274.86x
subscribed
Dhanlaxmi Crop Science IPO
Agriculture
listed
274.86x
subscribed
₹1.04LMin. investment
Dhanlaxmi Crop Science Limited IPO Details
Issue size
₹23Cr
IPO type
SME
Market Cap
₹89.8CrLower than sector avg
Price range
₹52.00 – ₹55.00
RevenueApr 2023 - Mar 2024
₹63.71CrLower than sector avg
Lot size
2000 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
21.60%
SectorAgriculture
Price range₹52.00 – ₹55.00
IPO type
SME
Lot size2000 shares
Issue size₹23Cr
Red Herring Prospectus
Read
Market Cap
₹89.8CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹63.71CrLower than sector avg
Growth rate3Y CAGR
21.60%
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Companies in this sectorObjectives
To meet working capital requirements
The company will spend ₹20.05 crore for working capital requirements.General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposesAbout Dhanlaxmi Crop Science Limited
Incorporated in 2005, Dhanlaxmi Crop Science is a technology-driven seed company with over 18 years of experience in the Indian seed industry. It specialises in field crops and vegetable seeds, including cotton, wheat, maize, okra, and more. As of September 30, 2024, the company produces seeds for 24 different field crops and vegetables and operates in five states. The cotton seeds contribute significantly to revenue (64.73% of operations). During the same period, the company produced 725 MT of raw seeds, including hybrids and open-pollinated varieties. It operates a processing facility in Gujarat with a 7.3 MT/hour capacity and storage for 5,000 MT of seeds.
Frequently asked questions
How to invest in the Dhanlaxmi Crop Science IPO ?
Investors can apply for the Dhanlaxmi Crop Science IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Dhanlaxmi Crop Science IPO ?
The issue size of the Dhanlaxmi Crop Science IPO is 23 Cr.
What is 'pre-apply' for Dhanlaxmi Crop Science IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Dhanlaxmi Crop Science IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.