Continental Seeds IPO

Continental Seeds and Chemicals IPOBusiness description - Continental Seeds and Chemicals is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The company is engaged in the whole process of processing in varieties of seeds, foundation seed and processing of the same into certified seeds. The company currently has two units at: i) Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401; and ii) Village- Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P. The company is registered with Uttrakhand Seeds certification agency and having total production capacity of company is 7080 MT per annum at plant situated at Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401 at which the company currently carries processing of seeds. The processing unit situated in Village-Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P. is currently not functional.

Promoters of Continental Seeds and Chemicals – Mr Praveen Rastogi
Continental Seeds and Chemicals IPO details
Subscription Dates 21 - 23 March 2018
IPO Price band INR26 per share
Fresh issue 1,620,000 shares (INR4.21 crore)
Offer for sale Nil
Total IPO size 1,620,000 shares (INR4.21 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • To part finance working capital requirements - INR3.02 crore
  • General corporate purpose - INR0.74 crore
  • Offer related Expenses - INR0.45 crore
Continental Seeds and Chemicals' financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 96.3 5,493.3 5,790.3 5,844.3 5,824.9 5,764.7
Total expenses 70.4 5,456.7 5,692.3 5,760.2 5,671.5 5,600.0
Profit after tax 15.0 21.6 26.6 16.2 48.7 66.2
Continental Seeds and Chemicals' Contact Details

Continental Seeds and Chemicals Limited
Lower Ground Floor, Plot No. 38
Okhla Phase 3, South Delhi
New Delhi 110020

Phone: +91 11 4052 3652
Email: info@continentalseeds.co.in
Website: www.continentalseeds.co.in

Continental Seeds IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.13
Day 2 0.50
Day 3 1.39
Continental Seeds Valuation (Latest FY)

Earnings Per Share (EPS): INR1.11

Price/Earnings (P/E) ratio: 23.42

Return on Net Worth (RONW): 8.60%

Net Asset Value (NAV): INR12.92 per share

Registrar of Continental Seeds and Chemicals IPO

MAS Services Limited
T-34, 2nd Floor
Okhla Industrial Area, Phase - II
New Delhi - 110020

Phone: +91 11 2638 7281
Fax: +91 11 2638 7384
Email: info@masserv.com
Website: http://www.masserv.com

Continental Seeds and Chemicals IPO Allotment Status

Continental Seeds and Chemicals IPO allotment status is now available on MAS Services' website. Click on this link to get allotment status.

Listing performance of Continental Seeds and Chemicals

IPO Opening Date: 21 March 2018

IPO Closing Date: 23 March 2018

Listing Date: 4 April 2018

Listing Price on NSE SME: To be updated

Closing Price on NSE SME: To be updated

Continental Seeds IPO
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