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Agro Phos India Ltd IPO (Agro Phos India IPO) Detail

October 27, 2016 - November 7, 2016

Agro Phos India IPO is a book built issue of Rs 12.94 crores.

Agro Phos India IPO bidding started from October 27, 2016 and ended on November 7, 2016. The shares got listed on NSE SME on November 16, 2016.

Agro Phos India IPO price band is set at ₹19 to ₹22 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹132,000.

Indian Overseas Bank and Pantomath Capital Advisors Pvt Ltd are the book running lead managers of the Agro Phos India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Agro Phos India IPO RHP for detailed information.

Agro Phos India IPO Details

IPO Date October 27, 2016 to November 7, 2016
Listing Date November 16, 2016
Face Value ₹10 per share
Price Band ₹19 to ₹22 per share
Lot Size 6000 Shares
Total Issue Size5,880,000 shares
(aggregating up to ₹12.94 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue14,394,115
Share holding post issue20,274,115

Agro Phos India IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹132,000
Retail (Max) 1 6000 ₹132,000
Lot Size Calculator

About Agro Phos India Ltd

Incorporated in 2002, Agro Phos India Ltd is engaged in the manufacturing of fertilisers such as Single Super Phosphate (SSP), Nitrogen Phosphate and Potassium (NPK), Zinc Sulphate, Organic manure and Calcium Sulphate commonly known as soil conditioner or gypsum. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

Company manufacturing facilities are located at Dewas and Meghnagar, Madhya Pradesh and are well equipped with required facilities including machinery, crane, conveyor belt, other handling equipments to facilitate smooth manufacturing process and easy logistics.Visit chittorgarh.com for more detail.

Objects of the Issue (Agro Phos India IPO Objectives)

The objects to the Issue are:

1. Repayment/ Prepayment of certain borrowings availed by Company;
2. Working Capital requirements;
3. General Corporate Purposes
4. Issue Expenses

Agro Phos India IPO Review (Apply)

[Dilip Davda]  This justifiably priced IPO may be considered by cash surplus investors for long term rewards as there is a sudden spurt in paid up equity due to bonus issues and the IPO. Read detail review...

Agro Phos India IPO Prospectus

Agro Phos India IPO Rating

99
3.9
Rating:Rated 3.9 stars
Vote Here ...

Agro Phos India IPO Listing Details

Listing Date November 16, 2016
BSE Script Code
NSE Symbol AGROPHOS
ISIN INE740V01019
Final Issue Price ₹22 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹22.00
₹26.40
₹22.10
₹26.40
₹22.85

Check IPO Performance…

Agro Phos India Ltd Contact Details

Agro Phos India Ltd
M-87 Trade Centre 18M,
South Tukoganj,
Indore - 452001
Phone: +91-0731-2529490
Email: investors@agrophos.com
Website: http://www.agrophos.com

Agro Phos India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: Ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Agro Phos India IPO - Buy or Not

Agro Phos India IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Agro Phos India IPO FAQs

Agro Phos India IPO is a SME IPO of 5,880,000 equity shares of the face value of ₹10 aggregating up to ₹12.94 Crores. The issue is priced at ₹19 to ₹22 per share. The minimum order quantity is 6000 Shares.

The IPO opens on October 27, 2016, and closes on November 7, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Agro Phos India IPO opens on October 27, 2016 and closes on November 7, 2016.

Agro Phos India IPO lot size is 6000 Shares, and the minimum amount required is ₹132,000.

You can apply in Agro Phos India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Agro Phos India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Agro Phos India IPO allotment status.

The Agro Phos India IPO listing date is on November 16, 2016.
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Agro Phos India IPO Message Board

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50 Comments

21. IPOANALYSIS |   Link |  Bookmark |November 21, 2016 8:20:12 PM

PAKISTAN, USA,NIKKEI ALL MARKETS HITTING NEW HIGHS

ALL MONEY FLOWING OUT OF INDIAN TO OTHER MARKETS.

NOW EVEN THE ECONOMY IS GOING DOWN FORGET ABOUT FDI AND OTHER. U HAVE HURT INVESTOR SO BADLY THAT NOONE WOULD INVEST NOW.

WHAT IS SURPRING THIS IS HAPPENING WHEN GLOBAL ENVIRONMENT IS DOING VERY GOOD.

AND WHAT IS EVEN MORE SURPRISING IS NO SPEECH FROM ANY ONE TO SOOTHE INVESTOR SENTIMENT AS USUALLY HAVE SEEN FM OR RBI COMING IN BETWEEN
21.1. jagadish abbigeri |   Link |  Bookmark |November 22, 2016 10:19:56 AM
Why Agro Phos is going down day by day, any particular reason..
20. IPOANALYSIS |   Link |  Bookmark |November 17, 2016 12:59:53 AM
this sme got highest subscription and only few lucky people got it in allotment.

lucky nah. hahaha. it is available at same issue price now .

with 18 times subscription which is highest garner is SME it did not perform.

all thanks to the wonderful scheme of PM and FM.

