Dhanlaxmi Crop Science IPO
Dhanlaxmi Crop Science is an NSE SME IPO listed on the NSE SME platform, priced at ₹52–₹55 per share. The stock debuted at ₹104.5, delivering a listing gain of 90.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
Dhanlaxmi Crop Science Limited IPO
- IPO Dates
- Dec 9, 2024 – Dec 11, 2024
- Price band
- ₹52-55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- ₹23.8 Cr
- Lot size
- 2000
- Allotment Date
- Dec 12, 2024
- Listing
- Dec 16, 2024
- Listing At
- NSE SME
IPO timeline
-
Dec 9, 2024
Open Date
Completed
-
Dec 11, 2024
Close Date
Completed
-
Dec 12, 2024
Allotment Date
Completed
-
Dec 16, 2024
Listing Date
Completed
Dhanlaxmi Crop Science IPO Essentials
Dhanlaxmi Crop Science IPO Details
Dhanlaxmi Crop Science IPO is priced at ₹52-55 per share with a total issue size of 23.8 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹52-55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,328,000 shares(aggregating up to ₹23.80 Cr)
- Total issue size
- 43,28,000 shares
(aggregating up to ₹23.8 crore) - Fresh issue
- 43,28,000 shares
(aggregating up to ₹23.8 crore) - Listing at
- NSE SME
- List price
- 104.5
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Finshore Management Services Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,10,000 |
| Retail(max) | 1 | 2000 | ₹1,10,000 |
| NII (min) | 2 | 4000 | ₹2,20,000 |
Dhanlaxmi Crop Science IPO Reservation
Dhanlaxmi Crop Science IPO reservation details show category-wise allocation of shares. Out of the total 43,28,000 shares, approximately 17.84% are reserved for QIB, 15.2% for NII, 35.17% for retail investors, 5.04% for market maker, and 26.76% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 11,58,000 (26.76%) | |
| Market Maker Shares Offered | 2,18,000 (5.04%) | |
| QIB Shares Offered | 7,72,000 (17.84%) | |
| NII (HNI) Shares Offered | 6,58,000 (15.2%) | |
| Retail Shares Offered | 15,22,000 (35.17%) | |
| Total Shares Offered | 43,28,000 (100%) |
Dhanlaxmi Crop Science IPO Analytics
Dhanlaxmi Crop Science IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dhanlaxmi Crop Science IPO Subscription Status
Dhanlaxmi Crop Science IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Dhanlaxmi Crop Science Valuations
Earnings
- EPS Pre IPO
- ₹3.88/-
- EPS Post IPO
- ₹10.05/-
- P/E Pre IPO
- 14.18
- P/E Post IPO
- 5.47
Returns
- ROE
- 33.82%
- ROCE
- 39.07%
- RoNW
- 28.87%
- PAT Margin
- 7.30
Fundamentals
- Debt / Equity
- 0.06
- Price / Book
- 3.07
Dhanlaxmi Crop Science Financials( In Lakhs)
| 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 |
Dhanlaxmi Crop Science Company & Offer Insights
About Dhanlaxmi Crop Science
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)
Mr. Kamleshkumar Jayantilal Patel, Mr. Alpeshbhai Jayantibhai Patel, Mr. Meet Kamleshkumar Patel are the company's promoters of Dhanlaxmi Crop Science.
Dhanlaxmi Crop Science IPO Issue Objectives
- •
- To meet Working Capital Requirements
- •
- To meet the Issue Expenses
- •
- General Corporate Purposes
Dhanlaxmi Crop Science IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Dhanlaxmi Crop Science Ltd | 5.17 | 5.17 | 13.43 | N/A | 28.87 | 4.1 | Consolidated |
| Mangalam Seeds Ltd | 12.01 | 12.01 | 63.52 | 16.67 | 18.9 | 4 | Consolidated |
| Upsurge Seeds Of Agriculture Limited | 8.98 | 8.98 | 65.06 | 25.39 | 15.79 | N/A | N/A |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares as of the end of FY 2024, divided by the Diluted EPS.
- Return on Net Worth (%) = Net profit after tax, as restated / Average shareholders' equity (including minority interest) as restated at year/period end.
- NAV is computed as the closing net worth (excluding minority interest) divided by the closing outstanding number of equity shares.
- Net worth means the aggregate value of the paid-up share capital of the Company and all reserves created out of profits and securities premium account, after deducting the accumulated losses and other deductions, as per the restated balance sheet.
Contact Information
Contact Details
Dhanlaxmi Crop Science
+91 27 7224 4033
Survey No. 24, Opp. Arts and Commence College, Shamlaji High Way, N.H. No.8, Motipura, Sabar Kantha, Himatnagar, - 383001
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Dhanlaxmi Crop Science IPO is a book-built IPO worth ₹23.8 crore. The price band is ₹52–₹55 per share. The IPO opens on Dec 9, 2024 and closes on Dec 11, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Dhanlaxmi Crop Science IPO is ₹52 to ₹55 per share.
The lot size of Dhanlaxmi Crop Science IPO is 2000 shares.
The minimum investment for Dhanlaxmi Crop Science IPO is approximately ₹1,10,000 based on the upper price band .
Dhanlaxmi Crop Science IPO opens on Dec 9, 2024 and closes on Dec 11, 2024.
The allotment date of Dhanlaxmi Crop Science IPO is Dec 12, 2024.
Dhanlaxmi Crop Science IPO is expected to be listed on Dec 16, 2024, on NSE SME Platform.
Dhanlaxmi Crop Science IPO valuation snapshot: P/E 5.47, EPS ₹10.05/-, P/B 3.07, RoNW 28.87%, and market cap N/A.
To apply for Dhanlaxmi Crop Science IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Dhanlaxmi Crop Science IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Dhanlaxmi Crop Science IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dhanlaxmi Crop Science IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dhanlaxmi Crop Science IPO allotment status on IPO Ji for quick and easy access.