Upsurge Seeds of Agriculture Limited IPO
NSE SME₹144,000 / 1200 Shares
Upsurge Seeds of Agriculture Limited IPO Details
The Upsurge Seeds of Agriculture Limited IPO price band is set between ₹120 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Jul, 2022 and closes on 2 Aug, 2022. Investors can check the allotment status on 8 Aug, 2022, while the listing date is tentatively scheduled for 11 Aug, 2022.
The total issue size is 1,900,800 shares of ₹10 , aggregating up to ₹22.81 Cr. Stay tuned for the latest Upsurge Seeds of Agriculture Limited IPO review and GMP updates.
Upsurge Seeds of Agriculture Limited IPO Review, Rating & Analysis
Upsurge Seeds of Agriculture Limited IPO Review
NO REVIEWUpsurge Seeds of Agriculture Limited IPO Rating
Upsurge Seeds of Agriculture Limited IPO Highlights
IPO Date
Jul 29, 2022 - Aug 2, 2022
Listing Date
11 Aug, 2022
Face Value
₹10 Per Equity Share
Price Band
₹120 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Upsurge Seeds of Agriculture Limited IPO Lot Size
The minimum market lot for Upsurge Seeds of Agriculture Limited IPO is 1200 shares with an application amount of ₹1,44,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,44,000 |
| Retail (Max) | 1 | 1200 | ₹1,44,000 |
| S-HNI (Min) | 2 | 2400 | ₹2,88,000 |
| S-HNI (Max) | 6 | 7200 | ₹8,64,000 |
| B-HNI (Min) | 7 | 8400 | ₹10,08,000 |
Upsurge Seeds of Agriculture Limited IPO Timeline
Issue Price
₹120 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
Finshore Management Services LimitedIssue 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)Upsurge Seeds of Agriculture Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 4087.49 | 7577.15 | 396.44 | - | - | - |
| 31 Mar 21 | 1811.8 | 6290.31 | 85.31 | - | - | - |
| 30 Jun 20 | 835.39 | 1763.73 | 21.92 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Arvindkumar Jadavjibhai Kakadia
- Mr. Viken Jentilal Kakadiya
- Mrs. Sonalben Arvindbhai Kakadiya
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 96.92% | 70.82% |
About 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.
Upsurge Seeds of Agriculture Limited 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 |
Frequently Asked Questions about Upsurge Seeds of Agriculture Limited IPO IPO
When will Upsurge Seeds of Agriculture Limited IPO open for subscription?
The Upsurge Seeds of Agriculture Limited IPO opens on 29 Jul, 2022 and closes on 2 Aug, 2022.
What is the investors portion for Upsurge Seeds of Agriculture Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 902400.
How to apply for Upsurge Seeds of Agriculture Limited IPO?
You can apply for Upsurge Seeds of Agriculture Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Upsurge Seeds of Agriculture Limited IPO?
The issue size of Upsurge Seeds of Agriculture Limited IPO is approx ₹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) crores.
What is the price band of Upsurge Seeds of Agriculture Limited IPO?
The price band for Upsurge Seeds of Agriculture Limited IPO is ₹120 per equity share to ₹undefined.
What is the lot size of Upsurge Seeds of Agriculture Limited IPO?
The minimum bid (lot size) for Upsurge Seeds of Agriculture Limited IPO is N/A shares with an investment of approx ₹144,000 .
What is the allotment date of Upsurge Seeds of Agriculture Limited IPO?
The allotment date for Upsurge Seeds of Agriculture Limited IPO is 8 Aug, 2022.
What is the listing date of Upsurge Seeds of Agriculture Limited IPO?
The listing date for Upsurge Seeds of Agriculture Limited IPO is expected to be 11 Aug, 2022.
What is the GMP of Upsurge Seeds of Agriculture Limited IPO?
The latest Grey Market Premium (GMP) for Upsurge Seeds of Agriculture Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.