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Vishwas Agri Seeds Ltd

Registered Office: S No 460 Gangad Road Bhayla,Bhayla Bavla, Ahmedabad - 382220, Gujarat, India.
Phone : +91 65357 09174   Fax:
Email :  cs@vishwasagriseeds.com  
Website :  www.vishwasagriseeds.com

Initial public offer of upto 30,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Vishwas Agri Seeds Limited (the "Company" or "VASL" or "The Issuer") for cash at a price of Rs. 86 per share (including a share premium of Rs. 76 per equity share) (the "Issue Price"), aggregating to Rs. 25.80 crores ("The Issue"), of which upto 1,52,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 28,48,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.00% and 28.48%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 8.6 time of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Mar-24 26-Mar-24 86.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 23.90 ISK Advisors Pvt Ltd
Project Financed through Current Offer 25.80  
Post Issue Equity Share Capital 10.00  
Issue Price 86.00  

Projects

  • To furnish the corporate office building
  • Topurchase equipment for setting up seed testing laboratory
  • To set-up Greenhouse (Fan-Pad System)
  • To install roof top solar monocrystalline panels (129.6KW)
  • Additional working capital requirement
  • General corporate purposes

Promoted By

Ashokbhai Sibabhai Gajera

Bharatbhai Sibabhai Gajera

Dineshbhai Madhabhai Suvagiya

Listing At

NSE - SME

Registrar to the Issue

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