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Upsurge Seeds of Agriculture IPO IPO

Mainline29 Jul to 2 Aug, 202229 Jul to 2 Aug, 2022
Open
29 Jul to 2 Aug, 2022
Close
29 Jul to 2 Aug, 2022
3
Allotment
Listing
Thu, Aug 11, 2022
Price Band
₹120 per share
Issue Size
19,00,800 shares (agg. up to ₹23 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Aug 11, 2022
Latest GMP
₹0
Est. Gain
12.5%
✦ AI Insight

GMP Trend

10-08-20220Est. ₹120+12.5%
25-07-20220Est. ₹120+1%

Live Subscription

CategorySubscription (times)
Total76.14x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets40.8718.128.35
Total Income75.7762.9017.64
Profit After Tax3.960.850.22
NET Worth11.193.240.92
Reserves and Surplus6.031.270.42
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Pearl Green Clubs & Resorts Ltd.SME₹11.72 Cr₹18653.6₹198.50+6.72%₹93.95 (+2.23%)
KCK Industries Ltd.SME₹4.50 Cr₹3012.4₹26.25-12.50%₹16.30 (+2.52%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Working capital requirements21.31
2General corporate purposes1.00
3Issue related expenses0.50

About Upsurge Seeds of Agriculture IPO

Incorporated in 2017, 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. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek etc. Competitive Strengths: Wide Range of Seeds and its Variants Quality Assurance Customer Satisfaction Experienced Promoter supported by dedicated Management team Proven track record of robust financial performance + Read More

Contact Details

Upsurge Seeds of Agriculture Ltd. AddressPlot No.17Shreenathji Industrial EstateNational Highway 8-B, KuvadvaRajkot, Gujarat, 360023+91- 96879 65596info@usalimited.inVisit Website