The Vishwas Agri Seeds IPO, which opened for bidding on March 21 and concluded on March 26, will have its allotment finalized on Wednesday, March 27.

The IPO has generated significant interest, with the subscription rates soaring to 12.21 times on the final day. This SME IPO, aiming to raise ₹25.80 crore through the issuance of 30 lakh fresh shares at ₹86 each, witnessed robust participation from ‘Others’ and retail investors, subscribing 12.80 times and 11.57 times respectively.

Investors awaiting the allotment status can turn to Bigshare Services, the issue’s registrar, for updates. The IPO’s listing on the NSE SME platform is expected on April 1, 2024.

Checking IPO Allotment Status on Registrar's Website

1. Visit Bigshare Services’ official website here.
2. Choose “Vishwas Agri Seeds Limited” from the dropdown menu.
3. Select your search type: Application number, Beneficiary ID, or PAN ID.
4. Enter the relevant details.
5. Complete the captcha verification and click on “Search” to view your allotment status.

Vishwas Agri Seeds IPO Details

Following the allotment process, the company will initiate refunds on March 28, the same day it credits shares to investors’ Demat accounts, in anticipation of the April 1 listing.

Vishwas Agri Seeds Limited, established in 2013 and based in Gujarat, specializes in processing and distributing seeds for various crops. These include groundnuts, soybeans, tomatoes, and onions. The company operates a seed processing unit along with warehouse and cold storage facilities in Bavla, Ahmedabad, serving a vital role in India’s agricultural sector.

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