Business description – Continental Seeds and Chemicals is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The company is engaged in the whole process of processing in varieties of seeds, foundation seed and processing of the same into certified seeds. The company currently has two 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 company is registered with Uttrakhand Seeds certification agency and having total production capacity of company is 7080 MT per annum at plant situated at Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401 at which the company currently carries processing of seeds. The processing unit situated in Village-Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P. is currently not functional.
Promoters of Continental Seeds and Chemicals – Mr Praveen Rastogi
| Continental Seeds and Chemicals IPO details | |
| Subscription Dates | 21 – 23 March 2018 |
| IPO Price band | INR26 per share |
| Fresh issue | 1,620,000 shares (INR4.21 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,620,000 shares (INR4.21 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Use of funds
- To part finance working capital requirements – INR3.02 crore
- General corporate purpose – INR0.74 crore
- Offer related Expenses – INR0.45 crore
| Continental Seeds and Chemicals’ financial performance (in INR lakh) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 9M FY2018 | |
| Total revenue | 96.3 | 5,493.3 | 5,790.3 | 5,844.3 | 5,824.9 | 5,764.7 |
| Total expenses | 70.4 | 5,456.7 | 5,692.3 | 5,760.2 | 5,671.5 | 5,600.0 |
| Profit after tax | 15.0 | 21.6 | 26.6 | 16.2 | 48.7 | 66.2 |
Continental Seeds and Chemicals’ Contact Details
Continental Seeds and Chemicals Limited
Lower Ground Floor, Plot No. 38
Okhla Phase 3, South Delhi
New Delhi 110020
Phone: +91 11 4052 3652
Email: [email protected]
Website: www.continentalseeds.co.in
Continental Seeds IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.13 |
| Day 2 | 0.50 |
| Day 3 | 1.39 |
Continental Seeds Valuation (Latest FY)
Earnings Per Share (EPS): INR1.11
Price/Earnings (P/E) ratio: 23.42
Return on Net Worth (RONW): 8.60%
Net Asset Value (NAV): INR12.92 per share
Registrar of Continental Seeds and Chemicals IPO
MAS Services Limited
T-34, 2nd Floor
Okhla Industrial Area, Phase – II
New Delhi – 110020
Phone: +91 11 2638 7281
Fax: +91 11 2638 7384
Email:Â [email protected]
Website:Â http://www.masserv.com
Continental Seeds and Chemicals IPO Allotment Status
Continental Seeds and Chemicals IPO allotment status is now available on MAS Services’ website. Click on this link to get allotment status.
Listing performance of Continental Seeds and Chemicals
IPO Opening Date: 21 March 2018
IPO Closing Date: 23 March 2018
Listing Date: 4 April 2018
Listing Price on NSE SME: To be updated
Closing Price on NSE SME: To be updated
