Quanto Agroworld Limited
smelistedAbout the company
Quanto Agroworld, incorporated in the year 2018, is into the cultivation, processing, and supply of Medicinal and Aromatic Plants (MAPS) in India, where lemongrass is their main product. It is a vertically integrated specialty ingredient manufacturer that operates from land preparation through cultivation, on-site steam distillation, packaging and dispatch of the products mainly for institutional customers. The land base of the company consists of lands leased by MSFCL (Maharashtra State Farming Corporation Limited) and covers approximately 737 acres spread around Ravalgaon in Maharashtra, of which 424 acres are ready and cultivated lands, whereas 312.57 acres are being developed on a phased basis. Apart from this, the company's subsidiary, QAPL, has leased about 165.33 acres of private agricultural land. Manufacturing and processing activities are located in a factory at Nashik covering an area of about 20 gunthas (0.50 acres) consisting of steam distillation equipment and related facilities. At present, the company has an installed essential oil processing capacity of about 11.25 MTPA certified. Essential oil processing capacity utilisation decreased to about 41.9% in FY26 compared to 85.9% in FY24. The company generates income through lemongrass biomass (chunks), lemongrass tea-cut, and lemongrass essential oil. Post-distillation biomass is used as compost or boiler fuel on the principle of zero waste. In terms of products, "Other Products" turned out to be the highest contributor in FY26, generating an income of 53.9%, followed by Grass/Biomass with 43.2%, while Essential Oil generated an income of 2.8%. The contribution of Maharashtra was 99.2% of income in FY26, while that of Gujarat was 0.7% in FY26.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 16 Sep | ₹0 | ₹67 | 0 |
| 15 Sep | ₹0 | ₹67 | 0 |
| 14 Sep | ₹0 | ₹67 | 0 |
| 13 Sep | ₹0 | ₹67 | 0 |
| 12 Sep | ₹0 | ₹67 | 0 |
| 11 Sep | ₹0 | ₹67 | 0 |
| 10 Sep | ₹0 | ₹67 | 0 |
| 09 Sep | ₹0 | ₹67 | 0 |
Strengths
- Integrated farm-to-processing business model with control across the value chain
- Experienced promoters and management team
- Long-term relationships with pharmaceutical, FMCG and fragrance industry customers
- Scalable cultivation and processing operations
- Reduced dependence on external raw-material suppliers through captive cultivation
- Efficient use of cultivation and distillation by-products as compost, boiler fuel and biomass inputs
- Strong improvement in revenue and profitability in the latest financial year
Risks
- High dependence on a limited number of major customers
- Significant exposure to adverse weather, irregular monsoons, droughts and other climate-related risks
- Revenue is concentrated in Maharashtra and Gujarat
- Collection delays from customers could put pressure on cash flows
- Dependence on related-party suppliers creates vendor concentration risk
- Cultivation and processing operations use leased or unowned land
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed15 Sept 2026Bidding starts for all investor categories
IPO Closes
Completed17 Sept 2026Last day to place your bid
Basis of Allotment
Completed18 Sept 2026Share allotment finalised
Refund Initiation
Completed21 Sept 2026Refunds credited for non-allottees
Credit to Demat
Completed21 Sept 2026Allotted shares credited to demat account
Listing on Exchange
Completed22 Sept 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹134,000 | 1 | ₹134,000 | 1 lot only |
| HNI | 2 | 4000 | ₹268,000 | 2 | ₹268,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,313,433 | 15.5 | 0 | 0.00x | 100% |
| NII | 15% | 694,030 | 4.65 | 0 | 0.00x | 100% |
| Retail | 35% | 1,619,403 | 10.85 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
