Vardaan Biotech IPO – Review, Size, Date, Allotment, Subscription, GMP & RHP
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 Value||Rs 10|
|Cash Price||Rs [●]|
|Listing At||NSE Emerge|
|Min. Order Quantity||NA|
|Offer for Sale||Rs Lakh|
|Fresh Issue||Rs Lakh|
|IPO Size||Rs Lakh|
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
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 / Date||QIB||NII||RII||Total 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||–|
|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:
|Amount (in INR & Lakh)|
|Profit After Tax||75.80||39.37||19.65||16.10|
Earnings per Equity Share (in Lakh)
|Basic & Diluted||3.03||2.96||1.53||2.64|
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|
|Issue Reserved for the Market Makers||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]|
|Retail Investors Portion||Not less than [●] Equity Shares|
|Other than Retail Individual Investors||Not more than [●] Equity Shares|
|Equity Shares outstanding prior to the Issue||30,00,000 Equity Shares|
|Equity Shares outstanding after the Issue||40,88,000 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 EPS||RONW (%)||NAV (Rs.)|
Vardaan Biotech IPO : Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Crores)|
|Vardaan Biotech Limited||10||[●]||3.03||17.83||16.61|
|Indo Us Bio-Tech|
Vardaan Biotech IPO 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
Email/ Investor Grievance ID: firstname.lastname@example.org/
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,
Email/ Investor Grievance E-mail ID: email@example.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
|Top Stock Brokers Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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