Bombay Super Hybrid Seeds IPO

Bombay Super Hybrid Seeds IPOBusiness description - Established in the year 2000, Bombay Super Hybrid Seeds is a manufacturer and supplier of premium grade Agricultural Seeds. The company is instrumental in rendering a wide assortment of ISO 9001:2008 certified quality products including Sesame Seeds, Guar Seeds, and Coriander Seeds. The company deals in own brands like Kasturi and Bombay. Its product range has jumped to more than 27 crops with more than 111 varieties in a span of just 8 years with expansion in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Andhra Pradesh and Karnataka with necessary approved licenses. The company has also successfully established distribution network of 350 plus dealers. It has also established state of art fully equipped seed processing unit and seed testing laboratory.

Promoters of Bombay Super Hybrid Seeds – Mr Arvindkumar Jadavbhai Kakadia and Mr Kiritkumar Jadavjibhai Kakadia
Bombay Super Hybrid Seeds IPO details
Subscription Dates 12 - 17 April 2018
IPO Price band INR60 per share
Fresh issue 1,732,000 shares (INR10.39 crore)
Offer for sale Nil
Total IPO size 1,732,000 shares (INR10.39 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR5 crore
  • Repayment of Loan - INR3 crore
  • General Corporate Expenses - INR2 crore
  • Issue Expenses - INR0.39 crore
Bombay Super Hybrid Seeds' financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 15.7 30.1 31.3 63.1 109.7 72.9
Total expenses 15.3 29.8 31.2 62.7 109.5 71.6
Profit after tax 0.27 0.25 0.04 0.27 0.80 0.87
Bombay Super Hybrid Seeds' Contact Details

Bombay Super Hybrid Seeds Limited
Shrinathji Industrial Estate, Plot No.-11
Near Kuvadava GIDC, 8-B, National Highway
Rajkot – 360023

Phone: +91 9687967096
Email: cs@bombaysuper.in
Website: www.bombaysuperseeds.com

Bombay Super Hybrid Seeds IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.43
Day 2 0.64
Day 3 1.59
Day 4
Bombay Super Hybrid Seeds Valuation (Latest FY)

Earnings Per Share (EPS): INR2.48

Price/Earnings (P/E) ratio: 24.19

Return on Net Worth (RONW): 18.87%

Net Asset Value (NAV): INR13.33 per share

Registrar of Bombay Super Hybrid Seeds IPO

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email: grievances@skylinerta.com
Website: www.skylinerta.com

Bombay Super Hybrid Seeds IPO Allotment Status

Bombay Super Hybrid Seeds IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status.

Listing performance of Bombay Super Hybrid Seeds

IPO Opening Date: 12 April 2018

IPO Closing Date: 17 April 2018

Finalisation of Basis of Allotment: 20 April 2018

Initiation of refunds: 23 April 2018

Transfer of shares to demat accounts: 24 April 2018

Listing Date: 25 April 2018

Listing Price on NSE SME: INR60 per share (no change from IPO price)

Closing Price on NSE SME: INR63 per share (up 5% from IPO price)

Bombay Super Hybrid Seeds IPO
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One thought on “Bombay Super Hybrid Seeds IPO

  • April 17, 2018 at 9:07 AM
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    This a good company to invest, not made up financials. Will be a huge hit!!!

    Reply

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