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Dhanlaxmi Crop Science IPO
274.86xsubscribed

Dhanlaxmi Crop Science IPO

Agriculture
listed
₹1.04LMin. investment

Dhanlaxmi Crop Science Limited IPO Details

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%

Dhanlaxmi Crop Science IPO Timeline

  1. Pre-apply
    6 Dec 2024
  2. Bid start
    9 Dec 2024
  3. Bid end
    11 Dec 2024
  4. Allotment
    12 Dec 2024
  5. Release of funds
    13 Dec 2024
  6. Demat transfer
    13 Dec 2024
  7. Listing
    16 Dec 2024

About 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.

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Objectives of Dhanlaxmi Crop Science IPO

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 purposes

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹63.71Cr21.60%₹4.65Cr₹89.8Cr10.630.06
This sector (avg.)₹459.44Cr---₹41.49Cr₹706.44Cr75.040.31
₹18,298.01Cr---₹2,199.36Cr₹11,995.88Cr10.620.28
₹1,204.97Cr---₹282.28Cr₹4,762.34Cr15.850
₹1,561.03Cr---₹88.31Cr₹3,248.7Cr26.730.24

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Dhanlaxmi Crop Science IPO Contact Details

Company NameDhanlaxmi Crop Science Limited

How to apply for Dhanlaxmi Crop Science IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Dhanlaxmi Crop Science IPO FAQs