Continental Seeds & Chemicals Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 768,000 (47%) | — | ₹200 Cr |
| Retail | — | 768,000 (47%) | — | ₹200 Cr |
| Market Maker | — | 84,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 1,620,000 (100%) | — | ₹4,212 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,968,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 5,825 | 5,844 | 5,790 |
| Profit After Tax | 49 | 16 | 27 |
| Total Assets | 1,266 | 1,221 | 922 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To part finance working capital requirements of the Company – 3.02
- 2 General corporate purposes. – 0.74
Company Overview
Incorporated in 1983, Continental Seeds and Chemicals Limited is a Delhi based company engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil.
Continental Seeds has two processing units at:
i) Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401; and
ii) Village- Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P.
The total production capacity of company is 7080 MT per annum out of which around 45% is currently used.
The Company has 15 employees in its payroll. It also employs temporary workers on per day wages basis.