Vishwas Agri Seeds Limited IPO

Vishwas Agri Seeds Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹86 per share. The stock debuted at ₹85. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,37,600.

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Vishwas Agri Seeds Limited IPO

NSE SME Listed
₹1,37,600 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 21, 2024 – Mar 26, 2024
Price band
₹86 per equity share
Minimum Investment
₹1,37,600
Issue size
₹25.8 Cr
Lot size
1600
Allotment Date
Mar 27, 2024
Listing
Apr 1, 2024
Listing At
NSE SME

  1. Mar 21, 2024

    Open Date

    Completed

  2. Mar 26, 2024

    Close Date

    Completed

  3. Mar 27, 2024

    Allotment Date

    Completed

  4. Apr 1, 2024

    Listing Date

    Completed

Vishwas Agri Seeds Limited IPO Essentials

Vishwas Agri Seeds Limited IPO Details

Vishwas Agri Seeds Limited IPO is priced at ₹86 per share with a total issue size of 25.8 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹86 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
3,000,000 shares(aggregating up to ₹25.80 Cr)
Total issue size
30,00,000 shares
(aggregating up to ₹25.8 crore)
Fresh issue
30,00,000 shares
(aggregating up to ₹25.8 crore)
Listing at
NSE SME
List price
85.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Isk Advisors Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following 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
Retail(max) 1 1600 ₹1,37,600
NII (min) 2 3,200 ₹2,75,200

Vishwas Agri Seeds Limited IPO Documents

DRHP

RHP

Vishwas Agri Seeds Limited IPO Reservation

Vishwas Agri Seeds Limited IPO reservation details show category-wise allocation of shares. Out of the total 3,000,000 shares, approximately 47.47% for retail investors, and 5.07% for market maker.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
Market Maker Shares Offered 152,000 (5.07%)
Retail Shares Offered 1,424,000 (47.47%)
Total Shares Offered 3,000,000 (100%)

Vishwas Agri Seeds Limited IPO Analytics

Vishwas Agri Seeds Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Vishwas Agri Seeds Limited IPO Subscription Status

Vishwas Agri Seeds Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Subscription levels combined with expected premium trends indicate overall market sentiment and possible listing expectations for the IPO.

Vishwas Agri Seeds Limited Valuations

Earnings

EPS Pre IPO
₹16.98/-
P/E Pre IPO
5.06

Returns

ROE
27.20%
ROCE
14.60%
RoNW
23.94%
PAT Margin
10.62

Fundamentals

Price / Book
3.20

Data sourced from DRHP / RHP • For educational purposes only

Vishwas Agri Seeds Limited Financials( In Lakhs)

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

Vishwas Agri Seeds Limited financials show revenue growth and profitability trends over recent years, indicating business stability.

Vishwas Agri Seeds Limited Company & Offer Insights

About Vishwas Agri Seeds Limited

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)

Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya are the company's promoters of Vishwas Agri Seeds Limited.

Pre-Issue Holding
100%
Post-Issue Holding
70%

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

Vishwas Agri Seeds Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Vishwas Agri Seeds Limited 16.98 16.98 20.47 5.06 55.88 N/A Standalone
Bombay Super Hybrid Seeds Limited 1.61 1.61 5.37 128.79 19.44 38.61 Standalone
Kaveri Seed Company Ltd. 46.35 46.35 245.6 14.81 18.58 2.79 Standalone
Upsurge Seeds Of Agriculture Limited 7.18 7.18 54.91 43.93 12.28 5.74 Standalone

Notes:

  1. The figures of Vishwas Agri Seeds Limited are based on financial statements as restated as on March 31, 2023.
  2. Current Market Price (CMP) is the closing price of peer group scripts as on March 13, 2023.
  3. The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2023.

Contact Information

Contact Details

Vishwas Agri Seeds Limited

+91 6535709174

cs@vishwasagriseeds.com

http://www.vishwasagriseeds.com/

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

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

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

Frequently Asked Questions

Click any question to reveal the answer

Vishwas Agri Seeds Limited IPO is a Fixed Priced IPO worth ₹25.8 crore. The issue price is ₹86 per share (fixed price). The IPO opens on Mar 21, 2024 and closes on Mar 26, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Vishwas Agri Seeds Limited IPO is ₹86 per share (fixed price).

The lot size of Vishwas Agri Seeds Limited IPO is 1600 shares.

The minimum investment for Vishwas Agri Seeds Limited IPO is approximately ₹1,37,600 based on the issue price .

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

The allotment date of Vishwas Agri Seeds Limited IPO is Mar 27, 2024.

Vishwas Agri Seeds Limited IPO is expected to be listed on Apr 1, 2024, on NSE SME Platform.

Vishwas Agri Seeds Limited IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 3.20, RoNW 23.94%, and market cap N/A.

To apply for Vishwas Agri Seeds Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Vishwas Agri Seeds Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Vishwas Agri Seeds Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Vishwas Agri Seeds Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vishwas Agri Seeds Limited IPO allotment status on IPO Ji for quick and easy access.