31 Mar 2020
Assets8.35
Total Income17.64
Profit After Tax0.22
NET Worth0.92
Reserves and Surplus0.42
At a glance
Updated 2026-09-18The shares listed at ₹140.00, a 16.67% move from the issue price. Upsurge Seeds of Agriculture is a SME IPO with an issue size of ₹22.81 crore, proposed for listing on NSE SME. The offer opens on 29th Jul 2022 and closes on 2nd Aug 2022. The issue structure includes a fresh issue of ₹21.66 crore. The current listing schedule points to 11th Aug 2022.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹22.81 Cr
Fresh issue₹21.66 Cr
Face value₹10
Price band—–—
Allotment5th Aug 2022
Listing11th Aug 2022
Listing performance
Full performance ↗Issue price₹120.00
Listing price₹140.00
Current price—
Listing gain16.67%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹120.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Jul 2022
Closes2nd Aug 2022
Allotment5th Aug 2022
Refund8th Aug 2022
Demat10th Aug 2022
Listing11th Aug 2022
Subscription demand
Full bidding ↗Total80.50×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | — |
Company
Incorporated2017
Use of proceeds
| Object | Amount |
|---|---|
| Working capital requirements | ₹21.31 Cr |
| General corporate purposes | ₹1.00 Cr |
| Issue related expenses | ₹0.50 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue75.77₹ Cr · +20.5% vs prior year
PAT3.96₹ Cr · +365.9% vs prior year
Assets40.87₹ Cr · +125.6% vs prior year
Net Worth11.19₹ Cr · +245.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets18.12
Total Income62.90
Profit After Tax0.85
NET Worth3.24
Reserves and Surplus1.27
31 Mar 2022
Assets40.87
Total Income75.77
Profit After Tax3.96
NET Worth11.19
Reserves and Surplus6.03
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS9.79
Pre-IPO P/E21.35
Promoter holding pre96.92%
Promoter holding post70.82%
Market cap₹84.72 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Upsurge Seeds of Agriculture IPO | — | 21.35 x | — | — |
| Pajson Agro IPO | — | 9.90 x | — | — |
| Shri Ahimsa IPO | — | 14.25 x | — | — |
| Swasth Foodtech IPO | — | 15.05 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees including other intermediaries Fees | ₹0.30 Cr |
| Regulators Including Stock Exchanges | ₹0.13 Cr |
| Advertising and Marketing Expenses | ₹0.05 Cr |
| Printing and distribution of Issue Stationary | ₹0.03 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-18.
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