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General public applies for 26m shares in Agro Processors & Atmospheric Gases IPO

Mettis Global • • 1 min read

General public applies for 26m shares in Agro Processors & Atmospheric Gases IPO

Retail demand for the initial public offering of Agro Processors & Atmospheric Gases Limited ran well ahead of the offered volume, according to Mettis Global. A total of 7,876 applications sought 26.625 million shares against an issue size of 14,512,385 shares. The subscription window was held on September 3 and 4, 2026, and the figures were compiled by CDC Share Registrar Service Limited as of September 7.

Demand was spread across five application brackets, with the total value reaching Rs878,625,000. The largest share came from requests above 2,000 shares, which accounted for 711 applications seeking 19,967,500 shares worth Rs658,927,500. KTrade Securities issued the letter on the company's behalf, and the notification was disseminated to the Exchange.

Requests for up to 2,000 shares will be filled in full, while larger requests will be allotted pro-rata. The 500-share bracket drew 3,614 applications, the 1,000-share bracket 1,992, the 1,500-share bracket 519 and the 2,000-share bracket 1,040. Allocation remains subject to scrutiny, and the figures are based on data up to September 7.

At a glance

  • Applications totalled 7,876 for 26.625 million shares against an issue size of 14,512,385 shares.
  • Applications were valued at Rs878,625,000 across all categories.
  • Requests up to 2,000 shares will receive full allocation, with larger ones allotted pro-rata.

Stocks in this story

Sectors:Food & Personal Care Products

Originally reported by Mettis Global

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