Dharmaj Crop Guard Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹216 - ₹237
- Lot size
- 60 shares
- Issue amount
- ₹251.09 cr
- Total subscription
- 35.49×
- Opens
- 28 Nov 2022
- Closes
- 30 Nov 2022
- Allotment
- 5 Dec 2022
- Listing
- 8 Dec 2022
Offer at a glance
Issue overview
- Issue size
- 1,05,96,924 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹12,960
- Fresh issue
- ₹215.95 cr
- Offer for sale
- ₹35.14 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,220
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,46,83,372
- Shares after issue
- 3,37,97,296
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 60 | ₹14,220 |
| sHNI | 15 | 900 | ₹2,13,300 |
| bHNI | 71 | 4,260 | ₹10,09,620 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 48.47 | 2,564.11 |
| RETAIL | 86.4 | 2,041.01 |
| HNIs 2+ | 12.34 | 689.59 |
| HNIs 10+ | 24.68 | 1,434.67 |
| EMPLOYEES | 1.19 | 9.76 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2015, Dharmaj Crop Guard Limited is an agrochemical company engaged in manufacturing, distributing, and marketing a wide range of products including insecticides, fungicides, herbicides, plant growth regulators, micro-fertilizers, and antibiotics for B2B and B2C customers. The company provides crop protection solutions to help farmers maximize productivity and profitability and exports its products to over 20 countries across Latin America, East Africa, the Middle East, and Far East Asia. As of November 2021, Dharmaj Crop Guard had more than 196 institutional products sold to over 600 customers in India and abroad, with branded products distributed through a network of 3,700 dealers across 12 states and supported by eight stock depots. The company’s manufacturing facility and R&D centre are located in Ahmedabad, Gujarat, and its revenue from operations for Fiscals 2019, 2020, and 2021, and the seven months ended October 31, 2021, were Rs 1,393.56 million, Rs 1,982.22 million, Rs 3,024.10 million, and Rs 2,272.62 million, respectively.
Promoters
Rameshbhai Ravajibhai Talavia
Jamankumar Hansarajbhai Talavia
Jagdishbhai Ravjibhai Savaliya
Vishal Domadia
Registrar & documents
Lead manager
Elara Capital (India) Private Limited, Monarch Networth Capital Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 408 to 411, Kerala GIDC Estate, Off NH-8, At: Kerala, Taluka Bavla, Ahmedabad – 382220
+91-79-29603735
[email protected]Company website ↗Understanding DHARMAJ IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.