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Let’s have a detailed review of the company and analytics of the Healthy Life Agritec IPO release date, IPO offer price, subscription, Healthy Life Agritec Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face Value Rs 10
Price Band Rs 10
Listing At BSE, SME
Min. Order Quantity 10000 Shares
Listing Date Jul 26, 2022
Offer for Sale Rs Lakhs
Fresh Issue Rs 1000 Lakhs
IPO Size Rs 1000 Lakhs
Tick Size 1

Healthy Life Agritec IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Healthy Life Agritec IPO – Summary

Healthy Life Agritec IPOTheir Company was originally incorporated as a Private Limited Company in the name of “Tiff Care Industries Private Limited” on November 08, 2019 under the provisions of the Companies Act, 2013 bearing Corporate Identification Number U52520MH2019PTC332778 issued by the Registrar of Companies – Maharashtra at Mumbai.

Subsequently, name of their company changed to “Healthy Life Agritec Private Limited” vide a fresh certificate of incorporation dated April 22, 2020 issued by Registrar of Companies – Mumbai.

Further, their company was converted into Public Limited Company under the provisions of the Companies Act, 2013 and the name of their Company was changed to “Healthy Life Agritec Limited” vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated March 08, 2022 bearing Corporate Identification Number U52520MH2019PLC332778 issued by the Registrar of Companies – Mumbai.

Healthy Life Agritec IPO Date

The opening and the closing date of Healthy Life Agritec IPO are Jul 13, 2022 and Jul 18, 2022 Respectively.

Healthy Life Agritec IPO Subscription

Day / Date NII RII Total Subscription
1st Day – 13th Jul 0.83x 0.90x 0.87x
2nd Day –  14th Jul 0.86x 1.68x 1.27x
3rd Day – 15th Jul 0.90x 2.81x 1.85x
4th Day – 18th Jul
Shares Offered or Net Issue 4,750,000 4,750,000 9,500,000

The shares subscribed by the public will be updated here.

Healthy Life Agritec IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Healthy Life Agritec Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization Jul 21, 2022
Refunds Initiation Jul 22, 2022
Credit of Shares to Demat Account Jul 25, 2022
Share Listing Date Jul 26, 2022

Healthy Life Agritec IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.10

Healthy Life Agritec IPO Equity Size

This Initial Public Issue of 10,000,000 Equity Shares of Rs.10 each for cash at a price of Rs.10 per equity share aggregating to Rs.1000 Lakhs.

Healthy Life Agritec IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 10,000,000 Equity Shares of Rs.10/ each.

Issue Size: 10,000,000 Equity Shares of Rs.10 each, aggregating to Rs.1000 Lakhs

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    Healthy Life Agritec IPO – Live Performance

    The listing date of this IPO is Jul 26, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Healthy Life Agritec Share Price

    Healthy Life IPO Grey Market Premium

    The Healthy Life Agritec Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 

    Healthy Life Agritec IPO – Company Overview

    Healthy Life Agritec Limited incorporated in the month of November 2019, is engaged in the business of trading of Raw Milk in the state of Maharashtra and Live Chicken and Agro Products in the state of Maharashtra and Karnataka. They procure raw cow milk from milk farmers in the State of Maharashtra, a significant cow milk producing region in India.

    Their direct procurement model enables them to control costs and ensure quality of the raw milk procured by them. They have engaged procurement partners, to co-ordinate the milk procurement process with milk farmers and supply Raw milk to milk wholesalers in the state of Maharashtra.

    In addition to Raw Milk, they also procure Poultry from Poultry Growers in the state of Maharashtra and Karnataka and supply poultry to Chicken Wholesalers in the state of Maharashtra and Karnataka. During 2021-22, Their Company has sold 39.20 Lakhs litres of raw Cow Milk and 7.69 Lakhs Kgs of Live Chicken which contributes approximately 60.05% and 39.95% of total revenue of their Company

    Healthy Life Agritec IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Rs.)
    Total Assets 14,82,54,114
    Total Revenue 33,96,05,045
    Total Expense 32,78,12,962
    Profit After Tax 82,83,043

    Earnings per Equity Share (in Rs.)

    Basic & Diluted Rs. 7.44


    Further, their PAT for the period ended on Mar 31 2022 is 82,83,043 respectively.

