The Vishwas Agri Seeds IPO started on March 21, 2024, and ended on March 26, 2024. Shares were allocated on March 27, 2024, and refund processes began on March 28, 2024. On March 28, 2024, the shares were credited to investors demat accounts. Vishwas Agri Seeds was officially listed on the stock exchange on April 1, 2024.
During the IPO, Vishwas Agri Seeds offered shares at a price range of ₹86 per share, and the lot size was 1600 shares. The total issue size was ₹25.80 crores, with ₹25.80 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
Vishwas Agri Seeds IPO Subscription Update Video
Vishwas Agri Seeds IPO Subscription Status
The Vishwas Agri Seeds IPO on March 26, 2024 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 Basic Details
| Company Name | Vishwas Agri Seeds Limited |
| Vishwas Agri Seeds IPO Open Date | March 21, 2024 |
| Vishwas Agri Seeds IPO Close Date | March 26, 2024 |
| Vishwas Agri Seeds IPO Allotment Date | March 27, 2024 |
| Vishwas Agri Seeds IPO Listing Date | 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 |
| Company Promoters | Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya & Others |
About Vishwas Agri Seeds Limited
Founded in 2013, Vishwas Agri Seeds Limited specializes in providing seeds to farmers through a distribution network. They market their seeds under the brand name “Vishwas”. Their product range includes seeds for various crops like Groundnut, Soybean, Wheat, Cumin, Green Gram, Black Gram, as well as hybrid seeds for Cotton, Castor, Pearl Millet, Maize, and vegetables like Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, Cabbage, Onion, Coriander, Fenugreek, Mustard, Lucerne, and Carrot.
The company’s seed processing unit, along with its Warehouse & Cold storage facility, is situated in Bavla, Ahmedabad, Gujarat.
As of March 31, 2023, Vishwas Agri Seeds Limited has produced seeds for over 40 different field crops and vegetables.
Operating in Gujarat, Maharashtra, and Rajasthan, Vishwas boasts more than 75 crop varieties.
The company’s marketing and sales are handled by a team of 18 employees.
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Vishwas Agri Seeds IPO FAQs
What is the start and end date of Vishwas Agri Seeds IPO Subscription?
The Vishwas Agri Seeds IPO started on March 21, 2024, and ended on March 26, 2024.
When does Vishwas Agri Seeds IPO Subscription open?
The Vishwas Agri Seeds IPO open on March 21, 2024.
When does Vishwas Agri Seeds IPO Subscription close?
The Vishwas Agri Seeds IPO Close on March 26, 2024.
What is the allotment date of Vishwas Agri Seeds IPO?
The allotment date for Vishwas Agri Seeds IPO is March 27, 2024.
When is the initial refund date of Vishwas Agri Seeds IPO?
The initial Refund date for Vishwas Agri Seeds IPO is March 28, 2024.
When were the shares credited to investors demat accounts for the Vishwas Agri Seeds IPO?
The shares for the Vishwas Agri Seeds IPO were credited to investors demat accounts on March 28, 2024.
When will Vishwas Agri Seeds IPO be listed on the stock market?
Vishwas Agri Seeds IPO stock market will be listed on April 1, 2024 at 10 am.
What was the price range of the Vishwas Agri Seeds IPO shares?
The Vishwas Agri Seeds IPO shares were offered at a price range of ₹86 per share.
What was the lot size for the Vishwas Agri Seeds IPO shares?
The lot size for the Vishwas Agri Seeds IPO shares was 1600 shares.
What was the total issue size of the Vishwas Agri Seeds IPO?
The total issue size of the Vishwas Agri Seeds IPO was ₹25.80 crores.
How were the shares allocated among different types of investors for the Vishwas Agri Seeds IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Vishwas Agri Seeds IPO listed?
The Vishwas Agri Seeds IPO was listed on both the NSE SME.
What is the Vishwas Agri Seeds IPO Subscription Status?
Vishwas Agri Seeds IPO is subscribed 12.21 Times.
