Dhanlaxmi Crop Science IPO Review | Details | Analysis #ipo #iporeview #newipo #ipolatestnews #ipoalert #ipodetails #ipoanalysis #ipoprice #ipodate #stockmarket #sharemarket #ipoupdate
In this video we have discussed about Dhanlaxmi Crop Science IPO Review Details and financial Analysis
Dhanlaxmi Crop Science IPO is a book built issue of Rs 23.80 crores. The issue is entirely a fresh issue of 43.28 lakh shares.
Dhanlaxmi Crop Science IPO opens for subscription on December 9, 2024 and closes on December 11, 2024. The allotment for the Dhanlaxmi Crop Science IPO is expected to be finalized on Thursday, December 12, 2024. Dhanlaxmi Crop Science IPO will list on NSE SME with tentative listing date fixed as Monday, December 16, 2024.
Dhanlaxmi Crop Science IPO price band is set at ₹52 to ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000.
Dhanlaxmi Crop Science IPO Details
IPO Date December 9, 2024 to December 11, 2024
Listing Date [.]
Face Value ₹10 per share
Price Band ₹52 to ₹55 per share
Lot Size 2000 Shares
Total Issue Size 4,328,000 shares
(aggregating up to ₹23.80 Cr)
Fresh Issue 4,328,000 shares
(aggregating up to ₹23.80 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue 12,000,000
Share holding post issue 16,328,000
Market Maker portion 218,000 shares
Dhanlaxmi Crop Science IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Dhanlaxmi Crop Science IPO Timeline (Tentative Schedule)
Dhanlaxmi Crop Science IPO opens on December 9, 2024, and closes on December 11, 2024.
IPO Open Date Monday, December 9, 2024
IPO Close Date Wednesday, December 11, 2024
Basis of Allotment Thursday, December 12, 2024
Initiation of Refunds Friday, December 13, 2024
Credit of Shares to Demat Friday, December 13, 2024
Listing Date Monday, December 16, 2024
Cut-off time for UPI mandate confirmation 5 PM on December 11, 2024
Dhanlaxmi Crop Science IPO Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application Lots Shares Amount
Retail (Min) 1 2000 ₹110,000
Retail (Max) 1 2000 ₹110,000
HNI (Min) 2 4,000 ₹220,000Dhanlaxmi Crop Science IPO Promoter Holding
Mr. Kamleshkumar Jayantilal Patel, Mr. Alpeshbhai Jayantibhai Patel and Mr. Meet Kamleshkumar Patel are the promoters of the company.
Share Holding Pre Issue 76.70%
Share Holding Post Issue 56.37%
About Dhanlaxmi Crop Science Ltd
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*
Information provided in this video is for educational purpose only. It may not necessarily be correct and not intended to be taken as financial legal or other type of advice. It has not been prepared with regard to the individual needs objectives or financial situation of any particular person. Please consult your financial advisor before any type of investment. Invest at your own risk.
We are not SEBI registered. Information provided in this video is for educational purpose only. It is personal view on particular share and IPO . Do you thorough research before buying or selling any IPO. Buy and Sell at your own risk