    Healthy Life Agritec IPO – Promoters

    The Promoter of this company is:


    List of Related Parties (Key Managerial Personnel)

    • Ms. Divya Mojjada, Managing Director
    • Mr. Mohammed Sadiq, Non-Executive Director
    • Mr. Anil Kumar Vijay, Independent Director
    • Mr. Pushpangathan Udayakumar, Independent Director

    Healthy Life Agritec IPO – Promoters Holding

    • Pre Issue Share Holding – 100%
    • Pos Issue Share Holding – 54.57%

    Healthy Life Agritec IPO Offer Details or Issue Details

     Particulars  No. Of Equity Shares
     Equity Shares Offered  Up to 1,00,00,000 Equity Shares aggregating up to Rs.1,000.00 Lakhs.
    of which:
    Issue Reserved for the Market Makers Up to 5,00,000 Equity Shares aggregating up to Rs.50.00 Lakhs.
    Net Issue to the Public Up to 95,00,000 Equity Shares aggregating up to Rs.950.00 Lakhs
    Of which:
    Retail Investors Portion Not less than 47,50,000 Equity Shares
    Other than Retail Individual Investors Not more than 47,50,000 Equity Shares
     Equity Shares outstanding prior to the Issue 1,20,12,000 Equity Shares
     Equity Shares outstanding after the Issue 2,20,12,000 Equity Shares

    Healthy Life IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. To meet the working capital requirements
    2. To meet the Issue Expenses
    3. General Corporate Purposes

    Healthy Life Agritec IPO – Business Strategy

    • Focus on Increase in Volume of Sales
    • Reduction of operational costs and achieving efficiency
    • Quality Assurance
    • Leverage and enhance their goodwill in the market
    • Leveraging their Market skills and Relationships

    Healthy Life IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Established and proven track record;
    • Leveraging the experience of their Promoters;
    • Experienced management team and a motivated and efficient work force;
    • Cordial relations with their customers
    • Quality Assurance & Control

    The relevant quantitative factors are:

    Basic & Diluted EPS RONW (%) NAV (Rs.)
    31-Mar-22 Rs. 7.44 7.03 10.82
    31-Mar-21 Rs. 65.04 87.851
    Mar-20 Rs. (1.00) 11.11

    Healthy Life Agritec IPO: Competitive Peers

    Face Value (Rs.) P/E EPS  (Rs.) Return on Net Worth (%) Total Income (Rs. in Lakhs)
    Healthy Life Agritec Limited 10 1.34  7.44 7.03  10.82
    Listed Peers

    Healthy Life Agritec IPO Lead Managers

    Lead Managers
    Anandlok’, Block-A, 2nd Floor, Room No. 207, 227 A.J.C
    Bose Road, Kolkata-700020, West Bengal
    Telephone: +91 – 33 – 22895101/46032561
    Email: ramakrishna@finshoregroup.com
    Website: www.finshoregroup.com
    Investor Grievance Email: info@finshoregroup.com
    Contact Person: Mr. S. Ramakrishna Iyengar
    SEBI Registration No: INM000012185
    CIN No: U74900WB2011PLC169377

    Healthy Life Agritec IPO Registrar to offer

    Registrar to the Offer
    “Subramanian Building”, #1, Club House Road,
    Chennai – 600 002, India
    Telephone: +91-44-40020700, 28460390
    Facsimile: +91-44-28460129
    Email: investor@cameoindia.com
    Contact Person: Mr. R.D. Ramasamy, Director
    Website: www.cameoindia.com
    SEBI Registration Number: INR000003753
    CIN No: U67120TN1998PLC041613

    Healthy Life IPO – Other Details

    • Statutory Auditor – M/s. Kapish Jain & Associates, Chartered Accountants,
    • Legal Counsel to the Company – J MUKHERJEE & ASSOCIATES
    • Bankers to the Company –  ICICI Bank Limited

    Healthy Life Agritec IPO Review by Stock Brokers

    Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
    Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
    Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
    Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
    ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
    IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
    Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
    Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
    5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
    Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
    Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10


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      Healthy Life Agritec Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download

      Healthy Life Agritec IPO Review FAQs

      Check out various FAQs related to Healthy Life Agritec IPO:

      What is the Issue Size of Healthy Life Agritec IPO?

      The Company is making an initial public offer of 10,000,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.

      What is the Price band of Healthy Life Agritec IPO?

      The price band for this particular IPO ranges between Rs.10. As far as the face value of the share is of concern, it is Rs.10 per share.

      What is the Healthy Life IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on Jul 13, 2022, while the closing date is set at Jul 18, 2022.

      What is the Healthy Life IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Jul 21, 2022, refund initiation is on Jul 22, 2022, credit of shares is on Jul 25, 2022, and share listing date is on Jul 26, 2022.

      What is the Healthy Life IPO Listing Date?

      Shares of this company shall be listed in the exchanges Jul 26, 2022. The date, when the listing would be done, is stagnant on Jul 26, 2022.

      Who is the Registrar of Healthy Life Agritec IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. CAMEO CORPORATE SERVICES LIMITED. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Healthy Life IPO?

      Here are the promoters of this IPO – Ms. DIVYA MOJJADA AND M/s. CRONOSGLOBAL INVESTMENTS & HOLDINGS PRIVATE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is GMP of Healthy Life Agritec IPO?

      They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Is Healthy Life IPO good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Healthy Life Agritec Company?

      They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Rs. is 82,83,043.

      Calculate your return on investment!

      Asset Class ROI (Rs.) Profit (Rs.) Profit (%)
      Real Estate
      Fixed Deposit
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