Healthy Life Agritec IPO description – The company is engaged in the business of trading of Raw Milk in the state of Maharashtra and Live Chicken and Agro Products in the state of Maharashtra and Karnataka. It procures raw cow milk from milk farmers in the state of Maharashtra, a significant cow milk producing region in India.
The company has a direct procurement model in place which enables it to control costs while also ensuring quality of the raw milk procured. It has engaged procurement partners, to coordinate the milk procurement process with milk farmers and supply Raw milk to milk wholesalers in the state of Maharashtra.
In addition to raw milk, it also procures poultry from poultry growers in the state of Maharashtra and Karnataka and supply poultry to chicken wholesalers in the state of Maharashtra and Karnataka. During 2021-22, the company sold 39.20 lakhs litres of raw cow milk and 7.69 lakhs kgs of live chicken which contributed approximately 60.05% and 39.95% of its total revenues.
Promoters of Healthy Life Agritec – Ms Divya Mojjada and M/s Cronosglobal Investments & Holdings Private Limited
Healthy Life Agritec IPO Details
| Subscription Dates | 13 – 18 July 2022 |
| Price Band | INR10 per share |
| Fresh issue | 1,00,00,000 shares (INR10 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,00,00,000 shares (INR10 crore) |
| Minimum bid (lot size) | 10,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Healthy Life Agritec Financial Performance
| Â | FY2022 |
| Revenue | 3,396.1 |
| Expenses | 3,278.1 |
| Net income | 82.8 |
Healthy Life Agritec Offer News
Healthy Life Agritec Offer Valuation (as of FY2022)
Earnings Per Share (EPS): INR7.44
Pre-IPO Price/Earnings (PE ratio): 1.34
Return on Net Worth (RONW): 7.03%
Net Asset Value (NAV): INR10.82 per share
Healthy Life Agritec IPO GMP Daily Trend
| Date | Healthy Life Agritec IPO GMP | Kostak | Subject to Sauda |
Healthy Life Agritec IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 50,00,000 | 50,00,000 | 1,00,00,000 |
| Day 1 | 0.79 | 0.86 | 0.83 |
| Day 2 | 0.81 | 1.59 | 1.20 |
| Day 3 | 0.85 | 2.67 | 1.76 |
| Day 4 | 4.96 | 10.63 | 7.80 |
Healthy Life Agritec IPO Lead Manager
Finshore Management Services Limited
Anandlok Building, Block-A,
2nd Floor, Room No. 207,
227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Phone: +91 033 22895101/46032561
Email: [email protected]
Website: www.finshoregroup.com
Healthy Life Agritec Offer Registrar
Cameo Corporate Services Limited
Subramanian Building,
#1, Club House Road,
Chennai – 600 002, India
Phone:Â +91-44-40020700, 28460390
Email:Â [email protected]
Website:Â www.cameoindia.com
Healthy Life Agritec IPO Contact Details
Healthy Life Agritec Limited
Survey No 97/3,4,8, 96/1, Cronos Holding,
Western Express Highway, Kashimira,
Thane – 401107, Maharashtra
Phone: +91- 98188 73657
E-mail: [email protected]
Website: www.healthylifeagritec.com
Healthy Life Agritec IPO Allotment Status
Healthy Life Agritec IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Healthy Life Agritec IPO Timetable
| IPO Opening Date | 13 July 2022 |
| IPO Closing Date | 18 July 2022 |
| Finalisation of Basis of Allotment | 21 July 2022 |
| Initiation of refunds | 22 July 2022 |
| Transfer of shares to demat accounts | 25 July 2022 |
| Listing Date | 26 July 2022 |
| Opening Price on BSE SME | INR8.90 per share (down 11% from IPO price) |
| Closing Price on BSE SME | INR9.34 per share (down 6.6% from IPO price) |
Healthy Life Agritec IPO FAQs
What is Healthy Life Agritec offer size?
Healthy Life Agritec offer size is INR10 crore.
What is Healthy Life Agritec IPO Price Band?
Healthy Life Agritec public offer price is INR10 per share.
What is the lot size of Healthy Life Agritec IPO?
Healthy Life Agritec offer lot size is 10,000 shares.
What is Healthy Life Agritec IPO GMP today?
Healthy Life Agritec IPO GMP today is NA per share.
What is Healthy Life Agritec kostak rate today?
Healthy Life Agritec kostak rate today is NA per application.
What is Healthy Life Agritec Subject to Sauda rate today?
Healthy Life Agritec Subject to Sauda rate today is NA per application.
