Vishwas Agri Seeds Limited IPO
- IPO Date21 Mar, 2024 to 26 Mar, 2024
- Listing Date01 Apr, 2024
- Face Value₹10 per share
- Issue Price₹84 to ₹86 per share
- Lot Size1600 Shares
- Minimum Investment₹1,37,600
- Listing AtNSE SME
- Total Issue Size30,00,000 Shares
(aggregating up to ₹25.80 Cr) - Fresh Issue30,00,000 Shares
(aggregating up to ₹25.80 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue70,00,000
- Shareholding post issue1,00,00,000
IPO Dates
Closing Date
26 Mar, 2024
Initiation of Refunds
28 Mar, 2024
Listing Date
01 Apr, 2024
21 Mar, 2024
Opening Date
27 Mar, 2024
Basis of Allotment
28 Mar, 2024
Credit of Shares
Vishwas Agri Seeds Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,37,600 |
| HNI (Min) | 2 | 3200 | ₹2,75,200 |
| Retail (Max) | 1 | 1600 | ₹1,37,600 |
Vishwas Agri Seeds Limited Promoter Holding
Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya & Others are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 70% |
Vishwas Agri Seeds Limited COMPANY INFORMATION
Vishwas Agri Seeds IPO is a fixed price issue of Rs 25.80 crores. The issue is entirely a fresh issue of 30 lakh shares. Vishwas Agri Seeds IPO is open for subscription on March 21, 2024 and close today March 26, 2024. The allotment for the Vishwas Agri Seeds IPO is expected to be finalized on Wednesday, March 27, 2024. Vishwas Agri Seeds IPO will list on NSE SME with tentative listing date fixed as Monday, April 1, 2024. Vishwas Agri Seeds IPO price is ₹86 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹137,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹275,200. Isk Advisors Pvt Ltd is the book running lead manager of the Vishwas Agri Seeds IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Vishwas Agri Seeds IPO is Sunflower Broking. Refer to Vishwas Agri Seeds IPO RHP for detailed information.
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.
As of March 31, 2023, the company has produced seeds for more than 40 different field crops and vegetables.
Vishwas Agri Seeds Limited have a presence in Gujarat, Maharashtra, and Rajasthan. Vishwas has more than 75 varieties of Crops.
The company has 18 employees who look after the marketing & sales of the products.
Competitive Strengths:
- Integrated Seed processing unit with cold storage and warehouse facility in one premise.
- Wide range of products backed by consistent quality.
- Experienced Promoter supported by dedicated Management team.
FAQs About Vishwas Agri Seeds Limited Ipo
Vishwas Agri Seeds Limited IPO will open on 21 Mar, 2024 and close on 26 Mar, 2024. Investors must apply within this period to participate.
The Vishwas Agri Seeds Limited IPO price band is set between ₹84.00 and ₹86.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹137600.00.
The Vishwas Agri Seeds Limited IPO shares are expected to be listed on 01 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Vishwas Agri Seeds Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Vishwas Agri Seeds Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.