IPO

KN Agri Resources to sell 66 lakh shares in SME IPO next week

Economic Times  

KN Agri Resources is coming up with its maiden initial public offer (IPO) on the SME platform of NSE in the first week of March 2022 with an issue of 65,84,000 equity shares of INR 10 each. The company is part of 90-year old KN Group that claims to be the largest exporter of molasses and ranks within the top five in India in rice, sugar and soy processing. The turnover and PAT (profit after tax) of the company in FY21 was INR 1,299 crore and INR 25.84 crore.

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