Last updated on April 2, 2024
Vishwas Agri Seeds IPO description – Established in 2013, Vishwas Agri Seeds operates in the seed processing and distribution sector, providing farmers with high-quality seeds through an extensive distribution network. Marketed under the brand name ‘Vishwas’, the company’s product range encompasses various crop seeds, including Groundnut, Soybean, Wheat, Cumin, Green Gram, and Black Gram, as well as Research Hybrid seeds for Cotton, Castol, Pearl Millet, and Maize. Additionally, Vishwas Agri Seeds offers hybrid vegetable seeds such as Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, Cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, and Carrot.
As of 31 March 2023, Vishwas Agri has produced seeds for over 40 different field crops and vegetables. Its products are distributed across Gujarat, Maharashtra, and Rajasthan through its sales and distribution network. Vishwas offers more than 75 varieties of crops.
In July 2023, the company commenced commercial operations of its seed processing unit, as well as a warehouse and cold storage facility situated in Bavla, Ahmedabad, Gujarat. This unit is equipped with warehousing capable of storing 4200 metric tons (MT) of stock and a cold storage facility with a capacity to store 3000 MT of stock.
Promoters of Vishwas Agri Seeds – Mr.Ashokbhai Sibabhai Gajera, Mr. Bharatbhai Sibabhai Gajera, Mr.Dineshbhai Madhabhai Suvagiya & Others
Table of Contents
Vishwas Agri Seeds IPO Details
| Vishwas Agri Seeds IPO Dates | 21 – 26 March 2024 |
| Vishwas Agri Seeds Issue Price | INR 86 per share |
| Fresh issue | 3,000,000 shares (INR 25.80 crore) |
| Offer For Sale | NIL |
| Total IPO size | 3,000,000 shares (INR 25.80 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 137,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Vishwas Agri Seeds Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 53.82 | 64.86 | 65.31 | 42.46 |
| Expenses | 52.22 | 61.54 | 58.18 | 36.43 |
| Net income | 1.16 | 2.48 | 5.34 | 4.51 |
Vishwas Agri Seeds Offer News
- Vishwas Agri Seeds RHP
- Vishwas Agri Seeds Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vishwas Agri Seeds Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.65 | 9.49 | 16.98 |
| PE ratio | – | – | 5.06 |
| RONW (%) | 57.91 | 51.79 | 37.28 |
| NAV | 40.16 | 59.84 | 20.47 |
| ROCE (%) | 15.23 | 19.99 | 23.84 |
| EBITDA (%) | 4.07 | 6.78 | 12.11 |
| Debt/Equity | – | – | – |
Vishwas Agri Seeds IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
| – | – | – | – |
Vishwas Agri Seeds IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,424,000 | 1,424,000 | 2,848,000 |
| 26 Mar 2024 | 12.90 | 11.56 | 12.23 |
| 22 Mar 2024 | 0.84 | 2.72 | 1.78 |
| 21 Mar 2024 | 0.48 | 1.36 | 0.92 |
The market maker reservation portion of 152,000 shares is not included in the above calculations.
Vishwas Agri Seeds IPO Allotment Status
Vishwas Agri Seeds IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Vishwas Agri Seeds IPO Dates & Listing Performance
| IPO Opening Date | 21 March 2024 |
| IPO Closing Date | 26 March 2024 |
| Finalization of Basis of Allotment | 27 March 2024 |
| Initiation of refunds | 28 March 2024 |
| Transfer of shares to demat accounts | 28 March 2024 |
| IPO Listing Date | 1 April 2024 |
| Opening Price on NSE SME | INR 85 per share (down 1.16%) |
| Closing Price on NSE SME | INR 83.60 per share (down 2.79%) |
Vishwas Agri Seeds Offer Lead Manager
ISK ADVISORS PRIVATE LIMITED
501, A. N. Chambers, 130,
Turner Road, Bandra West, Mumbai-400 050
Phone: +91 – 22 – 26431002
Email:Â [email protected]
Website:Â www.iskadvisors.com
Vishwas Agri Seeds Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Vishwas Agri Seeds IPO Contact Details
VISHWAS AGRI SEEDS LIMITED
Near Toll Tax, S. No. 460, Gangad Road, Bhayla,
Bhayla, Ahmedabad, Bavla, Gujarat, India. – 382220
Phone: +91 6535709174
E-mail: [email protected]
Website: www.vishwasagriseeds.com
IPO FAQs
What is the Vishwas Agri Seeds offer size?
Vishwas Agri Seeds offer size is INR 25.80 crores.
What is the Vishwas Agri Seeds offer price band?
Vishwas Agri Seeds public offer price is INR 86 per share.
What is the lot size of the Vishwas Agri Seeds IPO?
Vishwas Agri Seeds offer lot size is 1,600 shares.
What is Vishwas Agri Seeds IPO GMP today?
Vishwas Agri Seeds IPO GMP today is INR NA per share.
What is the Vishwas Agri Seeds kostak rate today?
Vishwas Agri Seeds kostak rate today is NA per application.
What is Vishwas Agri Seeds Subject to Sauda rate today?
Vishwas Agri Seeds are Subject to the Sauda rate today is INR NA per application.
