Dharmaj Crop Guard Limited IPO
Dharmaj Crop Guard Limited IPO is listed on BSE and NSE, priced at ₹216–₹237 per share. The stock debuted at ₹266.05, delivering a listing gain of 12.3%. The IPO had a lot size of ₹60 shares and a minimum investment of ₹14,220.
Dharmaj Crop Guard Limited IPO
- IPO Dates
- Nov 28, 2022 – Nov 30, 2022
- Price band
- ₹216-237 per equity share
- Minimum Investment
- ₹14,220
- Issue size
- Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr
- Lot size
- 60
- Allotment Date
- Dec 5, 2022
- Listing
- Dec 8, 2022
- Listing At
- BSE, NSE
IPO timeline
-
Nov 28, 2022
Open Date
Completed
-
Nov 30, 2022
Close Date
Completed
-
Dec 5, 2022
Allotment Date
Completed
-
Dec 8, 2022
Listing Date
Completed
Price Summary
- Last closing
- 269.95 (13.9%)
- 52 week high
- 386.50
- 52 week low
- 210.65
- Last update
Dharmaj Crop Guard Limited IPO Essentials
Dharmaj Crop Guard Limited IPO Details
Dharmaj Crop Guard Limited IPO is priced at ₹216-237 per share with a total issue size of Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr. The IPO has a lot size of 60 shares and is listed on BSE and NSE.
- Issue price
- ₹216-237 per equity share
- Lot size
- 60 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr
- Listing at
- BSE, NSE
- List price
- 266.05(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Elara Capital (India) Private,Monarch Networth Capital Ltd
Dharmaj Crop Guard Limited IPO Analytics
Dharmaj Crop Guard Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dharmaj Crop Guard Limited IPO Subscription Status
Dharmaj Crop Guard Limited 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
bHNI
sHNI
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 2,243,990 |
1,714,200
1,142,800
571,400
|
3,999,800 | 55,000 | 8,012,990 |
|
Day 1
28-11-22 05:00 PM
|
0.35 x |
1.80x
1.50x
2.40x
|
2.60 x | 1.77 x | 1.79 x |
|
Day 2
29-11-22 05:00 PM
|
0.76 x |
8.74x
7.68x
10.85x
|
7.75 x | 3.75 x | 5.97 x |
|
Day 3
30-11-22 05:00 PM
|
48.21 x |
52.29x
52.97x
50.92x
|
21.53 x | 7.48 x | 35.49 x |
Dharmaj Crop Guard Limited Valuations
Earnings
- EPS (Post IPO)
- ₹8.49/-
- P/E Ratio
- 27.87
Returns
- RoNW
- 37.33%
Dharmaj Crop Guard Limited Financials( In Crs.)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 219.54 | 128.87 | 92.58 | 47.66 |
| Revenue | 396.29 | 303.56 | 199.16 | 139.95 |
| Profit After Tax | 28.69 | 20.96 | 10.76 | 5.02 |
Dharmaj Crop Guard Limited Company & Offer Insights
About Dharmaj Crop Guard Limited
Dharmaj Crop Guard Limited is an agrochemical company. The company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.
The company also provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. Dharmaj Crop Guard Limited export products to more than 20 countries in Latin America, East African Countries, the Middle East and Far East Asia.
As of November 30, 2021, Dharmaj Crop Guard Limited had more than 196 institutional products that they sold to more than 600 customers based in India and the international markets. As of November 30, 2021, the company exported its products to more than 60 customers across 20 countries.
The company's manufacturing facility is located in Ahmedabad, Gujarat, India. Dharmaj Crop Guard Limited also has a research and development (R&D) centre at the manufacturing facility.
The company's branded products are sold in 12 states through a network comprising over 3,700 dealers having access to 8 stock depots in India, as of November 30, 2021.
The revenue from operations for Fiscals 2019, 2020 and 2021 and seven months period ended on October 31, 2021, was Rs 1,393.56 million, Rs 1,982.22 million, Rs 3,024.10 million and Rs 2,272.62 million, respectively.
Dharmaj Crop Guard Limited Promoter(s)
Rameshbhai Ravajibhai Talavia, Jamankumar Hansarajbhai Talavia, Jagdishbhai Ravjibhai Savaliya, Vishal Domadia are the company's promoters of Dharmaj Crop Guard Limited.
Dharmaj Crop Guard Limited IPO Issue Objectives
- •
- Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat.
- •
- Funding incremental working capital requirements of the Company.
- •
- Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company.
- •
- General corporate purposes.
Dharmaj Crop Guard Limited IPO - Anchor Investors
Dharmaj Crop Guard raises Rs 75 crore via anchor book ahead of IPO.
Three investors - Elara India Opportunities Fund, Rajasthan Global Securities, and Resonance Opportunities Fund - invested in the company via anchor book.
Elara India Opportunities Fund bought shares worth Rs 34.94 crore, Rajasthan Global Securities purchased Rs 25 crore shares, and Resonance Opportunities Fund Rs 15 crore shares.
Dharmaj Crop Guard Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Dharmaj Crop | 5.78 | 27.8 | 34.64% | 396 |
| Rallis India | 2.64 | 28.1 | 10.20% | 2,604 |
| India Pesticides | 4.07 | 18.8 | 30.07% | 716 |
| Punjab Chemical | 5.45 | 17.9 | 45.20% | 933 |
| Bharat Rasayan | 5.02 | 23.7 | 24.00% | 1,301 |
| Heranba Industries | 2.68 | 11.8 | 30.60% | 1,450 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Dharmaj Crop Guard Limited IPO is a book-built IPO worth ₹Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr. The price band is ₹216–₹237 per share. The IPO opens on Nov 28, 2022 and closes on Nov 30, 2022. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Dharmaj Crop Guard Limited IPO is ₹216 to ₹237 per share.
The lot size of Dharmaj Crop Guard Limited IPO is 60 shares.
The minimum investment for Dharmaj Crop Guard Limited IPO is approximately ₹14,220 based on the upper price band .
Dharmaj Crop Guard Limited IPO opens on Nov 28, 2022 and closes on Nov 30, 2022.
The allotment date of Dharmaj Crop Guard Limited IPO is Dec 5, 2022.
Dharmaj Crop Guard Limited IPO is expected to be listed on Dec 8, 2022, on BSE and NSE .
Dharmaj Crop Guard Limited IPO listed on Dec 8, 2022. It was issued at ₹266.05(NSE) and is currently around ₹269.95 as on 14-May-2026 3:30 PM, which is approximately 13.9% versus issue price. The 52-week high is ₹386.50.
Based on listing and post-listing performance, Dharmaj Crop Guard Limited IPO delivered around 13.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Dharmaj Crop Guard Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Dharmaj Crop Guard Limited IPO valuation snapshot: P/E 27.87, EPS ₹8.49/-, P/B N/A, RoNW 37.33%, and market cap N/A.
To apply for Dharmaj Crop Guard Limited 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 Dharmaj Crop Guard Limited 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 Dharmaj Crop Guard Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dharmaj Crop Guard Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dharmaj Crop Guard Limited IPO allotment status on IPO Ji for quick and easy access.