✓
Open
30 Apr to 3 May, 2018
✓
Close
30 Apr to 3 May, 2018
3
Allotment
—
✓
Listing
Fri, May 11, 2018
Price Band
₹51 per share
Issue Size
14,30,000 shares (agg. up to ₹7 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, May 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 19.11x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 20.56 | 12.94 | 13.69 | 7.68 |
| Total Income | 15.89 | 24.58 | 19.15 | 19.66 |
| Profit After Tax | 0.74 | 0.65 | 0.36 | 0.50 |
| NET Worth | 4.63 | 3.89 | 3.25 | 2.90 |
| Reserves and Surplus | 3.14 | 2.40 | 1.77 | 1.41 |
| Total Borrowing | 6.39 | 4.86 | 4.67 | 1.67 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bombay Super Hybrid Seeds Ltd. | SME | ₹10.39 Cr | ₹60 | null | ₹63.00 | +5.00% | ₹87.47 (-0.01%) |
| Continental Seeds & Chemicals Ltd. | SME | ₹4.21 Cr | ₹26 | null | ₹25.75 | -0.96% | ₹10.85 (-4.82%) |
| Sarveshwar Foods Ltd. | SME | ₹54.97 Cr | ₹85 | null | ₹70.55 | -17.00% | ₹3.53 (-0.28%) |
| Shanti Overseas (India) Ltd. | SME | ₹10.02 Cr | ₹50 | null | ₹42.90 | -14.20% | ₹6.92 (-0.86%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Incremental Working Capital | 5.04 |
| 2 | General Corporate Purpose | 1.80 |
About Indo US Bio-Tech IPO
Incorporated in 2004, Gujarat based Indo US Bio-Tech Limited is engaged in the business of breeding products, processing and marketing of high performing open-pollinated and hybrid agricultural seed varieties & (seed testing, soil & water testing ). The company has its own laboratory for seed testing at Junagadh.The company started In-House Research and Development (R&D) unit at Modasa, District - Sabarkantha (Gujarat) for research activities to produce better and different varieties of seeds. On September 23, 2011, it got the recognition up to March 31, 2014, for In-House R&D from Government of India, Ministry of Science and Technology, Department of Scientific and Industrial Research Technology Bhavan, New Delhi (DSIR).In the initial stage, the company was engaged in producing different varieties of oilseeds and pulses seeds, later on, it also added vegetable, spices and cereals seeds to its basket. In the year 2014, it shifted its R&D unit Gandhinagar to carry on its research activities.As on January 31, 2018, Indo US Bio-Tech has 45 Employees in various departments.+ Read More
Contact Details
Indo US Bio-Tech Ltd. Address309, Shanti MallSatadhar Char Rasta, Opp.Navrang TowerSola RoadAhmedabad, Gujarat, 380061+91 - 79 - 2749 1807compliance@indousagriseeds.comVisit Website