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Vishwas Agri Seeds Ltd

Vishwas Agri Seeds Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹86
₹86
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹86
Based on GMP
Min. Investment
₹137,600
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Mar 2024
Close Date
26 Mar 2024
Allotment
27 Mar 2024
Listing Date
01 Apr 2024
Exchange
NSE SME
Price Band
₹86
Listing Price
See chart
Allotment Status
Price Band
₹86
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
30,00,000 shares (aggregating up to ₹25.80 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹137,600
1 lot
Pre-IPO Holding
70,00,000 shares
Promoters
Post-IPO Holding
1,00,00,000 shares
Promoters
P/E (Pre)
5.06x
 
EPS (Pre)
₹16.98
 
UPI Deadline
2024-03-26
Mandate
Anchor AllotmentWed, 20 Mar 2024
Basis of AllotmentWed, 27 Mar 2024
Refund InitiationThu, 28 Mar 2024
Demat CreditThu, 28 Mar 2024
Listing DayMon, 01 Apr 2024
UPI Mandate Deadline2024-03-26
Sale TypeFresh Capital
Net Offer to Public28,48,000 shares (aggregating up to ₹24.49 Cr)
Market Maker Quota1,52,000 shares (aggregating up to ₹1.31 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Vishwas Agri Seeds Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Mar 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
152,000
₹1.31
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,000,000
100% ₹25.80
IPO Shares Offered
Vishwas Agri Seeds Ltd IPO total issue size: ₹25.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 152,000 ₹1.31
5.07%
Total 3,000,000 ₹25.80
100.00%
* Based on upper price band ₹86 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹86.00
Upper Band
Min Investment
₹137,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹275,200
Retail (Max — 13 Lots)1320,800₹1,788,800
S-HNI (Min — 14 Lots)1422,400₹1,926,400
B-HNI (Min — 68 Lots)68108,800₹9,356,800
* Issue Price ₹86 × Lot Size 1,600 shares
IPO Schedule
Anchor
20 Mar 2024
✓ Done
IPO Open
21 Mar 2024
✓ Done
IPO Close
26 Mar 2024
✓ Done
Allotment
27 Mar 2024
✓ Done
Refunds
28 Mar 2024
✓ Done
Demat Credit
28 Mar 2024
✓ Done
Listing Day
01 Apr 2024
✓ Done
Vishwas Agri Seeds Ltd — Live Price LIVE
₹86.00
INR · NSE
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Issue ₹86.00 Live Price
About Vishwas Agri Seeds Ltd
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, etcVishwas 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.
Objects of the Issue
1
(a) Capital Expenditure to i). To Furnish the Corporate Office building ii). To purchase Equipments for setting up Seed Testing laboratory iii). To set-up Greenhouse (Fan-Pad System) iv). To install Roof Top Solar Monocrystalline Panels (129.6KW)
2
(b) Additional Working Capital Requirement
3
(c) General Corporate Purpose
Vishwas Agri Seeds Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,485.8
31 Mar 2022
₹6,532.2
31 Mar 2023
₹4,247.5
30 Sep 2023
Profit After Tax (PAT)
₹247.9
31 Mar 2022
₹534.1
31 Mar 2023
₹451.0
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 4247.49 6532.18 6485.80
EBITDA N/A N/A N/A
Profit After Tax (PAT) 451.01 534.14 247.94
Net Worth 1883.90 1432.89 478.75
Total Assets 8071.95 5351.89 3362.93
Reserves & Surplus 1183.90 732.89 398.75
Borrowings 2862.87 1877.88 1697.17
EBITDA Margin (%) N/A
PAT Margin (%) 10.62%
P/BV Ratio
3.20
RoE
27.20%
RoCE
14.60%
RoNW
23.94%
PAT Margin
10.62%
Issue Structure & Shareholding
Total Shares Offered30,00,000 (100.00%)
Net Offer to Public28,48,000 shares (aggregating up to ₹24.49 Cr)
Reserved for Market Maker1,52,000 shares (aggregating up to ₹1.31 Cr)
Pre-Issue Promoter Holding70,00,000 shares
Post-Issue Promoter Holding1,00,00,000 shares
P/BV Ratio3.20
RoE27.20%
RoCE14.60%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ISK Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Vishwas Agri Seeds Ltd IPO subscribed?

Vishwas Agri Seeds Ltd IPO is subscribed 1.00 times by Mar 26, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Vishwas Agri Seeds Ltd IPO retail subscription status?

The Vishwas Agri Seeds Ltd IPO retail category is subscribed 1.00 times as of 26 Mar 2024. The retail portion is oversubscribed.

How to subscribe Vishwas Agri Seeds Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Mar 2024 and closes 26 Mar 2024. Min investment: ₹137,600 (1 lot = 1,600 shares). UPI mandate: 2024-03-26.

How many times Vishwas Agri Seeds Ltd IPO subscribed?

The Vishwas Agri Seeds Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vishwas Agri Seeds Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Mar 2024. Refunds: on 28 Mar 2024.

When Vishwas Agri Seeds Ltd IPO will be listed?

The Vishwas Agri Seeds Ltd IPO listing date is 01 Apr 2024, Monday. Listed on: NSE SME. Issue price: ₹86. Estimated listing: ₹86. GMP: NIL.

When Vishwas Agri Seeds Ltd IPO close?

The Vishwas Agri Seeds Ltd IPO closes on 26 Mar 2024, Tuesday. UPI mandate: 2024-03-26. Allotment: 27 Mar 2024. Listing: 01 Apr 2024.