
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
Overall Subscription
567.96x
Total Demand
QIB Multiplier
197.65x
Institutions & Funds
NII / HNI
1245.06x
High Net-Worth
Retail (RII)
463.07x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 772,000 | 152,582,000 | 197.65x |
| NIB | 658,000 | 819,250,000 | 1245.06x |
| RETAIL | 1,522,000 | 704,792,000 | 463.07x |
| Total | 2,952,000 | 1,676,624,000 | 567.96x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 103 | 0.00x |
| NIB | — | 27,935 | 0.00x |
| RETAIL | — | 352,396 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Dhanlaxmi Crop Science Limited IPO is ₹50 per equity share. Based on the upper price band of ₹52 to ₹55 per equity share, the estimated listing price is ₹105 (+90.9% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹50, the expected profit per application lot is approx ₹1,00,000 (+90.9% gain). Minimum application cost is approx ₹1,10,000.
The Dhanlaxmi Crop Science Limited IPO aggregate issue size is ₹23.8 Crores with an equity price band set at ₹52 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 567.96x (Retail: 463.07x, QIB: 197.65x, NII: 1245.06x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-12-12. Investors can verify status using PAN card or application number.
Dhanlaxmi Crop Science Limited shares are scheduled to list on NSE on 2024-12-16.