Upsurge Seeds of Agriculture Limited IPO
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Upsurge Seeds of Agriculture Limited IPO
Upsurge Seeds of Agriculture Limited is a technology driven seeds manufacturing company engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. They have different variants of seeds being sold for each crop depending upon suitability of the seeds for varying agro-climatic conditions such as water availability, crop duration and soil attributes across different geographic regions in India.
Accredited with ISO 9001:2015, this Company sells its seeds under the brand name "USA seeds". Their sole focus is to deliver "Quality Seeds to the Farmer" and this commitment to quality has resulted in USA Seeds being recognized as a premium brand by the farmers. Since the incorporation, the company has been continuously working and improving their quality to serve the clients better.
Company Promoters:
• Mr. Arvindkumar Jadavjibhai Kakadia
• Mr. Viken Jentilal Kakadiya
• Mrs. Sonalben Arvindbhai Kakadiya
Objects of this Issue:
• To meet the working capital requirements.
• To mee the issue expenses.
• General Corporate Purposes.
Financial Information of the Company:
Particulars | Amount in Lakhs (Rs.) | ||
As on 31 Mar 2022 | As on 31 Mar 2021 | As on 31 Mar 2020 | |
Total Assets | 4,087.49 | 1,811.80 | 835.39 |
Total Liabilities | 2,968.19 | 1,487.35 | 743.26 |
Net Profit | 396.44 | 85.31 | 21.92 |
The offer:
Particulars | Shares Available for allotment | |
Issue Reserved for the Market maker | Up to 96,000 Equity Shares | |
Net Issue to the Public | Retail Individual Investors for up to ₹2 Lacs | At least 9,02,400 Equity Shares |
Other Investors for above ₹2 Lacs | Not more than 9,02,400 Equity Shares | |
Net offer size | Up to 19,00,800 Equity Shares | |
Issue Open | 29 Jul 2022 |
Issue Close | 02 Aug 2022 |
IPO Price | ₹120 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹22.81 Cr. |
Listing At | NSE SME |
IPO Lot Size | 1200 Shares |
Upsurge Seeds of Agriculture Limited IPO Schedule
1. Bid or Offer Opens on: 29 Jul 2022
2. Bid or Offer Closes on: 02 Aug 2022
3. Finalization of BoA: 05 Aug 2022
4. Initiation of Refunds: 08 Aug 2022
5. Credit of shares to demat account: 10 Aug 2022
6. Listing Date: 11 Aug 2022
Pre-Issue Share Holding | 96.92% |
Post-Issue Share Holding | 70.82% |
Market lot size of the Upsurge Seeds of Agriculture Limited IPO is 1200 shares. Minimum and maximum order quantity is as follows:
Application | Lots | Shares | Amount |
Minimum | 1 | 1200 | ₹1,44,000 |
Maximum | 1 | 1200 | ₹1,44,000 |
Company Contact Details:
Upsurge Seeds of Agriculture Limited
Plot No. 17, Shreenathji Industrial
Estate, National Highway 8-B,
Kuvadva, Rajkot, Gujarat360023, India.
Phone: +91- 96879 65596
Email: info@usalimited.in
Website: http://www.usaseedslimited.com/
Upsurge Seeds of Agriculture Limited IPO Registrar Details:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai - 400083,
Maharashtra, India.
Phone: +91-22-4918 6270
Email: upsurgeipo@linkintime.co.in
Website: https://linkintime.co.in/
Frequently Asked Question
Upsurge Seeds of Agriculture Limited is a technology driven seeds manufacturing company engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. This Company sells its seeds under the brand name "USA seeds".
Pre-issue shareholding of the Upsurge Seeds of Agriculture IPO promoter is 96.92%.
Per share price of Upsurge Seeds of Agriculture IPO is ₹120.
Closing date of Upsurge Seeds of Agriculture IPO is Aug 02, 2022.
Face value of Upsurge Seeds of Agriculture IPO is ₹10 per share.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in Upsurge Seeds of Agriculture IPO using any one of these method as per your convenience.
Upsurge Seeds of Agriculture Shares will get listed at NSE SME.
Upsurge Seeds of Agriculture IPO shares will get listed on Aug 11, 2022.
If you do not get the allotment of Upsurge Seeds of Agriculture IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Opening date of Upsurge Seeds of Agriculture IPO is Jul 29, 2022.
If allotted, you will receive Upsurge Seeds of Agriculture IPO shares in your demat account on Aug 10, 2022.
Post-issue shareholding of the Upsurge Seeds of Agriculture IPO promoter is 70.82%.
Lot size of the Upsurge Seeds of Agriculture IPO is 1200 shares.
Minimum and maximum order quantity is same i.e., 1 lot only.