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IPO

IPO Synopsis
Upsurge Seeds of Agriculture Ltd
Registered Office: PNo 17 Shreenathji Indl.Estate,National Highway 8-B Kuvadva , Rajkot - 360023 , Gujarat , India.
Phone : 91-9687965596   Fax:
Email :  info@usalimited.in  
Website :  www.usaseedslimited.com
Initial public ofefr of 19,00,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Upsurge Seeds of Agriculture Limited (the "Company" or the "Issuer") for cash at a price of Rs. 120/- per equity share (the "Issue Price"), aggregating to Rs. 22.81 crores ("The Issue"), of which 96,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,04,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 21.66 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.92% and 25.56% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 120/- each i.e., 12.0 times of the face value of the equity shares. The minimum lot size is 1200 equity shares

Issue Money Payable On
Opens On Closes On Application Allotment
29-Jul-22 02-Aug-22 Rs120.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 22.31
Finshore Management Services Ltd
Project Financed through Current Offer 22.81  
Post Issue Equity Share Capital 7.06  
Issue Price Rs120.00  
 
Projects
Working capital requirementsGeneral corporate purposes
Promoted By
Arvindkumar Jadavjibhai Kakadi
Viken Jentilak Kakadiya
Sonalben Arvindbhai Kakdiya
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd