
Agriculture & Allied Activities · NSE
Incorporated in 1987, KN Agri Resources is an agro-based company engaged in solvent extraction, oil refining, and trading of a wide range of agro-commodities, serving customers such as agri-commodity dealers, trade houses, export houses, and FMCG companies including Adani Wilmar, Cargill India, Bunge India, and Ruchi Soya. The company offers a diversified product portfolio comprising soya de-oiled cake, HiPro soya meal, soya refined and crude oil, degummed oil, soya lecithin, acid oil, soya husk, cottonseed oil, refined rapeseed oil, and rapeseed de-oiled cake, while also trading commodities like maize, gram, pulses, sugar, soybean, and wheat. KN Agri operates three plants in Khandwa and Itarsi, Madhya Pradesh, housing three solvent extraction units, two oil refineries, and one flour mill, and markets its products across around 15 Indian states, with major revenues coming from Madhya Pradesh, Gujarat, West Bengal, and Maharashtra.
Price Band
₹71 – ₹75
Issue Size
₹49.38 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹75
at current GMP
Subscribed
—
Open
15 Mar 2022
Close
17 Mar 2022
Allotment
23 Mar 2022
Refund
24 Mar 2022
Demat Credit
25 Mar 2022
Listing
28 Mar 2022
Designated Registrar: Link Intime India Private Limited
Allotment Date
23 Mar 2022
Basis finalization
Refunds Initiate
24 Mar 2022
Mandate release
Demat Credit
25 Mar 2022
Shares in demat
Listing Debut
28 Mar 2022
Trading begins
KN Agri Resources is bringing an initial public offering (IPO) in the Agriculture & Allied Activities sector with an aggregate issue size of ₹49.38 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-03-17, the basis of allotment is scheduled to be finalized on 2022-03-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.