
✓
Open
29 Jul to 2 Aug, 2022
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Close
29 Jul to 2 Aug, 2022
3
Allotment
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Listing
Thu, Aug 11, 2022
Price Band
₹120 per share
Issue Size
19,00,800 shares (agg. up to ₹23 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Aug 11, 2022
Latest GMP
₹0
Est. Gain
12.5%
✦ AI Insight
GMP Trend
10-08-2022₹0Est. ₹120+12.5%
25-07-2022₹0Est. ₹120+1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 76.14x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 40.87 | 18.12 | 8.35 |
| Total Income | 75.77 | 62.90 | 17.64 |
| Profit After Tax | 3.96 | 0.85 | 0.22 |
| NET Worth | 11.19 | 3.24 | 0.92 |
| Reserves and Surplus | 6.03 | 1.27 | 0.42 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pearl Green Clubs & Resorts Ltd. | SME | ₹11.72 Cr | ₹186 | 53.6 | ₹198.50 | +6.72% | ₹93.95 (+2.23%) |
| KCK Industries Ltd. | SME | ₹4.50 Cr | ₹30 | 12.4 | ₹26.25 | -12.50% | ₹16.30 (+2.52%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirements | 21.31 |
| 2 | General corporate purposes | 1.00 |
| 3 | Issue related expenses | 0.50 |
About Upsurge Seeds of Agriculture IPO
Incorporated in 2017, Upsurge Seeds of Agriculture Limited (USA) is a seeds manufacturing company engaged in 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. Competitive 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 + Read More
Contact Details
Upsurge Seeds of Agriculture Ltd. AddressPlot No.17Shreenathji Industrial EstateNational Highway 8-B, KuvadvaRajkot, Gujarat, 360023+91- 96879 65596info@usalimited.inVisit Website