Dharmaj Crop Guard IPO Date, Review, Price, Allotment, Analysis

Dharmaj Crop Guard IPO Details: Dharmaj Crop Guard IPO date is fixed, the IPO is to hit the market on 28 November and will close on 30 November. Dharmaj Crop Guard IPO to raise around ₹251 crores via IPO that comprises fresh issue of ₹216 crores and offer for sale up to 1,483,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Dharmaj Crop Guard Ltd (DCGL) is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics to the B2C and B2B customers.

They also engage in the marketing and distribution of agrochemical products under brands in-licensed by us, owned by us, and through generic brands, to Indian farmers through our distribution network. They provide crop protection solutions to the farmer to assist them to maximize productivity and profitability. They export their products to more than 20 countries in Latin America, East African Countries, the Middle East, and Far East Asia. The company obtained 392 registrations for agrochemical formulations from the CIB&RC, out of which 201 agrochemical formulations are for sale in India as well as for export and 191 agrochemical formulations are exclusively for exports.

Dharmaj Crop Guard raises Rs 75 crore via anchor book ahead of IPO

Trading Members of the Exchange are hereby informed that, under Anchor Investors (AIs) portion in the Public Issue of Dharmaj Crop Guard Limited, 31,62,540 equity shares have been subscribed today at Rs. 237/- per equity share. A copy of the Announcement dated November 25, 2022, issued by the Company in this regard is enclosed for your reference.

Important Details

• Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat.
• Funding incremental working capital requirements of the Company.
• Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company.
• General corporate purposes.

Dharmaj Crop Guard IPO Review (Apply or Not)

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Brokerage Firm IPO Review

• BP Equities: Apply
• Anand Rathi: Apply
• Canara Bank: Apply
• Capital Market: May Apply
• Choice Equity: May Apply
• Marwadi Shares: Apply
• SMC Global: Neutral
• Swastika Investmart: Apply

Dharmaj Crop Guard IPO Date & Price Band Details

Dharmaj Crop Guard IPO Market Lot

The Dharmaj Crop Guard IPO minimum market lot is 60 shares with ₹14,220 application amount. The retail investors can apply up-to 13 lots with 840 shares or ₹199,080 amount.

Dharmaj Crop Guard IPO Allotment & Listing Dates

The Dharmaj Crop Guard IPO date is 28 November and the close date is 30 November. The Dharmaj Crop Guard IPO allotment will be finalized on 5 December and the IPO listing on 8 December.

You can check IPO subscription status and IPO allotment status on their respective pages.

Dharmaj Crop Guard IPO Form

How to apply for the Dharmaj Crop Guard IPO? You can apply for Dharmaj Crop Guard IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dharmaj Crop Guard IPO in the Invest section. The other option is you can apply for Dharmaj Crop Guard IPO via IPO forms downloaded via NSE and BSE. Check out the Dharmaj Crop Guard forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Dharmaj Crop Guard Company Financial Report

Dharmaj Crop Guard IPO Valuation – FY2022

Check Dharmaj Crop Guard IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Rallis India
• India Pesticides
• Punjab Chemical & Crop Protection
• Bharat Rasayan
• Astec Lifesciences
• Heranba Industries

Company Promoters

• Rameshbhai Ravajibhai Talavia
• Jamankumar Hansarajbhai Talavia
• Jagdishbhai Ravjibhai Savaliya
• Vishal Domadia

Dharmaj Crop Guard IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Dharmaj Crop Guard IPO Allotment Status Check

Check Dharmaj Crop Guard IPO allotment status on Linkintime website allotment URL. Click Here

Dharmaj Crop Guard IPO Lead Managers

• Elara Securities (India) Private Limited
• Monarch Networth Capital Ltd

Company Address

Dharmaj Crop Guard Limited
Plot No. 408 to 411,
Kerala GIDC Estate, Off NH-8, At: Kerala,
Taluka Bavla, Ahmedabad – 382220
Phone: +91-79-29603735
Website: http://www.dharmajcrop.com/

Dharmaj Crop Guard IPO FAQs