Indo US Bio-Tech IPO: GMP, Price, Dates, Issue Size 

0
188
Rate this post

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 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

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) 

  1. Swastika Investmart Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

LEAVE A REPLY

Please enter your comment!
Please enter your name here