IPO

Usher Agro Ltd IPO

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Public issue of 1,20,12,000 Equity Shares of face value Rs.10/- each of Usher Agro Limited (hereinafter referred to as the company or issuer) at a premium of Rs.5/- per share (i.e. at a price of Rs.15/- per share) for cash aggregating to Rs.18.02 Crores (hereinafter referred to as the issue) comprising of promoters contribution of 32,00,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.4.80 Crores (hereinafter referred to as the promoters contribution). The net offer to the public is of 88,12,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.13.22 Crores (hereinafter referred to as the net issue). The Issue would constitute 66.69% of post issue paid up capital of our Company. The issue price of Rs.15/- per Equity Share is 1.5 times the face value.

Usher Agro Ltd IPO Subscription Details

Company

Usher Agro Ltd

Issue Type

(Fixed Price Portion)

Open Date

05 Sep

Close Date

11 Sep

Offer Price

15.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Usher Agro Ltd IPO

Company Contact Information

Usher Agro Ltd IPO
422 Laxmi Plaza Laxmi Indl Est,
New Link Road Andheri(W),
Mumbai, Maharashtra 400053.

Phone: 91-22-39381100
Email: cs.mumbai@usheragro.com

Usher Agro Ltd IPO Register

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