| Initial public ofefr of 19,00,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Upsurge Seeds of Agriculture Limited (the "Company" or the "Issuer") for cash at a price of Rs. 120/- per equity share (the "Issue Price"), aggregating to Rs. 22.81 crores ("The Issue"), of which 96,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,04,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 120/- per equity share, aggregating to Rs. 21.66 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.92% and 25.56% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is Rs. 10/- each and the issue price is
Rs. 120/- each i.e., 12.0 times of the face value of the equity shares.
The minimum lot size is 1200 equity shares
|