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

The IPO of Dhanlaxmi Crop Science is priced at ₹52-55 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Dhanlaxmi Crop Science IPO bid opening date is from Dec 9, 2024 and the bid closing date was Dec 11, 2024.
Dhanlaxmi Crop Science IPO allotment result will be available on Dec 12, 2024. The tentative listing date for Dhanlaxmi Crop Science is Dec 16, 2024.

The total issue size is 4,328,000 shares(aggregating up to ₹23.80 Cr).

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

₹10.05/-

P/E Pre IPO

14.18

P/E Post IPO

5.47

ROE

33.82%

ROCE

39.07%

Debt/Equity

0.06

RoNW

28.87%

PAT Margin

7.30

Price to Book Value

3.07

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
Net Worth	1,612.07	1,139.63	617.26
Reserves & Surplus	712.07	739.63	439.76
Total Borrowing	104.24	258.32	913.16

About The Company

Incorporated in 2005, Dhanlaxmi Crop Science is a technology-driven seeds company developing, producing, processing, and selling seeds for various field crops and vegetables.

The company combines traditional breeding techniques with biotechnological tools to produce hybrid and open-pollinated varieties of field crops and vegetable seeds with higher yields, better product quality, and higher tolerance to pests and diseases than the naturally occurring varieties.

As of March 31, 2024, the company was manufacturing seeds for 24 varieties of crops and vegetables and was functioning in 5 states in India. Cotton seeds constituted the main portion of operating profit, contributing 76.78%, 71.47%, and 64.73% to operating profit for FY 2024, FY 2023, and FY 2022, respectively.

Product Range: Seeds for field crops, vegetables and crop improvement for the following crops:
Cotton; Wheat; Cumin; Bajra; Maize; Gram; Okra; Green Gram; SSG; Soyabean; Milky; Mustard; Groundnut; Black Gram; Guar; Castor; Sesame; Jowar; Coriander; Red Gram; Green Pea; Multifeed; Onion and so on.

Dhanlaxmi Crop Science - Promoter(s)

Pre Issue Share Holding: 76.70%

Post Issue Share Holding: 56.37%

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

Other Details

Company Contact Details

Dhanlaxmi Crop Science

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/

Registrar Contact Details

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 - 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.