
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
Overall Subscription
80.50x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 950,417 | — | 0.00x |
| Non-Institutional (NII / HNI) | 285,125 | — | 0.00x |
| Retail Individual (RII) | 665,292 | — | 0.00x |
| Total | 1,900,834 | 0 | 80.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 554 | 44,597 | 80.50x |
| HNIs (10L +) | 4 | 322 | 80.50x |
| HNIs (2-10L) | 17 | 1,369 | 80.53x |
| Total Applications | 575 | 46,288 | 80.50x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Upsurge Seeds of Agriculture Limited IPO is ₹18 per equity share. Based on the upper price band of ₹120 to ₹120 per equity share, the estimated listing price is ₹138 (+15.0% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹18, the expected profit per application lot is approx ₹21,600 (+15.0% gain). Minimum application cost is approx ₹1,44,000.
The Upsurge Seeds of Agriculture Limited IPO aggregate issue size is ₹22.81 Crores with an equity price band set at ₹120 to ₹120 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 80.50x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-08-08. Investors can verify status using PAN card or application number.
Upsurge Seeds of Agriculture Limited shares are scheduled to list on NSE on 2022-08-11.