Upsurge Seeds of Agriculture Limited IPO

NSE SME

Listed On: Aug 11, 2022 at ₹ 140.0

₹ 144000 /1200 Shares

Check Allotment

IPO Details

29 Jul, 2022

Open Date

02 Aug, 2022

Close Date

08 Aug, 2022

Allotment Date

11 Aug, 2022

Listing Date

Issue Price

₹120 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

140.0

Listing Date

2022-08-11

Market Lot

1200 Shares (₹144,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr)

#Fresh Issue: 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr)

Retail Portion

N/A

Subscription

80.50 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	902,400	902,400	1,804,800
Day 1 - 29-07-22 05:00 PM	0.58 x	3.85 x	2.21 x
Day 2 - 01-08-22 05:00 PM	4.24 x	20.04 x	12.14 x
Day 3 - 02-08-22 05:00 PM	101.70 x	59.29 x	80.50 x

Valuations

Earnings Per Share (EPS)

₹9.79/-

P/E Ratio

12.26

RoNW

35.42%

Net Asset Value (NAV) - Post Issue

₹21.70/-

Company Financials All values are in ₹ Lakh

	31-Mar-22	31-Mar-21	30-Jun-20
Assets	4087.49	1811.8	835.39
Revenue	7577.15	6290.31	1763.73
Profit After Tax	396.44	85.31	21.92

About The Company

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.

- Promoter(s)

Pre Issue Share Holding: 96.92%

Post Issue Share Holding: 70.82%

Company Promoter(s)

Mr. Arvindkumar Jadavjibhai Kakadia
Mr. Viken Jentilal Kakadiya
Mrs. Sonalben Arvindbhai Kakadiya

IPO - Issue Objectives

To meet the Working Capital requirements.
General Corporate Purpose.
To meet Issue Expenses.

IPO - FAQs

Ans. Upsurge Seeds of Agriculture Limited IPO is a SME IPO. The issue is priced at ₹120 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 29, 2022, and closes on Aug 2, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Upsurge Seeds of Agriculture Limited IPO opens on Jul 29, 2022 and closes on Aug 2, 2022.

Ans. The size of Upsurge Seeds of Agriculture Limited IPO is 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr) #Fresh Issue: 1,900,800 shares of ₹10 (aggregating up to ₹22.81 Cr).

Ans. The IPO price band is set between ₹120 per equity share.

Ans. To apply for Upsurge Seeds of Agriculture Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Upsurge Seeds of Agriculture Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Upsurge Seeds of Agriculture Limited IPO is Aug 8, 2022.

Ans. The Upsurge Seeds of Agriculture Limited IPO will be listed on Aug 11, 2022.

Ans. Follow the steps to check the allotment status for Upsurge Seeds of Agriculture Limited IPO here.