Upsurge Seeds of Agriculture IPO Details: The subscription period for the Upsurge Seeds of Agriculture IPO 2022 of Rs. 22.80 Cr. through a new issue is from July 29 to August 8, 2022. Growing, developing, processing, and marketing a variety of seeds for a variety of field crops and vegetables are the core competencies of Upsurge Seeds of Agriculture. They are a technology-focused manufacturer of seeds.
Upsurge Seeds of Agriculture IPO Details
|IPO Opening Date||Jul 29, 2022|
|IPO Closing Date||Aug 2, 2022|
|Price Band||Rs. 120 per share|
|Lot Size||1200 Shares|
|Issue Size (Rs. Cr.)||1,900,800 shares of Rs.10 (aggregating up to Rs.22.81 Cr)|
|Fresh Issue||1,900,800 shares of Rs.10 (aggregating up to Rs.22.81 Cr)|
|Face Value||Rs. 10 per equity share|
|Issue Type||Fixed Price Issue IPO|
|Exchange Board||NSE & SME|
|Retail Shares Offered||50% of the net offer|
|NII (HNI) Shares Offered||50% of the net offer|
|Basis of Allotment Date||Aug 5, 2022|
|Initiation of Refunds||Aug 8, 2022|
|Credit of Shares to Demat Account||Aug 10, 2022|
|Upsurge Seeds of Agriculture IPO Listing Date||Aug 11, 2022|
Upsurge Seeds of Agriculture IPO Date
The company previously stated that its initial public offering (IPO) will begin on 19 July and end on 8 August 2022. Bidding for the anchor investor will begin on May 19, 2022.
Upsurge Seeds of Agriculture IPO Price
The Upsurge Seeds of Agriculture Limited IPO price has been set at Rs. 120 per equity share. The company offers a wide range of seeds and their variants. Experienced management team & robust financial performance.
Upsurge Seeds of Agriculture IPO Lot Size
The IPO lot size for Upsurge Seeds of Agriculture is 1200 shares. An individual retail investor may submit an application for up to 1 lot (1200 shares, or Rs. 144,000).
Upsurge Seeds of Agriculture IPO Issue Size
Upsurge Seeds of Agriculture IPO is opening in end of the july 2022 and will close on first week of August 2022. Upsurge Seeds of Agriculture IPO issue size is Rs 22.81 crore. They work mostly in the seed processing industry, where foundation seed is produced using breeder seed’s improved genetic material.
Upsurge Seeds of Agriculture IPO Allotment Date and Listing Date
The tentative timing for the share allocation announcement is Aug 5, 2022. The most likely listing date for the IPO is Aug 11, 2022.
About Upsurge Seeds of Agriculture Limited IPO
Upsurge Seeds of Agriculture Limited (USA), a firm that manufactures seeds, was founded in 2017. They grow, develop, process, and market a variety of seeds for a variety of field crops and vegetables. The business operates a processing facility in Kuvadva, Rajkot, that is outfitted with contemporary technology and spans more than 45,000 square feet.
Under the trade name “USA seeds,” the corporation markets its seeds. As of March 31, 2022, Upsurge Seeds of Agriculture Limited has operations across India, spanning Gujarat, Maharashtra, and Rajasthan with more than 75 varieties of crops, and had produced seeds for more than 40 distinct field crops and vegetables.
Crop seeds for groundnut, wheat, cumin, green gramme, and black gramme, as well as vegetable seeds for onion, coriander seeds, fenugreek, etc., are all part of the company’s product line.
Promoters of Upsurge Seeds of Agriculture IPO
Mr. Arvindkumar Jadavjibhai Kakadia, Mr. Viken Jentilal Kakadiya and Mrs. Sonalben Arvindbhai Kakadiya are the company promoters.