|
|
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.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 1,293.66 | 1,368.76 | 767.52 | 605.19 | 626.38 | |
| Total Revenue | 2,457.79 | 1,914.53 | 1,966.07 | 1,485.50 | 1,493.84 | |
| 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.
| Indo US BioTech IPO Date | Apr 30, 2018 to May 3, 2018 |
| Indo US BioTech IPO Face Value | ₹10 per share |
| Indo US BioTech IPO Price | ₹51 per share |
| Indo US BioTech IPO Lot Size | 2000 Shares |
| Issue Size | 1,430,000 shares of ₹10 (aggregating up to ₹7.29 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The Promoter of the Company is Mr. Jagdish Ajudia. |
The Indo US BioTech IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹102,000 |
| Retail (Max) | 1 | 2000 | ₹102,000 |
Super profits for FY17 and seven months of FY 18 appears to have been window dressed before IPO and are a major concern for its sustainability. Considering this, cash surplus risk savvy investors may consider investment at their own risk for long term.
Read detail review...The Indo US BioTech IPO is subscribed 19.74 times on May 3, 2018 5:00:00 PM. The public issue subscribed 19.87 times in the retail category, times in the QIB category, and 19.52 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 19.52 |
| Retail | 19.87 |
| Total | 19.74 |
| Listing Date | Friday, May 11, 2018 |
| BSE Script Code | 541304 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE250Z01010 |
| IPO Price | ₹51 per share |
| Face Value | ₹10 per share |
|
|
Indo US Bio-Tech Limited
309, Shanti Mall,
Satadhar Char Rasta, Opp. Navrang Tower,
Sola Road, Ahmedabad - 380 061
Phone: +91 - 79 - 2749 1807
Email: compliance@indousagriseeds.com
Website: http://www.indousagriseeds.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Indo US BioTech IPO is a SME IPO of 1,430,000 equity shares of the face value of ₹10 aggregating up to ₹7.29 Crores. The issue is priced at ₹51 per share. The minimum order quantity is 2000 Shares.
The IPO opens on Apr 30, 2018, and closes on May 3, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Indo US BioTech IPO opens on Apr 30, 2018 and closes on May 3, 2018.
Indo US BioTech IPO lot size is 2000 Shares and the minimum order quantity is .
You can apply in Indo US BioTech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Indo US BioTech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Indo US BioTech IPO allotment status.
IPO Mentor (800+ Posts, 600+ Likes)
Useful Articles
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
IPO Guru (1600+ Posts, 900+ Likes)
Top Contributor (300+ Posts, 100+ Likes)
