Overview
Updated 12 days agoQuanto Agroworld Limited is an agricultural company focused on the cultivation and processing of medicinal and aromatic plants, specifically lemongrass. The company operates through two business verticals and is currently expanding its production capacity and farmland holdings.
The red bar is the price band. GMP-implied price is an unofficial grey-market number, not a forecast.
How much to apply
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2,000 | ₹1,34,000 |
| bNII (min) | 8 | 16,000 | ₹10,72,000 |
At the upper band. The amount is blocked in your bank account through UPI, not paid, until allotment.
Final subscription
As of 31 Oct, 16:42 ISTTimes the shares on offer were bid for, by investor category. Above 1x means the category is fully booked.
Listing performance
Latest price updated 5 hr ago.
Issue details
| Status | Listed |
| Exchange | BSE |
| Segment | SME |
| Sector | Agriculture |
| Price band | ₹67 |
| Final issue price | ₹67.00 |
| Face value | ₹10 per share |
| Lot size | 2,000 shares |
| Minimum investment | ₹1,34,000 |
| Issue size | ₹31.00 Cr |
| Fresh issue | ₹33.50 Cr |
| P/E at upper band | 13.0x |
| Registrar | MUFG INTIME INDIA PRIVATE LIMITED |
| NSE symbol | QAL |
| ISIN | INE0OAB01019 |
Fresh issue vs offer for sale
Company & business
Incorporated in 2018, Quanto Agroworld Limited is engaged in the agricultural sector, primarily focusing on the cultivation of medicinal and aromatic plants (MAPs) and the production of essential oils. The company operates two main business verticals: essential oil and lemongrass. It manages its operations through a combination of owned and leased farmland, with a significant portion of its land under an arrangement with the Maharashtra State Farming Corporation Limited. The company processes its agricultural produce into value-added products and supplies them to a B2B customer base. Headquartered in Mumbai, the company is currently scaling its operations by establishing a new distillation plant and expanding its total cultivated land area.
Objects of the issue — how the money will be used
- Capital Expenditure for Distillation Plant at Ravalgaon, Maharashtra (₹4.48 Cr)
- Capital Expenditure for expansion and Development of Farms (₹16.45 Cr)
- Prepayment or repayment of certain outstanding borrowings (₹3.75 Cr)
- General Corporate Purpose
Key strengths
- Experienced promoters and management team
- End-to-end execution capabilities
- Long-term relationships with clients
- Scalable business model
Key risks
- Inability to collect trade receivables in a timely manner
- Significant portion of purchases from a related party
- Dependence on weather patterns and climate-related factors
- Negative cash flows from investing and financing activities in certain periods
- Revenue concentration with a limited number of customers
- Risks associated with identifying and securing additional farmland
- Trademark registered in the name of a director rather than the company
Promoters
Surendra Kumar Babulal Agarwal, Sangeeta Surendra Agarwal
Decoded from the DRHP with AI on 01-Nov-2026. Check the offer document before you apply.
Financials (restated, ₹ crore)
| Period | Revenue | Expenses | Profit after tax | Assets | Net worth | Borrowings |
|---|---|---|---|---|---|---|
| FY23 | 12.07 | -- | 2.07 | 18.54 | 13.86 | 2.96 |
| FY24 | 15.55 | -- | 5.37 | 24.82 | 19.01 | 3.70 |
| FY25 | 16.49 | -- | 6.63 | 33.40 | 25.62 | 5.30 |
| H1 FY26 | 11.29 | -- | 4.37 | 36.40 | 29.97 | 5.13 |
Key performance indicators · FY25
Peers & valuation
Listed peers as chosen by the issuer in the offer document (Basis for Issue Price).
| Company | Revenue (₹ Cr) | EPS (₹) | P/E | RoNW % | NAV (₹) |
|---|---|---|---|---|---|
| Quanto Agroworld Limited this issue | 16.5 | 5.16 | 13.0x | 25.88 | 19.93 |
| Oriental Aromatics Limited | 928.0 | -- | -- | 6.90 | -- |
| S H Kelkar and Company Limited | 21.2 | -- | -- | 5.76 | -- |
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Offer documents and the issuer, exchange, registrar and SEBI pages for this issue.