Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of SeedWorks International Ltd. on July 4, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
SeedWorks International Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Equirus Capital Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SeedWorks International IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Feb 17, 2025 |
| SEBI/Exchange approval received | Fri, Jul 4, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in November 2008, SeedWorks International Limited specializes in the research, production, and marketing of hybrid seeds for rice, cotton, millet, mustard, vegetables, and fruits, along with open-pollinated variety (OPV) seeds for rice, wheat, and mustard.
The company markets its product in India as well as in the Philippines and Nepal.
The company also exports its products to countries such as Kenya, Malawi, Burkina Faso and Nigeria.
The company runs a 7,500 sq ft NABL-accredited quality control lab with advanced equipment for stringent seed quality testing. These processes yield reliable, reproducible results, ensuring only high-quality seeds reach distributors for commercialization.
As of September 30, 2024, the company offered 12 varieties of cotton seeds in the South and Central regions.
As of September 30, 2024, the company had 945 individuals, including 651 contractors, working with its farmer network year-round.
As of September 30, 2024, the company has 4 processing facilities for field crops one for vegetable crops and five warehouses covering an aggregate area of over 125,000 square feet.
As of September 30, 2024, the company's distribution network comprises more than 4,000 distributors, facilitating optimal outreach to farmers. Furthermore, the company has engaged 20 cost and freight agents to support its operations.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 420.68 | 597.76 | 418.32 | 377.10 |
| Total Income | 417.27 | 527.17 | 489.93 | 460.84 |
| Profit After Tax | 70.25 | 4.95 | 5.37 | 24.34 |
| NET Worth | 159.43 | 89.14 | 83.42 | 77.20 |
| Reserves and Surplus | 135.87 | 65.94 | 60.17 | 51.70 |
| Total Borrowing | 73.22 | 103.99 | 93.61 | 77.05 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 5.68% |
| ROCE | 10.30% |
| Debt/Equity | 0.88 |
| RoNW | 5.74% |
| PAT Margin | 0.90% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 77.56% |
SeedWorks International IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SeedWorks International IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SeedWorks International IPO using UPI as a payment gateway. Zerodha customers can apply in SeedWorks International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SeedWorks International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SeedWorks International IPO dates are not announced. Please check back again after some time.
SeedWorks International IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SeedWorks International IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SeedWorks International IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SeedWorks International IPO allotment status.
The SeedWorks International IPO listing date is not yet announced. The tentative date of listing is .
