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Open
21 Mar 2024
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Close
26 Mar 2024
3
Allotment
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Listing
Mon, Apr 1, 2024
Price Band
₹86 per share
Issue Size
30,00,000 shares (agg. up to ₹26 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Apr 1, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.04x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 80.72 | 53.52 | 33.63 | 20.96 |
| Total Income | 42.47 | 65.32 | 64.86 | 53.83 |
| Profit After Tax | 4.51 | 5.34 | 2.48 | 1.16 |
| NET Worth | 18.84 | 14.33 | 4.79 | 2.01 |
| Reserves and Surplus | 11.84 | 7.33 | 3.99 | 1.51 |
| Total Borrowing | 28.63 | 18.78 | 16.97 | 12.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Harshdeep Hortico Ltd. | SME | ₹19.09 Cr | ₹45 | 0 | ₹66.50 | +47.78% | ₹82.90 (+1.66%) |
| Sameera Agro & Infra Ltd. | SME | ₹62.64 Cr | ₹180 | 15.11 | ₹171.00 | -5.00% | ₹5.15 (+1.98%) |
| Sheetal Universal Ltd. | SME | ₹23.80 Cr | ₹70 | 27.34 | ₹75.40 | +7.71% | ₹296.00 (+0.77%) |
| City Crops Agro Ltd. | SME | ₹15.00 Cr | ₹25 | 22.03 | ₹25.42 | +1.68% | ₹28.06 (+4.98%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure i). To Furnish the Corporate Office building | 4.00 |
| 2 | Capital expenditure ii). To purchase Equipments for setting up Seed Testing laboratory | 1.50 |
| 3 | Capital expenditure iii) To set-up Greenhouse (Fan-Pad System). | 1.50 |
| 4 | Capital expenditure iv) To install Roof Top Solar Monocrystalline Panels (129.6KW) | 0.60 |
| 5 | Additional Working Capital Requirement | 11.00 |
| 6 | General Corporate Purpose | 5.30 |
About Vishwas Agri Seeds IPO
Incorporated in 2013, Vishwas Agri Seeds Limited is in the business of processing and supplying seeds to farmers via the distribution network. The company sells its seeds under the brand name "Vishwas". Vishwas Agri Seeds Limited's product portfolio includes crop seeds for 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 produced seeds for more than 40 different field crops and vegetables. Vishwas Agri Seeds Limited have a presence in Gujarat, Maharashtra, and Rajasthan. Vishwas has more than 75 varieties of Crops. The company has 18 employees who look after the marketing & sales of the products. Competitive Strengths: Integrated Seed processing unit with cold storage and warehouse facility in one premise. Wide range of products backed by consistent quality. Experi
Contact Details
Vishwas Agri Seeds Ltd. AddressNear Toll TaxS.No.460, Gangad Road, BhaylaBavlaAhmedabad, Gujarat, 382220+91 6535709174cs@vishwasagriseeds.comVisit Website