Incorporated in 2004, Gujarat based Indo US Bio-Tech Limited is engaged in the business of breeding products, processing and marketing of high performing open-pollinated and hybrid agricultural seed varieties & (seed testing, soil & water testing ). The company has its own laboratory for seed testing at Junagadh.
The company started In-House Research and Development (R&D) unit at Modasa, District - Sabarkantha (Gujarat) for research activities to produce better and different varieties of seeds. On September 23, 2011, it got the recognition up to March 31, 2014, for In-House R&D from Government of India, Ministry of Science and Technology, Department of Scientific and Industrial Research Technology Bhavan, New Delhi (DSIR).
In the initial stage, the company was engaged in producing different varieties of oilseeds and pulses seeds, later on, it also added vegetable, spices and cereals seeds to its basket. In the year 2014, it shifted its R&D unit Gandhinagar to carry on its research activities.
As on January 31, 2018, Indo US Bio-Tech has 45 Employees in various departments.
The Promoter of the Company is Mr. Jagdish Ajudia.
|Particulars||For the year/period ended (in Rs. Lacs)|
|Profit After Tax||64.99||35.99||49.59||25.96||29.94|
The objects of the Issue are:
1. To meet Incremental Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.
»» Issue Open: Apr 30, 2018 - May 3, 2018
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,430,000 Equity Shares of Rs 10 aggregating up to Rs 7.29 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 51 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: BSE SME
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