* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in November 2008, SeedWorks International Limited specializes in the research, production, and marketing of hybrid seeds for rice, cotton, millet, mustard, vegetables, and fruits, along with open-pollinated variety (OPV) seeds for rice, wheat, and mustard.
The company markets its product in India as well as in the Philippines and Nepal.
The company also exports its products to countries such as Kenya, Malawi, Burkina Faso and Nigeria.
The company runs a 7,500 sq ft NABL-accredited quality control lab with advanced equipment for stringent seed quality testing. These processes yield reliable, reproducible results, ensuring only high-quality seeds reach distributors for commercialization.
As of September 30, 2024, the company offered 12 varieties of cotton seeds in the South and Central regions.
As of September 30, 2024, the company had 945 individuals, including 651 contractors, working with its farmer network year-round.
As of September 30, 2024, the company has 4 processing facilities for field crops one for vegetable crops and five warehouses covering an aggregate area of over 125,000 square feet.
As of September 30, 2024, the company's distribution network comprises more than 4,000 distributors, facilitating optimal outreach to farmers. Furthermore, the company has engaged 20 cost and freight agents to support its operations.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 420.68 | 597.76 | 418.32 | 377.10 |
| Total Income | 417.27 | 527.17 | 489.93 | 460.84 |
| Profit After Tax | 70.25 | 4.95 | 5.37 | 24.34 |
| NET Worth | 159.43 | 89.14 | 83.42 | 77.20 |
| Reserves and Surplus | 135.87 | 65.94 | 60.17 | 51.70 |
| Total Borrowing | 73.22 | 103.99 | 93.61 | 77.05 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 5.68% |
| ROCE | 10.30% |
| Debt / Equity | 0.88% |
| RoNW | 5.74% |
| PAT Margin | 0.90% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| Promoter Holding | 77.56% |