Upsurge Seeds of Agriculture Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

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

Upsurge Seeds of Agriculture Limited IPO Details

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

Upsurge Seeds of Agriculture Limited IPO Promoter Holdings:

Pre-Issue Share Holding

96.92%

Post-Issue Share Holding

70.82%

Upsurge Seeds of Agriculture Limited IPO Lot Size
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.