IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size1,00,00,000 shares (aggregating up to ₹10.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 13 Jul 2022
Subscription CloseMon, 18 Jul 2022
Anchor AllotmentTue, 12 Jul 2022
Basis of AllotmentThu, 21 Jul 2022
Initiation of RefundsFri, 22 Jul 2022
Credit of Shares to DematMon, 25 Jul 2022
Listing DateTue, 26 Jul 2022
UPI Mandate Deadline2022-07-18
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
P/E Ratio (Pre-IPO)26.31x
Net Offer to Public95,00,000 shares (aggregating up to ₹9.50 Cr)
Reserved for Market Maker5,00,000 shares (aggregating up to ₹0.5000 Cr)
Pre-IPO Promoter Holding1,20,12,000 shares
Post-IPO Promoter Holding2,20,12,000 shares
About Healthy Life Agritec Ltd.
Incorporated in 2019, Healthy Life Agritec Limited is engaged in the business of trading Raw Milk, Chicken and Agro Products in the state of Maharashtra and Karnataka. The company has procurement partners, to coordinate the milk procurement process with milk farmers and supply Raw milk to milk wholesalers in the state of Maharashtra.The company sells milk powder, bakery goods, buttermilk, yogurt, butter, cheese, paneer, milk cream, dips, custard, ghee, and juices under the brand name Healthy Life.Healthy Life Agritec also procures poultry from poultry growers in the state of Maharashtra and Karnataka and supplies poultry to chicken wholesalers in the state of Maharashtra and Karnataka. The company's products are certified with ISO 9001:2015.Competitive Strengths:Organisation stability, Rich management experience and skilled team.Smooth flow of operations.Well-defined organizational structure.Existing Supplier Relationship.Quality Policy.Customer Centric Business Model.ISO Certifications.Comprehensive solution for logistics requirement.
Objects of the Issue
Healthy Life Agritec Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements
2
To meet the Issue Expenses
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,20,12,000 shares
Post-IPO Promoter Holding
2,20,12,000 shares