About Vishwas Agri Seeds Limited
Vishwas Agri Seeds Limited is launching its IPO. The IPO opens for subscription on 21st March 2024 and will close on 26th March 2024.
Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on the listing.
What does Vishwas Agri Seeds Limited do?
Incorporated in 2013, the company is engaged in the agricultural sector, primarily focusing on seed processing and distribution. The company operates from a modern seed processing unit situated in Bavla, Ahmedabad, Gujarat. This facility efficiently manages the production and storage of diverse seed varieties, maintaining quality standards throughout the processing cycle.
The company’s product line is varied, with over 75 varieties of seeds, including groundnut, soybean, wheat, cumin, and hybrid seeds for vegetables and field crops. This range is intended to fulfill the agricultural needs of various regions, particularly Gujarat, Maharashtra, and Rajasthan, helping the farming community in increasing crop yield and quality. An 18-member team manages sales, while integrated facilities ensure seed quality and support sustainable agriculture.
Schedule/Timeline of Vishwas Agri Seeds Limited IPO
| Issue Period | 21st March to 26th March 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | March 27, 2024 |
| Initiation of Refunds | March 28, 2024 |
| Credit of Shares | March 28, 2024 |
| Date of Listing | April 01, 2024 |
| Mandate end date | April 10, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | April 26, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | June 25, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Vishwas Agri Seeds Limited IPO?
You can apply for the Vishwas Agri Seeds Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Vishwas Agri Seeds Limited IPO?
You can check the allotment status for the Vishwas Agri Seeds Limited IPO on the website of the Registrar and Transfer agent.