KN Agri Resources Limited IPO (KN Agri IPO)

KN Agri Resources IPO 2022
Upcoming KN Agri Resources IPO | New KN Agri Resources IPO

KN Agri Resources is an agro-based company, involved in the business of solvent extraction & oil refining and trading of various agro-commodities.

KN Agri customers include agri-commodities dealers, trade houses, export houses, and FMCG Companies such as Adani Wilmar Limited, Cargill India, Bunge India, and Ruchi Soya.

KN Agri offers a wide range of processed and manufactured products including soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake. Company trade in various agro commodities such as maize, gram, pulses, sugar, soybean, wheat, etc.

KN Agri has three plants located in Khandwa and Itarsi in Madhya Pradesh. These plants include three solvent extraction plants, two oil refineries, and one flour mill.

Company market its products to around 15 states in India of which the majority portion of the revenue comes from the state of Madhya Pradesh, Gujarat, West Bengal, and Maharashtra.

Competitive Strengths

  1. Wide Range of Products
  2. ISO certified company with consistent and standardized product quality
  3. Huge in-house manufacturing capabilities
  4. Strategic location of manufacturing units

Company Promoters

  1. Vijay Shrishrimal;
  2. Sanjay Shrishrimal;
  3. Dhirendra Shrishrimal;
  4. N.Resources Private Limited;
  5. Anant Trafina Private Limited and
  6. Anant Counter Trade Private Limited

Company Financials

ParticularsFor the year/period ended (Rs in Lakh)
Total Assets20,189.4319,255.0714,835.3019,466.14
Total Revenue59,467.46130,119.3485,319.66129,246.84
Profit After Tax1,683.922,618.931,320.672,140.47

Objects Of The Issue

The proceeds of the Issue to meet the following objects:

  1. To meet Working Capital requirements
  2. General Corporate Purpose
  3. To meet issue expenses

KN Agri IPO Details

IPO Opening DateMar 15, 2022
IPO Closing DateMar 17, 2022
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹71 to ₹75 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME
Issue Size6,584,000 Eq Shares of ₹10
(aggregating up to ₹49.38 Cr)
Fresh Issue6,584,000 Eq Shares of ₹10
(aggregating up to ₹49.38 Cr)
QIB Shares OfferedNot more than 50%
Retail Shares OfferedNot less than 35%
NII (HNI) Shares OfferedNot less than 15%

KN Agri IPO Tentative Timetable

IPO Open DateMar 15, 2022
IPO Close DateMar 17, 2022
Basis of Allotment DateMar 23, 2022
Initiation of RefundsMar 24, 2022
Credit of Shares to Demat AccountMar 25, 2022
IPO Listing DateMar 28, 2022

KN Agri IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

KN Agri IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.66%

KN Agri IPO Prospectus

Company Contact Information

KN Agri Resources Limited

KN Building, Subhash Road,
Raipur 492001


KN Agri IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270


When KN Agri IPO will open?

The KN Agri IPO dates are 15 March 2022 To 17 March 2022
What is the lot size of KN Agri IPO ?

KN Agri IPO lot size and the minimum order quantity is 1600 Shares.
How to apply for KN Agri IPO ?

You can apply in KN Agri 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.
When is KN Agri IPO listing date?

The KN Agri IPO listing date is announced. The date of KN Agri IPO listing is [28 March 2022].
Previous articleSP Refactories Limited IPO (SP Refactories IPO)
Next articleSwaraj Suiting Limited IPO (Swaraj Suiting IPO)