Vishwas Agri Seeds Limited

Company Profile
Company Name Vishwas Agri Seeds Limited
Open Date 21-03-2024
Close Date 26-03-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹86 per share
Issue Size 30,00,000 shares
Application Amount ₹1,37,600
Recommendation Apply
Incorporated in 2009 as a partnership firm, Vishwas Agri Seeds Limited has its registered office in Mumbai, Maharashtra, India. The company is in the business of processing quality seeds and supplying them to farmers via three distribution networks. The company sells its seeds under the brand name “Vishwas”. The company’s commercial operations of seed processing unit along with warehouse and cold storage facility is located in Bavla, District Ahmedabad, Gujarat. As of September 30, 2023, the company had a total of 77 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 2,095.60 3,362.94 5,351.89 8,071.96
Net Assets 200.81 478.75 1,432.89 1,883.90
Total Borrowings 1,275.08 1,697.17 1,877.88 2,862.87
Total Revenue 5,382.66 6,485.80 6,532.19 4,247.49
Profit After Tax 116.29 247.95 534.14 451.00

Tentative Timeline

Opening Date 21-03-2024
Closing Date 26-03-2024
Basis of Allotment 27-03-2024
Initiation of Refunds 28-03-2024
Credit of Shares to Demat 28-03-2024
Listing Date 01-04-2024

Objects of the Issue

Funding capital expenditure towards furnishing the corporate office building, purchasing equipment for setting up a seed testing laboratory, setting up a greenhouse (Fan-Pad System), and installing rooftop solar monocrystalline panels.
Additional working capital requirements.
General corporate purposes.

Contact Information

Registered Office Vishwas Agri Seeds Limited Near Toll Tax, S. No. 460, Gangad Road, Bhayla Ahmedabad, Bavla, Gujarat, India. - 382220
Phone +91 6535709174

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Retail Shares Offered 50% of the net offer
Other Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 70.00%

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