ShreeOswal Seeds and Chemicals IPO

ShreeOswal Seeds and Chemicals IPO

ShreeOswal Seeds and Chemicals IPOBusiness description - ShreeOswal Seeds and Chemicals is engaged in the business of production, processing and sale of different kind of agricultural seeds, maize and soyabean. The company processes various kinds of seeds at its processing unit which is located at Neemuch, Madhya Pradesh. At present, the company processes 5 varieties of wheat seed, 5 varieties of soya bean seed, 3 varieties of Mustard seed, 1 variety of black gram, 1 variety of corn seeds and 1 Variety of isabgol/psyllium. Its products are marketed under the brand name of OSWAL. To maintain the quality of seeds, the company adopts different processes at its own laboratory such as Physical Purity Test, Moisture Test and Germination Test among others. Its subsidiary, ShreeOswal Psyllium Export India Limited, is engaged in the business of manufacturing, processing and sale of psyllium husk and psyllium husk powder. The subsidiary also produces byproducts of psyllium such as cattle feed.

Promoters of ShreeOswal Seeds and Chemicals – Anil Kumar Nahata and Sanjay Kumar Baigani
ShreeOswal Seeds and Chemicals IPO details
Subscription Dates 7 - 12 June 2018
IPO Price band INR25 - 26 per share
Fresh issue 4,578,000 shares (INR11.45 - 11.90 crore)
Offer for sale Nil
Total IPO size 4,578,000 shares (INR11.45 - 11.90 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
  • Purchase of new plant and machinery - INR1.63 crore
  • Working capital requirements - INR6.25 crore
  • General corporate purposes
  • Public issue expenses
ShreeOswal Seeds and Chemicals'  financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 2,254.3 3,350.1 5,860.3 3,887.0 4,300.1
Total expenses  2,236.2 3,324.5 5,815.4 3,840.5 4,146.9
Profit after tax 12.5 17.7 31.0 32.2 102.4
ShreeOswal Seeds and Chemicals' Contact Details

ShreeOswal Seeds and Chemicals Limited
"Oswal House”, Opposite Balkavibairagi College
Nasirabad Highway, Village Kanwati,
Neemuch- 458441

Phone: +91 7423 297006
Email: [email protected]
Website: www.oswalseeds.com

ShreeOswal Seeds and Chemicals IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.50
Day 2 0.79
Day 3 1.55
Day 4 3.96
ShreeOswal Seeds and Chemicals Valuation (Latest FY)

Earnings Per Share (EPS): INR1.66

Price/Earnings (P/E) ratio: 15.06 - 15.66

Return on Net Worth (RONW): 16.92%

Net Asset Value (NAV): INR9.81 per share

Registrar of ShreeOswal Seeds and Chemicals IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

ShreeOswal Seeds and Chemicals IPO Allotment Status

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

Listing performance of ShreeOswal Seeds and Chemicals

IPO Opening Date: 7 June 2018

IPO Closing Date: 12 June 2018

Listing Date: 20 June 2018

Listing Price on NSE SME: INR27.85 per share (up 7.12% from IPO price)

Closing Price on NSE SME: INR27 per share (up 3.85% from IPO price)

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