
Dharmaj Crop Guard Limited
Mainboard₹14,220 / 60 Shares
Dharmaj Crop Guard Limited IPO Details
The Dharmaj Crop Guard Limited IPO price band is set between ₹216-237 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 28 Nov, 2022 and closes on 30 Nov, 2022. Investors can check the allotment status on 5 Dec, 2022, while the listing date is tentatively scheduled for 8 Dec, 2022.
The total issue size is Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr, aggregating up to . Stay tuned for the latest Dharmaj Crop Guard Limited IPO review and GMP updates.
Dharmaj Crop Guard Limited IPO Review, Rating & Analysis
Dharmaj Crop Guard Limited IPO Review
NO REVIEWDharmaj Crop Guard Limited IPO Rating
Dharmaj Crop Guard Limited IPO Highlights
IPO Date
Nov 28, 2022 - Nov 30, 2022
Listing Date
8 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹216-237 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Dharmaj Crop Guard Limited IPO Lot Size
The minimum market lot for Dharmaj Crop Guard Limited IPO is 60 shares with an application amount of ₹14,220. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹14,220 |
| Retail (Max) | 14 | 840 | ₹1,99,080 |
| S-HNI (Min) | 15 | 900 | ₹2,13,300 |
| S-HNI (Max) | 70 | 4200 | ₹9,95,400 |
| B-HNI (Min) | 71 | 4260 | ₹10,09,620 |
Dharmaj Crop Guard Limited IPO Timeline
Issue Price
₹216-237 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Elara Capital (India) Private,Monarch Networth Capital LtdIssue Size
Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 CrDharmaj Crop Guard Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 219.54 | 396.29 | 28.69 | - | - | - |
| 31 Mar 21 | 128.87 | 303.56 | 20.96 | - | - | - |
| 31 Mar 20 | 92.58 | 199.16 | 10.76 | - | - | - |
| 31 Mar 19 | 47.66 | 139.95 | 5.02 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Rameshbhai Ravajibhai Talavia
- Jamankumar Hansarajbhai Talavia
- Jagdishbhai Ravjibhai Savaliya
- Vishal Domadia
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.03% |
About Company
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.
Frequently Asked Questions about Dharmaj Crop Guard Limited IPO
When will Dharmaj Crop Guard Limited IPO open for subscription?
The Dharmaj Crop Guard Limited IPO opens on 28 Nov, 2022 and closes on 30 Nov, 2022.
What is the investors portion for Dharmaj Crop Guard Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Dharmaj Crop Guard Limited IPO?
You can apply for Dharmaj Crop Guard Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Dharmaj Crop Guard Limited IPO?
The issue size of Dharmaj Crop Guard Limited IPO is approx ₹Total ₹251.15 Cr : Fresh Issue : ₹216 Cr + OFS 1,483,000 ₹35.15 Cr crores.
What is the price band of Dharmaj Crop Guard Limited IPO?
The price band for Dharmaj Crop Guard Limited IPO is ₹216 to ₹237 per equity share.
What is the lot size of Dharmaj Crop Guard Limited IPO?
The minimum bid (lot size) for Dharmaj Crop Guard Limited IPO is N/A shares with an investment of approx ₹14,220 .
What is the allotment date of Dharmaj Crop Guard Limited IPO?
The allotment date for Dharmaj Crop Guard Limited IPO is 5 Dec, 2022.
What is the listing date of Dharmaj Crop Guard Limited IPO?
The listing date for Dharmaj Crop Guard Limited IPO is expected to be 8 Dec, 2022.
What is the GMP of Dharmaj Crop Guard Limited IPO?
The latest Grey Market Premium (GMP) for Dharmaj Crop Guard Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
