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KN Agri Resources

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.

₹71 - ₹75Open
Listed Price153.65
Listing Gain+104.87%
TimelineBookbuilding IPO
Open15 Mar 2022
Close17 Mar 2022
Allotment23 Mar 2022
Listing28 Mar 2022

Quota Reservation Portions

Market MakerPortion: 3,32,800 shares
5.05%
QIBPortion: 31,23,200 shares
47.44%
Nii (hni)Portion: 9,39,200 shares
14.26%
RetailPortion: 21,88,800 shares
33.24%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,20,000
HNI2 lots / 3,200 shares
₹2,40,000

About the Company

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.

Company Promoters

Mr. Vijay ShrishrimalMr. Sanjay ShrishrimalMr. Dhirendra ShrishrimalK.N.Resources Private LimitedAnant Trafina Private LimitedAnant Counter Trade Private Limited