Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
Incorporated in 2004, Gujarat based Indo US Bio-Tech Limited is engaged in the business of breeding products, processing and marketing of high performing open-pollinated and hybrid agricultural seed varieties & (seed testing, soil & water testing ). The company has its own laboratory for seed testing at Junagadh.The company started In-House Research and Development (R&D) unit at Modasa, District - Sabarkantha (Gujarat) for research activities to produce better and different varieties of seeds. On September 23, 2011, it got the recognition up to March 31, 2014, for In-House R&D from Government of India, Ministry of Science and Technology, Department of Scientific and Industrial Research Technology Bhavan, New Delhi (DSIR).In the initial stage, the company was engaged in producing different varieties of oilseeds and pulses seeds, later on, it also added vegetable, spices and cereals seeds to its basket. In the year 2014, it shifted its R&D unit Gandhinagar to carry on its research activities.As on January 31, 2018, Indo US Bio-Tech has 45 Employees in various departments.
Indo US Bio-Tech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 74,000 | — | ₹0.38 Cr | — |
| TOTAL | 1,430,000 | 100.00% | ₹7.29 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 2457.79 | 1914.53 | 1966.07 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 64.99 | 35.99 | 49.59 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1293.66 | 1368.76 | 767.52 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |