Upsurge Seeds of Agriculture IPO Details

Upsurge Seeds IPO subscription is to open on 29 Juy 2022 and will close on 02 Aug 2022, the price band of the Upsurge Seeds IPO is fixed at ₹ 120. Upsurge Seeds of Agriculture Limited is engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. Check the Upsurge Seeds Subscription Status & Allotment Status.

About Upsurge Seeds

Upsurge Seeds of Agriculture Limited is engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. Upsurge Seeds of Agriculture are primarily involved in seed processing wherein the improved genetic materials of the breeder seed is grown and multiplied into foundation seed. Thereafter, the foundation seed undergoes next level of processing in which the foundation seed is grown and multiplied into commercial seeds, which is then sold in market for crop production. Upsurge Seeds has different variants of seeds being sold for each crop depending upon suitability of the seeds for varying agro-climatic conditions, such as water availability, crop duration and soil attributes, across different geographic regions in India

Objects of the Issue

  • To meet Working Capital requirements
  • General Corporate Purpose
  • To meet issue expenses

Upsurge Seeds Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 4,087.49 1,811.80 835.39
Total income 7,577.15 6,290.31 1,763.73
Total Expenses 7,151.65 6,183.37 1,734.26
Profit After Tax 396.44 85.31 21.92

Upsurge Seeds of Agriculture IPO Price – Details

DescriptionDetails
Public IssueInitial Public Issue of upto 19,00,800 Equity Shares of ₹ 10 (aggregating up to ₹ 2,280.96 lakhs)
Issue Open  Date29-Jul-22
Issue Close Date02-Aug-22
Issue TypeFixed Price
IPO Price Band₹ 120
Face Value ₹ 10
Market Lot 1200 Equity Shares and in multiples thereof
Minimum Order Quantity 1200 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolUSASEEDS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Upsurge Seeds IPO DRHP & RHP

Upsurge Seeds IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11200₹ 1,44,000
Maximum11200₹ 1,44,000

Upsurge Seeds of Agriculture IPO Lead Managers

  • Finshore Management Services Limited

Upsurge Seeds of Agriculture IPO Registrar

Upsurge Seeds IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on29-Jul-22
Bid / Offer Closes on02-Aug-22
Finalisation of Basis of Allotment05-Aug-22
Initiation of refunds 08-Aug-22
Credit of the Equity Shares10-Aug-22
Listing Date11-Aug-22

Company Registered & Corporate Office

Plot No. 17, Shreenathji Industrial Estate,
National Highway 8-B,
Kuvadva, Rajkot,
Gujarat-360023, India.
Website: www.usaseedslimited.com

Company Promoters

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

Upsurge Seeds of Agriculture IPO – FAQS

What is the Upsurge Seeds IPO Price?

The Upsurge Seeds of Agriculture IPO price band is 120 per share

When Upsurge Seeds of Agriculture IPO will open?

The Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022 and closes on Aug 02, 2022

What is the lot size of Upsurge Seeds IPO?

The Upsurge Seeds IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares

Who is the Registrar for Upsurge Seeds IPO?

The Registrar for Upsurge Seeds IPO is Link Intime India Private Limited

How to apply in Upsurge Seeds IPO through UPI?

Check the step by step process here – Click here

How to apply in Upsurge Seeds IPO through Zerodha?

Check the step by step process here – Click here

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2 COMMENTS

  1. […] Upsurge Seeds IPO Allotment Status is to be finalized on Aug 05, 2022, Friday. The Upsurge Seeds of Agriculture will be listed on 11th August 2022. Upsurge Seeds of Agriculture subscription status to started from July 29 to Aug 02, 2022. The Upsurge Seeds of Agriculture consists of 19,00,800 Equity Shares of ₹ 10 (aggregating up to ₹ 2,280.96 lakhs). The price range for the offer has been fixed at ₹ 120 per share. […]

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