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Usher Agro, an agri-processing company, is open for subscription with a public issue of 1,20,12,000 equity shares of Rs 10 each for cash at a premium of Rs 5 aggregating to Rs 18.02 crore (Rs 180.2 million).
Usher Agro is into manufacturing and distribution of Wheat products, Rice , Food Stuffs & Food Grains under the brand name 'Rasoi Raaja'.
| IPO Date | Sep 5, 2006 to Sep 11, 2006 |
| Listing Date | Friday, October 6, 2006 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 400 Shares |
| Issue Size | 12,012,000 shares of ₹10 (aggregating up to ₹18.02 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE |
The Usher Agro IPO lot size is 400 shares. A retail-individual investor can apply for up to 33 lots (13200 shares or ₹198,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹6,000 |
| Retail (Max) | 33 | 13200 | ₹198,000 |
| Listing Date | Friday, October 6, 2006 |
| BSE Script Code | 532765 |
| NSE Symbol | USHERAGRO |
| Listing In | |
| ISIN | INE235G01011 |
| IPO Price | ₹15 per share |
| Face Value | ₹10 per share |
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Usher Agro Ltd
Usher Agro Limited,
C – 617, Hilton Tower, Sher-E-Punjab,
Andheri (East), Mumbai - 400 093
Phone: +91-22-2836 3387
Email: usher@vsnl.com
Website: http://www.usheragro.com
Adroit Corporate Services Pvt Ltd
Phone: 91- 22- 2859 6060/2859 4060
Email: usher@isil.com
Website: http://www.adroitcorporate.com
Usher Agro IPO is a main-board IPO of 12,012,000 equity shares of the face value of ₹10 aggregating up to ₹18.02 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 400 Shares.
The IPO opens on Sep 5, 2006, and closes on Sep 11, 2006.
Adroit Corporate Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Usher Agro IPO opens on Sep 5, 2006 and closes on Sep 11, 2006.
Usher Agro IPO lot size is 400 Shares and the minimum order quantity is .
You can apply in Usher Agro 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 Usher Agro IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Usher Agro IPO allotment status.
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