Upsurge Seeds of Agriculture Limited IPO
NSE SMEListed On: Aug 11, 2022 at ₹ 140.0
₹ 288000 /2400 Shares
*Min Investment
29 Jul, 2022
Open Date02 Aug, 2022
Close Date08 Aug, 2022
Allotment Date11 Aug, 2022
Listing DateIPO Issue Details
- Issue Price ₹120 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr)
#Fresh Issue: 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr) - Listing at NSE SME
- List Price 140.0
- Listing Date 2022-08-11
- Lead Manager Finshore Management Services Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Upsurge Seeds of Agriculture Limited IPO is an SME IPO, priced at ₹120 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jul 29, 2022 to Aug 2, 2022. The allotment is expected to be finalized on Aug 8, 2022, and the tentative listing date is Aug 11, 2022.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 902,400 | 902,400 | 1,804,800 |
Day 1 29-07-22 05:00 PM | 0.58 x | 3.85 x | 2.21 x |
Day 2 01-08-22 05:00 PM | 4.24 x | 20.04 x | 12.14 x |
Day 3 02-08-22 05:00 PM | 101.70 x | 59.29 x | 80.50 x |
Valuations
Company Financials
| 31-Mar-22 | 31-Mar-21 | 30-Jun-20 | |
|---|---|---|---|
| Assets | 4087.49 | 1811.8 | 835.39 |
| Revenue | 7577.15 | 6290.31 | 1763.73 |
| Profit After Tax | 396.44 | 85.31 | 21.92 |
About Company
Upsurge Seeds of Agriculture Limited (USA) is a seeds manufacturing company engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. The company has a processing unit, which is equipped with modern technology and is spread across an area of more than 45,000 sq. feet, situated at Kuvadva, Rajkot.
The company sells its seeds under the brand name "USA seeds". As of March 31, 2022, Upsurge Seeds of Agriculture Limited has produced seeds for more than 40 different field crops and vegetables and have operations across India covering Gujarat, Maharashtra, and Rajasthan with more than 75 varieties of Crops.
- Promoter(s)
Mr. Arvindkumar Jadavjibhai Kakadia
Mr. Viken Jentilal Kakadiya
Mrs. Sonalben Arvindbhai Kakadiya
Pre Issue Share Holding : 96.92%
Post Issue Share Holding : 70.82%
IPO - Issue Objectives
To meet the Working Capital requirements.
General Corporate Purpose.
To meet Issue Expenses.
IPO - FAQs
Ans. Upsurge Seeds of Agriculture Limited IPO is a SME IPO. The issue is priced at ₹120 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 29, 2022, and closes on Aug 2, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Upsurge Seeds of Agriculture Limited IPO opens on Jul 29, 2022 and closes on Aug 2, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Upsurge Seeds of Agriculture Limited IPO is 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr) #Fresh Issue: 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr).
Ans. The Upsurge Seeds of Agriculture Limited IPO price band is set between ₹120 per equity share.
Ans. To apply for Upsurge Seeds of Agriculture Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Upsurge Seeds of Agriculture Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Upsurge Seeds of Agriculture Limited IPO is Aug 8, 2022.
Ans. The Upsurge Seeds of Agriculture Limited IPO will be listed on Aug 11, 2022.
Ans. Follow the steps to check the Upsurge Seeds of Agriculture Limited IPO allotment status online.
