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Vishwas Agri Seeds IPO – Important Dates, Price, GMP & Apply or Not

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Vishwas Agri Seeds Ltd who are involved in processing and supply of seeds are raising ₹ 25.8 crores approximately through initial public offerings (IPO). The IPO will be open from 21 March, 2024 and will close on 26 March, 2024. The IPO Price band is set to ₹86 and a retail investor can do minimum investment of 1,37600 for a single lot of 1600 shares.

Vishwas Agri Seeds Private Limited Company headquartered in Rajkot (Gujrat) serves millions of farmers by providing 46 Crops and 151 products through more than 600 dealers and distributors across Gujrat and Rajasthan. The company now directly connects farmers. Vishwas Agri Seeds grows from a tiny, independently owned company to a major corporation through excellent execution and strategic partnerships.

Company deals in Crops Seeds like Groundnut, Soyabean, Green Gram, Black Gram etc as well as hybrid vegetable seeds like Tomato, Brinjal, Watermelon, Sweet Corn, Mustard, Carrot.

Vishwas Agri Seeds IPO Important Dates And Prices

IPO Opening Date21 March, 2024
IPO Closing Date26 March, 2024
IPO Allotment Date27 March, 2024
Date of Refund Initiation28 March, 2024
Single Price₹ 86
Total Shares1600/Lot
Minimum Investment₹ 1,37600
IPO Listing01 April, 2024
Listing OnNSE Only

Vishwas Agri Seeds IPO Important Details

IPO Issue Size₹ 25.8 Crores
IPO Face Value₹ 10/Share
IPO Retail Percentage50%
IPO Mandate Last Date26 March, 2024 (Till 5 PM)
IPO RegistrarBigshare Services Pvt Ltd

Vishwas Agri Seeds IPO GMP (Grey Market Premium)

As On 20-03-2024₹5
As On 21-03-2024₹5
As On 22-03-2024₹5
As On 23-03-2024₹5
As On 26-03-2024₹9
As On 27-03-2024₹10
As On 28-03-2024₹10

Vishwas Agri Seeds Pvt. Ltd. Qualities

  • Company processes their seeds in hi-tech processing unit which gives maximum germination.
  • Company has a wide network of authorized dealers and distributors.
  • They also provide important tips, to increase the productivity.
  • Company has a proper R&D team that constantly works on various products to add value, improve volume and provide superior quality products.

Vishwas Agri Seeds Limited Promoters

  • Mr. Ashokbhai Sibabhai Gajera (Managing Director)
  • Mr. Bharatbhai Sibabhai Gajera (Executive Director)
  • Mr. Dineshbhai Madhabhai Suvagiya (Executive Director & CFO)
  • Ms. Ilaben Pareshbhai Patel
  • Mr. Maheshbhai Sibabhai Gajera
  • Mr. Kalubhai Maganbhai Vekariya
  • Mr. Ketankumar Babulal Suvagiya
  • Mr. Babubhai Laljibhai Suvagiya
  • Mr. Rameshbhai Laljibhai Suvagiya
  • Mr. Shivlal Veljibhai Bhanderi

Shareholding Pattern or Promoter Holding in Vishwas Agri Seeds IPO

Equity ShareholdingNo. of SharesPercentage of Shares
Pre Issue7,000,000100.00%
Post Issue10,000,00070.00%

Vishwas Agri Seeds IPO Review (May Apply)

Vishwas Agri Seeds company EPS(Earning Per Share) is 16.98. The company has an ROE of around 27% and RoNW of about 24%.

Vishwas Agri Seeds IPO Important Links

Allotment Status or Registrar LinkBigshare Services Pvt Ltd.
Company Websitevishwasagriseeds.com
Incorporated InMarch 03 2013
Registered OfficeNear Toll Tax, S. No. 460, Gangad Road, Bhayla, Ahmedabad, Bavla,
Gujarat – 382220, India
DownloadDRHP PDF

FAQ’s Related to Vishwas Agri Seeds IPO

  1. When Is the Vishwas Agri Seeds Company Incorporated?

    Vishwas Agri Seeds is Incorporated in 2010 by Mr. Dineshbhai in Gavliwad, Rajkot, Gujrat.

  2. From Which Date Vishwas Agri Seeds IPO will open?

    Vishwas Agri Seeds IPO will open from 21st March, 2024.

  3. What is the last date to apply for the Mandate of Vishwas Agri Seeds IPO?

    Vishwas Agri Seeds IPO last date to apply for the Mandate is 26th March, 2024.

  4. How many shares are there in One Lot of Vishwas Agri Seeds IPO?

    Vishwas Agri Seeds IPO – 1 Lot includes 1600 Shares with Minimum Investment of 1,37600 Only.

  5. Can I Apply For Multiple Lots of Vishwas Agri Seeds IPO?

    Yes, You Can Apply For More than 1 Lot but it is not advisable. Rather You Should Apply For the Vishwas Agri Seed IPO From Some other Demat Account of your Family Members.

  6. When is the issue size and face value of Vishwas Agri Seeds IPO?

    Vishwas Agri Seeds IPO issue size is approximately 25.8 Crores and has a face value of 10 per equity share.

How You Can Apply For Vishwas Agri Seeds IPO or Any Other IPO?

You must first open a DEMAT account in order to apply for the Vishwas Agri Seeds IPO. With Groww, Paytm Money, Angel One, Upstox, Zerodha, and Paytm, you can open a demat account online. After opening your DEMAT account, simply open any of the above mentioned apps, go to the IPO section, choose Vishwas Agri Seeds, and then click Apply Now to submit an application for a mandate. You can apply using your UPI ID by clicking on Apply For IPO after entering your investment lots and your UPI ID. Within a few minutes of clicking “Apply for IPO,” a mandate request will appear on your UPI platform. It can sometimes take up to an hour.

If You did not received Mandate Request, You Can Even Cancel the IPO application From the App You Applied And After Cancelling the Application, You can apply once again for the Vishwas Agri Seeds IPO or any other IPO which you want to Buy. On receiving Mandate, click on Accept Mandate and Enter your UPI Pin and your Mandate Amount or the IPO Amount will be blocked by the Bank, till the date of allotment. If Vishwas Agri Seeds IPO is not allotted to you, you will get your money back in the bank, your mandate will be cancelled in that case.

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