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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹25.80 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹25.80 Cr |
| Fresh Issue | ₹24.49 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹86.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VISHWAS |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | ISK Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
Incorporated in 2013, 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 have a presence in Gujarat, Maharashtra, and Rajasthan. Vishwas has more than 75 varieties of Crops.
The company has 18 employees who look after the marketing & sales of the products.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure i). To Furnish the Corporate Office building | 4.00 |
| 2 | Capital expenditure ii). To purchase Equipments for setting up Seed Testing laboratory | 1.50 |
| 3 | Capital expenditure iii) To set-up Greenhouse (Fan-Pad System). | 1.50 |
| 4 | Capital expenditure iv) To install Roof Top Solar Monocrystalline Panels (129.6KW) | 0.60 |
| 5 | Additional Working Capital Requirement | 11.00 |
| 6 | General Corporate Purpose | 5.30 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 80.72 | 53.52 | 33.63 | 20.96 |
| Total Income | 42.47 | 65.32 | 64.86 | 53.83 |
| Profit After Tax | 4.51 | 5.34 | 2.48 | 1.16 |
| NET Worth | 18.84 | 14.33 | 4.79 | 2.01 |
| Reserves and Surplus | 11.84 | 7.33 | 3.99 | 1.51 |
| Total Borrowing | 28.63 | 18.78 | 16.97 | 12.75 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 27.20% |
| ROCE | 14.60% |
| RoNW | 23.94% |
| PAT Margin | 10.62% |
| Price to Book Value | 3.20 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 16.98 | |
| P/E (x) | 5.06 | |
| Promoter Holding | 100.00% | 70.00% |
| Market Cap | ₹86.00 Cr. | |
