Dhanlaxmi Crop Science IPO Date, Review, Price, Allotment Details

Dhanlaxmi Crop Science IPO open date is December 9, 2024 and the IPO will close on December 11, 2024. Dhanlaxmi Crop Science IPO is a Book Built Issue. The company to raise around ₹23.80 crores via IPO that comprises fresh issue of ₹23.80 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Dhanlaxmi Crop Science IPO price band is ₹52 to ₹55 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Dhanlaxmi Crop Science IPO to list on NSE on December 16, 2024. The allotment of Dhanlaxmi Crop Science IPO date is December 12, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

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.

ApplicationLot SizeSharesAmount
Retail Minimum12,000₹110,000
Retail Maximum12,000₹110,000
S-HNI Minimum24,000₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Mangalam Seeds Limited12.0123.4818.9063.52100.05 Cr.
Upsurge Seeds of Agriculture
Limited
8.9832.1815.7965.06132.95 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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  • Swastika Investmart –
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  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

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/

Dhanlaxmi Crop Science IPO FAQs

What is Dhanlaxmi Crop Science IPO?

Dhanlaxmi Crop Science IPO is a SME IPO. The company is going to raise ₹23.80 Crores via IPO. The issue is priced at ₹52 to ₹55 per equity share. The IPO is to be listed on NSE.

When Dhanlaxmi Crop Science IPO will open for subscription?

The IPO is to open on December 9, 2024 for QIB, NII, and Retail Investors. The IPO will close on December 11, 2024.

What is Dhanlaxmi Crop Science IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Dhanlaxmi Crop Science IPO?

You can apply for Dhanlaxmi Crop Science IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Dhanlaxmi Crop Science IPO Issue Size?

Dhanlaxmi Crop Science IPO issue size is ₹23.80 crores.

What is Dhanlaxmi Crop Science IPO Price Band?

Dhanlaxmi Crop Science IPO Price Band is ₹52 to ₹55.

What is Dhanlaxmi Crop Science IPO Lot Size?

The minimum bid is 2000 Shares with ₹110,000 amount.

What is the Dhanlaxmi Crop Science IPO Allotment Date?

Dhanlaxmi Crop Science IPO allotment date is December 12, 2024.

What is the Dhanlaxmi Crop Science IPO Listing Date?

Dhanlaxmi Crop Science IPO listing date is December 16, 2024. The IPO is to list on NSE.

Note: The Dhanlaxmi Crop Science IPO price band and date are officially announced. The (Dhanlaxmi Crop Science IPO grey market premium) will be added to the IPO GMP page as it will start).

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