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	{{Short description\|Indian animal feed and agribusiness company}}{{Use dmy dates\|date=July 2018}}		{{Short description\|Indian animal feed and agribusiness company}}
			{{Use dmy dates\|date=July 2018}}
	{{Use Indian English\|date=July 2018}}		{{Use Indian English\|date=July 2018}}
	{{Infobox company		{{Infobox company
	\| name = Godrej Agrovet		\| name = Godrej Agrovet
	\|traded_as = {{BSE\|540743}}<br />{{NSE\|GODREJAGRO}}		\| traded_as = {{BSE\|540743}}<br />{{NSE\|GODREJAGRO}}
	\| industry = [[Agribusiness]]<ref>{{cite web\|title=Godrej Agrovet IPO: ~~Here’s~~ All You Need To Know\|url=https://www.bloombergquint.com/ipos/2017/10/03/godrej-agrovet-ipo-heres-all-you-need-to-know}}</ref>		\| industry = [[Agribusiness]]<ref>{{cite web\|title=Godrej Agrovet IPO: Here's All You Need To Know\|url=https://www.bloombergquint.com/ipos/2017/10/03/godrej-agrovet-ipo-heres-all-you-need-to-know}}</ref>
	\| location = [[Mumbai]], [[India]]		\| location = [[Mumbai]], [[India]]
	\| key_people = [[Nadir Godrej]] (chairman)<ref>{{cite web\|title=Godrej Agrovet IPO to open on Wednesday: Here are 10 things you should know\|url=http://www.moneycontrol.com/news/business/ipo-business/godrej-agrovet-ipo-to-open-on-wednesday-here-are-10-things-you-should-know-2404089.html}}</ref><br /> Balram Yadav (managing director)		\| key_people = [[Nadir Godrej]] (chairman)<ref>{{cite web\|title=Godrej Agrovet IPO to open on Wednesday: Here are 10 things you should know\|url=http://www.moneycontrol.com/news/business/ipo-business/godrej-agrovet-ipo-to-open-on-wednesday-here-are-10-things-you-should-know-2404089.html}}</ref><br /> Balram Yadav (managing director)
			\| subsid = Astec LifeSciences
	\| homepage = {{URL\|http://www.godrejagrovet.com/}}		\| homepage = {{URL\|http://www.godrejagrovet.com/}}
	}}		}}

	'''Godrej Agrovet Limited''' is an Indian [[animal feed]] and [[agribusiness]] ~~company. Godrej Agrovet is a highly diversified company backed by research and development~~. The company ~~holds leading market position in poultry processing~~, ~~animal feed, [[oil palm]] plantations and agri inputs. The company belongs to one~~ of the highly diversified [[Godrej Group]] ~~conglomerate~~.<ref>http://www.livemint.com/2011/01/24184152/Godrej-Inds-Q3-net-jumps-39-b.html?h=B</ref>		'''Godrej Agrovet Limited''' is an Indian company which operates in the [[animal feed]] and [[agribusiness]] sectors. The company, which is part of the highly diversified [[Godrej Group]], had a turnover of around Rs. 3100 Cr (Rs. 31 billion) in FY 2012–13.<ref>{{Cite web\|url=http://www.livemint.com/2011/01/24184152/Godrej-Inds-Q3-net-jumps-39-b.html?h=B\|title = Archives Top and Latest News}}</ref> Godrej Agrovet's chairman is [[Nadir Godrej]].<ref name=":0" />

