Dhanlaxmi Crop Science IPO Details
IPO Open Date: | December 9, 2024 |
IPO Close Date: | December 11, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹52 to ₹55 Per Share |
Issue Size: | Approx ₹23.80 Crores |
Fresh Issue: | Approx ₹23.80 Crores |
Offer for Sale: | Approx [.] Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Dhanlaxmi Crop Science IPO Market Lot
The Dhanlaxmi Crop Science IPO minimum market lot is 2000 shares with ₹110,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2,000 | ₹110,000 |
Retail Maximum | 1 | 2,000 | ₹110,000 |
S-HNI Minimum | 2 | 4,000 | ₹220,000 |
Dhanlaxmi Crop Science IPO Dates
The Dhanlaxmi Crop Science IPO date is December 9 and the close date is December 11. The Dhanlaxmi Crop Science IPO allotment will be finalized on December 12 and the IPO listing on December 16.
IPO Open Date: | December 9, 2024 |
IPO Close Date: | December 11, 2024 |
Basis of Allotment: | December 12, 2024 |
Refunds: | December 13, 2024 |
Credit to Demat Account: | December 13, 2024 |
IPO Listing Date: | December 16, 2024 |
Promoters of Dhanlaxmi Crop Science IPO
The promoters of the company are Mr. Kamleshkumar Jayantilal Patel, Mr. Alpeshbhai Jayantibhai Patel and Mr. Meet Kamleshkumar Patel.
About Dhanlaxmi Crop Science IPO
Established in 2005, Dhanlaxmi Crop Science Limited is a technology-based seed company with over 18 years of experience in the Indian seed industry. The company develops, produces, processes, and sells seeds for a wide range of field crops and vegetables. Their profile is using traditional breeding techniques with biotechnology tools and creating hybrid and open-pollinated field crops and vegetable seeds. This process helps to produce higher yields, which means the crop that grows from their seeds will produce more food, allowing farmers to grow more. With the help of their seeds, the fruits, vegetables, and grains will more likely be of better quality and nutritious. As well as, their seeds are unaffected by insects and diseases, leaving the plants healthier. Conditions such as water availability, crop duration, and soil attributes, their seeds can suit any climate. Moreover, they provide various other seeds for field crops and vegetables such as Cotton, Wheat, Cumin, Bajra, Maize, Gram, Okra, Green Gram, Soyabean, Milky, Mustard, Groundnut, Black Gram, Guar, Castor, Sesame, Jowar, Coriander, Red Gram, Green Pea, Onion, etc. The profit after tax (PAT) climbed by 55.35% and Dhanlaxmi Crop Science’s growth increased by 36.68% from the fiscal year that ended on March 31, 2024, to March 31, 2023.
Dhanlaxmi Crop Science IPO Company Financial Report
The company reported revenue of ₹63.75 crores in 2024 against ₹46.64 crore in 2023. The company reported Profit of ₹4.65 crores in 2024 against Profit of ₹3.00 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹35.43 | ₹34.64 | ₹0.58 | ₹20.86 |
2023 | ₹46.64 | ₹42.55 | ₹3.00 | ₹20.03 |
2024 | ₹63.75 | ₹57.34 | ₹4.65 | ₹34.96 |
Dhanlaxmi Crop Science IPO Valuation – FY2024
Check Dhanlaxmi Crop Science IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 33.82% |
ROCE: | 39.07% |
EBITDA Margin: | 10.68% |
PAT Margin: | 7.30% |
Debt to equity ratio: | 0.06 |
Earning Per Share (EPS): | ₹3.88 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 28.87% |
Net Asset Value (NAV): | ₹17.91 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Mangalam Seeds Limited | 12.01 | 23.48 | 18.90 | 63.52 | 100.05 Cr. |
Upsurge Seeds of Agriculture Limited | 8.98 | 32.18 | 15.79 | 65.06 | 132.95 Cr. |
Objects of the Issue
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Dhanlaxmi Crop Science IPO Review
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Dhanlaxmi Crop Science IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Limited
Company Address
Dhanlaxmi Crop Science Ltd
Survey No. 24, Opp. Arts and Commence College,
Shamlaji High Way, N.H. No.8,
Motipura, Sabar Kantha, Himatnagar, – 383001
Phone: +91 27 7224 4033
Email: [email protected]
Website: https://dhanlaxmiseeds.com/
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