KPR Agrochem Limited – an agri-input Company focused on manufacturing, distribution and retailing of a wide range of crop is planning to raise INR 280.80 Cr via IPO [Fresh Issue (INR 210 Cr) and Offer for Sale (INR 70.80 Cr to INR 73.20 Cr)]
KPR Agrochem Limited: Company Profile
Incorporated in the year 2007, Andhra Pradesh based KPR Agrochem Limited (a part of the KPR group companies) is engaged in manufacturing, retailing and distribution activities of agriculture output enhancing and crop yield protection products.
Also Read: Indiamart Intermesh Limited IPO Recommendation
KPR Agrochem: Product Portfolio
The Company offers a wide range of product across the agri-value chain viz., from seeds to crop nutrients products to crop protection products and also veterinary feed supplements.
kpr agrochem product list:
-
Crop Protection Products (installed capacity of 21,560 MTPA) – registrations of 156 formulations from CIB;
-
Crop Nutrient Products (installed capacity of 555,000 MTPA) – single super phosphate, 11 grades of NPK mixture fertilizers, micro nutrients and bio products;
-
Seeds (installed capacity of 15,000 MTPA) – 83 variety of seeds spanning various field and vegetable crops for which we have received centralised seed license certification for marketing and/or research and trial marketing;
-
Veterinary Feed Supplements (installed capacity of 32,400 MTPA) – di-calcium phosphate for animal feed and also for use in pharmaceutical industry; and
-
Sulphuric Acid – production of sulphuric acidand sulphuric acid based chemicals like LABSA and oleum for variety of industrial applications including agrochemicals, pharmaceuticals, etc.
Branded Products Offered By The Company
FAST,
MOTOX – 10G, S
AMRAT ATRAZINE 50% WP,
MEGA IMIDA,
ABHAYA CAL MIX,
APURVA SEEDS,
AJAY (14-35-14) and
AJAY (20-20-0)
Manufacturing Facilities & Depos
-
KPR Agrochem Limited has three manufacturing units located at Balabhadrapuram (Godavari district), Biccavolu (Godavari district), and Koppal district (Karnataka).
-
The Company’s seed processing unit is located in Warangal district, Telangana which is operated under our wholly-owned subsidiary Sri Sai Swarupa Seeds Private Limited.
-
The company has 9 depots at different locations for easy connectivity with nearly 8000 dealers across India.
-
KPR Agrochem also has a chain of Kisan Seva Kendras to directly connect to end customers.
Company Strength
-
Wide agri-input product portfolio with presence across the agri-value chain enabling diversification of revenue risk
-
Strong and growing distribution network
-
Material sourcing capabilities
-
Certified manufacturing facilities
-
Experienced management team
Company Promoters
-
Papa Reddy Kovvuri (81years) is the Chairman and Whole-time Director and a Promoter of our Company. He has experience of over four decades in the agricultural
-
Venkata Mukunda Reddy Karri (56years) is the Managing Director and a Promoter of our Company. He has experience of over two decades in the business of agrochemical industry and related business.
-
Rajasekhar ReddyKovvuri (40years) is the Whole time Director and Executive Directorand a Promoter of our Company. He has experience of over a decade in the business of chemical, agrochemical and other related industry.
-
Venkateswara Rao Gannamani (42 years) is the Non-Executive, Independent Director of our Company.
-
Cresco Technology LLP
IPO Details – Price, Minimum Bid and Other
KPR Agrochem – Financials
CONCLUSION –
Considering the company’s valuation and financial parameters, FinBlab recommends AVOID ratings on KPR Agrochem Limited IPO
If you like this article, maybe your friends will too. Why not share it?
Also Read
Value Pick Stock June 2019 : Apex Frozen Foods Limited
Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.