Incorporated in 2002, Madhya Pradesh based ShreeOswal Seeds and Chemicals Limited is an ISO 22000:2005 certified company engaged in the business of production, processing, and sale of different kind of agricultural seeds like wheat,maize,soybean,mustard,etc.
The Company processes various kinds of seeds at its processing unit located at Neemuch, Madhya Pradesh. It processes 5 varieties of wheat seeds, 5 varieties of soya bean seeds, 3 varieties of Mustard seeds, 1 variety of black gram, 1 variety of corn seeds and 1 Variety of isabgol/psyllium. The products are marketed under the brand name of OSWAL. The majority of the sales are through its own Brand which contributed 66.00 %, 85.32 %, and 95.25 % respectively to the total sales for the financial year ended March 31, 2015, 2016, and 2017 respectively.
ShreeOswal has a diversified customer base covering states like Bihar, Jharkhand, Maharashtra, Madhya Pradesh, Rajasthan, Uttar Pradesh, Delhi, and Punjab. The Company operates through a network of distributors and dealers and has an association with more than 114 dealers and distributors.
Strengths of the Company-
1. A diverse portfolio of seeds products
2. Wide distribution network across many states
3. Established brand name of OSWAL
The Promoters of the Company are Sanjay Kumar Baigani and Anil Kumar Nahata. The Promoters hold 10,669,000 Equity Shares representing 100.00% of the pre-issue paid up Capital of the Company.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 2,734.88 | 2,489.88 | 3,009.15 | 2,843.94 | 1,479.95 | |
| Total Revenue | 4,300.12 | 3,887.04 | 5,860.25 | 3,350.11 | 2,254.33 | |
| Profit After Tax | 102.39 | 32.21 | 30.98 | 17.71 | 12.50 | |
The Objects of the Issue are-
1. Purchase of New Plant & Machinery
2. Funding the working capital requirements of the Company
3. General corporate purposes.
| Issue Open | Jun 7, 2018 - Jun 12, 2018 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4,576,000 Eq Shares of Rs 10 (aggregating up to Rs 11.90 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 25 - Rs 26 Per Equity Share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Bid/Offer Opens On | Jun 7, 2018 |
| Bid/Offer Closes On | Jun 12, 2018 |
| Finalisation of Basis of Allotment | Jun 15, 2018 |
| Initiation of Refunds | Jun 18, 2018 |
| Credit of Shares to Demat Acct: | Jun 19, 2018 |
| IPO Shares Listing Date: | Jun 20, 2018 |
No. of Times Issue Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
As on Date & Time | |||||||
Shares Offered | 2,172,000 | 2,172,000 | 4,344,000 | ||||
Jun 12, 2018 17:00 | 2.60x | 5.69x | 4.17x | ||||
208 4.2 Rating:  Vote Here ... |
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Bigshare Services Pvt. Ltd » Report
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai - 400 072
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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