Upsurge Seeds of Agriculture Ltd share Price Today

Upsurge Seeds of Agriculture Limited was incorporated on October 30, 2017. Mr. Arvindkumar Jadavjibhai Kakadia, Mr. Viken Jentilal Kakadiya and Mrs. Sonalben Arvindbhai Kakadiya are the Promoters of the Company. The Company is a technology driven seeds manufacturing Company engaged in business of growing, developing, processing and marketing of variety of seeds for a range of field crops and vegetables. It is primarily involved in seed processing wherein the improved genetic materials of the breeder seed is grown and multiplied into foundation seed. Thereafter, the foundation seed undergoes next level of processing in which foundation seed is grown and multiplied into commercial seeds, which is then sold in market for crop production. Apart from these, it has different variants of seeds being sold for each crop depending upon suitability of their seeds for varying agro climatic conditions, such as water availability, crop duration and soil attributes, across different geographic regions in India. Under seed grower production agreement, the farmer is engaged to carry out agricultural operations over the leased agricultural land, however the ownership of the entire crop and the risk of crop failure is retained with company. The farmers are compensated for their services of producing such seeds and for all production expenses such as land preparation, irrigation, sowing, fertilization, combat against pests and diseases, weeding, harvesting, thrashing etc. During large scale production, the Company monitor the crops under given field conditions and have the farmers carry out all the required steps until maturity to produce the seeds to be sold at the desired levels of quality. It choose the location for production of the seeds to be sold based on the agro climatic conditions required for different crops, availability of skilled labour and other related infrastructure, etc. Such grown commercial seeds are then processed at the processing unit, which is equipped with modern technology and is spread across an area of more than 45,000 sq. feet, situated at Kuvadva, Rajkot. Besides these, it offers a wide range of seedsthat includes Groundnut, Sesame, Wheat, Gram, Cumin, Mung, Rajka, Onion, Coriander Seeds and Spinach etc. Breeder seeds are genetically pure seed with physical purity produced from basic nucleus seed stock and procured from original breeder. Some of the State Government agricultural universities from which it procure breeder seeds include Mahatma Phule Krishi Vidapeeth, Rajasthan Agricultural Research Institute, Indian Agricultural Research Institute etc. In FY 2018-19, it started commercial marketing products under brand name of `USA SEEDS` in Gujarat, Maharashtra and Rajasthan. In 2020-21, it signed a seed grower production agreement with various farmers/growers for cultivation and production of commercial seeds. It expanded marketing of products in the State of Madhya Pradesh. In 2021-22, it expanded marketing of products in the State of Karnataka and West Bengal. As of March 31, 2022, the Company produced seeds for more than 40 different field crops and vegetables and have operations across India covering Gujarat, Maharashtra, Rajasthan with more than 75 varieties of Crops. The product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek etc.

Upsurge Seeds of Agriculture share price as on 19 May 2024 is Rs. 295.4. Over the past 6 months, the Upsurge Seeds of Agriculture share price has decreased by 25.59% and in the last one year, it has decreased by 46.85%. The 52-week low for Upsurge Seeds of Agriculture share price was Rs. 270 and 52-week high was Rs. 545.