Dhanlaxmi Crop Science IPO Details
The key details of Dhanlaxmi Crop Science’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹23.80 Cr |
| Price Range | ₹52 - ₹55 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹110,000 |
| Pre IPO Promotor Holding | 76.70% |
| Post IPO Promotor Holding | 56.37% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Dhanlaxmi Crop Science IPO Timelines
The IPO process for Dhanlaxmi Crop Science includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
09/12/2024
Start Date11/12/2024
End Date13/12/2024
Refund Initiation13/12/2024
Credit of Shares to Demat Ac16/12/2024
Listing DateDhanlaxmi Crop Science IPO Lot Size
The Dhanlaxmi Crop Science IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹55 per share, requiring ₹110,000 per lot for retail investors. For HNI investors, the minimum application is 4,000 shares (2 lots) amounting to ₹220,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹110,000 |
| Retail Maximum | 1 | 2000 | ₹110,000 |
| S-HNI Minimum | 2 | 4000 | ₹220,000 |
Dhanlaxmi Crop Science IPO Subscription Status
The subscription status for Dhanlaxmi Crop Science ipo shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 197.65x | 1241.27x | 441.18x | -- | 555.83x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹104.50 | ₹109.70 | ₹109.70 | ₹104.50 |
Dhanlaxmi Crop Science IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹35.43 | ₹34.64 | ₹0.58 |
| FY 2023 | ₹46.64 | ₹42.55 | ₹3.00 |
| FY 2024 | ₹63.75 | ₹57.34 | ₹4.65 |
About Company
Dhanlaxmi Crop Science, incorporated in 2005, is a technology-driven seeds company specializing in the development, production, processing, and sale of seeds for field crops and vegetables. By integrating traditional breeding methods with biotechnology, the company produces hybrid and open-pollinated seeds that deliver higher yields, superior quality, and improved resistance to pests and diseases compared to natural varieties. As of March 31, 2024, it operated across five Indian states and produced seeds for 24 crops and vegetables.
The company’s product portfolio includes seeds for crops like cotton, wheat, cumin, maize, gram, and vegetables such as okra, onion, and green peas. Cotton seeds dominate its revenue, contributing 76.78% in FY 2024, 71.47% in FY 2023, and 64.73% in FY 2022. With a focus on innovation and quality, Dhanlaxmi Crop Science aims to enhance agricultural productivity and profitability for farmers.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2005 | Agricultural | Kamlesh Patel |
Know Before Investing
Dhanlaxmi Crop Science IPO Strengths
- The company operates an integrated seed processing unit with an on-site warehouse facility, ensuring seamless operations and efficient logistics.
- Strong research and development capabilities enable the company to innovate and produce seeds with enhanced yield and resistance.
- The promoter and management team bring extensive industry expertise and strategic vision to the company’s operations.
- The company has built a well-established and recognized brand, trusted by customers across its operational regions.
- A proven track record of robust financial performance highlights the company’s operational efficiency and growth potential.
Dhanlaxmi Crop Science IPO Risks
- Limited operations to specific regions may restrict growth and increase exposure to regional market risks.
- Over 76% revenue reliance on cotton seeds makes the company vulnerable to price and demand fluctuations.
- The agricultural sector’s competitive landscape poses challenges from established players and new entrants.
- Strict compliance with agricultural and environmental regulations may impact operations and profitability.
Swot Analysis for Dhanlaxmi Crop Science IPO
Strengths
Strong R&D Focus, Established Market Presence, Robust Distribution Network
Weaknesses
Dependence on Agriculture Sector, Limited International Presence, High Competition
Opportunities
Growing Agricultural Demand, Expansion Potential, Sustainable Practices
Threats
Regulatory Changes, Price Volatility, Economic Downturns
Company Details
Dhanlaxmi Crop Science Ltd
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/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Dhanlaxmi Crop Science IPO are:
- Working capital requirements
- Issue expenses
- General corporate purposes
Finshore Management Services Limited is the book-running lead managers for the Dhanlaxmi Crop Science IPO.