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Upsurge Seeds of Agriculture Ltd

Registered Office : PNo 17 Shreenathji Indl.Estate,National Highway 8-B Kuvadva,Rajkot Gujarat 360023 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

Opens On

Closes On

29-Jul-2022

02-Aug-2022

Money Payable On

Application

Allotment

120.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

22.31

22.81

7.06

120.00

Finshore Management Services Ltd

Projects

Working capital requirements

General 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