KN Agri Resources IPO GMP, Review, Price, Allotment

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KN Agri Resources IPO

KN Agri Resources IPO Description 

The company is primarily in the business of solvent extraction & oil refining and trading of various agro-commodities. Its wide range of processed and manufactured products includes soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cotton seed oil, refined rapeseed oil and rapeseed de-oiled cake. Under the agro-commodities business, the company trades in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat etc.

KN Agri Resources has three strategically located plants in the state of Madhya Pradesh comprising of three solvent extraction plants, two oil refineries and one flour mill. As on the date of DRHP, it had cumulative solvent extraction capacity of 3,75,000 TPA, edible oil refining capacity of 60,000 TPA and flour milling capacity of 24,000 TPA.

Presently, the company markets its products to around 15 states in India of which majority portion of the revenue comes from the state of Madhya Pradesh, Gujarat, West Bengal and Maharashtra. Its customers include Adani Wilmar Limited, Cargill India, Bunge India and Ruchi Soya. The company also exports its products to countries such as Netherlands, Singapore, Bangladesh and Nepal. It markets refined oil primarily under “CLASSIC” and “KHAN-PAN” brands. It also has four wind energy power plants of combined capacity of 4.60 MW in the state of Madhya Pradesh, Maharashtra and Rajasthan.

Promoters of KN Agri Resources – Vijay Shrishrimal, Sanjay Shrishrimal, Dhirendra Shrishrimal, N Resources Private Limited, Anant Trafina Private Limited and Anant Counter Trade Private Limited


KN Agri IPO Details

Subscription Dates15 – 17 March 2022
Price BandINR71 – 75 per share
Fresh issue6,584,000 shares (INR49.38 crore)
Offer For SaleNil
Total IPO size6,584,000 shares (INR49.38 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge

KN Agri Resources’ Financial Performance

 FY2019FY2020FY2021H1 FY2022
Revenue1,292.5853.21,301.2594.7
Expenses1,261.2835.41,266.2572.6
Net income21.413.226.216.8
Figures in INR Crore unless specified otherwise

KN Agri Resources Offer News


KN Agri Resources Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR14.22
Pre-IPO Price/Earnings (PE ratio): 4.99 – 5.27
Return on Net Worth (RONW): 16.51%
Net Asset Value (NAV): INR86.16 per share


KN Agri IPO GMP Daily Trend

DateKN Agri IPO GMPKostakSubject to Sauda
29 Mar 2022INR80,000
28 Mar 2022INR80,000
25 Mar 2022INR80,000
24 Mar 2022INR1,500INR80,000
23 Mar 2022INR1,500INR75,000
22 Mar 2022INR1,500INR75,000
21 Mar 2022INR1,500INR60,000
17 Mar 2022INR1,500INR45,000
16 Mar 2022INR1,500INR40,000
15 Mar 2022INR1,300INR36,000
14 Mar 2022INR1,300INR35,000

KN Agri Resources IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered 2,355,2002,355,2004,710,400
Day 11.895.713.80
Day 26.9022.3714.63
Day 3321.8581.33201.59
Subscription figures in number of times, at 5 PM

KN Agri Resources Offer Registrar

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in


KN Agri Resources Contact Details

KN Agri Resources Limited
KN Building, Subhash Road,
Ramsagarpara, Raipur – 492001
Phone: +91 43541100
Email: [email protected]
Website: www.knagri.com


KN Agri IPO Allotment Status

KN Agri IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.


KN Agri Resources IPO Timetable

IPO Opening Date15 March 2022
IPO Closing Date17 March 2022
Finalisation of Basis of Allotment23 March 2022
Initiation of refunds24 March 2022
Transfer of shares to demat accounts25 March 2022
Listing Date28 March 2022
Opening Price on NSEINR153.65 per share (up 104.87% from IPO price)
Closing Price on NSEINR146 per share (up 94.67% from IPO price)

KN Agri Resources IPO FAQs

What is KN Agri Resources IPO offer size?

KN Agri Resources offer size is INR49.38 crore.

What is KN Agri Resources IPO Price Band?

KN Agri Resources public offer price band is INR71 – 75 per share.

What is the lot size of KN Agri Resources IPO?

KN Agri Resources offer lot size and the minimum order is 1,600 shares.

What is KN Agri IPO GMP today?

KN Agri IPO GMP today is NA per share.

What is KN Agri Resources kostak rate today?

KN Agri Resources kostak rate today is INR1,500 per application.

What is KN Agri Resources Subject to Sauda rate today?

KN Agri Resources Subject to Sauda rate today is INR75,000 per application.

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