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.
- 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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Dharmaj Crop Guard IPO Date & Price Band Details
|IPO Open:||28 November 2022|
|IPO Close:||30 November 2022|
|IPO Size:||Approx ₹251 Crores|
|Fresh Issue:||Approx ₹216 Crores|
|Offer for Sale:||Approx 1,483,000 shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹216 to ₹237 Per Share|
|IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
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.
|Price Band Announcement:||November 23, 2022|
|Anchor Investors Allotment:||November 25, 2022|
|IPO Open Date:||November 28, 2022|
|IPO Close Date:||November 30 2022|
|Basis of Allotment:||December 5, 2022|
|Refunds:||December 6, 2022|
|Credit to Demat Account:||December 6, 2022|
|Dharmaj Crop Guard IPO Listing Date:||December 8, 2022|
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
|₹ in Crores|
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.
|Earning Per Share (EPS):||₹8.49 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||37.33%|
|Net Asset Value (NAV):||₹22.75 per Equity Share|
- Rallis India
- India Pesticides
- Punjab Chemical & Crop Protection
- Bharat Rasayan
- Astec Lifesciences
- Heranba Industries
- 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]
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
Dharmaj Crop Guard Limited
Plot No. 408 to 411,
Kerala GIDC Estate, Off NH-8, At: Kerala,
Taluka Bavla, Ahmedabad – 382220
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Note: The Dharmaj Crop Guard IPO price band and date are officially announced. The IPO grey market premium (Dharmaj Crop Guard IPO Premium) will be added to the IPO grey market page as it will start).
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