Vishwas Agri Seeds IPO opens today on 21 March 2024, Thursday. The company is doing well as of now. They deal in providing wheat, cumin, onion, coriander, mustard, and corn seeds. As the name says, seeds are their main product. We will share details about Vishwas Agri Seeds’ IPO below. They have a face value of Rs. 10 per share. Let us look at the company’s IPO details, share price, subscription status, and more.
Vishwas Agri Seeds IPO Date, and Price Band
Vishwas Agri Seeds IPO opens on 21 March 2024, Thursday and closes on 26 March 2024, Tuesday. The company is providing the shares at a face value of Rs. 10 per share with a price of Rs. 86 per share. The company has a Lot Size of 1600 shares with a total issue size of 3,000,000 shares. Vishwas Agri Seeds will have a basis of allotment (expected) on 27 March 2024 with an expected listing on 1 April 2024. Vishwas Agri Seeds divides the shares into NII and Retail.
They have been profitable for the year. The company had a PAT (Profit After Tax) of Rs. 451.01 Lakhs and a net worth of Rs. 1,883.90 Lakhs. The PAT for the March end of 2023 was Rs. 534.14 Lakhs with a net worth of Rs. 1,432.89 Lakhs. Let us have a look at the subscription status of Vishwas Agri Seeds below:
Vishwas Agri Seeds IPO Subscription Status
Vishwas Agri Seeds has the following subscription status:
- Non-Institutional Buyers: 0.48 times subscription
- Retail Investors: 1.36 times
The above chart shows that the company has its shares from non-institutional buyers subscribed at 0.48 times. Apart from that, around 1.36 times is the retail investor’s subscription status. It aggregates to a total amount of Rs. 22.48 Crore. Thus, there have been around 1,207 applications in total now. The total shares subscribed is 0.92 times. Let us move to the GMP Price of Vishwas Agri Seeds below.
Vishwas Agri Seeds IPO GMP Today
Vishwas Agri Seeds has the following GMP price (Grey Market Premium Price):
| Date | GMP Price |
|---|---|
| 19-03-2024 | Rs. 0 |
| 20-03-2024 | Rs. 0 |
| 21-03-2024 | Rs. 0 |
The company is not providing a Grey Market Premium price for its IPO at the moment. Thus, this benefit will not be available to the investors. After the allotment is over, the investors can check the allotment status from the registrar. In the case of Vishwas Agri Seeds, you can visit Bigshare Services Pvt. Ltd. for the allotment status check. You just need to tap on the Check Allotment Status> company name> PAN Number> Search. We will shortly update you about the upcoming IPO subscription status. Vishwas Agri Seeds is a company many are looking to invest in.