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Dhanlaxmi Crop listing Review
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Subscription status of Dhanlaxmi Crop IPO
Dhanlaxmi Crop Science IPO (Closed) Price Rs. 55 Lot 2000 shares, Rs. 23.80 Crore |
||||
QIB | NII x | RII x | Total x | Applications |
197.65 | 1241.27 | 441.18 | 555.83 | 3,63,308 (477.41x) |
Amount wise bids recd. Rs. ? Crore | ||||
Note: |
What is the business of Dhanlaxmi Crop?
Dhanlaxmi Crop IPO Details |
|
IPO opens on | 9 December 2024 |
IPO closes on | 11 December 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | 4328000 Shares / Rs 23.80 Crore |
* Fresh Issue | 4328000 Shares / Rs 23.80 Crore |
* Offer for Sale – | – shares / Rs. – crore |
Market Maker Portion | 218000 Shares |
Net offer to Public | 4110000 Shares/ Rs.22.60 Crore |
Face Value per share | Rs. 10 |
Price Band | Rs. 52-55 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 2000 Shares |
Listing will at | NSE SME |
Shares offered in IPO |
||
Shares | Rs. (Crore) | |
QIB (50%) | 2055000 | 11.30 |
NII (15%) | 616500 | 3.39 |
RII (35%) | 1438500 | 7.91 |
Total Shares | 4885200 | 46.41 |
Retail portion will be oversubscribed by |
1425 | |
Forms | ||
How much Shares to Apply in this IPO? | ||
Min Retail Application | 2000 Shares | Rs.110000 |
Min HNI Application | 4000 Shares | Rs.220000 |
Who are the Promoters of Dhanlaxmi Crop?
Mr. Kamleshkumar Jayantilal Patel, Mr. Alpeshbhai Jayantibhai Patel and Mr. Meet Kamleshkumar Patel are the promoters of the company.
What are the Objects of Dhanlaxmi Crop IPO?
The Offer comprises of fresh issue of shares
The Objects of the Issue are:
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Tentative timetable |
|
IPO opens on | 9 December 2024 |
IPO Closes on | 11 December 2024 |
IPO Allotment on | 12 December 2024 |
Refund Initiation | 13 December 2024 |
Credit of Shares | 13 December 2024 |
Listing on | 16 December 2024 |
Registered Office of the Company Dhanlaxmi Crop Science Ltd Survey No. 24, Opp. Arts and Commence College, Shamlaji High Way, N.H. No.8, Motipura, Sabar Kantha, Himatnagar, – 383001 |
Who is the Lead Manager of this IPO? Finshore Management Services ltd |
Who is the Registrar to IPO? |
Dhanlaxmi Crop IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Dhanlaxmi Crop IPO Financial & Analytical Ratios |
||||
Year | Total Income |
Net Profit |
EPS | RoNW |
Rs.in Crore | Rs.in Crore | Rs. | % | |
2021-22 | 35.43 | 0.58 | – | |
2022-23 | 46.64 | 2.99 | – | |
2023-24 | 63.75 | 4.65 | 3.88 | 28.87 |
Book Value of the Share on 31.03.2024 |
Rs | 13.43 | ||
BV of the Share at cap price after IPO |
Rs. | |||
Offer Price/upper band | Rs. | 55 |
Key Performance
|
|
Price/EPS of 23-24 | 14.17 |
Price/BV Ratio | 4.10 |
Debt/Equity Ratio | 0.06 |
How Dhanlaxmi Crop IPO compares with the Peers?
As on date of RHP | FV | Total | PE |
Rs. | Income | Ratio of | |
Rs. In Crore | |||
Dhanlaxmi Crop | 10 | 14.17 | |
Mangalam Seed | 10 | 16.67 | |
Upsurge Seeds | 10 | 25.39 | |
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