Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Continental Seeds and Chemicals Ltd IPO is a fixed price issue of Rs 4.21 crores.
Continental Seeds and Chemicals Ltd IPO bidding started from March 21, 2018 and ended on March 23, 2018. The shares got listed on NSE SME on April 4, 2018.
Continental Seeds and Chemicals Ltd IPO price is ₹26 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹104,000.
Navigant Corporate Advisors Ltd is the book running lead manager of the Continental Seeds and Chemicals Ltd IPO, while Mas Services Limited is the registrar for the issue.
Refer to Continental Seeds and Chemicals Ltd IPO RHP for detailed information.
| IPO Date | March 21, 2018 to March 23, 2018 |
| Listing Date | April 4, 2018 |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,620,000 shares (aggregating up to ₹4.21 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,381,685 |
| Share holding post issue | 6,001,685 |
| Market Maker portion | 84,000 shares |
Continental Seeds and Chemicals Ltd IPO offers 1,704,000 shares. 768,000 (45.07%) to NII, 768,000 (45.07%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 84,000 (4.93%) |
| Other Shares Offered | 768,000 (45.07%) |
| Retail Shares Offered | 768,000 (45.07%) | Other Shares Offered | 84,000 (4.93%) |
| Total Shares Offered | 1,704,000 (100%) |
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹104,000 |
| Retail (Max) | 1 | 4000 | ₹104,000 |
| Lot Size Calculator | |||
Incorporated in 1983, Continental Seeds and Chemicals Limited is a Delhi based company engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil.
Continental Seeds has two processing units at:
i) Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401; and
ii) Village- Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P.
The total production capacity of company is 7080 MT per annum out of which around 45% is currently used.
The Company has 15 employees in its payroll. It also employs temporary workers on per day wages basis.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 1,266.44 | 1,220.71 | 921.67 | 543.41 | 506.70 | |
| Total Revenue | 5,824.94 | 5,844.31 | 5,790.33 | 5,493.35 | 96.29 | |
| Profit After Tax | 48.70 | 16.16 | 26.60 | 21.62 | 15.04 | |
The objects of the Issue are-
1. To part finance working capital requirements of the Company;
2. To meet General corporate purposes;
3. To meet the expenses of the Issue.
[Dilip Davda]
Static performance and full pricing makes this issue a risky bet. Cash surplus risk savvy investors may consider it for long term.
Read detail review...The Continental Seeds and Chemicals Ltd IPO is subscribed 1.46 times on March 23, 2018 5:00:00 PM. The public issue subscribed 2.36 times in the retail category, times in the QIB category, and 0.56 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 0.56 |
| Retail | 2.36 |
| Total | 1.46 |
| Listing Date | April 4, 2018 |
| BSE Script Code | |
| NSE Symbol | CONTI |
| ISIN | INE340Z01019 |
| Final Issue Price | ₹26 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹26.00 |
| ₹26.00 |
| ₹24.70 |
| ₹27.30 |
| ₹25.75 |
Continental Seeds and Chemicals Ltd
Lower Ground Floor, Plot No. 38
Okhla Phase 3, South Delhi,
New Delhi 110020
Phone: +011-40523652
Email: info@continentalseeds.co.in
Website: http://www.continentalseeds.co.in
Mas Services Limited
Phone: (011) 2610 4142
Email: info@masserv.com
Website: https://www.masserv.com/opt.asp
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Continental Seeds and Chemicals Ltd IPO is a SME IPO of 1,620,000 equity shares of the face value of ₹10 aggregating up to ₹4.21 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000 Shares.
The IPO opens on March 21, 2018, and closes on March 23, 2018.
Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Continental Seeds and Chemicals Ltd IPO opens on March 21, 2018 and closes on March 23, 2018.
Continental Seeds and Chemicals Ltd IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.
You can apply in Continental Seeds and Chemicals Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Continental Seeds and Chemicals Ltd IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Continental Seeds and Chemicals Ltd IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPOANALYSIS| Link | Bookmark |March 23, 2018 3:17:49 AMTHIS STOCK WILL REACH TO 12 RS WITHIN FEW MONTHS OF LISTING
STAY AWAY . THOSE WHO HAVE APPLIED WILL BE MAKING HUGE LOSSES