Business description – ShreeOswal Seeds and Chemicals is engaged in the business of production, processing and sale of different kind of agricultural seeds, maize and soyabean. The company processes various kinds of seeds at its processing unit which is located at Neemuch, Madhya Pradesh. At present, the company processes 5 varieties of wheat seed, 5 varieties of soya bean seed, 3 varieties of Mustard seed, 1 variety of black gram, 1 variety of corn seeds and 1 Variety of isabgol/psyllium. Its products are marketed under the brand name of OSWAL. To maintain the quality of seeds, the company adopts different processes at its own laboratory such as Physical Purity Test, Moisture Test and Germination Test among others. Its subsidiary, ShreeOswal Psyllium Export India Limited, is engaged in the business of manufacturing, processing and sale of psyllium husk and psyllium husk powder. The subsidiary also produces byproducts of psyllium such as cattle feed.
Promoters of ShreeOswal Seeds and Chemicals – Anil Kumar Nahata and Sanjay Kumar Baigani
| ShreeOswal Seeds and Chemicals IPO details | |
| Subscription Dates | 7 – 12 June 2018 |
| IPO Price band | INR25 – 26 per share |
| Fresh issue | 4,578,000 shares (INR11.45 – 11.90 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,578,000 shares (INR11.45 – 11.90 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
- Purchase of new plant and machinery – INR1.63 crore
- Working capital requirements – INR6.25 crore
- General corporate purposes
- Public issue expenses
| ShreeOswal Seeds and Chemicals’ financial performance (in INR lakh) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 2,254.3 | 3,350.1 | 5,860.3 | 3,887.0 | 4,300.1 | |
| Total expenses | 2,236.2 | 3,324.5 | 5,815.4 | 3,840.5 | 4,146.9 | |
| Profit after tax | 12.5 | 17.7 | 31.0 | 32.2 | 102.4 | |
ShreeOswal Seeds and Chemicals’ Contact Details
ShreeOswal Seeds and Chemicals Limited
“Oswal House”, Opposite Balkavibairagi College
Nasirabad Highway, Village Kanwati,
Neemuch- 458441
Phone: +91 7423 297006
Email: [email protected]
Website: www.oswalseeds.com
ShreeOswal Seeds and Chemicals IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.50 |
| Day 2 | 0.79 |
| Day 3 | 1.55 |
| Day 4 | 3.96 |
ShreeOswal Seeds and Chemicals Valuation (Latest FY)
Earnings Per Share (EPS): INR1.66
Price/Earnings (P/E) ratio: 15.06 – 15.66
Return on Net Worth (RONW): 16.92%
Net Asset Value (NAV): INR9.81 per share
Registrar of ShreeOswal Seeds and Chemicals IPO
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
ShreeOswal Seeds and Chemicals IPO Allotment Status
ShreeOswal Seeds and Chemicals IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of ShreeOswal Seeds and Chemicals
IPO Opening Date: 7 June 2018
IPO Closing Date: 12 June 2018
Listing Date: 20 June 2018
Listing Price on NSE SME: INR27.85 per share (up 7.12% from IPO price)
Closing Price on NSE SME: INR27 per share (up 3.85% from IPO price)