	== Business lines ==		== Business lines ==
	The animal feed business is India~~'s one of the largest~~, producing over 10,57,000 tons ~~annually~~ of feed and nutrition products ~~for~~ dairy cattle, broiler, layer & aquaculture. ~~Its turnover was around 3100 Cr~~ in ~~2012–13. In~~ 2013 ~~Godrej Agrovet has come up with~~ the biggest manufacturing plant of broiler feed and layer feed in India ~~with~~ a capacity of around 30,~~000 MT/month;~~ this plant ~~is catering the demand of~~ the poultry feed market in North India~~; this automated~~ plant ~~has been~~ installed ~~in Khanna (Ludhiana)~~ by Neotech and ~~Buhler–~~.<ref>[http://www.buhlergroup.com/global/en/industry-solutions/feed/animal-feed.htm#.Un1wYRv7BLM]</ref> ~~Four new~~ automated ~~plants are also being commissioned with more than 15000 ton~~/~~month capacity each in Kharagpur~~, Baramati, Bangalore & Erode ~~to cater the demand~~ of ~~upgrowing market~~ of ~~animal feed in all over India~~.<ref>{{Cite web \|url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|title=Archived copy \|access-date=17 November 2013 \|archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|archive-date=2 December 2013 \|url-status=dead }}</ref> GAVL has also entered Bangladesh through a JV with the ACI Group, where it is rapidly becoming a key player in animal feed and poultry breeding.		===Animal feed===
			The company is one of the biggest players in the animal feed business in India, producing over 10,57,000 tons/year of animal feed and nutrition products. Their products service the dairy cattle, broiler chicken, layer chicken and aquaculture sectors. The major manufacturing facilities are:
			#[[Khanna, Punjab]]. Inaugurated in 2013, the animal feed plant in Khanna is the biggest manufacturing plant of broiler feed and layer feed in India. With a capacity of around 1000 tons/day, this plant caters to the poultry feed market in North India. The plant was installed by Neotech and Buhler.<ref name=":0">{{Cite web \|url=http://www.buhlergroup.com/global/en/industry-solutions/feed/animal-feed.htm#.Un1wYRv7BLM \|title=Archived copy \|access-date=8 November 2013 \|archive-date=2 December 2013 \|archive-url=https://web.archive.org/web/20131202221724/http://www.buhlergroup.com/global/en/industry-solutions/feed/animal-feed.htm#.Un1wYRv7BLM \|url-status=dead }}</ref>
			#[[Kharagpur]]: Highly automated plant of capacity of 500 tons/day. Upcoming, as of 2013.<ref>{{Cite web \|url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|title=Archived copy \|access-date=17 November 2013 \|archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|archive-date=2 December 2013 \|url-status=dead }}</ref>
			#[[Baramati]]: Highly automated plant of capacity of 500 tons/day. Upcoming, as of 2013.<ref>{{Cite web \|url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|title=Archived copy \|access-date=17 November 2013 \|archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|archive-date=2 December 2013 \|url-status=dead }}</ref>
			#[[Bangalore]]: Highly automated plant of capacity of 500 tons/day. Upcoming, as of 2013.<ref>{{Cite web \|url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|title=Archived copy \|access-date=17 November 2013 \|archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|archive-date=2 December 2013 \|url-status=dead }}</ref>
			#[[Erode]]: Highly automated plant of capacity of 500 tons/day. Upcoming, as of 2013.<ref>{{Cite web \|url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|title=Archived copy \|access-date=17 November 2013 \|archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf \|archive-date=2 December 2013 \|url-status=dead }}</ref>
			#GAVL has also entered Bangladesh through a joint venture with the ACI Group, where it is rapidly becoming a key player in both animal feed and poultry breeding sectors.

	~~The company~~ is the ~~one~~ of the ~~largest oil palm developers in India~~. The ~~area under oil palm plantation is more than 55~~,~~000 hectares spread across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Goa, Maharashtra~~, ~~Orissa~~ and ~~Mizoram~~. The company ~~works directly with~~ the ~~farmers for oil palm production~~. ~~Very recently~~ in ~~Mizoram, the company have commissioned a mill, which is the largest private sector~~ in ~~Mizoram~~.		===Poultry farms===
			Godrej Tyson food is the joint venture of Godrej Agrovet with [[Tyson Foods]] of USA. Set up in 2008, the company operates large-scale poultry farms and other meat processing facilities to cater to the Indian meat market. The poultry farms, which are highly automated and modern, manufacture and market packaged processed poultry products in India. The company offers a wide range of packaged products in the brand name of Good Chicken and Yummiez. The manufacturing plants in located in Mumbai and Bangalore.

	~~Godrej Tyson food is the joint venture of Godrej Agrovet with [[Tyson Foods]], U.S.A.~~ The company entered in joint venture in ~~2008 to manufacture~~ and ~~market packaged processed~~ poultry ~~and vegetarian products in India The company offers a wide range of packaged products in the brand name of Good Chicken and Yummiez. The company have manufacturing plants in Mumbai and Bangalore~~.		The company has also entered the poultry sector in Bangladesh in a big way. It has forged a joint venture with the ACI Group, where it is rapidly becoming a key player in both animal feed and poultry breeding sectors.

			===Oil palm plantations===
			The company is the one of the largest oil palm developers in India. The area under oil palm plantation is more than 55,000 hectares spread across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Goa, Maharashtra, Orissa and Mizoram. The company works directly with the farmers for oil palm production. Very recently in Mizoram, the company have commissioned a mill, which is the largest private sector industrial facility in Mizoram.

