Vishwas Agri Seeds Limited IPO (Vishwas Agri Seeds IPO)

Vishwas Agri Seeds Limited IPO
Upcoming Vishwas Agri Seeds IPO | New Vishwas Agri Seeds IPO

Vishwas Agri Seeds Limited is in the business of processing and supplying seeds to farmers via the distribution network. The company sells its seeds under the brand name “Vishwas“.

Vishwas Agri Seeds Limited’s product portfolio includes crop seeds for Groundnut, Soybean, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegetable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc

Vishwas Agri Seeds Limited’s commercial operations of seed processing unit along with Warehouse & Cold storage facility is located in Bavla, District: Ahmedabad, Gujarat.

As of March 31, 2023, the company has produced seeds for more than 40 different field crops and vegetables. Vishwas Agri Seeds Limited has a presence in Gujarat, Maharashtra, and Rajasthan. The company has more than 75 varieties of Crops.

The company has 18 employees who look after the marketing & sales of the products.

Vishwas Agri Seeds IPO

Vishwas Agri Seeds IPO – Details

IPO Opening Date21 March 2024
IPO Closing Date26 March 2024
Issue TypeFixed Price Issue IPO
Issue Size30,00,000 Shares Worth ₹25.80 Crore
Fresh Issue: 30,00,000 Shares Worth ₹25.80 Crore
Face Value₹10 per equity share
IPO Price₹86
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Retail Shares Offered50%
Other Shares Offered50%

Vishwas Agri Seeds IPO – Date Schedule

IPO Open Date21 March 2024
IPO Close Date26 March 2024
Basis of Allotment27 March 2024
Initiation of Refund28 March 2024
Credit of Shares to Demat Account28 March 2024
IPO Listing Date01 April 2024
Cut-off time for UPI mandate confirmation5 PM on March 26, 2024

Vishwas Agri Seeds IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,37,600
Retail (Maximum)11600₹1,37,600
HNI (Minimum)23200₹2,75,200

Competitive Strengths

  • Integrated Seed processing unit with cold storage and warehouse facility in one premise.
  • Wide range of products backed by consistent quality.
  • Experienced Promoter supported by a dedicated Management team.

Company Promoters

  • Mr. Ashokbhai Sibabhai Gajera
  • Mr. Bharatbhai Sibabhai Gajera
  • Mr. Dineshbhai Madhabhai Suvagiya
  • Ms. Ilaben Pareshbhai Patel
  • Mr. Kalubhai Maganbhai Vekariya
  • Mr. Maheshbhai Sibabhai Gajera
  • Mr. Ketankumar Babulal Suvagiya
  • Mr. Babubhai Laljibhai Suvagiya
  • Mr. Rameshbhai Laljibhai Suvagiya
  • Mr. Shivlal Veljibhai Bhanderi.

Object Of The Issue

  • Capital Expenditure to:
    • To Furnish the Corporate Office building.
    • To purchase Equipment for setting up the Seed Testing Laboratory.
    • To set up the Greenhouse (Fan-Pad System).
    • To install Roof Top Solar Monocrystalline Panels (129.6KW).
  • Additional Working Capital Requirement.
  • General Corporate Purpose.
Vishwas Agri Seeds IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202153.8252.211.1612.75
31 March 202264.8561.542.4716.97
31 March 202365.3258.185.3418.77
30 September 202342.4736.424.5128.62
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)10.62
EPS (Rs)16.98
P/E (x)5.06

Vishwas Agri Seeds IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding70.00%

Vishwas Agri Seeds IPO Prospectus

Company Contact Information

Vishwas Agri Seeds Limited

Near Toll Tax,
S. No. 460, Gangad Road, Bhayla
Ahmedabad, Bavla, Gujarat, India. – 382220

Phone: +91 6535709174

Vishwas Agri Seeds IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Vishwas Agri Seeds IPO Lead Manager(s)

1. ISK Advisors Pvt Ltd

Vishwas Agri Seeds IPO FAQs

Vishwas Agri Seeds IPO FAQs
What is Vishwas Agri Seeds IPO?

Vishwas Agri Seeds IPO is a SME IPO. The issue is priced at ₹86 per equity share. The IPO is to be listed on NSE SME.
When Vishwas Agri Seeds IPO will open?

The IPO is to open on 21 March 2024 for Retail – 50% and Other – 50% Investors.
How to Vishwas Agri Seeds IPO?

You can apply for Vishwas Agri Seeds 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 Vishwas Agri Seeds IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vishwas Agri Seeds”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Vishwas Agri Seeds IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vishwas Agri Seeds”. Click on the 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 Edelweiss.
What is Vishwas Agri Seeds’ IPO Size?

Vishwas Agri Seeds’ IPO size is ₹25.80 crores.
What is Vishwas Agri Seeds IPO Price Band?

Vishwas Agri Seeds’ IPO Price Band is ₹86.
What is Vishwas Agri Seeds IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,37,600 amount while the maximum bid is 1600 shares with ₹1,37,600.
What is the Vishwas Agri Seeds IPO Allotment Date?

Vishwas Agri Seeds IPO allotment date is  27 March 2024.
What is the Vishwas Agri Seeds IPO Listing Date?

Vishwas Agri Seeds IPO listing date is 01 April 2024. The IPO is to list on NSE SME.
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