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.
| IPO Date | Jun 7, 2018 - Jun 12, 2018 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4,576,000 Eq Shares of ₹10 (aggregating up to ₹11.90 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹25 to ₹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 |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹104,000 |
| Maximum | 1 | 4000 | ₹104,000 |
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 2,172,000 | 2,172,000 | 4,344,000 |
Jun 12, 2018 17:00 | 2.60x | 5.69x | 4.17x |
| Listing Date | Wednesday, June 20, 2018 |
| BSE Script Code | |
| NSE Symbol | OSWALSEEDS |
| Listing In | |
| ISIN | INE00IK01011 |
| IPO Price | ₹26 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
ShreeOswal Seeds & Chemicals Limited
Oswal House
Nasirabad Highway, Village Kanwati
Neemuch- 458441 , Madhya Pradesh
Phone: +91 7423-297006
Email: info@oswalseeds.com
Website: http://www.oswalseeds.com
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
ShreeOswal Seeds & Chemicals IPO is a SME IPO of 4,576,000 equity shares of the face value of ₹10 aggregating up to ₹11.90 Crores.
The issue price of the IPO is ₹25 to ₹26 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Book Built Issue.
The IPO opens on Jun 7, 2018 and closes on Jun 12, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The ShreeOswal Seeds & Chemicals IPO opens on Jun 7, 2018 and closes on Jun 12, 2018.
ShreeOswal Seeds & Chemicals IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
The finalization of Basis of Allotment for ShreeOswal Seeds & Chemicals IPO will be done on Jun 15, 2018, and the allotted shares will be credited to your demat account by Jun 19, 2018. Check the ShreeOswal Seeds & Chemicals IPO allotment status.
ShreeOswal Seeds & Chemicals IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
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