Upsurge seeds of agriculture IPO (USA) is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing of a variety of seeds for a range of field crops and vegetables.
Upsurge seeds of agriculture IPO – overview
| IPO Dates | 29 Jul -02 Aug 2022 |
| IPO Price | INR 120 per share |
| Fresh issue | 1,900,800 shares (INR 22.81 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,900,800 shares (INR 22.81 crore) |
| Minimum bid (lot size) | 1200 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Upsurge seeds of agriculture IPO -Tentative Dates
| IPO Offer Opening Date | 29 July 2022 |
| IPO Closing Date | 02 August 2022 |
| Finalisation of Basis of Allotment | 05 August 2022 |
| Initiation of refunds | 08 August 2022 |
| Transfer of shares to demat accounts | 10 August 2022 |
| IPO Listing Date | 11 August 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2017, Upsurge Seeds of Agriculture Limited (USA) is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. The company has a processing unit, which is equipped with modern technology and is spread across an area of more than 45,000 sq. feet, situated at Kuvadva, Rajkot.
The company sells its seeds under the brand name “USA seeds”. As of March 31, 2022, Upsurge Seeds of Agriculture Limited has produced seeds for more than 40 different field crops and vegetables and have operations across India covering Gujarat, Maharashtra, and Rajasthan with more than 75 varieties of Crops.
The company’s product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek etc.
Strengths:
- Wide Range of Seeds and its Variants
- Quality Assurance
- Customer Satisfaction
- Experienced Promoter supported by dedicated Management team
- Proven track record of robust financial performance
Objects of the Issue
- Funding working capital requirements.
- General corporate purposes.
Company Financials
| Particulars | 31-March-22 | 31-March -21 | 31-March-20 |
| Total Assets | 4087.49 | 1811.8 | 835.39 |
| Total Revenue | 7577.15 | 6290.31 | 1763.73 |
| Profit After Tax | 396.44 | 7577.15 | 21.92 |
Company Contact Information
Upsurge Seeds of Agriculture Limited
Plot No. 17, Shreenathji Industrial Estate,
National Highway 8-B, Kuvadva,
Rajkot, Gujarat 360023
Phone: +91- 96879 65596
Email: info@usalimited.in
Website: http://www.usaseedslimited.com/
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: upsurgeipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- Finshore Management Services Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
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