Registered Office:
PNo 17 Shreenathji Indl.Estate,National Highway 8-B Kuvadva,
Rajkot -
360023,
Gujarat, India.
Phone : 91-9687965596 Fax:
Email : info@usalimited.in
Website : www.usaseedslimited.com
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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
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Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
29-Jul-22 |
02-Aug-22 |
120.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
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(Rs.Cr) |
Lead Managers to the Issue |
Project Cost |
22.31 |
Finshore Management Services Ltd
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Project Financed through Current Offer |
22.81 |
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Post Issue Equity Share Capital |
7.06 |
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Issue Price |
120.00 |
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