			===Agri-inputs===
	The agri-inputs business is a niche player in innovative agro-chemicals, with strong market share in plant growth promoters, soil conditioners and cotton herbicide. Godrej Agrovet is the world's largest producers and marketers of Homobrassinolides and also the leader in selective post-emergence cotton herbicides in India and have a 45% market share in the Triacontanol segment.		The agri-inputs business is a niche player in innovative agro-chemicals, with strong market share in plant growth promoters, soil conditioners and cotton herbicide. Godrej Agrovet is the world's largest producers and marketers of Homobrassinolides and also the leader in selective post-emergence cotton herbicides in India and have a 45% market share in the Triacontanol segment.

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	Currently Balram Singh Yadav is heading the business as managing director of the company. Adi Godrej and Nadir Godrej are the chairmen of the Godrej group and Godrej Agrovet respectively. The company have more than 3000 employees and a network of over 10,000 rural distributors/dealers, who works for different business of the company.		Currently Balram Singh Yadav is heading the business as managing director of the company. Adi Godrej and Nadir Godrej are the chairmen of the Godrej group and Godrej Agrovet respectively. The company have more than 3000 employees and a network of over 10,000 rural distributors/dealers, who works for different business of the company.

	== ~~Launch~~ IPO ==		== IPO and stock market listing ==

	Godrej Agrovet launched its IPO on 4 October 2017 and closed on 6 October 2017. Its IPO size was 1157 Crore and got listed on 16 October 2017.		Godrej Agrovet launched its IPO on 4 October 2017 and closed on 6 October 2017. Its IPO size was 1157 Crore and got listed on 16 October 2017.

			== Astec LifeSciences ==
			Astec LifeSciences is a subsidiary of Godrej Agrovet.<ref>{{Cite web \|title=Astec LifeSciences Limited (ASTEC.NS) Company Profile & Facts - Yahoo Finance \|url=https://finance.yahoo.com/quote/astec.ns/profile/ \|access-date=2022-05-06 \|website=finance.yahoo.com \|language=en-US}}</ref> The company's chairman is Nadir Godrej.<ref>{{Cite web \|title=.: Astec LifeSciences Ltd :. {{!}} About - Board Of Directors \|url=http://www.astecls.com/board-of-directors.aspx \|access-date=2022-05-06 \|website=www.astecls.com}}</ref> In 2015, Godrej Agrovet acquired 45.29% of Astec LifeSciences, and by May 2021, Godrej Agrovet owned 62.33% of the company.<ref>{{Cite web \|last=Sanjai \|first=P. R. \|date=2015-08-29 \|title=Godrej Agrovet to buy 45.29% stake in Astec LifeSciences \|url=https://www.livemint.com/Companies/xFdLtSq7txMFNgKflpAlcL/Godrej-Agrovet-to-buy-4529-stake-in-Astec-LifeSciences.html \|access-date=2022-05-06 \|website=mint \|language=en}}</ref><ref>{{Cite news \|last=Capital Market \|first= \|date=2021-05-12 \|title=Godrej Agrovet hikes stake in Astec Lifesciences \|work=Business Standard India \|url=https://www.business-standard.com/article/news-cm/godrej-agrovet-hikes-stake-in-astec-lifesciences-121051200821_1.html \|access-date=2022-05-06}}</ref> The company manufactures [[Active ingredient\|active ingredients]] and [[Reaction intermediate\|intermediates]] for the agrochemicals industry which, as of 2021, comprises approximately 80% of the revenue.<ref name=":1">{{Cite web \|last=Khandekar \|first=Siddhant \|last2=Shah \|first2=Dhavan \|date=21 October 2021 \|title=Astec Lifesciences (ASTLIF) \|url=https://www.icicidirect.com/mailimages/IDirect_AstecLifesciences_StockTales.pdf \|access-date=7 May 2022 \|website=ICICI Direct}}</ref> Rest of the revenue comes from the contract research and manufacturing (CRAMS) segment, in which Astec LifeSciences manufactures key herbicides and fungicides for international companies.<ref name=":1" />

	==References==		==References==
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	[[Category:Animal feed companies of India]]		[[Category:Animal feed companies of India]]
	[[Category:Year of establishment missing]]		[[Category:Year of establishment missing]]
			[[Category:Companies listed on the National Stock Exchange of India]]
			[[Category:Companies listed on the Bombay Stock Exchange]]

