Dhanlaxmi Crop Science IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 09 to Dec 11 2024
Price Band
₹52 - 55
Current GMP
₹104.5(90.00%)
Subscription
555.83 times
IPO Details
| IPO Date | December 9, 2024 to December 11, 2024 |
| Listing Date | Monday, December 16, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹52 to ₹55 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 43,28,000 shares (aggregating up to ₹23.80 Cr) |
| Fresh Issue | 43,28,000 shares (aggregating up to ₹ 23.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,20,00,000 shares |
| Share Holding Post Issue | 1,63,28,000 shares |
| Market Maker Portion | 2,18,000sharesMnm Stock Broking Private Limited |
IPO Date
December 9, 2024 to December 11, 2024
Listing Date
Monday, December 16, 2024
Face Value
₹10 per share
Price Band
₹52 to ₹55 per share
Lot Size
2,000 Shares
Total Issue Size
43,28,000 shares (aggregating up to ₹23.80 Cr)
Fresh Issue
43,28,000 shares (aggregating up to ₹ 23.80 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share Holding Pre Issue
1,20,00,000 shares
Share Holding Post Issue
1,63,28,000 shares
Market Maker Portion
2,18,000sharesMnm Stock Broking Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 197.65 |
| Non-Institutional Buyers*** | 1,241.27 |
| Retail Investors | 441.18 |
| Total ** | 555.83 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
197.65
Non-Institutional Buyers***
1,241.27
Retail Investors
441.18
Total **
555.83
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Dec 9, 2024 | 1.32 | 13.22 | 30.44 | 18.98 |
| Day 2 Dec 10, 2024 | 1.35 | 64.22 | 102.05 | 67.28 |
| Day 3 Dec 11, 2024 | 197.65 | 1,241.27 | 441.18 | 555.83 |
DayDay 1
Dec 9, 2024
QIB1.32
NII*13.22
Retail30.44
Total18.98
DayDay 2
Dec 10, 2024
QIB1.35
NII*64.22
Retail102.05
Total67.28
DayDay 3
Dec 11, 2024
QIB197.65
NII*1,241.27
Retail441.18
Total555.83
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 16-12-2024 | 55.00 | 50(90.91%) | 105 |
| 15-12-2024 | 55.00 | 50(90.91%) | 105 |
| 14-12-2024 | 55.00 | 50(90.91%) | 105 |
| 13-12-2024 | 55.00 | 45(81.82%) | 100 |
| 12-12-2024 | 55.00 | 37(67.27%) | 92 |
| 11-12-2024 | 55.00 | 37(67.27%) | 92 |
| 10-12-2024 | 55.00 | 37(67.27%) | 92 |
| 09-12-2024 | 55.00 | 28(50.91%) | 83 |
| 08-12-2024 | 55.00 | 28(50.91%) | 83 |
| 07-12-2024 | 55.00 | 28(50.91%) | 83 |
| 06-12-2024 | 55.00 | 28(50.91%) | 83 |
| 05-12-2024 | 55.00 | 25(45.45%) | 80 |
| 04-12-2024 | 55.00 | 20(36.36%) | 75 |
Date16-12-2024
Price55.00
GMP50(90.91%)
Estimate List Price105
Date15-12-2024
Price55.00
GMP50(90.91%)
Estimate List Price105
Date14-12-2024
Price55.00
GMP50(90.91%)
Estimate List Price105
Date13-12-2024
Price55.00
GMP45(81.82%)
Estimate List Price100
Date12-12-2024
Price55.00
GMP37(67.27%)
Estimate List Price92
Date11-12-2024
Price55.00
GMP37(67.27%)
Estimate List Price92
Date10-12-2024
Price55.00
GMP37(67.27%)
Estimate List Price92
Date09-12-2024
Price55.00
GMP28(50.91%)
Estimate List Price83
Date08-12-2024
Price55.00
GMP28(50.91%)
Estimate List Price83
Date07-12-2024
Price55.00
GMP28(50.91%)
Estimate List Price83
Date06-12-2024
Price55.00
GMP28(50.91%)
Estimate List Price83
Date05-12-2024
Price55.00
GMP25(45.45%)
Estimate List Price80
Date04-12-2024
Price55.00
GMP20(36.36%)
Estimate List Price75
IPO Important Dates
| IPO Open Date | Monday, December 9, 2024 |
| IPO Close Date | Wednesday, December 11, 2024 |
| Basis of Allotment | Thursday, December 12, 2024 |
| Initiation of Refunds | Friday, December 13, 2024 |
| Credit of Shares to Demat | Friday, December 13, 2024 |
| Listing Date | Monday, December 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 11, 2024 |
IPO Open Date
Monday, December 9, 2024
IPO Close Date
Wednesday, December 11, 2024
Basis of Allotment
Thursday, December 12, 2024
Initiation of Refunds
Friday, December 13, 2024
Credit of Shares to Demat
Friday, December 13, 2024
Listing Date
Monday, December 16, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 11, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹1,10,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹1,10,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹2,20,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 5,137.91 | 3,496.15 | 2,002.73 |
| Revenue | 11,996.26 | 6,375.08 | 4,664.17 |
| Profit After Tax | 820.81 | 465.36 | 299.55 |
| Net Worth | 2,432.3 | 1,612.07 | 1,139.63 |
| Reserves and Surplus | 1,232.3 | 712.07 | 739.63 |
| Total Borrowing | 768.61 | 104.24 | 258.32 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 20245,137.91
31 Mar 20243,496.15
31 Mar 20232,002.73
Period EndedRevenue
30 Sep 202411,996.26
31 Mar 20246,375.08
31 Mar 20234,664.17
Period EndedProfit After Tax
30 Sep 2024820.81
31 Mar 2024465.36
31 Mar 2023299.55
Period EndedNet Worth
30 Sep 20242,432.3
31 Mar 20241,612.07
31 Mar 20231,139.63
Period EndedReserves and Surplus
30 Sep 20241,232.3
31 Mar 2024712.07
31 Mar 2023739.63
Period EndedTotal Borrowing
30 Sep 2024768.61
31 Mar 2024104.24
31 Mar 2023258.32
IPO Reservation
| 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%) |
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%)
Information about company
Incorporated in 2005, Dhanlaxmi Crop Science is a technology-driven seeds company that develops, produces, processes, and sells seeds for various field crops and vegetables.
The company integrates traditional breeding techniques with biotechnological tools and strives to produce hybrid and open-pollinated varieties of field crops and vegetable seeds that offer higher yields, better product quality, and a higher level of tolerance to pests and diseases compared to naturally occurring varieties.
As of March 31, 2024, the company produced seeds for 24 different crops and vegetables and operated in 5 states in India. The sale of cotton seeds accounts for the major portion of the operating profit and contributed 76.78%, 71.47%, and 64.73% to the operating profit in FY 2024, FY 2023, and FY 2022, respectively.
The Products Portfolio: Field crop and vegetable seeds for 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 etc.&
Their Competitive Strenght:
Integrated seed processing unit with warehouse facility on one premises.
Wide range of products backed by consistent quality
Our Research & Development Capabilities
Established brand
Customer satisfaction and revenues from long-standing customer relationships
Experienced Promoter and Management Expertise
Proven track record of robust financial performance.
As of December 2, 2024, the company has 56 employees.
Objectives of IPO
Coming Soon
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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