Dhanlaxmi Crop Science Limited IPO

NSE SME

Listed On: Dec 16, 2024 at ₹ 104.5

₹ 110000 /2000 Shares

Check Allotment

Dhanlaxmi Crop Science IPO Details

09 Dec, 2024

Open Date

11 Dec, 2024

Close Date

12 Dec, 2024

Allotment Date

16 Dec, 2024

Listing Date

Issue Price

₹52-55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

104.5

Listing Date

2024-12-16

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

4,328,000 shares(aggregating up to ₹23.80 Cr)

Retail Portion

35%

Subscription

555.90 times

IPO Docs

DRHP RHP

Dhanlaxmi Crop Science IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	772,000 / 658,000	1,522,000	2,952,000
Day 1 - 09-12-24 06:00 PM	1.32 / 13.22 x	30.44 x	18.98 x
Day 2 - 10-12-24 06:00 PM	1.35 / 64.26 x	100.06 x	66.26 x
Day 3 - 11-12-24 06:00 PM	197.65 / 1241.60 x	441.18 x	555.90 x

Total No. of Applications: 3,63,308 (Approx)

Dhanlaxmi Crop Science Valuations

EPS Pre IPO

₹3.88/-

EPS Post IPO

P/E Pre IPO

14.18

P/E Post IPO

RoNW

28.87%

Dhanlaxmi Crop Science Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	3,496.15	2,002.73	2,086.33
Revenue	6,375.08	4,664.17	3,543.08
Profit After Tax	465.36	299.55	58.28

About The Company

Dhanlaxmi Crop Science is a technology-driven seeds company that develops, produces, processes, and sells seeds for a range of field crops and vegetables.

The Company integrates traditional breeding techniques with biotechnology tools and seek to produce hybrid and open pollinated variety field crops and vegetable seeds that deliver higher yields, enhanced product quality and higher levels of pest and disease tolerance over naturally occurring varieties.

The Company produced, as of March 31, 2024, seeds for 24 different field crops and vegetables and have operations in 5 states across India. The sale of cotton seeds contributes the majority of their revenue from operations, contributing 76.78%, 71.47% and 64.73% of the revenue from operations in Fiscal 2024, 2023 and 2022.

Dhanlaxmi Crop Science - Promoter(s)

Pre Issue Share Holding: 99.48%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Kamleshkumar Jayantilal Patel
Mr. Alpeshbhai Jayantibhai Patel
Mr. Meet Kamleshkumar Patel

Dhanlaxmi Crop Science IPO - Issue Objectives

To meet Working Capital Requirements
To meet the Issue Expenses
General Corporate Purposes

Dhanlaxmi Crop Science IPO - FAQs

Ans. Dhanlaxmi Crop Science Limited IPO is a SME IPO. The issue is priced at ₹52-55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 9, 2024, and closes on Dec 11, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Dhanlaxmi Crop Science Limited IPO opens on Dec 9, 2024 and closes on Dec 11, 2024.

Ans. The size of Dhanlaxmi Crop Science Limited IPO is 4,328,000 shares(aggregating up to ₹23.80 Cr).

Ans. The IPO price band is set between ₹52-55 per equity share.

Ans. To apply for Dhanlaxmi Crop Science Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Dhanlaxmi Crop Science Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Dhanlaxmi Crop Science Limited IPO is Dec 12, 2024.

Ans. The Dhanlaxmi Crop Science Limited IPO will be listed on Dec 16, 2024.

Ans. Follow the steps to check the allotment status for Dhanlaxmi Crop Science Limited IPO here.