Business Standard

Upsurge Seeds of Agriculture Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

22.81 cr

Price Range (₹)

120

Lot Size

1200

Min Investment (₹)

1,44,000.00

Listing Exchange

NSE - SME

Open Date

29-Jul-2022

Close Date

02-Aug-2022

Listing Date

11-Aug-2022

Upsurge Seeds of Agriculture Ltd News

    The Shares of Upsurge Seeds of Agriculture Ltd have now been listed.

    Upsurge Seeds of Agriculture Ltd IPO Details

    Initial public ofefr of 19,00,800 equity shares of face value of Rs. 10/- each (Equity Shares) of Upsurge Seeds of Agriculture Limited (the Company or the Issuer) for cash at a price of Rs. 120/- per equity share (the Issue Price), aggregating to Rs. 22.81 crores (The Issue), of which 96,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 18,04,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 21.66 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 26.92% and 25.56% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 120/- each i.e., 12.0 times of the face value of the equity shares. The minimum lot size is 1200 equity shares

    Objective of issue

    Working capital requirements. General corporate purposes.

    Upsurge Seeds of Agriculture Ltd Contact Details

    Upsurge Seeds of Agriculture Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - info@usalimited.in

    Website - www.usaseedslimited.com