Dhanlaxmi Crop Science Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,930,000 (45%) | — | ₹1,062 Cr |
| NII (HNI) | — | 658,000 (15%) | — | ₹362 Cr |
| Retail | — | 1,522,000 (35%) | — | ₹837 Cr |
| Market Maker | — | 218,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 4,328,000 (100%) | — | ₹23,804 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 11,996 | 6,375 | 4,664 |
| Profit After Tax | 821 | 465 | 300 |
| Net Worth | 2,432 | 1,612 | 1,140 |
| Total Assets | 5,138 | 3,496 | 2,003 |
| Reserves & Surplus | 1,232 | 712 | 740 |
| Total Borrowing | 769 | 104 | 258 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet Working Capital Requirements –
- To meet the Issue Expenses –
- General Corporate Purposes –
Company Overview
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 quality
- Our Research & Development Capabilities
- Established brand
- Customer satisfaction and revenues from long-standing customer relationships
- Experienced Promoter and Management Expertise
- Proven track record of robust financial performance.
As of December 2, 2024, the company has 56 employees.