247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Dharmaj Crop Guard Limited IPO (Dharmaj Crop Guard IPO) Details

Dharmaj Crop Guard Limited is an Agro based company, located in Ahmedabad, Dharmaj Crop Guard Limited IPO size was 251.15 Cr. and was issued at 237.00 per share. The share of Dharmaj Crop Guard Limited were listed at 266.40 per share and are currently trading at 257.10 per share.

Type :
Sub Sector : Agrochemicals Having B2C And B2B Customers
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
663.51 Cr.

PAT :
55.08 Cr.

Pricing Report

Issue Price :
237.00

Listing Price :
266.40

Current Market Price :
257.10

Issue Price vs CMP :
20.1 (8.48%)

listing Price vs CMP :
9.3 (3.49%)

Performance Report (CAGR* wise)

CAGR : 3.91
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Dharmaj Crop Guard

Company Information
Dharmaj Crop Guard Limited is an agrochemical manufacturer, distributor, and marketer of a wide range of agrochemical formulations, including insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics, catering to both B2C and B2B customers. The company markets and distributes agrochemical products under its own brands, in-licensed brands, and generic brands, targeting Indian farmers through a robust distribution network. Their focus is on providing crop protection solutions that help farmers maximize productivity and profitability. The company exports its products to over 20 countries across Latin America, East Africa, the Middle East, and Far East Asia.
The products are available in various forms such as granules, powders, and liquids. Additionally, the company manufactures and sells general insect and pest control chemicals for public health and animal
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Object of Issue
  • Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat
  • Funding incremental working capital requirements of the Company
  • Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company
  • General Corporate Purposes

Dharmaj Crop Guard MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2022
IPO Size :
251.15 Cr.
Market Cap :
18.36 Cr.   
IPO Subscription :
35.49 X     
PE Multiple :
14.55
Merchant Banker :
Monarch Networth Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Dharmaj Crop Guard operates in Agro and Agrochemicals Having B2C And B2B Customers. The Issue is listed on MainBoard in Dec, 2022. Dharmaj Crop Guard IPO size was 251.15 Cr. with Issue price of 237.00 .

Merchant Banker(s) of Dharmaj Crop Guard IPO: Monarch Networth Capital Limited , Elara Capital (India) Private Limited

Dharmaj Crop Guard IPO subscription was 35.49 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.

Dharmaj Crop Guard IPO listed at a listing price of 266.40 against the offer price of 237.00.

The current market price of Dharmaj Crop Guard is 257.10.

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