
✓
Open
9 Dec 2024
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Close
11 Dec 2024
3
Allotment
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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
16-12-2024₹50Est. ₹105+90.91%
15-12-2024₹50Est. ₹105+90.91%
14-12-2024₹50Est. ₹105+90.91%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 407.36x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 51.38 | 34.96 | 20.03 | 20.86 |
| Total Income | 119.96 | 63.75 | 46.64 | 35.43 |
| Profit After Tax | 8.21 | 4.65 | 3.00 | 0.58 |
| NET Worth | 24.32 | 16.12 | 11.40 | 6.17 |
| Reserves and Surplus | 12.32 | 7.12 | 7.40 | 4.40 |
| Total Borrowing | 7.69 | 1.04 | 2.58 | 9.13 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| NeoPolitan Pizza & Foods Ltd. | SME | ₹12.00 Cr | ₹20 | 10.44 | ₹20.21 | +1.05% | ₹6.89 (-2.27%) |
| Aelea Commodities Ltd. | SME | ₹51.00 Cr | ₹95 | 11.62 | ₹173.25 | +82.37% | ₹148.00 (+0.51%) |
| TBI Corn Ltd. | SME | ₹44.94 Cr | ₹94 | 18.33 | ₹207.90 | +121.17% | ₹66.00 (+6.71%) |
| TGIF Agribusiness Ltd. | SME | ₹6.39 Cr | ₹93 | 13.58 | ₹142.50 | +53.23% | ₹102.00 (+0.00%) |
| Vishwas Agri Seeds Ltd. | SME | ₹25.80 Cr | ₹86 | 5.06 | ₹83.60 | -2.79% | ₹48.00 (-4.48%) |
| Harshdeep Hortico Ltd. | SME | ₹19.09 Cr | ₹45 | 0 | ₹66.50 | +47.78% | ₹82.90 (+1.66%) |
| Sameera Agro & Infra Ltd. | SME | ₹62.64 Cr | ₹180 | 15.11 | ₹171.00 | -5.00% | ₹5.15 (+1.98%) |
| Sanstar Ltd. | Mainboard | ₹510.15 Cr | ₹95 | 19.98 | ₹115.07 | +21.13% | ₹107.63 (-3.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 20.06 |
| 2 | Issue Related Expenses | 2.25 |
| 3 | General Corporate Expense | 1.50 |
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