Vishwas Agri Seeds Limited IPO

NSE SME

Listed On: Apr 1, 2024 at ₹ 85.0

₹ 137600 /1600 Shares

Check Allotment

Vishwas Agri Seeds Limited IPO Details

21 Mar, 2024

Open Date

26 Mar, 2024

Close Date

27 Mar, 2024

Allotment Date

01 Apr, 2024

Listing Date

Issue Price

₹86 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

85.0

Listing Date

2024-04-01

Market Lot

1600 Shares (₹137,600/-)

Lead Manager

Isk Advisors Pvt Ltd

Issue Size

3,000,000 shares(aggregating up to ₹25.80 Cr)

Retail Portion

50%

Subscription

11.87 times

IPO Docs

DRHP RHP

The IPO of Vishwas Agri Seeds Limited is priced at ₹86 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Vishwas Agri Seeds Limited IPO bid opening date is from Mar 21, 2024 and the bid closing date was Mar 26, 2024.
Vishwas Agri Seeds Limited IPO allotment result will be available on Mar 27, 2024. The tentative listing date for Vishwas Agri Seeds Limited is Apr 1, 2024.

The total issue size is 3,000,000 shares(aggregating up to ₹25.80 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,424,000	1,424,000	2,848,000
Day 1 - 21-03-24 06:00 PM	0.49 x	1.41 x	0.95 x
Day 2 - 22-03-24 06:00 PM	0.74 x	2.77 x	1.76 x
Day 3 - 26-03-24 06:00 PM	12.88 x	10.86 x	11.87 x

Total No. of Applications: 10,300 (Approx)

Vishwas Agri Seeds Limited Valuations

EPS Pre IPO

₹16.98/-

EPS Post IPO

₹/-

P/E Pre IPO

5.06

P/E Post IPO

ROE

27.20%

ROCE

14.60%

RoNW

23.94%

PAT Margin

10.62

Price to Book Value

3.20

Vishwas Agri Seeds Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	5,351.89	3,362.93	2,095.59
Revenue	6,532.18	6,485.80	5,382.66
Profit After Tax	534.14	247.94	116.30
Net Worth	1,432.89	478.75	200.81
Reserves & Surplus	732.89	398.75	150.81
Total Borrowing	1,877.88	1,697.17	1,275.08

About The Company

Vishwas Agri Seeds Limited is in the business of seed processing and its supply to the farmers through a network of distribution. The products of the company are sold under the brand name Vishwas.Incorporated in the year 2013,. The crop seeds of 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 developed seeds for over 40 varieties of field crops and vegetables.

Vishwas Agri Seeds Limited is present in Gujarat, Maharashtra, and Rajasthan. Vishwas has more than 75 varieties of Crops.

The company has 18 employees who take care of the marketing & sales of the products.

Vishwas Agri Seeds Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 70%

Company Promoter(s)

Mr.Ashokbhai Sibabhai Gajera
Mr. Bharatbhai Sibabhai Gajera
Mr.Dineshbhai Madhabhai Suvagiya

Vishwas Agri Seeds Limited IPO - Issue Objectives

Capital Expenditure 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

Other Details

Company Contact Details

Vishwas Agri Seeds Limited

Near Toll Tax, S. No. 460, Gangad Road, Bhayla, Ahmedabad, Bavla, Gujarat, India. - 382220

Phone: +91 6535709174

Email: cs@vishwasagriseeds.com

Website: http://www.vishwasagriseeds.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Vishwas Agri Seeds Limited IPO - FAQs

Ans. Vishwas Agri Seeds Limited IPO is a SME IPO. The issue is priced at ₹86 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 21, 2024, and closes on Mar 26, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Vishwas Agri Seeds Limited IPO opens on Mar 21, 2024 and closes on Mar 26, 2024.

Ans. The size of Vishwas Agri Seeds Limited IPO is 3,000,000 shares(aggregating up to ₹25.80 Cr).

Ans. The IPO price band is set between ₹86 per equity share.

Ans. To apply for Vishwas Agri Seeds Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Vishwas Agri Seeds 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 Vishwas Agri Seeds Limited IPO is Mar 27, 2024.

Ans. The Vishwas Agri Seeds Limited IPO will be listed on Apr 1, 2024.

Ans. Follow the steps to check the allotment status for Vishwas Agri Seeds Limited IPO here.