
Agriculture · NSE
Upsurge Seeds of Agriculture Limited (USA) is a seed manufacturing company that grows, processes, and sells field crop and vegetable seeds under the "USA Seeds" brand. Established in 2017, the company operates a modern processing unit in Rajkot, Gujarat, and offers 75+ seed varieties across Gujarat, Maharashtra, and Rajasthan. Its products include groundnut, wheat, cumin, green gram, black gram, onion, coriander, and fenugreek seeds.
Price Band
₹120
Issue Size
₹22.81 Cr
Lot Size
1200 shares
GMP
+15.0%
Est. Listing
₹138
at current GMP
Subscribed
80.50x
overall
Open
29 Jul 2022
Close
2 Aug 2022
Allotment
8 Aug 2022
Refund
9 Aug 2022
Demat Credit
10 Aug 2022
Listing
11 Aug 2022
Designated Registrar: Link Intime India Private Limited
Allotment Date
8 Aug 2022
Basis finalization
Refunds Initiate
9 Aug 2022
Mandate release
Demat Credit
10 Aug 2022
Shares in demat
Listing Debut
11 Aug 2022
Trading begins
Upsurge Seeds of Agriculture Limited is bringing an initial public offering (IPO) in the Agriculture sector with an aggregate issue size of ₹22.81 Crores. The shares are offered at a price band of ₹120 to ₹120 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-08-02, the basis of allotment is scheduled to be finalized on 2022-08-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.