| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹23.80 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹23.80 Cr |
| Fresh Issue | ₹22.61 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน52.00-55.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | DHANLAXMI |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2005, Dhanlaxmi Crop Science is a technology-driven seeds company that develops, produces, processes, and sells seeds for various field crops and vegetables.
The company integrates traditional breeding techniques with biotechnological tools and strives to produce hybrid and open-pollinated varieties of field crops and vegetable seeds that offer higher yields, better product quality, and a higher level of tolerance to pests and diseases compared to naturally occurring varieties.
As of March 31, 2024, the company produced seeds for 24 different crops and vegetables and operated in 5 states in India. The sale of cotton seeds accounts for the major portion of the operating profit and contributed 76.78%, 71.47%, and 64.73% to the operating profit in FY 2024, FY 2023, and FY 2022, respectively.
The Products Portfolio: Field crop and vegetable seeds for Cotton, Wheat, Cumin, Bajra, Maize, Gram, Okra, Green Gram, SSG, Soyabean, Milky, Mustard, Groundnut, Black Gram, Guar, Castor, Sesame, Jowar, Coriander, Red Gram, Green Pea, Multifeed, Onion etc.&
Their Competitive Strenght:
As of December 2, 2024, the company has 56 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 20.06 |
| 2 | Issue Related Expenses | 2.25 |
| 3 | General Corporate Expense | 1.50 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 51.38 | 34.96 | 20.03 | 20.86 |
| Total Income | 119.96 | 63.75 | 46.64 | 35.43 |
| Profit After Tax | 8.21 | 4.65 | 3.00 | 0.58 |
| NET Worth | 24.32 | 16.12 | 11.40 | 6.17 |
| Reserves and Surplus | 12.32 | 7.12 | 7.40 | 4.40 |
| Total Borrowing | 7.69 | 1.04 | 2.58 | 9.13 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 33.82% |
| ROCE | 39.07% |
| Debt / Equity | 0.06% |
| RoNW | 28.87% |
| PAT Margin | 7.30% |
| Price to Book Value | 3.07 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.88 | 10.05 |
| P/E (x) | 14.18 | 5.47 |
| Promoter Holding | 99.48% | 73.11% |
| Market Cap | โน89.80 Cr. | |