Vishwas Agri Seeds IPO Details ( Vishwas Agri Seeds Limited IPO Review )
(21 Mar 2024 – 26 Mar 2024)
Vishwas Agri Seeds Limited started in 2013. They process and sell seeds to farmers through their distribution network. Their seeds are known as “Vishwas” brand. They offer a variety of seeds for crops like Groundnut, Soybean, Wheat, Cumin, Green Gram, Black Gram, and hybrid seeds for Cotton, Castol, Pearl Millet, Maize, and vegetables like Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.
Their seed processing unit, along with their Warehouse & Cold storage facility, is located in Bavla, Ahmedabad, Gujarat.
By March 31, 2023, they had produced seeds for over 40 different crops and vegetables.
They operate in Gujarat, Maharashtra, and Rajasthan, offering more than 75 crop varieties.
The company has 18 employees who handle the marketing & sales of their products.
Vishwas Agri Seeds Limited IPO Competitive Strength
- 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.
Vishwas Agri Seeds IPO Financials Performance ( Results )
Vishwas Agri Seeds Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 2,095.59 | 5,382.66 | 116.30 | 200.81 | 150.81 | 1,275.08 |
| 31-Mar-22 | 3,362.93 | 6,485.80 | 247.94 | 478.75 | 398.75 | 1,697.17 |
| 31-Mar-23 | 5,351.89 | 6,532.18 | 534.14 | 1,432.89 | 732.89 | 1,877.88 |
| 30-Sep-23 | 8,071.95 | 4,247.49 | 451.01 | 1,883.90 | 1,183.90 | 2,862.87 |
Objective of Vishwas Agri Seeds IPO Issue
- Capital Expenditure to
- To Furnish the Corporate Office building
- To purchase Equipments for setting up Seed Testing laboratory
- To set-up Greenhouse (Fan-Pad System)
- To install Roof Top Solar Monocrystalline Panels (129.6KW)
- Additional Working Capital Requirement
- General Corporate Purpose
Vishwas Agri Seeds IPO Basic Details
| IPO Date | Mar 21, 2024 to Mar 26, 2024 |
| Listing Date | Monday, April 1, 2024 |
| Face Value | ₹10 per share |
| Price | ₹86 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,000,000 shares of ₹10 (aggregating up to ₹25.80 Cr) |
| Fresh Issue | 3,000,000 shares of ₹10 (aggregating up to ₹25.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,000,000 |
| Share holding post issue | 10,000,000 |
| Company Promoters | Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya & Others |
Vishwas Agri Seeds IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Vishwas Agri Seeds IPO Timetable
Vishwas Agri Seeds IPO will open on March 21, 2024 and close on March 26, 2024. You can join Vishwas Agri Seeds IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 21 March 2024 (Thursday) |
| Closing Date | 26 March 2024 (Tuesday) |
| Basis of Allotment | 27 March 2024 (Wednesday) |
| Initiation of Refunds | 28 March 2024 (Thursday) |
| Credit of Shares to Demat | 28 March 2024 (Thursday) |
| Listing Date | 1 April 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 26 March 2024 |
Vishwas Agri Seeds IPO Lot Size
For retail investors in Vishwas Agri Seeds IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹137,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹137,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| S-HNI (Min) | 2 | 3200 | ₹275,200 |
Vishwas Agri Seeds IPO Promoter Holding
The company’s promoters include Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya & Others.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 70.00% |
Vishwas Agri Seeds Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 86.00 |
| Earning Per Share (EPS) | ₹16.98 per Equity Share |
| Net Asset Value (NAV) | ₹20.47 per Equity Share |
| P/E Ratio (P/E) (x) | 5.06 |
| Post P/E Ratio (P/E) (x) | |
| Return on Net Worth (RoNW) (%) | 23.94 |
| Return on equity (ROE) (%) | 27.20 |
| Return on Capital Employed (ROCE) (%) | 14.60 |
| Debt/Equity Ratio | |
| Price/Book Value Ratio | 3.20 |
Vishwas Agri Seeds IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹0 | – | – |
| 21 March 2024 | ₹0 | – | – |
| 20 March 2024 | ₹0 | – | – |
| 19 March 2024 | ₹0 | – | – |
Vishwas Agri Seeds IPO Detail Video:
link
Vishwas Agri Seeds IPO Subscription Status (Bidding Detail)
The Vishwas Agri Seeds IPO on March 26, 2024 at 7:00:00 PM was subscribed 12.21 times, with the retail category being subscribed 11.57 times, the other category being subscribed 12.80 times.
