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Dharmaj Crop Guard Ltd.

Dharmaj Crop Guard Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹237
₹237
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹237
Based on GMP
Min. Investment
₹14,220
1 lot × 60 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Nov 2022
Close Date
30 Nov 2022
Allotment
05 Dec 2022
Listing Date
08 Dec 2022
Exchange
NSE & BSE
Price Band
₹237
Listing Price
See chart
Allotment Status
Price Band
₹237
Per share
Face Value
₹10 per share
 
Lot Size
60 Shares
per lot
Issue Size
1,05,96,924 shares (aggregating up to ₹251.09 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,220
1 lot
Pre-IPO Holding
2,46,83,372 shares
Promoters
Post-IPO Holding
3,37,97,296 shares
Promoters
P/E (Pre)
14.55x
 
UPI Deadline
2022-11-30
Mandate
Anchor AllotmentFri, 25 Nov 2022
Basis of AllotmentMon, 05 Dec 2022
Refund InitiationTue, 06 Dec 2022
Demat CreditTue, 06 Dec 2022
Listing DayThu, 08 Dec 2022
UPI Mandate Deadline2022-11-30
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares91,13,924 shares (aggregating up to ₹215.95 Cr)
Offer for Sale14,83,000 shares of ₹10 (aggregating up to ₹35.14 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Dharmaj Crop Guard Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Nov 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,596,924
100% ₹251.15
IPO Shares Offered
Dharmaj Crop Guard Ltd. IPO total issue size: ₹251.15 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,596,924 ₹251.15
100.00%
* Based on upper price band ₹237 per share
Lot Size & Investment
Lot Size
60
Shares per Lot
Issue Price
₹237.00
Upper Band
Min Investment
₹14,220
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2120₹28,440
Retail (Max — 14 Lots)14840₹199,080
S-HNI (Min — 15 Lots)15900₹213,300
B-HNI (Min — 71 Lots)714,260₹1,009,620
* Issue Price ₹237 × Lot Size 60 shares
IPO Schedule
Anchor
25 Nov 2022
✓ Done
IPO Open
28 Nov 2022
✓ Done
IPO Close
30 Nov 2022
✓ Done
Allotment
05 Dec 2022
✓ Done
Refunds
06 Dec 2022
✓ Done
Demat Credit
06 Dec 2022
✓ Done
Listing Day
08 Dec 2022
✓ Done
Dharmaj Crop Guard Ltd. — Live Price LIVE
₹237.00
INR · BSE
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Issue ₹237.00 Live Price
About Dharmaj Crop Guard Ltd.
Incorporated in 2015, 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.
Objects of the Issue
1
1 Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat
2
2 Funding incremental working capital requirements of the Company
3
3 Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company
4
4 General corporate purposes
Dharmaj Crop Guard Ltd. Financials (Amount in Crore)
Revenue from Operations
₹303.6
31-Mar-21
₹199.2
31-Mar-20
₹140.0
31-Mar-19
Profit After Tax (PAT)
₹21.0
31-Mar-21
₹10.8
31-Mar-20
₹5.0
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 139.95 199.16 303.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 5.02 10.76 20.96
Net Worth 10.46 35.22 56.14
Total Assets 47.66 92.58 128.87
Reserves & Surplus N/A N/A N/A
Borrowings 20.35 20.18 26.92
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,05,96,924 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,46,83,372 shares
Post-Issue Promoter Holding3,37,97,296 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Elara Capital (India) Pvt.Ltd.
Monarch Networth Capital Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Dharmaj Crop Guard Ltd. IPO subscribed?

Dharmaj Crop Guard Ltd. IPO is subscribed 1.00 times by Nov 30, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Dharmaj Crop Guard Ltd. IPO retail subscription status?

The Dharmaj Crop Guard Ltd. IPO retail category is subscribed 1.00 times as of 30 Nov 2022. The retail portion is oversubscribed.

How to subscribe Dharmaj Crop Guard Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Nov 2022 and closes 30 Nov 2022. Min investment: ₹14,220 (1 lot = 60 shares). UPI mandate: 2022-11-30.

How many times Dharmaj Crop Guard Ltd. IPO subscribed?

The Dharmaj Crop Guard Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Dharmaj Crop Guard Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Dec 2022. Refunds: on 06 Dec 2022.

When Dharmaj Crop Guard Ltd. IPO will be listed?

The Dharmaj Crop Guard Ltd. IPO listing date is 08 Dec 2022, Thursday. Listed on: NSE & BSE. Issue price: ₹237. Estimated listing: ₹237. GMP: NIL.

When Dharmaj Crop Guard Ltd. IPO close?

The Dharmaj Crop Guard Ltd. IPO closes on 30 Nov 2022, Wednesday. UPI mandate: 2022-11-30. Allotment: 05 Dec 2022. Listing: 08 Dec 2022.