Vishwas Agri Seeds Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,424,000 (47%) | — | ₹1,225 Cr |
| Retail | — | 1,424,000 (47%) | — | ₹1,225 Cr |
| Market Maker | — | 152,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 3,000,000 (100%) | — | ₹25,800 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 | 1,600 | ₹137,600 |
| Retail (Max) | 13 | 20,800 | ₹1,788,800 |
| S-HNI (Min) | 14 | 22,400 | ₹1,926,400 |
| B-HNI (Min) | 67 | 107,200 | ₹9,219,200 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 4,247 | 6,532 | 6,486 |
| Profit After Tax | 451 | 534 | 248 |
| Net Worth | 1,884 | 1,433 | 479 |
| Total Assets | 8,072 | 5,352 | 3,363 |
| Reserves & Surplus | 1,184 | 733 | 399 |
| Total Borrowing | 2,863 | 1,878 | 1,697 |
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
- (a) Capital Expenditure to i). To Furnish the Corporate Office building ii). To purchase Equipments for setting up Seed Testing laboratory iii). To set-up Greenhouse (Fan-Pad System) iv). To install Roof Top Solar Monocrystalline Panels (129.6KW) –
- (b) Additional Working Capital Requirement –
- (c) General Corporate Purpose –
Company Overview
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.
- Experienced Promoter supported by dedicated Management team.