Jivkar Seeds Ltd filed DRHP with the BSE SME on Jun 23, 2026, for its proposed Initial Public Offering (IPO).
According to the DRHP, the public issue comprises a fresh issue of up to 0.26 crore equity shares with no Offer for Sale (OFS) component.
Horizon Management Pvt.Ltd. is the lead manager for the IPO and Skyline Financial Services Pvt.Ltd. is the Registrar.
About the Company
Incorporated in April 2000, Jivkar Seeds Limited is an Indian seed company engaged in plant breeding research, seed production, processing, packaging, marketing, and distribution of open-pollinated and F1 hybrid seeds. The company operates an integrated seed value chain covering seed selection, field evaluation, contract farming, seed multiplication, quality testing, processing, storage, packaging, and distribution through channel partners and dealers.IPO Category wise Issue Reservation
According to the draft red herring prospectus, Not less than 50% of the Net Issue for Non-Institutional Investors (NIIs) and Not less than 50% of the Net Issue for Retail Individual Investors (RIIs).
Jivkar Seeds IPO Fund Utilization
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Machinery for improvement in existing production | 2.60 |
| 2 | Expansion of existing Manufacturing / Processing Facility | 0.40 |
| 3 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 1.50 |
| 4 | Funding the Working Capital requirement of the company | 9.25 |
| 5 | General corporate purposes | |
| Total | 13.74 |
Financial Performance Highlights:
Jivkar Seeds Ltd.’s total income grew by 45%, reached ₹30.10 crore in Mar 31, 2025, compared to ₹20.73 crore in Mar 31, 2024.
For the same period, profit after tax jumped 57% to ₹3.53 crore, compared to ₹2.24 crore.
For the latest period ended on Dec 31, 2025, its total income stood at ₹30.44 crore and PAT stood at ₹3.53 crore.
