Kaveri Agritech Ltd. IPO

ClosedSME

Agri-technology

Price band: ₹68 – ₹72
Lot size: 1600
Min. investment: ₹1,15,200
Issue size: ₹48 Cr

Overview

Face value: ₹10
Fresh issue: ₹48 Cr
Offer for sale: ₹0 Cr
Exchange: NSE
Registrar: Kshema Registrars ↗

Quota breakdown

QIB: —
NII: 50%
Retail: 50%
Employee: —

Important dates

Bid opened	1 Sept 2026
Bid closed	3 Sept 2026
Basis of allotment	8 Sept 2026
Listing date	10 Sept 2026

Subscription status

Day	NII	Retail	Total
Day 1	3.10x	4.60x	—
Day 3	18.40x	22.10x	20.30x

Grey market premium (GMP)

Grey market premium reflects unofficial, informal trading sentiment ahead of listing — it is not published or verified by any exchange or regulator, and it is not a prediction of the listing price.

Date	GMP	Est. listing price
9 Sept 2026	+₹12	₹84

Financials

(₹ Cr)	FY24	FY25
Revenue	₹38.2 Cr	₹51.6 Cr
Profit after tax	₹4.1 Cr	₹6.8 Cr
Total assets	₹62.5 Cr	₹78.9 Cr
Net worth	₹28.3 Cr	₹36.4 Cr

Promoters

Name	Pre-issue holding	Post-issue holding
Lakshmi Narasimhan	52.3%	44.6%

Objects of the issue

Purchase of IoT sensor manufacturing equipment₹22 Cr
Working capital requirements₹18 Cr
General corporate purposes₹8 Cr

Strengths

Recurring SaaS revenue from farm-management subscriptions
Early mover in IoT soil-sensor hardware for mid-size Indian farms

Risks

Limited operating history as a listed-scale company
Dependent on continued farmer adoption of paid software subscriptions

About the company

Kaveri Agritech Ltd.Agri-technology

Fictional company (seed data). Builds farm-management software and IoT soil sensors for mid-size Indian farms.

Company website ↗

Frequently asked questions

Is the Kaveri Agritech IPO a mainboard or SME issue?

It's an SME IPO, listed on the NSE SME platform, with a lot size of 1,600 shares.