₹86 per share. The company aims to raise over ₹25.80 crores and is entirely a fresh issue of 30,00,000 shares. Investors have the option to bid for a minimum of 1600 shares, with the opportunity to bid in multiples of this quantity.
The minimum amount of investment required by retail investors is ₹137,600. Also read: Pune E-Stock Broking shares list at 57% premium, stock closed 3% higher Around 50 percent of the issue is reserved for retail investors and the other 50 percent of the net offer has been allocated to other investors. The allotment for the Vishwas Agri Seeds IPO is likely to be completed by Wednesday, March 27, 2024.
Following this, the IPO is scheduled to be listed on the NSE SME platform, with a tentative listing date set for Monday, April 1, 2024. Isk Advisors Pvt Ltd serves as the book running lead manager for the Vishwas Agri Seeds IPO, with Bigshare Services Pvt Ltd acting as the registrar for the issue. Sunflower Broking assumes the role of the market maker for the Vishwas Agri Seeds IPO.
The promoters of the company are Ashokbhai Sibabhai Gajera, Bharatbhai Sibabhai Gajera, Dineshbhai Madhabhai Suvagiya & others. The shares of Vishwas Agri Seeds are currently not trading in the grey market premium, which means that the shares of Vishwas Agri Seeds are available at ₹0 premium in the grey market premium, according to investorgain. Established in 2013, Vishwas Agri Seeds Limited operates within the agricultural sector, specializing in the processing and distribution of seeds to farmers through an extensive network.
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