Dhanlaxmi Crop Science IPO

Dhanlaxmi Crop Science Ltd

₹1,04,000 /2000 sharesMinimum Investment

Dhanlaxmi Crop Science IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
9 Dec ‘24 - 11 Dec ‘24₹1,04,0002,000₹52 - ₹55
Issue SizeIPO Doc
23.80Cr
RHP PDF

Subscription rate

As of 11 Dec'24, 05:00 PM
Qualified Institutional Buyers147.704663212435x
Non-Institutional Investor622.908814589666x
Retail Individual Investor319.107752956636x
Total318.480757097792x

About Dhanlaxmi Crop Science

Dhanlaxmi Crop Science is a technology-focused seed company involved in the development, production, processing, and sale of seeds for a variety of field crops and vegetables. The company claims that the seeds are designed to adapt to varying agroclimatic conditions like water availability, crop duration, and soil types. The company’s product portfolio includes seeds for field crops such as cotton, wheat, cumin, bajra, maize, gram, green gram, black gram, mustard, groundnut, guar, castor, sesame, jowar, and soybean, as well as vegetable seeds for crops like okra, onion, coriander, red gram, and green pea.;
Founded in
2005
Managing director
Mr. Kamleshkumar Jayantilal Patel
Parent organisation
Dhanlaxmi Crop Science Ltd

Strengths & Financials of Dhanlaxmi Crop Science

Strengths
Risks
As of September 30, 2024, the company produced seeds for 24 different field crops and vegetables, with operations spanning five states across India.
The company’s research and development (R&D) efforts include both traditional breeding programs and advanced biotechnology tools. The company claims that this approach has helped build a diverse germplasm repository, enabling the development of a wide range of high-quality products.
Through its research, the company has developed and commercialised hybrid seed products for cotton, such as Advance, Agniveer, and Dhanvarsha, which gained market success due to their superior quality and yield.
By September 30, 2024, the company had produced 725 MT of raw seeds, including hybrids and open-pollinated varieties. Its fully equipped processing facility in Gujarat has a capacity of 7.3 MT per hour, along with ambient storage facilities that can hold up to 2,000 MT.
The company has a network of 1,185 authorised dealers and distributors across Gujarat, Rajasthan, Haryana, and Maharashtra.
The company has observed a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 35.43 crore in FY22 to Rs 46.61 crore in FY23 to Rs 63.71 crore in FY24. PAT increased from Rs 0.58 crore in FY22, to Rs 2.99 crore in FY23 to Rs 4.65 crore in FY24.

Dhanlaxmi Crop Science Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Dhanlaxmi Crop Science IPO

Apply asPrice bandApply upto
Regular52 - 55₹2 Lakh
High Networth Individual52 - 55₹2 - 5 Lakh
For Dhanlaxmi Crop Science IPO, eligible investors can apply as Regular.
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