
✓
Open
7 Jun 2018
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Close
12 Jun 2018
3
Allotment
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Listing
Wed, Jun 20, 2018
Price Band
₹25 to ₹26
Issue Size
45,76,000 shares (agg. up to ₹12 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, Jun 20, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.92x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 30 Nov 2017 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 31.33 | 18.85 | 27.35 | 24.90 |
| Total Income | 13.31 | 35.30 | 43.00 | 38.87 |
| Profit After Tax | 0.91 | 0.89 | 1.02 | 0.32 |
| NET Worth | 11.36 | 7.37 | 6.05 | 4.87 |
| Reserves and Surplus | 1.02 | |||
| Total Borrowing | 12.37 | 6.33 | 13.89 | 16.02 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Debock Sales & Marketing Ltd. | SME | ₹4.44 Cr | ₹20 | null | ₹20.35 | +1.75% | ₹1.77 (-2.21%) |
| Suumaya Lifestyle Ltd. | SME | ₹13.84 Cr | ₹18 | null | ₹17.85 | -0.83% | ₹4.27 (-0.47%) |
| Indo US Bio-Tech Ltd. | SME | ₹7.29 Cr | ₹51 | null | ₹57.80 | +13.33% | ₹87.28 (+1.39%) |
| Bombay Super Hybrid Seeds Ltd. | SME | ₹10.39 Cr | ₹60 | null | ₹63.00 | +5.00% | ₹89.00 (+1.75%) |
| Continental Seeds & Chemicals Ltd. | SME | ₹4.21 Cr | ₹26 | null | ₹25.75 | -0.96% | ₹10.35 (-4.61%) |
| Sarveshwar Foods Ltd. | SME | ₹54.97 Cr | ₹85 | null | ₹70.55 | -17.00% | ₹3.50 (-1.41%) |
| Shanti Overseas (India) Ltd. | SME | ₹10.02 Cr | ₹50 | null | ₹42.90 | -14.20% | ₹7.06 (+2.02%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of New Plant & Machinery | 1.63 |
| 2 | Funding the working capital requirements of the Company | 6.25 |
| 3 | General corporate purposes* | 2.52 |
About ShreeOswal Seeds IPO
Incorporated in 2002, Madhya Pradesh based ShreeOswal Seeds and Chemicals Limited is an ISO 22000:2005 certified company engaged in the business of production, processing, and sale of different kind of agricultural seeds like wheat,maize,soybean,mustard,etc.The Company processes various kinds of seeds at its processing unit located at Neemuch, Madhya Pradesh. It processes 5 varieties of wheat seeds, 5 varieties of soya bean seeds, 3 varieties of Mustard seeds, 1 variety of black gram, 1 variety of corn seeds and 1 Variety of isabgol/psyllium. The products are marketed under the brand name of OSWAL. The majority of the sales are through its own Brand which contributed 66.00 %, 85.32 %, and 95.25 % respectively to the total sales for the financial year ended March 31, 2015, 2016, and 2017 respectively.ShreeOswal has a diversified customer base covering states like Bihar, Jharkhand, Maharashtra, Madhya Pradesh, Rajasthan, Uttar Pradesh, Delhi, and Punjab. The Company operates through a network of distributors and dealers and has an association with more than 114 dealers and distributors.Strengths of the Company-1. A diverse portfolio of seeds products2. Wide distribution network acros
Contact Details
ShreeOswal Seeds & Chemicals Ltd. AddressOswal HouseNasirabad HighwayVillage KanwatiNeemuch, Madhya Pradesh, 458441+91 7423-297006info@oswalseeds.comVisit Website