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Dhanlaxmi Crop Science IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Himmatnagar and caters to Agro sector. Finshore Management Services is the merchant banker of Dhanlaxmi Crop Science IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th August 2024.
Dhanlaxmi Crop Science IPO open date is 9th December 2024 and close date is 11th December 2024. IPO Allotment Date is 12th December 2024 and Listing date is 16th December 2024.Dhanlaxmi Crop Science IPO size is Rs 23.80 Cr. crores with IPO price of Rs 55.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Dhanlaxmi Crop Science IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Mnm Stock Broking Private Limited for Dhanlaxmi Crop Science IPO.
Dhanlaxmi Crop Science IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Ashika Global Securities | 184,000.00 | ₹55.00 | ₹10,120,000.00 |
| Vijit Growth Fund | 182,000.00 | ₹55.00 | ₹10,010,000.00 |
| Vikasa India EIF | 366,000.00 | ₹55.00 | ₹20,130,000.00 |
| Eminence Global Fund | 234,000.00 | ₹55.00 | ₹12,870,000.00 |
| Abundantia Capital VCC | 192,000.00 | ₹55.00 | ₹10,560,000.00 |
Dhanlaxmi Crop Science IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Dhanlaxmi Crop Science IPO, based in Himmatnagar, operates in the Agro sector with a focus on technology-driven seeds company that develops, produces, processes, and sells seeds for various field crops and vegetables.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Dhanlaxmi Crop Science IPO size is ₹ 23.80 Cr. Crores with fresh issue size of Rs 23.80 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Dhanlaxmi Crop Science IPO is expected to be 12th December 2024, after the finalization of basis of allotment. Investors can check Dhanlaxmi Crop Science IPO allotment status on the registrars website, Bigshare Services Private Limited. Dhanlaxmi Crop Science IPO refund dates are 13th December 2024.
Dhanlaxmi Crop Science IPO is expected to be listed on 16th December 2024.
The upper price band for the Dhanlaxmi Crop Science IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Dhanlaxmi Crop Science IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Dhanlaxmi Crop Science IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th December 2024. After submission, funds are blocked until the basis of allotment of Dhanlaxmi Crop Science IPO is finalised.
The merchant banker for Dhanlaxmi Crop Science IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Dhanlaxmi Crop Science IPO RHP for further details.
The registrar for Dhanlaxmi Crop Science IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Dhanlaxmi Crop Science IPO through their official website or helpline.
Dhanlaxmi Crop Science IPO was subscribed 555.83 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.73 Cr.
Sector: Agro
SME IPO so far:
34
Merchant Banker:
Finshore Management
SME IPO by BRLM so far:
47
City:
Himmatnagar
SME IPO so far:
2
Revenue (annualised):
₹ 239.90 cr.
PE
Ratio:
5.47x
Average Sector PE Ratio: 18.29x
Dhanlaxmi Crop Science IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Dhanlaxmi Crop Science Financial Review Page
Merchant Banker(s) of Dhanlaxmi Crop Science IPO: Finshore Management Services Limited
Dhanlaxmi Crop Science IPO subscription was 555.83 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Dhanlaxmi Crop Science IPO listed at a listing price of 109.70 against the offer price of 55.00.
The current market price of Dhanlaxmi Crop Science is 59.00.
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