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Dhanlaxmi Crop Science IPO IPO

SME9 Dec 202411 Dec 2024
Open
9 Dec 2024
Close
11 Dec 2024
3
Allotment
Listing
Mon, Dec 16, 2024
Price Band
₹52 to ₹55
Issue Size
43,28,000 shares (agg. up to ₹24 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Dec 16, 2024
Latest GMP
₹50
Est. Gain
90.91%
✦ AI Insight

GMP Trend

16-12-202450Est. ₹105+90.91%
15-12-202450Est. ₹105+90.91%
14-12-202450Est. ₹105+90.91%

Live Subscription

CategorySubscription (times)
Total407.36x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets51.3834.9620.0320.86
Total Income119.9663.7546.6435.43
Profit After Tax8.214.653.000.58
NET Worth24.3216.1211.406.17
Reserves and Surplus12.327.127.404.40
Total Borrowing7.691.042.589.13
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
NeoPolitan Pizza & Foods Ltd.SME₹12.00 Cr₹2010.44₹20.21+1.05%₹6.89 (-2.27%)
Aelea Commodities Ltd.SME₹51.00 Cr₹9511.62₹173.25+82.37%₹148.00 (+0.51%)
TBI Corn Ltd.SME₹44.94 Cr₹9418.33₹207.90+121.17%₹66.00 (+6.71%)
TGIF Agribusiness Ltd.SME₹6.39 Cr₹9313.58₹142.50+53.23%₹102.00 (+0.00%)
Vishwas Agri Seeds Ltd.SME₹25.80 Cr₹865.06₹83.60-2.79%₹48.00 (-4.48%)
Harshdeep Hortico Ltd.SME₹19.09 Cr₹450₹66.50+47.78%₹82.90 (+1.66%)
Sameera Agro & Infra Ltd.SME₹62.64 Cr₹18015.11₹171.00-5.00%₹5.15 (+1.98%)
Sanstar Ltd.Mainboard₹510.15 Cr₹9519.98₹115.07+21.13%₹107.63 (-3.06%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Working Capital Requirements20.06
2Issue Related Expenses2.25
3General Corporate Expense1.50

About Dhanlaxmi Crop Science IPO

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.& Their Competitive Strenght: Integrated seed processing unit with warehouse facility on one premises. Wide range of products bac

Contact Details

Dhanlaxmi Crop Science Ltd. AddressSurvey No.24, Opp.Arts and Commence CollegeShamlaji High Way, N.H.No.8Motipura, Sabar KanthaHimatnagar, Gujarat, 383001+91 27 7224 4033cs@dhanlaxmiseeds.comVisit Website