KN Agri IPO subscription is to start from March 15, 2022, Tuesday. The company to raise ₹49.38 crores via SME IPO at a price band of ₹71 to 75. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on March 17, 2022, Thursday. The IPO bid for the IPO is 1600 shares that cost ₹120,000 for 1 lot. The face value is ₹10 per equity share. KN Agri Resources is an agro-based company since 1987. They are into the production of edible oils, animal feed ingredients, soy value-added products, and the supply chain of Agri commodities. They rank among the top 5 soybean processors in India. The company has 3 plants located in Madhya Pradesh, comprising of three solvent extraction plants, two oil refineries, and one flour mill. The company has a good client base. The company reported ₹1301 crores of revenues in 2021 against ₹853 crores in 2020. The company’s financial report looks good while profit is on a higher side for last few years. Please check the KN Agri IPO details over here.
IPOWatch View
We recommend investors may apply for an IPO with short term & long-term views. Investors should also look at the Retail and HNI numbers before investing. You can check the KN Agri IPO allotment status here.
KN Agri IPO Subscription Status (Live Update – Day 1)
| Category | Day 1 | Day 2 | Day 3 |
| NII | – | – | – |
| RII | – | – | – |
| Total | – | – | – |
KN Agri IPO Investor Categories
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
KN Agri IPO Date & Price Band
| IPO Open: | 15 March 2022 |
| IPO Close: | 17 March 2022 |
| IPO Size: | Approx ₹49.38 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹71 – ₹75 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
KN Agri IPO Market Lot
The KN Agri IPO minimum market lot is 1600 shares with ₹120,000 application amount.
| IPO Lot Size: | Minimum 1600 Shares for 1 lot |
| Minimum Amount: | ₹120,000 for 1 lot |
KN Agri IPO Time Table, Allotment & Listing
The KN Agri IPO date is 15 March 2022 and the IPO close date is 17 March 2022. The allotment date is 23 March 2022 and the IPO may list on 28 March 2022.
| IPO Open Date: | 15 March 2022 |
| IPO Close Date: | 17 March 2022 |
| Basis of Allotment: | 23 March 2022 |
| Refunds: | 24 March 2022 |
| Credit to Demat Account: | 25 March 2022 |
| IPO Listing Date: | 28 March 2022 |
KN Agri IPO Subscription FAQs:
When KN Agri IPO Subscription will start?
The IPO subscription starts on 15 March 2022 for NII and Retail Investors.
How much is KN Agri IPO subscribed?
The IPO subscribed -x times on day 1.
What is KN Agri IPO Retail subscription status?
The RII subscription is -x on day 1.
How to subscribe KN Agri IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live KN Agri IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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