31 Mar 2020
Assets89.37
Total Income900.89
Profit After Tax-21.90
NET Worth56.64
Reserves and Surplus47.31
Total Borrowing17.29
At a glance
Updated 2026-08-23The shares listed at ₹821.00, a 6.49% move from the issue price. Proventus Agrocom is a SME IPO with an issue size of ₹69.54 crore, proposed for listing on NSE SME. The offer opens on 24th May 2023 and closes on 26th May 2023. The issue structure includes a fresh issue of ₹48.31 crore and an offer-for-sale component of ₹17.74 crore. The current listing schedule points to 5th Jun 2023.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹69.54 Cr
Fresh issue₹48.31 Cr
Offer for sale₹17.74 Cr
Face value₹10
Price band—–—
Allotment31st May 2023
Listing5th Jun 2023
Listing performance
Full performance ↗Issue price₹771.00
Listing price₹821.00
Current price—
Listing gain6.49%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹14.00
GMP / upper priceNO DATA
Est. listing₹785.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th May 2023
Closes26th May 2023
Allotment31st May 2023
Refund1st Jun 2023
Demat2nd Jun 2023
Listing5th Jun 2023
Subscription demand
Full bidding ↗Total2.61×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 160 | — |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements of the Company | ₹9.91 Cr |
| Funding working capital requirements of material subsidiary namely, Prov Foods Pvt.Ltd. | ₹29.86 Cr |
| General Corporate Purposes | ₹10.78 Cr |
| Total | ₹50.55 Cr |
Financials
Full financials ↗31 Mar 2021
Assets88.43
Total Income301.74
Profit After Tax1.88
NET Worth58.45
Reserves and Surplus49.12
Total Borrowing29.41
31 Mar 2022
Assets101.31
Total Income404.35
Profit After Tax1.14
NET Worth59.67
Reserves and Surplus50.34
Total Borrowing34.44
31 Dec 2022
Assets97.35
Total Income319.10
Profit After Tax1.90
NET Worth61.67
Reserves and Surplus52.35
Total Borrowing30.61
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2022 |
|---|---|
| ROE | 2% |
| ROCE | 4% |
| Debt / Equity | 0.56% |
| RoNW | 1.91% |
Valuation & shareholding
Pre-IPO EPS4.14
Pre-IPO P/E186.23
Promoter holding pre92.29%
Promoter holding post70.84%
Market cap₹264.27 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager's fees (including underwriting commission) | ₹0.26 Cr |
| Brokerage, selling commission and upload fees | ₹0.01 Cr |
| Fees payable to Legal Advisors to the Legal Chapters | ₹0.04 Cr |
| Fees payable to Registrar to the Offer | ₹0.01 Cr |
| Listing fees, upload fees, NSE processing fees and other regulatory expenses | ₹0.07 Cr |
| Printing and distribution of stationery | ₹0.03 Cr |
| Advertising and Marketing expenses | ₹0.04 Cr |
| Miscellaneous (market making, depositories, Industry Report, secretarial, auditor, stamp duty on allotment, etc.) | ₹1.26 Cr |
| Total | ₹1.71 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Sundae Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.