Upsurge Seeds of Agriculture Limited (USA) is a seeds manufacturing company engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. The company has a processing unit, which is equipped with modern technology and is spread across an area of more than 45,000 sq. feet, situated at Kuvadva, Rajkot.
The company sells its seeds under the brand name “USA seeds”. As of March 31, 2022, Upsurge Seeds of Agriculture Limited has produced seeds for more than 40 different field crops and vegetables and have operations across India covering Gujarat, Maharashtra, and Rajasthan with more than 75 varieties of Crops.
The company’s product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek etc.
Competitive Strengths
- Wide Range of Seeds and its Variants
- Quality Assurance
- Customer Satisfaction
- Experienced Promoter supported by dedicated Management team
- Proven track record of robust financial performance
Company Promoters
- Mr. Arvindkumar Jadavjibhai Kakadia
- Mr. Viken Jentilal Kakadiya
- Mrs. Sonalben Arvindbhai Kakadiya
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Assets | 4087.49 | 1811.8 | 835.39 |
| Total Revenue | 7577.15 | 6290.31 | 1763.73 |
| Profit After Tax | 396.44 | 85.31 | 21.92 |
Object Of The Issue
- To meet the Issue Expenses.
- To meet the Working Capital requirements.
- General Corporate Purpose.
Upsurge Seeds of Agriculture IPO – Details
| IPO Opening Date | 29 July 2022 |
| IPO Closing Date | 02 August 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹22.81 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹120 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Upsurge Seeds of Agriculture IPO – Date Schedule
| IPO Open Date | 29 July 2022 |
| IPO Close Date | 02 Aug 2022 |
| Basis of Allotment Date | 05 Aug 2022 |
| Initiation of Refunds | 08 Aug 2022 |
| Credit of Shares to Demat Account | 10 Aug 2022 |
| IPO Listing Date | 11 Aug 2022 |
Upsurge Seeds of Agriculture IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,44,000 |
| Maximum | 1 | 1200 | 1,44,000 |
Upsurge Seeds of Agriculture IPO Promoter Holding
| Pre Issue Share Holding | 96.92% |
| Post Issue Share Holding | 70.82% |
Upsurge Seeds of Agriculture IPO Prospectus
Company Contact Information
| Upsurge Seeds of Agriculture Limited Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, Gujarat 360023 Phone: +91- 96879 65596 Email: info@usalimited.in Website: http://www.usaseedslimited.com/ |
Upsurge Seeds of Agriculture IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: upsurgeipo@linkintime.co.in Website: https://linkintime.co.in/ |
Upsurge Seeds of Agriculture IPO Lead Manager(s)
| 1. Finshore Management Services Limited |
Upsurge Seeds of Agriculture IPO FAQs
| What is Upsurge Seeds of Agriculture IPO? Upsurge Seeds of Agriculture IPO is a SME IPO. The issue is priced at ₹10 per equity share. The IPO is to be listed on NSE SME. |
| When Upsurge Seeds of Agriculture IPO will open? The IPO is to open on 29 July 2022 for NII and Retail Investors. |
| What is Upsurge Seeds of Agriculture IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Upsurge Seeds of Agriculture IPO? You can apply Upsurge Seeds of Agriculture IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Upsurge Seeds of Agriculture IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Upsurge Seeds of Agriculture”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Upsurge Seeds of Agriculture IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Upsurge Seeds of Agriculture”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Upsurge Seeds of Agriculture IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Upsurge Seeds of Agriculture”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Upsurge Seeds of Agriculture IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Upsurge Seeds of Agriculture”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Upsurge Seeds of Agriculture IPO Size? Upsurge Seeds of Agriculture IPO size is ₹22.81 crores. |
| What is Upsurge Seeds of Agriculture IPO Price Band? Upsurge Seeds of Agriculture IPO Price Band is ₹10. |
| What is Upsurge Seeds of Agriculture IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,44,000 amount while the maximum bid is 1200 shares with ₹1,44,000. |
| What is the Upsurge Seeds of Agriculture IPO Allotment Date? Upsurge Seeds of Agriculture IPO allotment date is []. |
| What is the Upsurge Seeds of Agriculture IPO Listing Date? Upsurge Seeds of Agriculture IPO listing date is []. The IPO is to list on NSE SME. |
