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Vishwas Agri Seeds IPO IPO

Mainline21 Mar 202426 Mar 2024
Open
21 Mar 2024
Close
26 Mar 2024
3
Allotment
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

CategorySubscription (times)
Total12.04x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.7253.5233.6320.96
Total Income42.4765.3264.8653.83
Profit After Tax4.515.342.481.16
NET Worth18.8414.334.792.01
Reserves and Surplus11.847.333.991.51
Total Borrowing28.6318.7816.9712.75
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Harshdeep Hortico Ltd.SME₹19.09 Cr₹450₹66.50+47.78%₹82.90 (+1.66%)
Sameera Agro & Infra Ltd.SME₹62.64 Cr₹18015.11₹171.00-5.00%₹5.15 (+1.98%)
Sheetal Universal Ltd.SME₹23.80 Cr₹7027.34₹75.40+7.71%₹296.00 (+0.77%)
City Crops Agro Ltd.SME₹15.00 Cr₹2522.03₹25.42+1.68%₹28.06 (+4.98%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital expenditure i). To Furnish the Corporate Office building4.00
2Capital expenditure ii). To purchase Equipments for setting up Seed Testing laboratory1.50
3Capital expenditure iii) To set-up Greenhouse (Fan-Pad System).1.50
4Capital expenditure iv) To install Roof Top Solar Monocrystalline Panels (129.6KW)0.60
5Additional Working Capital Requirement11.00
6General Corporate Purpose5.30

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