Continental Seeds and Chemicals IPO is set to make its debut on 281March 18 with 4.21 cr is a Delhi based company engaged in the business of developing, processing, grading and supplying of all kinds of agricultural foundation and certified seeds and trading of Mentha Oil.
Continental Seeds and Chemicals IPO – overview
| IPO Dates | 21-23 March 18 |
| IPO Price | INR 35 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,620,000 shares (INR 4.21 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 1983, Continental Seeds and Chemicals Limited is a Delhi based company engaged in the business of developing, processing, grading and supplying of all kinds of agricultural foundation and certified seeds and trading of Mentha Oil.
Continental Seeds has two processing units at:
i) Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401; and
ii) Village- Rahiya, Opp. Roadways workshop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P.
The total production capacity of the company is 7080 MT per annum out of which around 45% is currently used.
The Company has 15 employees on its payroll. It also employs temporary workers on a per day wages basis.
Objects of the Issue
1 To part finance working capital requirements of the Company.
2. To meet General corporate purposes.
3. To meet the expenses of the Issue.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 1,266.44 | 1,220.71 | 921.67 |
| Total Revenue | 5,824.94 | 5,844.31 | 5,790.33 |
| Profit After Tax | 48.70 | 16.16 | 26.60 |
Company Contact Information
Continental Seeds and Chemicals Ltd
Lower Ground Floor, Plot No. 38
Okhla Phase 3, South Delhi,
New Delhi 110020
Phone: +011-40523652
Email: info@continentalseeds.co.in
Website: http://www.continentalseeds.co.in
Continental Seeds and Chemicals Ltd IPO Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Continental Seeds and Chemicals Ltd IPO Lead Manager(s)
- Navigant Corporate Advisors Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
