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PROVSME / NSEListed

Proventus Agrocom Limited

Incorporated in 2015, Proventus Agrochem Limited is an integrated health food brand offering a wide range of dry fruits, nuts, seeds, berries, and healthy snacking products. Operating with a “farm to homes” business model, the company aims to create expertise across the value chain, from origination to distribution, filling the gap in India’s healthy snacking segment. Its products are marketed under the brand “ProV” and include almonds, pistachios, cashews, walnuts, raisins, and other nuts, dry fruits, seeds, and berries. The company also operates through its subsidiaries, Prov Foods Private Limited and Proventus Retail Private Limited.

₹771 - ₹7712.75x sub
Listed Price821.00
Listing Gain+6.49%
TimelineFixed Price IPO
Open24 May 2023
Close26 May 2023
Allotment01 Jun 2023
Listing05 Jun 2023

Quota Reservation Portions

RetailPortion: 4,28,450 shares
47.5%
Nii(hni)Portion: 4,28,450 shares
47.5%
Market MakerPortion: 45,100 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 160 shares
₹1,23,360
HNI2 lots / 320 shares
₹2,46,720

About the Company

Incorporated in 2015, Proventus Agrochem Limited is an integrated health food brand offering a wide range of dry fruits, nuts, seeds, berries, and healthy snacking products. Operating with a “farm to homes” business model, the company aims to create expertise across the value chain, from origination to distribution, filling the gap in India’s healthy snacking segment. Its products are marketed under the brand “ProV” and include almonds, pistachios, cashews, walnuts, raisins, and other nuts, dry fruits, seeds, and berries. The company also operates through its subsidiaries, Prov Foods Private Limited and Proventus Retail Private Limited.

Company Promoters

Durga Prasad JhawarDeepak Kumar AgrawalShalin Sanjiv KhannaShree JMD Investment Advisors LLP