| Category | Subscription |
| Other | 12.80x |
| Retail | 11.57x |
| Total | 12.21x |
Vishwas Agri Seeds IPO Prospectus
Vishwas Agri Seeds IPO Rating
| Our Rating | 2.5/5.0 |
Vishwas Agri Seeds Company Contact Information
Vishwas Agri Seeds Limited
Registered Office: Near Toll Tax, S. No. 460, Gangad Road, Bhayla, Bhayla, Ahmedabad, Bavla, Gujarat, India. – 382220
Email ID: cs@vishwasagriseeds.com
Tel No.: +91 6535709174
Website: www.vishwasagriseeds.com
Contact Person: Ms. Karina Dipak Chandwani Company Secretary and Compliance Officer.
Our Promoters: Mr. Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya, & Others.
Vishwas Agri Seeds IPO Registrar
Bigshare Services Pvt. Ltd.
Registered Office: 1st Floor, Bharat Tin Works Building, Opp. Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel No.: +91 – 22 – 62638200, Fax: +91 22 62638299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Babu Rapheal
SEBI Registration No.: INR000001385
Vishwas Agri Seeds IPO Lead Manager
ISK Advisors Private Limited
Registered Office: 501, A. N. Chambers, 130, Turner Road, Bandra West, Mumbai-400 050
Tel No.: +91 – 22 – 26431002
Email: ncmpl@ncmpl.com
Website: www.iskadvisors.com
Investor Grievance Email: enquiry@ncmpl.com
Contact Person: Mr. Ronak I. Kadri
SEBI Registration No. INM000012625
Vishwas Agri Seeds IPO FAQs
What is the lot size of Vishwas Agri Seeds IPO?
The total size of Vishwas Agri Seeds IPO is ₹25.80 crores and this is a complete fresh Issue.
When will Vishwas Agri Seeds IPO start?
Vishwas Agri Seeds IPO will open from 21 March 2024 and IPO will close on 26 March 2024.
What is the open date of Vishwas Agri Seeds IPO?
Vishwas Agri Seeds IPO will open date from 21 March 2024.
What is the last date ( close date ) of Vishwas Agri Seeds IPO?
Vishwas Agri Seeds IPO will close from 26 March 2024.
What is the price band of Vishwas Agri Seeds IPO?
Vishwas Agri Seeds IPO price band is ₹86.
What is the minimum amount required to apply for Vishwas Agri Seeds IPO?
The minimum investment for retailers to apply for Vishwas Agri Seeds IPO is ₹137,600 and the maximum investment is ₹137,600.
What is going on gray market premium of Vishwas Agri Seeds IPO?
View gray market premium of Vishwas Agri Seeds IPO by Clicking Here
How much is the GMP of Vishwas Agri Seeds IPO?
Watch Vishwas Agri Seeds IPO GMP Today: Click Here
What is the allotment date of Vishwas Agri Seeds IPO?
The allotment date of Vishwas Agri Seeds IPO is 27 March 2024.
How to check allotment status in Vishwas Agri Seeds IPO?
To check the allotment status of Vishwas Agri Seeds IPO, first of all go to the registrar website by clicking here, select your bad Vishwas Agri Seeds IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Vishwas Agri Seeds IPO?
The listing date of Vishwas Agri Seeds IPO is 1 April 2024.
How much will be the listing gain in Vishwas Agri Seeds IPO?
View listing gain of Vishwas Agri Seeds IPO by Clicking Here
How much time Vishwas Agri Seeds IPO is subscribed?
Total 12.21 times subscribed in Vishwas Agri Seeds IPO out of which 11.57 times subscription was done in retail quota, 12.80 times subscription in other quota.
How to apply for Vishwas Agri Seeds IPO from Upstox?
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How to apply for Vishwas Agri Seeds PO from Zerodha?
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How to apply for Vishwas Agri Seeds IPO from Angle One?
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