Let’s have a detailed review of the company and analytics of the Vardaan Biotech IPO release date, IPO offer price, subscription, Vardaan Biotech Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Face ValueRs 10
Cash PriceRs [●]
Listing AtNSE Emerge
Min. Order QuantityNA
Listing DateNA
Offer for SaleRs Lakh
Fresh IssueRs Lakh
IPO SizeRs Lakh
Tick Size1

Vardaan Biotech IPO is listed at [●] premium. Check out the live share price by clicking on the below link.

Vardaan Biotech Share Price – Live Performance

Vardaan Biotech IPO – Summary

Vardaan Biotech IPO

Their Company is in the business of production, processing and marketing of hybrid, research, and improved varied agricultural seeds for different crops such as maize, paddy, soya, bajra, SSG ruby, SSG moti, mustard, peas, wheat, tomato, chilly, coriander, okra, watermelon, ride-gourd, cucumber, and onion and have recently forayed into certified, hybrid and research products.

The Promoter of this company is Mr. LOKENDRA RAJPUT, RASHMI RAJPUT, AND PUSHPA RAJPUT. The lead manager to the issue is CAPITALSQUARE ADVISORS PRIVATE LIMITED, and the Registrar to this issue is PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED.


Vardaan Biotech IPO Date

The opening and the closing date of IPO of Vardaan Biotech Limited is not available yet.


Vardaan Biotech IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day –  
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.


Vardaan Biotech IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment status is not yet disclosed.

Vardaan Biotech Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

Vardaan Biotech IPO Cash Price

The face value of each share is Rs.10, but the price band of the IPO is Rs.[●] 


Vardaan Biotech IPO Size

This Initial Public Issue of X Equity Shares of Rs.10 each for cash at a price of Rs.[●]  per equity share aggregating to Rs.10,88,000.


Vardaan Biotech IPO Share Offering

Net Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.10/ each.

Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.[●]


Vardaan Biotech IPO – Live Performance

The listing date of this IPO is [●] . You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – Vardaan Biotech Share Price

Vardaan Biotech IPO Grey Market Premium

The Vardaan Biotech Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


Vardaan Biotech IPO – Company Overview

Lokendra Rajput, a graduate in agricultural science, is the founder Promoter of their Company. He started the business of seed production by promoting and incorporating their Company on December 20, 2007. Their Company has gained over fourteen years of experience in the business and production of quality seeds.
They are producing quality seed with the following objectives:
– Supply of quality seeds at an affordable price;
–  Technical and economic strengthening of seed growers; and
–  Making the required seeds available at the right place, at the right time and at the right price.
They are one of the established seed production and processing company in Madhya Pradesh.

Vardaan Biotech IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Lakh)
30-Sep-2031-Mar-20Mar-1931-Mar-18
Total Assets3467.232575.12863.32314.10
*Total Revenue5329.235061.292000.282313.50
Total Expense5226.725008.061973.571973.57
Profit After Tax75.8039.3719.6516.10

Earnings per Equity Share (in Lakh)

30-Sep-2031-Mar-20Mar-1931-Mar-18
Basic & Diluted3.032.961.532.64

 

Vardaan Biotech Limited IPO – Promoters

The Promoter of this company is:

  • Mr. LOKENDRA RAJPUT,
  • RASHMI RAJPUT, AND
  • PUSHPA RAJPUT

List of Related Parties (Key Managerial Personnel)

  • Mithun Bhatt, Independent Director
  • Avinash Khare, Independent Director

Competitive Strengths of Vardaan Biotech Limited

  • hybrid seeds for a wide range of crops
  • Over fourteen years of experience in the Industry
  • Research and Development capabilities
  • Marketing and Distribution

Vardaan Biotech IPO Offer Details or Issue Details

 Particulars No. Of Equity Shares
 Equity Shares Offered Up to X Equity Shares aggregating up to Rs.10,88,000
of which:
Issue Reserved for the Market MakersUp to [●] Equity Shares aggregating up to Rs.[●]
Lakh
Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]
Lakh
Of which:
Retail Investors Portion Not less than [●] Equity Shares
Other than Retail Individual InvestorsNot more than [●] Equity Shares
 Equity Shares outstanding prior to the Issue30,00,000 Equity Shares
 Equity Shares outstanding after the Issue40,88,000 Equity Shares

Vardaan Biotech IPO Issue Object

Their Company proposes to utilise the Net Proceeds towards funding the following objects:

A. To meet the working capital expenses;
B. General Corporate Purpose; and
C. To meet the Issue Expenses.

Business strategies of Vardaan Biotech Limited

  • Investment in Research and Development
  • Venturing into new product
  • Distribution Network
  • Tie-up with technology providers
  • Marketing and sales promotion strategy

Vardaan Biotech IPO – Basis of the Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

– Experienced Promoters and management expertise;
– hybrid seeds wide range of crops;
– Making the required seeds available at the right place, at the right time and at the right price;
– Presence in the industry for over fourteen years;
– Established vast domestic market;
– Recognized relationship with the suppliers;
– Cost effective production and timely fulfilment of orders;

The relevant quantitative factors are:

Basic & Diluted EPSRONW (%)NAV (Rs.)
31-Mar-202.9617.83%15.45
Mar-191.5310.83%16.61
31-Mar-182.6417.93%

Vardaan Biotech IPO : Competitive Peers

Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Crores)
Vardaan Biotech Limited10[●]3.0317.8316.61
Listed Peers
Indo Us Bio-Tech
Limited
1041.502.4441.77%
Mangalam Seeds
Limited
1070.003.4111.07

Vardaan Biotech IPO Lead Managers

Lead Managers
CAPITALSQUARE ADVISORS PRIVATE LIMITED
APITALSQUARE ADVISORS PRIVATE LIMITED
208, 2nd Floor, AARPEE Center, MIDC Road No 11, CTS 70, Andheri (E),
Mumbai – 400093, Maharashtra, India
Tel: +91-22-66849999/9874283532
Website: www.capitalsquare.in
Email/ Investor Grievance ID: tanmoy.banerjee@capitalsquare.in/
mb@capitalsquare.in
Contact Person: Mr. Tanmoy Banerjee
SEBI Registration No: INM000012219

Vardaan Biotech IPO Registrar to offer

Registrar to the Offer
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Opp. Kasturba Hospital Lane,
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Tel: 022 2301 2518 / 8261,
Website: www.purvashare.com
Email/ Investor Grievance E-mail ID: support@purvashare.com
Contact Person: Mr. Rajesh Shah/ Ms. Purva Shah/ Ms. Deepali Dhuri
SEBI Registration No: INR000001112

Vardaan Biotech IPO – Other Details

  • Statutory Auditor – NA
  • Legal Counsel to the Company – NA
  • Bankers to the Company –  NA


Vardaan Biotech Limited IPO Review by Top 10 Stock Brokers

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ICICI Direct7.3/107.3/108.7/108.1/107.1/10
IIFL7.5/107.2/108.8/108.0/107.1/10
Edelweiss7.5/107.4/108.4/108.3/107.2/10
Zerodha7.4/107.1/108.5/108.1/107.0/10
5Paisa7.1/107.1/108.4/108.1/107.1/10
Karvy7.4/107.3/108.2/108.1/107.1/10
Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

 


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