Vishwas Agri Seeds Limited IPO GMP

Vishwas Agri Seeds' IPO, valued at Rs 25.80 crores, offers 30 lakh fresh shares at a fixed price. Subscriptions open on March 21, 2024, and close on March 26, 2024. Allotment is expected by Wednesday, March 27, 2024. The IPO is scheduled to list on NSE SME with a tentative listing date set for Monday, April 1, 2024.

This offering signifies a significant opportunity for investors to participate in the company's growth and expansion plans within the agricultural sector, positioning Vishwas Agri Seeds for potential market success and development.

The IPO price of Vishwas Agri Seeds stands at ₹86 per share, with a minimum lot size set at 1600 shares. Retail investors need to invest a minimum of ₹137,600, while High Net Worth Individuals (HNI) are required to invest in 2 lots, totaling 3,200 shares, amounting to ₹275,200. This delineates the entry thresholds for both retail and HNI investors, ensuring equitable participation in the offering at their respective investment levels.

Isk Advisors Pvt Ltd serves as the book running lead manager for the Vishwas Agri Seeds IPO, with Bigshare Services Pvt Ltd appointed as the registrar. Sunflower Broking operates as the market maker for the IPO.

Refer RHP (Red Herring Prospectus) & DRHP (Draft Red Herring Prospectus) for more details.