Vishwas Agri Seeds Ltd
Price Range
₹86
Min. Quantity
1,600
Closes on
26 March 2024
Min. investment
₹1,37,600/1,600 Shares
Vishwas Agri Seeds Ltd IPO Timeline
Vishwas Agri Seeds Ltd was originally formed as a Partnership Firm in the name and style of 'M/s. Vishwas Agri Seeds ', pursuant to a Deed of Partnership dated December 1, 2009. Later on, 'M/s. Vishwas Agri Seeds' was converted from a Partnership Firm to 'Vishwas Agri Seeds Private Limited', a Private Limited Company vide certified dated March 03 2013 by Register of Companies Gujarat. Thereafter, the Company got converted into a Public Limited and the name of Company was changed to 'Vishwas Agri Seeds Limited' vide fresh Certificate of Incorporation dated July 07, 2023 issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Vishwas Agri Seeds Ltd IPO Opening Date | 21 March 2024 |
| Vishwas Agri Seeds Ltd IPO Closing Date | 26 March 2024 |
| Basis of Allotment | 27 March 2024 |
| Initiation of Refunds | 28 March 2024 |
| Credit of Shares to Demat | 28 March 2024 |
| Vishwas Agri Seeds Ltd IPO Listing Date | 1 April 2024 |
Vishwas Agri Seeds Ltd IPO Details
| Vishwas Agri Seeds Ltd IPO Date | 21 March 2024 to 26 March 2024 |
| Vishwas Agri Seeds Ltd IPO Face Value | ₹10 per share |
| Vishwas Agri Seeds Ltd IPO Price | ₹86 to ₹0 per share |
| Vishwas Agri Seeds Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹25.8 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹25.8 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ashokbhai Sibabhai Gajera, Bharatbhai Sibabhai Gajera, Dineshbhai Madhabhai Suvagiya |
Vishwas Agri Seeds Ltd IPO Lot Size
The Vishwas Agri Seeds Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,37,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,37,600 |
| Maximum | 1 | 1,600 | ₹1,37,600 |
- Strengths
- Risks
- Opportunities
- Integrated Seed procssing unit with coldstorage and warehouse facility in one premise.
- Wide range of products backed by consistant quality.
- Experienced Promoter supported by dedicated Management team.
Company Financials
Vishwas Agri Seeds Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 81.1 | 74.87 | 6.01 |
| 03-2023 | 53.79 | 62.56 | 5.42 |
| 03-2022 | 33.63 | 64.86 | 2.48 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To furnish the corporate office building
- Topurchase equipment 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 purposes
Vishwas Agri Seeds Ltd IPO Promoter Holding
| Pre Issue Share Holding | 10% |
| Post Issue Share Holding | 7% |
Vishwas Agri Seeds Ltd IPO Subscription Status (Bidding Detail)
The Vishwas Agri Seeds Ltd IPO is subscribed 11.6181 times on 26 March 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 11.6181 |
Vishwas Agri Seeds Ltd IPO Prospectus
Vishwas Agri Seeds Ltd IPO Listing Date
| Listing Date | 1 April 2024 |
| BSE Script | 92761 |
| NSE Symbol | VISHWAS |
| Listing In | NSE - SME |
| ISIN | INE0S2E01016 |
| IPO Price | ₹86 |
| Face Value | ₹10 |
Company Contact Information
S No 460 Gangad Road BhaylaBhayla Bavla,Ahmedabad-382220
Phone: +91 65357 09174
Email: cs@vishwasagriseeds.com
Website: www.vishwasagriseeds.com
Vishwas Agri Seeds Ltd IPO Registrar
Vishwas Agri Seeds Ltd IPO Lead Manager(s)
- ISK Advisors Pvt Ltd
FAQ
What is the issue size of Vishwas Agri Seeds Ltd IPO?
I have pre-applied for Vishwas Agri Seeds Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.