment simultaneous with the allotment in the issue ^the company has, in consultation with the book running lead managers (brlms), undertaken a private placement of 192,901 equity shares For cash consideration aggregating to Rs. 8.49 Crores (Pre-Ipo placement). The size of the fresh issue as disclosed in the draft redherring Prospectus dated july 18, 2017, being Rs. 300 Crores, has been reduced to Rs. 291.51 Crores accordingly. The face value of equity shares is Rs. 10 each. The issue price is Rs. 460 per equity share and is 46 times the face value of the equity shares.

How to apply for 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 Godrej Agrovet Ltd IPO

Contact Information

3rd Flr Pirojshanagar,
Eastern Exp Highway Vikhroli(E,
Mumbai, Maharashtra 400079

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