Dhanlaxmi Crop Science Limited

Price
₹52 - ₹55
Lot
2000
Subs.
66.26
Expected Listing Earning

Exp. Premium(GMP):
20.90(38.00%)
IPO Details

Open Date: 09-Dec-2024
Close Date: 11-Dec-2024
Allotment Date: 12-Dec-2024
Listing Date: 16-Dec-2024
Listing Price: N/A
Face Value: ₹₹10 Per Equity Share Per Equity Share
Issue Price: ₹₹52-55 per equity share Per Equity Share
Issue Size: 4,328,000 shares(aggregating up to ₹23.80 Cr)
Market Lot (Min Amount): 2000 Shares (₹110,000/-)
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved5,925,346 4,444,01010,369,35620,738,712
Day 1 - 22-11-23 
05:00 PM
1.35x7.70x6.91x5.53x
Day 2 - 23-11-23 
05:00 PM
3.14x26.24x17.27x15.27x
Day 3 - 24-11-23 
05:00 PM
129.00x62.23x28.95x64.07x
Total No. of Application:2,826,431 (Approx.)
Retail Subscription on the basis of Apps:23.99x
Valuations

Earning Per Share(EPS)₹3.88/-
P/E RatioN/A
RoNW28.87%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20243,496.156,375.08465.36
31 Mar,20232,002.734,664.17299.55
31 Mar,20222,086.333,543.0858.28
Promoter(s)

Pre Issue Share Holding99.48%
Post Issue Share Holding72.97%
Company Promoter(s)
1. Mr. Kamleshkumar Jayantilal Patel
2. Mr. Alpeshbhai Jayantibhai Patel
3. Mr. Meet Kamleshkumar Patel
Issue Objective(s)

  1. To meet Working Capital Requirements
  2. To meet the Issue Expenses
  3. General Corporate Purposes
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.&

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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