Healthy Life Agritec IPO GMP, Review, Price, Allotment

Last updated on July 26, 2022

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

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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

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Healthy Life Agritec Financial Performance

	FY2022
Revenue	3,396.1
Expenses	3,278.1
Net income	82.8

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Healthy Life Agritec Offer News

• Healthy Life Agritec RHP
• Healthy Life Agritec Draft Prospectus

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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

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Healthy Life Agritec IPO GMP Daily Trend

Date	Healthy Life Agritec IPO GMP	Kostak	Subject to Sauda

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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

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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

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Healthy Life Agritec Offer Registrar

Cameo Corporate Services Limited
Subramanian Building,
#1, Club House Road,
Chennai – 600 002, India
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: www.cameoindia.com

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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

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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.

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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)

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Healthy Life Agritec IPO FAQs