Raghuvansh Agrofarms is all set to hit the capital markets, through BSE SME Platform, with an initial public offering IPO of 36,00,000 equity shares of Rs 10 each aggregating upto Rs 3.96 crore. The issue will open for subscription on January 9, 2015 at a fixed price of Rs 11 per share, while the public issue will close for subscription on January 13, 2015.
The company is broadly engaged in cultivation of organic vegetables, organic grains and cereals. The company has an integrated facility for cultivation, processing and distribution of agricultural produce. Apart from the above, the company is also engaged in dairy farming and production and distribution of dairy products.