Indo US Bio-Tech IPO is set to make its debut on 30th April 18 with 7.29 Cr is engaged in the business of breeding products, processing and marketing of high performing open-pollinated
Indo US Bio-Tech IPO – overview
IPO Dates | 30 April -3 May 18 |
IPO Price | INR 51 per share |
Fresh issue | – |
Offer For Sale | Nil |
Total IPO size | 1,430,000 shares (INR 7.29 crore) |
Minimum bid (lot size) | 2000 shares |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | BSE Emerge |
Company Overview
Incorporated in 2004, Gujarat based Indo US Bio-Tech Limited is engaged in the business of breeding products, processing and marketing of high performing open-pollinated and hybrid agricultural seed varieties & (seed testing, soil & water testing ). The company has its own laboratory for seed testing at Junagadh.
The company started In-House Research and Development (R&D) unit at Modasa, District – Sabarkantha (Gujarat) for research activities to produce better and different varieties of seeds. On September 23, 2011, it got the recognition up to March 31, 2014, for In-House R&D from Government of India, Ministry of Science and Technology, Department of Scientific and Industrial Research Technology Bhavan, New Delhi (DSIR).
In the initial stage, the company was engaged in producing different varieties of oilseeds and pulses seeds, later on, it also added vegetable, spices and cereals seeds to its basket. In the year 2014, it shifted its R&D unit Gandhinagar to carry on its research activities.
As on January 31, 2018, Indo US Bio-Tech has 45 Employees in various departments.
Objects of the Issue
1. To meet the working capital requirement, and
2. To meet the expenses of the Issue
Company Financials
Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
Total Assets | 1,293.66 | 1,368.76 | 767.52 |
Total Revenue | 2,457.79 | 1,914.53 | 1,966.07 |
Profit After Tax | 64.99 | 35.99 | 49.59 |
Company Contact Information
Indo US Bio-Tech Limited
309, Shanti Mall,
Satadhar Char Rasta, Opp. Navrang Tower,
Sola Road, Ahmedabad – 380 061
Phone: +91 – 79 – 2749 1807
Email: compliance@indousagriseeds.com
Website: http://www.indousagriseeds.com
Indo US BioTech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Indo US BioTech IPO Lead Manager(s)
- Swastika Investmart Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker