Healthy Life Agritec IPO Guidance & Details

Grey Market News for Healthy Life Agritec IPO :
On 22 July 2022
Subject to Rates# :  nil
GMP Rates :  – nil
Subscription Trend
On 18 July 2022 @ 5.00 pm
NII (50%) 4,750000 Sh : 5.22 T
RII (50%) 4,750000 Sh : 11.19 T
Tot 95,00,000 Sh : 8.21 T

Healthy Life Agritec IPO Details
IPO Date July 13, 2022 to Jul 18, 2022
IPO Face Value Rs 10 per share
IPO Price Rs 10 per share
IPO Lot Size 10000 Shares
Issue Size 1,00,00,000 shares of Rs 10
(aggregating up to Rs 10.00 Cr)
Fresh Issue 1,00,00,000 shares of Rs 10
(aggregating up to Rs 10.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer

Retail Quota : 50 % (   4,750000 Shares)
Minimum  10000 Rs 100,000
Maximum  10000 Rs 100,000
Retail : 475 Applications required for one time subscriptions.

Kesar India IPO Timetable 
IPO Opening Date July 13, 2022
IPO Closing Date Jul 18, 2022
Basis of Allotment Jul 21, 2022
Initiation of Refunds Jul 22, 2022
Credit of Shares to Demat Jul 25, 2022
SKP Bearing Industries IPO Listing Date Jul 26, 2022

Kesar India IPO Business :

Healthy Life Agritec Limited incorporated in the month of November 2019, 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. Its direct procurement model enables it to control costs and ensure quality of the raw milk procured by it. It has engaged procurement partners, to co-ordinate 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 has sold 39.20 Lakhs litres of raw Cow Milk and 7.69 Lakhs Kgs of Live Chicken which contributes approximately 60.05% and 39.95% of total revenue of the Company.
During 2020-21, the Company has sold 6.50 Lakhs litres of raw Cow Milk and 1.21 Lakhs Kgs of Live Chicken which contributes approximately 59.95% and 40.05% of total revenue of the Company.
Click  www.healthylifeagritec.com

Promoters of Kesar India IPO 

Ms. DIVYA MOJJADA AND M/s. CRONOSGLOBAL INVESTMENTS & HOLDINGS Pvt ltd.

Kesar India : Objects of the IPO

To meet the working capital requirements

Registered office of Kesar India 
Survey No 97/3,4,8, 96/1, Cronos Holding,
Western Express Highway, Kashimira,
Thane – 401107, Maharashtra, India.
Company Secretary and Compliance Officer:Mr. Shekhar Kapoor

Lead Manager of Kesar India IPO
FINSHORE MANAGEMENT SERVICES

SME IPO Financial & Analytical Ratios#
Earnings per Share 2019-20 Rs (1.00)
Earnings per Share 2020-21 Rs 65.04
Earnings per Share 2021-22 Rs 7.44
Return on Net Worth: 19-20: (-) 11.11 %
Return on Net Worth: 20-21 : 87.85%
Return on Net Worth: 21-22 : 7.03 %
Book Value of the Share as on 31.03.23 Rs 10.82
Offer Price Rs. 10

IPO Peer Comparison:
There is no listed company having business related to the company

Observation by Paresh Gordhandas ( Research Analyst )

For Guidance : Will be updated soon

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