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Open
28 Nov 2022
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Close
30 Nov 2022
3
Allotment
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Listing
Thu, Dec 8, 2022
Price Band
₹216 to ₹237
Issue Size
1,05,96,924 shares (agg. up to ₹251 Cr)
Lot Size
60 Shares
Listing Date
Thu, Dec 8, 2022
Latest GMP
₹38
Est. Gain
16.03%
✦ AI Insight
GMP Trend
08-12-2022₹38Est. ₹275+16.03%
07-12-2022₹48Est. ₹285+20.25%
06-12-2022₹55Est. ₹292+23.21%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 26.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|---|
| Assets | 305.76 | 219.55 | 128.87 | 92.58 | 47.66 |
| Total Income | 221.17 | 396.29 | 303.57 | 199.17 | 139.95 |
| Profit After Tax | 18.36 | 28.69 | 20.96 | 10.76 | 5.02 |
| NET Worth | 101.17 | 82.82 | 56.14 | 35.22 | 10.46 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 | |
| Total Borrowing | 51.56 | 36.93 | 26.92 | 20.18 | 20.35 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat | 104.97 |
| 2 | Funding incremental working capital requirements of the Company | 45.00 |
| 3 | Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company | 10.00 |
| 4 | General corporate purposes | 41.47 |
About Dharmaj Crop Guard IPO
Incorporated in 2015, Dharmaj Crop Guard Limited is an agrochemical company. The company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers. The company also provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. Dharmaj Crop Guard Limited export products to more than 20 countries in Latin America, East African Countries, the Middle East and Far East Asia. As of November 30, 2021, Dharmaj Crop Guard Limited had more than 196 institutional products that they sold to more than 600 customers based in India and the international markets. As of November 30, 2021, the company exported its products to more than 60 customers across 20 countries. The company's manufacturing facility is located in Ahmedabad, Gujarat, India. Dharmaj Crop Guard Limited also has a research and development ("R&D") centre at the manufacturing facility. The company's branded products are sold in 12 states through a network comprising over 3,700 dealers having access t
Contact Details
Dharmaj Crop Guard Ltd. AddressPlot No.408 to 411Kerala GIDC Estate, Off NH-8, At: KeralaTaluka BavlaAhmedabad, Gujarat, 382220+91-79-29603735Visit Website