Dhanlaxmi Crop Science IPO Details
| IPO Issue Open Date: | 9 December 2024 |
| IPO Issue Close Date: | 11 December 2024 |
| IPO Issue Price Band: | ₹52 to ₹55 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹23.80 Crores | 4,328,000 shares |
| Fresh Issue: | ₹23.80 Crores | 4,328,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Dhanlaxmi Crop Science IPO Prospectus:
Checkout the Dhanlaxmi Crop Science IPO Prospectus of DRHP and RHP file.
Checkout the Dhanlaxmi Crop Science IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Dhanlaxmi Crop Science IPO Dates Timeline
| Issue Open Date: | 9 December 2024 |
| Issue Close Date: | 11 December 2024 |
| Basis of Allotment Date: | 12 December 2024 |
| Refunds Initiation: | 13 December 2024 |
| Shares Credit in Demat: | 13 December 2024 |
| IPO Listing Date Detail: | 16 December 2024 |
Dhanlaxmi Crop Science IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 2000 shares = ₹110,000 |
| Retail (Max) | 1 lots and 2000 shares = ₹110,000 |
| S-HNI (Min) | 2 lots and 4,000shares = ₹220,000 |
| B-HNI Minimum | [.] |
Dhanlaxmi Crop Science IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹35 | ₹60,000 | ₹- | 64% |
| 11 Dec | ₹28 | ₹50,000 | ₹- | 51% |
| 10 Dec | ₹28 | ₹50,000 | ₹- | 51% |
| 9 Dec | ₹28 | ₹50,000 | ₹- | 51% |
| 8 Dec | ₹25 | ₹40,000 | ₹- | 45% |
| 5 Dec | ₹- | ₹- | ₹- | % |
Check Live GMP
About Dhanlaxmi Crop Science
With more than 18 years of experience in the Indian seed sector, Dhanlaxmi Crop Science Limited is a technology-based seed company that was founded in 2005. The business develops, produces, processes, and sells seeds for a variety of vegetables and field crops. They are known for producing hybrid and open-pollinated field crops and vegetable seeds by combining conventional breeding methods with bio technologies. The farmers can see higher yield production with their seed allowing them to grow fields easily. Fruits, vegetables, and grains can result in better quality and nutrition with their seeds. Also, insects and diseases can not affect the plants making them healthier and better quality. Their seeds can be utilized in various climates and conditions like water availability, crop duration, and soil attributes. They also offer a variety of other seeds for vegetables and crops, including cotton, wheat, cumin, bajra, maize, gram, okra, green gram, soy, 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 Strengths
- Integrated Seed processing unit with warehouse facility in one premise.
- Wide range of products backed by consistent quality
- Our Research & Development Capabilities
- Customer satisfaction and revenues from long standing customer relationships
Objects of the IPO Issue
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Dhanlaxmi Crop Science Company Financial Report
The company reported revenue of ₹63.75 crores in 2024 against ₹46.64 crores in 2023. The company reported a profit of ₹4.65 crores in 2024 against a 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 – Key Performance Indicator
KPI as of March 31, 2024.
| 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
The below peer comparison table’s data are showing as per the DRHP and RHP.
| 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. |
Dhanlaxmi Crop Science IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Dhanlaxmi Crop Science IPO Lead Manager
- Hem Securities Limited
Diffusion Engineers IPO allotment status noq on Link Intime website. Click on Bigshare Services Pvt Ltd
to get allotment status.
Promoters of Dhanlaxmi Crop Science
- Mr. Kamleshkumar Jayantilal Patel
- Mr. Alpeshbhai Jayantibhai Patel
- Mr. Meet Kamleshkumar Patel
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: cs@dhanlaxmiseeds.com
Website: https://dhanlaxmiseeds.com/