Jivkar Seeds IPO

About Jivkar Seeds IPO

The public issue of the Jivkar Seeds IPO, an SME IPO, opens on TBA and closes on TBA. The allotment of shares will take place on TBA. The credit of shares to the demat account will take place on TBA. The initiation of refunds will take place on TBA. The listing of shares will take place on TBA. The IPO is proposed to be listed on the BSE SME platform

The offer consists of a fresh issue component. The fresh issue will include up to 0.26 crore equity shares. The total number of shares is 26,00,000 and the aggregate amount is yet to be finalised.

Jivkar Seeds IPO’s price band is set at TBA to TBA per share. The lot size for an application is TBA. The minimum amount of investment required by a retail investor is ₹TBA (TBA shares) based on upper price). The minimum lot size investment for HNI is TBA.

Jivkar Seeds is an Indian seeds enterprise engaged in field-based seed selection, seed production, seed processing, storage, treatment, packaging, marketing and distribution of open-pollinated and F1 hybrid seeds. The company's business is conducted through an integrated seed value chain comprising identification and selection of starting seed material, field evaluation, selection of better-performing seed lines, contract-farming-based seed multiplication, quality testing, seed processing, controlled storage, packaging, logistics support through C&F Agents and distribution through channel partners and local dealers.

Objectives of Jivkar Seeds IPO

• Purchase of machinery for improvement in existing production.
  
• Expansion of existing manufacturing / processing facility.
  
• Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company.
  
• Funding the working capital requirement of the company.
  
• General corporate purpose.
  

Industry Outlook

India is relevant to the global seed-industry narrative because it has a large agricultural base, an organised public and private seed ecosystem, crop diversity, public-sector breeding institutions, state-level seed agencies, private seed companies, seed certification agencies and farmer seed systems. India's formal seed chain follows the breeder, foundation and certified seed model. Breeder seed production is linked to ICAR, State Agricultural Universities and recognised breeding institutions, while foundation and certified seed production is undertaken through public agencies, state seed corporations, cooperatives and private seed producers. The Indian seed market is largely supplied by locally produced seeds, with farm-saved seed and local exchange continuing to remain important for major food crops.

About Jivkar Seeds

Jivkar Seeds is an Indian seeds enterprise engaged in field-based seed selection, seed production, seed processing, storage, treatment, packaging, marketing and distribution of open-pollinated and F1 hybrid seeds. The company's business is conducted through an integrated seed value chain comprising identification and selection of starting seed material, field evaluation, selection of better-performing seed lines, contract-farming-based seed multiplication, quality testing, seed processing, controlled storage, packaging, logistics support through C&F Agents and distribution through channel partners and local dealers. The company's product portfolio covers cereals, oilseeds, pulses, vegetables, spices and medicinal crops, forage crops, gum guar and fibre crops.

Strengths of Jivkar Seeds

• Field-based seed selection and R&D capabilities.
  
• Quality assurance and testing processes.
  
• Diversified product portfolio.
  
• Flexible packaging solutions.
  
• Farmer relationships and market understanding.
  

Risks of Jivkar Seeds

• It depends on the successful field-based seed selection, production, processing, storage and distribution across an integrated seed value chain.
  
• The company's field-based research and development activities may not result in commercially successful or farmer-accepted seed varieties or hybrids.
  
• It depends on the continuing recognition and effective operation of its in-house R&D unit.
  
• Risk related to delayed registration under Employees’ State Insurance and Employees’ Provident Fund legislations.
  
• It depends on the experience of its R&D and quality personnel, including its R&D head.
  

Notes for peer group:

1. P/E Ratio is computed as the peer company based on the closing price on NSE/BSE.

2. Return on Net Worth (%) = Profit for the year ended March 31, 2025 divided by total equity of the company as on March 31, 2025.

3. NAV is computed as the total equity of the company as on March 31, 2025 divided by the outstanding number of equity shares as on March 31, 2025.

Anchor Investor Bidding Date: TBA

Registrar Details
Skyline Financial Services Pvt.Ltd.
Email: ipo@skylinerta.com
Tel: 011-26812682

Book Running Lead Manager
Horizon Management Pvt.Ltd.

Jivkar Seeds Contact Details
Plot No. R-15, SF-1, Gold Plaza Complex, B/H. D-Mart,
Green City, Sector-26, (Gandhinagar) Sector 28,
Gandhinagar, Gujarat, 382028
Email: cs@jivkar.com
Phone: +91 9825425114

Jivkar Seeds Business Model

The company earns its revenue as an Indian seeds enterprise engaged in field-based seed selection, seed production, seed processing, storage, treatment, packaging, marketing and distribution of pen-pollinated and F1 hybrid seeds.

Jivkar Seeds Growth Trajectory

Jivkar Seeds’s Total Income for FY25 was ₹30.10 crores, whereas in FY24 and FY23 it was ₹20.73 crores and ₹16.93 crores, respectively.

The Profit After Tax for FY25 was ₹3.53 crores, whereas in FY24 and FY23 it was ₹2.24 crores and ₹0.19 crores, respectively.

Their EBITDA for FY25 was ₹5.62 crores, whereas in FY24 and FY23 it was ₹4.10 crores and ₹0.88 crores, respectively.

Jivkar Seeds Market Position

The company's customer base is spread across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Andhra Pradesh, and its supplier base is spread across Gujarat, Madhya Pradesh, Andhra Pradesh and Himachal Pradesh.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹30.10 crores, ₹3.53 crores, and ₹5.62 crores, respectively.

How to apply for Jivkar Seeds IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.