The Bombay Super Hybrid Seeds date has been confirmed from April 12, 2018 and ended on April 17, 2018. Read the post to learn about Bombay Super Hybrid Seeds IPO GMP.
Bombay Super Hybrid Seeds Developers IPO is a fixed price issue of Rs 10.39 crores. The price is ₹60 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
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Key Details Of Bombay Super Hybrid Seeds IPO:
Bidding Dates
April 12-17
Price Range
₹60 per share
Face Value
₹10 per share
GMP
₹268.55
Bombay Super Hybrid Seeds IPO GMP
The Bombay Super Hybrid Seeds IPO GMP is ₹268.55.
Bombay Super Hybrid Seeds IPO Overview
The IPO of Bombay Super Hybrid Seeds has a set price of Rs 10.39 crores. The IPO auction for Bombay Super Hybrid Seeds began on April 12, 2018 and closed on April 17, 2018. On Friday, April 20, 2018, the allotment for the Bombay Super Hybrid Seeds IPO was completed. On April 25, 2018, the shares were listed on the NSE SME. The IPO price for Bombay Super Hybrid Seeds is 60 per share. The Bombay Super Hybrid Seeds IPO GMP is ₹268.55.
It has also created a distribution network of over 350 dealers. Bombay Super features a cutting-edge seed processing facility and a seed testing laboratory. A lot size of 2000 shares is required for an application. Retail investors must make a minimum investment of ₹120,000 to participate.
Bombay Super Hybrid Seeds IPO Details
| IPO Date | April 12, 2018 to April 17, 2018 |
| Listing Date | April 25, 2018 |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,732,000 shares (aggregating up to ₹10.39 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 88,000 shares |
Bombay Super Hybrid Seeds Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 2,034.27 | 1,523.70 | 838.99 | 408.42 | 447.76 | |
| Total Revenue | 10,970.05 | 6,313.27 | 3,132.65 | 3,012.50 | 1,571.16 | |
| Profit After Tax | 80.48 | 27.43 | 3.74 | 24.80 | 27.26 | |
Bombay Super Hybrid Seeds IPO Timeline
| IPO Open Date | Thursday, April 12, 2018 |
| IPO Close Date | Tuesday, April 17, 2018 |
| Basis of Allotment | Friday, April 20, 2018 |
| Initiation of Refunds | Monday, April 23, 2018 |
| Credit of Shares to Demat | Tuesday, April 24, 2018 |
| Listing Date | Wednesday, April 25, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 17, 2018 |
Company Profile
Bombay Super Hybrid Seeds, situated in Gujarat, was founded in 2000 and is a manufacturer and supplier of premium grade agricultural seeds. The company’s products are well-known for their pure cultivation, moisture-proof packaging, high yield assurance, and longer shelf life. Kasturi and Bombay are its two brands. In just eight years, the company’s product line has expanded to more than 27 crops with more than 111 types, with expansion in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Andhra Pradesh, and Karnataka with the requisite granted license.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | [email protected] |
| Website | skylinerta.com |
Contact Details
| Name | Bombay Super Hybrid Seeds Limited |
| Phone number | +91-9687967096 |
| Email ID | [email protected] |
| Website | bombaysuperseeds.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Bombay Super Hybrid Seeds IPO FAQs
When Bombay Super Hybrid Seeds IPO will open?
The Bombay Super Hybrid Seeds IPO opens on April 12, 2018 and closes on April 17, 2018.
What is the lot size of Bombay Super Hybrid Seeds IPO?
Bombay Super Hybrid Seeds IPO lot size is 2000 Shares, and the minimum amount required is ₹120,000.
When is Bombay Super Hybrid Seeds IPO allotment?
The finalization of Basis of Allotment for Bombay Super Hybrid Seeds IPO will be done on Friday, April 20, 2018, and the allotted shares will be credited to your demat account by Tuesday, April 24, 2018.
When is Bombay Super Hybrid Seeds IPO listing date?
The Bombay Super Hybrid Seeds IPO listing date is on April 25, 2018.
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