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Dhanlaxmi Crop Science Ltd IPO (Dhanlaxmi Crop Science IPO ) Details

Dhanlaxmi Crop Science Ltd

Dhanlaxmi Crop Science IPO 's overview

Dhanlaxmi Crop Science IPO is a book built issue of ₹23.80 Cr (23,80,40,000). The issue includes a fresh issue of 43.28 Lakh (43,28,000) shares aggregating to ₹23.80 Cr (23,80,40,000).

Dhanlaxmi Crop Science IPO is open for subscription on Dec 09, 2024 and closes on Dec 11, 2024. The allotment for Dhanlaxmi Crop Science IPO is expected to be finalized on Dec 12, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 16, 2024.

Dhanlaxmi Crop Science IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.04 Lakh (1,04,000).

Refer to Dhanlaxmi Crop Science IPO RHP for detailed information.

  • IPO date

    Dec 09,2024 - Dec 11,2024

  • Listing Date

    Dec 16,2024

  • Face value

    ₹10

  • Price Band

    ₹52 to ₹55 per share

  • Lot

    ₹2000 Shares

  • Total Issue Size

    43.28 Lakh (43,28,000)

    aggregating up to ₹23.80 Cr (23,80,40,000)

  • Fresh Issue

    43.28 Lakh (43,28,000)

    aggregating up to ₹23.80 Cr (23,80,40,000)

  • Issue Type

    Book Building

  • IPO Type

    SME

  • Listing At

    NSEBSE

  • Pre Issue Size

    1.20 Cr (1,20,00,000)

  • Post Issue Size

    1.63 Cr (1,63,28,000)

  • Mon, Dec 09, 2024

    IPO Open

  • Wed, Dec 11, 2024

    IPO Close

  • Thu, Dec 12, 2024

    Basis of Allotment

  • Fri, Dec 13, 2024

    Initiation of Refunds

  • Fri, Dec 13, 2024

    Credit of Shares to Demat

  • Mon, Dec 16, 2024

    Listing

Dhanlaxmi Crop Science IPO Day-wise IPO GMP Trend

Dhanlaxmi Crop Science IPO last GMP is ₹50, last updated Dec 15,2024. With the price band of 55.00, Dhanlaxmi Crop Science IPO 's estimated listing price is ₹105 (cap price + today's GMP).The expected percentage gain/loss per share is 90.91%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
15-Dec-2455.0050
105(90.91%)15-Dec-2024 14:53
14-Dec-2455.0050
105(90.91%)14-Dec-2024 22:30
13-Dec-2455.0045
100(81.82%)13-Dec-2024 22:30
12-Dec-2455.0037
92(67.27%)12-Dec-2024 22:24
11-Dec-2455.0037
92(67.27%)11-Dec-2024 22:27
10-Dec-2455.0037
92(67.27%)10-Dec-2024 22:26
09-Dec-2455.0028
83(50.91%)9-Dec-2024 22:24
08-Dec-2455.0028
83(50.91%)8-Dec-2024 22:26
07-Dec-2455.0028
83(50.91%)7-Dec-2024 22:25
06-Dec-2455.0028
83(50.91%)6-Dec-2024 22:31
05-Dec-2455.0025
80(45.45%)5-Dec-2024 22:27
04-Dec-2455.0020
75(36.36%)4-Dec-2024 22:31

Dhanlaxmi Crop Science IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

12,000₹1.10 Lakh (1,10,000)

Retail(Max)

12,000₹1.10 Lakh (1,10,000)

SHNI(Min)

24,000₹2.20 Lakh (2,20,000)

Dhanlaxmi Crop Science IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets5,137.913,496.152,002.732,086.33
Revenue11,996.266,375.084,664.173,543.08
Profit After Tax820.81465.36299.5558.28
Net Worth2,432.31,612.071,139.63617.26
Reserves and Surplus1,232.3712.07739.63439.76
Total Borrowing768.61104.24258.32913.16
Dhanlaxmi Crop Science Ltd Financial Information

About Dhanlaxmi Crop Science Ltd

Incorporation Year: 2005
Business Focus: Development, production, processing, and sale of seeds for field crops and vegetables.

Product Portfolio

Dhanlaxmi Crop Science offers seeds for 24 crops and vegetables, including:

  • Field Crops: Cotton, Wheat, Bajra, Maize, Gram, Green Gram, Soybean, Milky, Mustard, Groundnut, Black Gram, Guar, Castor, Sesame, Jowar, Red Gram.
  • Vegetables: Okra, Onion, Green Pea, Coriander.
  • Other Products: Multifeed, SSG, Cumin.

Unique Selling Proposition (USP)

  1. Hybrid & Open-Pollinated Varieties: Combining traditional breeding techniques with advanced biotechnology tools for:

    • Higher Yields: Increased food production from each seed.
    • Better Quality: Improved nutritional value and marketable produce.
    • Pest & Disease Resistance: Healthy plants with reduced dependency on chemical inputs.

  2. Climate Adaptability: Seeds tailored to various climatic conditions, crop durations, and soil types.

Operations and Market Presence

  • Operating States: 5 Indian states as of March 31, 2024.
  • Focus Crop: Cotton seeds, contributing significantly to operating profit:
    • FY2024: 76.78%
    • FY2023: 71.47%
    • FY2022: 64.73%

Competitive Strengths

  1. Integrated Seed Processing Unit: Warehouse facilities located on the same premises for streamlined operations.
  2. Research & Development Expertise: Continuous innovation in seed quality and crop performance.
  3. Established Brand Presence: Trusted by farmers across India.
  4. Strong Customer Relationships: Long-standing partnerships ensuring sustained revenues.
  5. Experienced Leadership: Promoters with proven expertise in the seed industry.
  6. Financial Stability: Consistent growth in revenue and profitability.

Financial Performance

  • Profit After Tax (PAT):
    • FY2024: 55.35% growth compared to FY2023.
  • Revenue Growth:
    • Increased by 36.68% from FY2023 to FY2024.

Workforce

As of December 2, 2024, the company employs 56 individuals.

Strategic Vision

With 18+ years of experience, Dhanlaxmi Crop Science is dedicated to enhancing agricultural productivity by providing high-quality seeds tailored to diverse climates and farming needs. The company's focus on research-driven innovation and customer satisfaction positions it as a leader in India's seed industry.

Dhanlaxmi Crop Science IPO 's documents

Dhanlaxmi Crop Science Ltd Contact Details

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: [email protected]
Website: https://dhanlaxmiseeds.com/

Dhanlaxmi Crop Science IPO 's Promoters

The promoters of the company are Mr. Kamleshkumar Jayantilal Patel, Mr. Alpeshbhai Jayantibhai Patel and Mr. Meet Kamleshkumar Patel.

Dhanlaxmi Crop Science IPO Registrar

Bigshare Services Pvt Ltd

Phone:

+91-22-6263 8200

Email:

[email protected]

Website:

https://ipo.bigshareonline.com/IPO_Status.html