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Dhanlaxmi Crop Science Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹55
Per Share
GMP
NIL
Grey Market
Est. Listing
₹55
Expected Price
Min. Application
₹220,000
2 lots × 2000 shares
IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size43,28,000 shares (aggregating up to ₹23.80 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 09 Dec 2024
Subscription CloseWed, 11 Dec 2024
Anchor AllotmentSun, 08 Dec 2024
Basis of AllotmentThu, 12 Dec 2024
Initiation of RefundsFri, 13 Dec 2024
Credit of Shares to DematFri, 13 Dec 2024
Listing DateMon, 16 Dec 2024
UPI Mandate Deadline2024-12-11
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
EPS (Pre-IPO)₹3.88
EPS (Post-IPO)₹10.05
P/E Ratio (Pre-IPO)14.18x
P/E Ratio (Post-IPO)5.47x
Net Offer to Public41,10,000 shares (aggregating up to ₹22.61 Cr)
Reserved for Market Maker2,18,000 shares (aggregating up to ₹1.20 Cr)
Pre-IPO Promoter Holding1,20,00,000 shares
Post-IPO Promoter Holding1,63,28,000 shares
About Dhanlaxmi Crop Science Ltd

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 qualityOur Research & Development CapabilitiesEstablished brandCustomer satisfaction and revenues from long-standing customer relationshipsExperienced Promoter and Management ExpertiseProven track record of robust financial performance.As of December 2, 2024, the company has 56 employees.

Objects of the Issue

Dhanlaxmi Crop Science Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
To meet Working Capital Requirements
2
To meet the Issue Expenses
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,20,00,000 shares
Post-IPO Promoter Holding 1,63,28,000 shares
Check AllotmentCheck Status →
Dhanlaxmi Crop Science Ltd — Live Price LIVE
₹55.00
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Issue ₹55.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹55
GMPNIL
Est. Listing₹55
Lot Size2,000 shares
Min Amount₹220,000
Listing Date16 Dec 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹55
Listing Date16 Dec 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 218,000 ₹1.20 Cr
TOTAL 4,328,000 100.00% ₹23.80 Cr
* Based on ₹55.00 (upper price band)
Lot Size & Investment Details
Lot Size
2,000
Shares
Issue Price
₹55.00
Per Share
Min Investment
₹110,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 2,000 ₹110,000
Retail (Max) 13 26,000 ₹1,430,000
sNII (Min) 14 28,000 ₹1,540,000
bNII (Min) 68 136,000 ₹7,480,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 11996.26 6375.08 4664.17
EBITDA N/A N/A N/A
Profit After Tax (PAT) 820.81 465.36 299.55
Net Worth 2432.30 1612.07 1139.63
Total Assets 5137.91 3496.15 2002.73
Reserves & Surplus 1232.30 712.07 739.63
Total Borrowings 768.61 104.24 258.32
Key Ratios & Valuation
Issue Price ₹55
Face Value ₹10 Per Share
P/BV 3.07
RoE 33.82%
RoCE 39.07%
RoNW 28.87%
PAT Margin (%) 7.30%
EBITDA Margin (%) N/A
Debt / Equity 0.06
Company Details
Company
Dhanlaxmi Crop Science Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Survey No. 24, Opp. Arts and Commence College Shamlaji High Way, N.H. No.8 Motipura, Sabar Kantha Himatnagar, Gujarat, 383001
Book Running Lead Managers
Finshore Management Services Ltd
Book Running Lead Manager (BRLM)