Vishwas Agri Seeds Limited IPO is an NSE SME IPO. They are going to raise ₹25.80 Crores via IPO. The issue is priced at ₹86 to ₹86 per equity share. The IPO is to be listed on NSE.
Vishwas Agri Seeds Limited IPO opens for subscription on March 21, 2024, and closes on March 26, 2024. The allotment for the Vishwas Agri Seeds Limited IPO is expected to be finalized on March 27, 2024. Vishwas Agri Seeds Limited IPO will list on NSE SME with tentative listing date fixed as April 01, 2024.
| IPO Details | allotment |
| Minimum Investment ₹137,600 /1 Lot (1600 shares) | Price Range ₹86-₹86 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹137,600 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 25.80 Cr | Employee Discount ₹0 |
| Total Issue Size 3,000,000 Shares (aggregating up to ₹25.80 Cr) | Share Holding Pree Issue 7,000,000 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 3,000,000 Shares (aggregating up to ₹25.80 Cr) | Share Holding Post Issue 10,000,000 | Listing At NSE SME |
| Market Maker Portion 152,000 shares (Sunflower Broking) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 21 March 2024 |
| Offer Ends | 26 March 2024 |
| Allotment | 27 March 2024 |
| Refunds | 28 March 2024 |
| Credit of shares to Demat account | 28 March 2024 |
| IPO Listing | 01 April 2024 |
About Vishwas Agri Seeds Limited
Incorporated in 2013, Vishwas Agri Seeds Limited is in the business of processing and supplying seeds to farmers via the distribution network. The company sells its seeds under the brand name “Vishwas”. Vishwas Agri Seeds Limited’s product portfolio includes crop seeds for Groundnut, Soybean, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegetable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc
Vishwas Agri Seeds Limited’s commercial operations of seed processing unit along with Warehouse & Cold storage facility is located in Bavla, District: Ahmedabad, Gujarat.
| Incorporated in | Managing Director |
| 2013 | Mr. |
Share Holding
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | 70.00% |
Vishwas Agri Seeds Limited IPO Prospectus
| Vishwas Agri Seeds Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹6,532.18 | ₹6,485.80 | ₹5,382.66 |
| Assets | ₹5,351.89 | ₹3,362.93 | ₹2,095.59 |
| Profit | ₹534.14 | ₹247.94 | ₹116.30 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 86 Cr | ROE | 27.20% |
| P/E (X) | 5.06 | ROCE | 14.60% |
| POST P/E (X) | EPS | 16.98 | |
| Debt to Equity | RONW | 23.94% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Capital Expenditure to
- To Furnish the Corporate Office building
- To purchase Equipments for setting up Seed Testing laboratory
- To set-up Greenhouse (Fan-Pad System)
- To install Roof Top Solar Monocrystalline Panels (129.6KW)
- Additional Working Capital Requirement
- General Corporate Purpose
Brokerage Firm IPO Review
- To be updated soon
| Vishwas Agri Seeds Limited Contact Details | |
| Address | Vishwas Agri Seeds Limited Near Toll Tax, S. No. 460, Gangad Road, Bhayla Ahmedabad, Bavla, Gujarat, India. – 382220 |
| Phone: | +91 6535709174 |
| cs@vishwasagriseeds.com | |
| Website | http://www.vishwasagriseeds.com/ |
| Vishwas Agri Seeds Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Vishwas Agri Seeds Limited IPO Allotment Status Check |
| Vishwas Agri Seeds Limited IPO Allotment Status Check Click Here |
| Vishwas Agri Seeds Limited Lead Managers | |
| ISK Advisors Pvt Ltd 5, Laxmi Society, B/H Sasuji Restaurant, Off. C.G Road, Ahmedabad- 380006(IN) | |
| Phone | +91 79-26464023 |
| ncmpl@ncmpl.com | |
| Website | http://www.iskadvisors.com/ |
Vishwas Agri Seeds Limited IPO FAQs
What is Vishwas Agri Seeds Limited IPO?
- Vishwas Agri Seeds Limited IPO is an NSE SME IPO. They are going to raise ₹25.80 Crores via IPO. The issue is priced at ₹86 to ₹86 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 21, 2024, and closes on March 26, 2024.
When Vishwas Agri Seeds Limited IPO will open?
- The IPO is to open on March 21, 2024, for NII, and Retail Investors. and closes on March 26, 2024
What is Vishwas Agri Seeds Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Vishwas Agri Seeds Limited IPO Size?
- Vishwas Agri Seeds Limited IPO size is ₹25.80 crores.
What is Vishwas Agri Seeds Limited IPO Price Band?
- Vishwas Agri Seeds Limited IPO Price Band is ₹86 to ₹86 per equity share.
What is Vishwas Agri Seeds Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹137,600. and Maximum Lot Size 1 Lots (1600 Shares) with ₹137,600
What is Vishwas Agri Seeds Limited IPO Allotment Date?
- Vishwas Agri Seeds Limited IPO allotment date is March 27, 2024.
What is Vishwas Agri Seeds Limited IPO Listing Date?
- Vishwas Agri Seeds Limited IPO listing date is April 01, 2024. The IPO to list on NSE.