They wont let you make money.

Are people fool to apply in stock IPO and SME?

19. jagadish abbigeri |   Link |  Bookmark |November 11, 2016 2:56:24 PM
What is listing Date. & listing price..
19.1. jagdish |   Link |  Bookmark |November 12, 2016 10:36:51 PM
Tuesday circuit 26.40 price
19.2. jagadish abbigeri |   Link |  Bookmark |November 12, 2016 10:51:41 PM
Where U got information of listing date. Link plz..
18. hrk |   Link |  Bookmark |November 11, 2016 1:49:25 PM
got 1 out of 5... what is opening expectation of this stock in this market situation can any one share?
17. parmod gupta |   Link |  Bookmark |November 11, 2016 12:03:27 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Got nil out of 2
17.1. vijay sahajwani |   Link |  Bookmark |November 11, 2016 12:34:31 PM
Got nil out of 14. 0/14
16. Sultan Mirza |   Link |  Bookmark |November 11, 2016 12:46:13 AM
Allotment is out. Check here
http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx
16.1. Sultan Mirza |   Link |  Bookmark |November 11, 2016 12:46:41 AM
http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx
16.2. jagadish abbigeri |   Link |  Bookmark |November 11, 2016 10:07:56 AM
Then Is it going to list on Monday Or Tuesday? . What would be the listing Price ?
15. Dhiren parmar |   Link |  Bookmark |November 7, 2016 8:35:10 PM
But at cutoff it subscibed 1.75 crore shares so that three times only for those who applied at the price of rs.22. The allotment ratio shsll be 3:1. Am i right?
15.1. jagdish |   Link |  Bookmark |November 7, 2016 10:11:17 PM
No some retailer may applied at priced bid of RS 22.

Possible allotment ratio will be 1 out of 18
14. KAJLA |   Link |  Bookmark |November 7, 2016 3:45:55 PM
Even not easy for retailers subscribed more than 15 times
14.1. BULLS OF INDIA |   Link |  Bookmark |November 7, 2016 8:15:43 PM (200+ Posts)
17.48 times
13. KAJLA |   Link |  Bookmark |November 7, 2016 3:44:24 PM
Subscribed heavily

As on 07-Nov-2016 15:35:07 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      5880000
Total Bids Received      91278000
Total Bids Received at Cut-off Price      17526000
No. of times issue is subscribed      15.52
13.1. Hexadecimal |   Link |  Bookmark |November 7, 2016 3:49:43 PM
Heavy subscription keeping in view the volatile market and the size of the IPO. good upside on listing expected.
13.2. Dhiren parmar |   Link |  Bookmark |November 7, 2016 8:17:02 PM
At cutoff so that at the price if rs.22, it subscribed 1.75 crore shares that is 3 times. Other bids are below rs.22, so then they will not get allotment due to oversubscription. So is the allotment ratio is 3:1? Am i right.
12. o.p.punani |   Link |  Bookmark |November 5, 2016 12:11:32 PM
CAN AGRO PHOS INDIA SME IS GOOD FOR APPLY AND FUNDAMANDENTALS ARE GOOD PL TELL
11. o.p.punani |   Link |  Bookmark |November 5, 2016 12:10:47 PM
PL SUGGEST CAN BE APPLY AGRO PHOS INDIA SME
10. Sultan Mirza |   Link |  Bookmark |November 3, 2016 5:08:12 PM
How to apply from SBI ASBA?

I am not getting this IPO in my account. My branch also refused about this IPO? I think NSE IPO is not in collaboration with SBi ASBA.

Now how to apply this IPO ? If anyone knows, please inform.
10.2. Smiter |   Link |  Bookmark |November 5, 2016 1:09:12 PM
Open account in UBI...itts the best for ASBA all sme ipo accepted...that too till 3pm not 2pm as in SBI
10.3. BMK |   Link |  Bookmark |November 5, 2016 11:36:21 PM
manually print out fil up form. and directly go sbi and hold amount
9. jonam |   Link |  Bookmark |November 2, 2016 4:11:20 PM
Junction Fabrics ans Apparels Ltd:
Equity 2.69 crs
Turnover: Rs 51.5 crs
Profit before tax: 83 lacs
PAT 57 lacs