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{{Short description|Indian animal feed and agribusiness company}}{{Use dmy dates|date=July 2018}}
{{Use Indian English|date=July 2018}}
{{Infobox company
| name = Godrej Agrovet
|traded_as = {{BSE|540743}}<br />{{NSE|GODREJAGRO}}
| industry = [[Agribusiness]]<ref>{{cite web|title=Godrej Agrovet IPO: Here’s All You Need To Know|url=https://www.bloombergquint.com/ipos/2017/10/03/godrej-agrovet-ipo-heres-all-you-need-to-know}}</ref>
| location = [[Mumbai]], [[India]]
| key_people = [[Nadir Godrej]] (chairman)<ref>{{cite web|title=Godrej Agrovet IPO to open on Wednesday: Here are 10 things you should know|url=http://www.moneycontrol.com/news/business/ipo-business/godrej-agrovet-ipo-to-open-on-wednesday-here-are-10-things-you-should-know-2404089.html}}</ref><br /> Balram Yadav (managing director)
| homepage = {{URL|http://www.godrejagrovet.com/}}
}}

'''Godrej Agrovet Limited''' is an Indian [[animal feed]] and [[agribusiness]] company. Godrej Agrovet is a highly diversified company backed by research and development. The company holds leading market position in poultry processing, animal feed, [[oil palm]] plantations and agri inputs. The company belongs to one of the highly diversified [[Godrej Group]] conglomerate.<ref>http://www.livemint.com/2011/01/24184152/Godrej-Inds-Q3-net-jumps-39-b.html?h=B</ref>

== Business lines ==
The animal feed business is India's one of the largest, producing over 10,57,000 tons annually of feed and nutrition products for dairy cattle, broiler, layer & aquaculture. Its turnover was around 3100 Cr in 2012–13. In 2013 Godrej Agrovet has come up with the biggest manufacturing plant of broiler feed and layer feed in India with a capacity of around 30,000 MT/month; this plant is catering the demand of the poultry feed market in North India; this automated plant has been installed in Khanna (Ludhiana) by Neotech and Buhler–.<ref>[http://www.buhlergroup.com/global/en/industry-solutions/feed/animal-feed.htm#.Un1wYRv7BLM]</ref> Four new automated plants are also being commissioned with more than 15000 ton/month capacity each in Kharagpur, Baramati, Bangalore & Erode to cater the demand of upgrowing market of animal feed in all over India.<ref>{{Cite web |url=http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf |title=Archived copy |access-date=17 November 2013 |archive-url=https://web.archive.org/web/20131202224755/http://www.godrej.com/godrej/GodrejIndustries/pdf/Godrej_Ind_AR_2013.pdf |archive-date=2 December 2013 |url-status=dead }}</ref> GAVL has also entered Bangladesh through a JV with the ACI Group, where it is rapidly becoming a key player in animal feed and poultry breeding.

The company is the one of the largest oil palm developers in India. The area under oil palm plantation is more than 55,000 hectares spread across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Goa, Maharashtra, Orissa and Mizoram. The company works directly with the farmers for oil palm production. Very recently in Mizoram, the company have commissioned a mill, which is the largest private sector in Mizoram.

Godrej Tyson food is the joint venture of Godrej Agrovet with [[Tyson Foods]], U.S.A. The company entered in joint venture in 2008 to manufacture and market packaged processed poultry and vegetarian products in India The company offers a wide range of packaged products in the brand name of Good Chicken and Yummiez. The company have manufacturing plants in Mumbai and Bangalore.

The agri-inputs business is a niche player in innovative agro-chemicals, with strong market share in plant growth promoters, soil conditioners and cotton herbicide. Godrej Agrovet is the world's largest producers and marketers of Homobrassinolides and also the leader in selective post-emergence cotton herbicides in India and have a 45% market share in the Triacontanol segment.

== Organizational structure ==
Currently Balram Singh Yadav is heading the business as managing director of the company. Adi Godrej and Nadir Godrej are the chairmen of the Godrej group and Godrej Agrovet respectively. The company have more than 3000 employees and a network of over 10,000 rural distributors/dealers, who works for different business of the company.

== Launch IPO ==

Godrej Agrovet launched its IPO on 4 October 2017 and closed on 6 October 2017. Its IPO size was 1157 Crore and got listed on 16 October 2017.

==References==
{{Reflist}}

==External links==
* [http://www.godrejagrovet.com Official Site]

{{Godrej Group}}
{{Nifty 200 companies}}

[[Category:Companies based in Mumbai]]
[[Category:Godrej Group]]
[[Category:Animal feed companies of India]]
[[Category:Year of establishment missing]]

Godrej Agrovet - Revision history

UpdateBot at 22:42, 6 May 2022

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