
Agriculture & Chemicals · NSE
Dhanlaxmi Crop Science, incorporated in 2005, is a technology-driven seeds company specializing in the development, production, processing, and sale of seeds for 24 field crops and vegetables. Combining traditional breeding methods with advanced biotechnology, the company produces hybrid and open-pollinated variety seeds with higher yields, improved quality, and enhanced pest and disease resistance. Operating across five Indian states, it is a leading player in cotton seeds, which contributed 76.78%, 71.47%, and 64.73% of its revenue in FY 2024, 2023, and 2022, respectively. Its diverse portfolio includes seeds for cotton, wheat, cumin, bajra, maize, gram, okra, green gram, soybean, mustard, groundnut, jowar, onion, and more. As of December 2, 2024, Dhanlaxmi Crop Science employed 56 individuals, supporting its mission to provide innovative and high-quality agricultural solutions.
Price Band
₹52 – ₹55
Issue Size
₹23.80 Cr
Lot Size
2000 shares
GMP
+90.9%
Est. Listing
₹105
at current GMP
Subscribed
567.96x
overall
Open
9 Dec 2024
Close
11 Dec 2024
Allotment
12 Dec 2024
Refund
13 Dec 2024
Demat Credit
14 Dec 2024
Listing
16 Dec 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
12 Dec 2024
Basis finalization
Refunds Initiate
13 Dec 2024
Mandate release
Demat Credit
14 Dec 2024
Shares in demat
Listing Debut
16 Dec 2024
Trading begins
Dhanlaxmi Crop Science Limited is bringing an initial public offering (IPO) in the Agriculture & Chemicals sector with an aggregate issue size of ₹23.8 Crores. The shares are offered at a price band of ₹52 to ₹55 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-12-11, the basis of allotment is scheduled to be finalized on 2024-12-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.