In the Annual Report management has guided a turnover around 75 crs for 2016-17
9.3. jonam |   Link |  Bookmark |November 2, 2016 8:07:55 PM
Agro Phos looks good to me.
As regards Junction see the fundamentals and read the annual report and you will get the correct guidance.
9.4. satya |   Link |  Bookmark |November 2, 2016 9:25:29 PM
Jonam,
Can you elaborate why Agro phos looks good.
I felt it is very pricy. EPS is 2 rupees for fy16. But they have issued bonus shares in sept/oct 2016. Due to that, eps goes to Rs 0.40/- for EXISTING shareholders. It will go down further post issue. Where as "madhya bharat agro" (recently came for ipo) offered shares @ 5 PE.
8. Sultan Mirza |   Link |  Bookmark |November 1, 2016 1:39:36 PM
Check subscription figures here

https://www.nseindia.com/marketinfo/ipochart/ipochartSME.jsp?issue=AGROPHOSEQ&ir=I&cn=C&sd=D&cnlink=N
8.1. Sultan Mirza |   Link |  Bookmark |November 1, 2016 1:40:35 PM
https://www.nseindia.com/marketinfo/ipochart/ipochartSME.jsp?issue=AGROPHOSEQ&ir=I&cn=C&sd=D&cnlink=N
7. Alok Kumar Goenka |   Link |  Bookmark |October 30, 2016 8:48:24 AM
Madhya Bharat (SME) is priced at 38/- only i.e. at PE of only about 8 whereas Agro phos is asking for app PE of 11. Both are similar line company. Instead of applying for Agro Phos one should buy MBAPL from NSE. At Rs 22 Agro phos is high priced.
6. PANKAJJJJ |   Link |  Bookmark |October 25, 2016 1:31:40 PM
i don''t know whether sme ipo''s are good or bad .....but one thing i want to tell all my friends here is that no matter how good the sme ipo''s are.....but the million dollar question is here where will u get the buyer for these shares.....me and my uncle both invested in some shares, i am in loss and my uncle is in gain but one thing which is good about my shares is if i want to sell them i can by just selling 1 rupee below current price but my uncle cant sell even below 50rupees from current price......so if by luck any one of u stuck in these shares and some day u get out dont ever try to buy these shares even at half the price
6.1. KARTHIKEYAN T |   Link |  Bookmark |October 29, 2016 4:53:06 PM
Agro Phos India Limited is an good issue.
6.2. KARTHIKEYAN T |   Link |  Bookmark |October 29, 2016 5:04:23 PM
@ Pankajjj
Before investing in SME ipo you have to study about the products what they are dealing with and also their marketing abilities to do their business. I used to spend 3 hours in reading the prospectus of the company, their profit ratio, cash flow statement etc...before investing in any sme ipo. After that with your risk appetite you can invest. yes I agree that there are some difficulties in selling the sme ipo. But if we follow the procedure its quite easy to handle.
5. DURAISWAMY |   Link |  Bookmark |October 24, 2016 7:19:43 PM
DEAR ADMIN DO NOT REMOVE THIS POSTING

Amsons and funny software SME ARE TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 2.4 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE ..... BEWARE.....BEWARE....BEWARE....
5.4. IPOcket |   Link |  Bookmark |October 25, 2016 5:43:58 PM
Agree Septaji.. Just look at Aurangabad and Valiant.
If you do a little bit of study, and have aptience to wait for the right issue, you can have multibagger returns.
5.5. NRJAIN |   Link |  Bookmark |October 26, 2016 7:36:07 AM
for sme ipo any buyer in market befor apply?if yes then what is price for Agro Phos India Limited?pls reply
4. ARB |   Link |  Bookmark |October 23, 2016 2:39:23 PM
Hi....Friends,
I have 600 Thejo Engg shares traded in SME platform. Can someone help me as to how to sell in SME platform?
4.2. parmod gupta |   Link |  Bookmark |October 24, 2016 4:11:07 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
I n which company ur demate account
4.3. DURAISWAMY |   Link |  Bookmark |October 24, 2016 7:20:41 PM
DEAR ARB
PLEASE HELP ME IF YOU FIND ANY WAY ...

Amsons and funny software SMAE ARE TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 2.4 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE DO NOT APPLY BEWARE.....BEWARE....BEWARE....
3. DURAISWAMY |   Link |  Bookmark |October 22, 2016 12:19:25 PM
bse SME AND NSE EMERGE ARE ALMOST SAME . EXCHANGES ARE DIFFERENT
2. Eagleye |   Link |  Bookmark |October 21, 2016 9:58:40 AM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Is this a mainline IPO ?
2.1. niceplaywins |   Link |  Bookmark |October 21, 2016 11:24:47 AM
No Nse emerge