Upsurge Seeds of Agriculture Ltd - IPO

Upsurge Seeds of Agriculture Ltd IPO Details

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

Objective of issue

Working capital requirements. General corporate purposes.

Upsurge Seeds of Agriculture Ltd Contact Details

Upsurge Seeds of Agriculture Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - info@usalimited.in

Website - www.usaseedslimited.com