Godrej Agrovet Limited IPO
Godrej Agrovet Limited was a mainboard IPO in the Animal Feed sector, offered at ₹450–₹460 per share to raise ₹592 crore. The issue was subscribed 95.41× overall (QIBs 150.96×, NIIs 236.04×, retail 7.67×). It listed on 16 Oct 2017 at ₹616 and closed its first day at ₹596, a listing gain of +29.5% versus the ₹460 issue price. It now trades around ₹553 (+20.3% versus the issue price).
Frequently asked questions
- How many times was the Godrej Agrovet Limited IPO subscribed?
- The Godrej Agrovet Limited IPO was subscribed 95.41× overall — 150.96× in the QIB category, 236.04× among non-institutional investors, 7.67× in retail.
- What were the Godrej Agrovet Limited IPO listing gains?
- Godrej Agrovet Limited listed on 16 Oct 2017 at ₹616, closing its first day at ₹596 — a listing gain of +29.5% versus the ₹460 issue price.
- What were the retail allotment odds for the Godrej Agrovet Limited IPO?
- Retail was subscribed 7.67×, so a single-lot application had roughly a 13% chance of allotment (about 1 in 8), and allotment was finalised on 10 Oct 2017.
- What was the price band and lot size of the Godrej Agrovet Limited IPO?
- The price band was ₹450–₹460 per share, with a minimum lot of 32 shares (₹14,720 at the upper band).
- Who were the registrar and lead manager for the Godrej Agrovet Limited IPO?
- Karvy Computer Share Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.