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Dhanlaxmi Crop Science Limited IPO

Dhanlaxmi Crop Science Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
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Listed Price: ₹ 104.50 (+90.00%)

Dhanlaxmi Crop Science Limited's successfully completed its Initial Public Offering and commenced trading on 16-12-2024 at the NSE exchange. The company raised 43,28,000 Shares through this public offering, comprising 43,28,000 Shares in fresh capital.

The IPO was priced within the band of ₹52 to ₹55, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from 09-12-2024 to 11-12-2024.

Share allotment was finalized on 12-12-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Dhanlaxmi Crop IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Dhanlaxmi Crop IPO Key Performance Indicator
Company Financials ( In Lakhs. )

Dhanlaxmi Crop IPO About Company

Dhanlaxmi Crop Science, incorporated in 2005, is a technology-driven seeds company specializing in the development, production, processing, and sale of seeds for 24 field crops and vegetables. Combining traditional breeding methods with advanced biotechnology, the company produces hybrid and open-pollinated variety seeds with higher yields, improved quality, and enhanced pest and disease resistance. Operating across five Indian states, it is a leading player in cotton seeds, which contributed 76.78%, 71.47%, and 64.73% of its revenue in FY 2024, 2023, and 2022, respectively. Its diverse portfolio includes seeds for cotton, wheat, cumin, bajra, maize, gram, okra, green gram, soybean, mustard, groundnut, jowar, onion, and more. As of December 2, 2024, Dhanlaxmi Crop Science employed 56 individuals, supporting its mission to provide innovative and high-quality agricultural solutions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Dhanlaxmi Crop IPO Strength Factors

  1. Integrated Seed Processing & Storage: State-of-the-art unit with in-house warehousing ensures efficiency and quality preservation.
  2. Diverse Product Portfolio: Offers a wide range of high-quality field crop and vegetable seeds for varied agricultural needs.
  3. Strong R&D Capabilities: Advanced research and breeding techniques drive innovation and superior seed performance.

Dhanlaxmi Crop IPO Risk Factors

  1. Legal Risks: Ongoing proceedings involving the company, its directors, promoters, and group entities could adversely impact financial performance.
  2. Product Concentration Risk: Heavy reliance on cotton seed sales exposes the company to revenue and growth vulnerabilities.
  3. R&D Dependence: Success depends on effective research and development; failure to innovate may hinder business growth.

Dhanlaxmi Crop IPO Lead Manager(s)

  • Finshore Managment Services Limited

Dhanlaxmi Crop IPO Promoter(s)

  1. Mr. Kamleshkumar Jayantilal Patel
  2. Mr. Alpeshbhai Jayantibhai Patel
  3. Mr. Meet Kamleshkumar Patel

Dhanlaxmi Crop IPO Company Details

Dhanlaxmi Crop Science Limited
Phone:
address:

Dhanlaxmi Crop IPO Registrar

Bigshare Services Private Limited
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Phone:

Dhanlaxmi Crop IPO FAQs