| Issue Date | 28 Nov 2022 - 30 Nov 2022 |
| Issue Size | ₹251.15 Cr |
| Issue Price | ₹216-237 |
| Market Lot | 60 Shares |
| Shares on Offer | 10,596,924 |
| Registrar | Link Intime |
| GMP | ₹43-45 |
| Kostak | N/A |
| Subject to Sauda | N/A |
| Listing Date | 08 Dec 2022 |
| Listing Price | N/A |
| Listing Gain% | N/A |
Dharmaj Crop Guard Ltd (DCGL) is the brainchild of highly experienced professionals with an objective of providing innovative products to farmers to maximize their farm output.. The company was founded in 2015 and the success story of the company find it roots with the beginning of production in 2016.
They are an agrochemical company engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations such as insecticides, fungicides, herbicides, plant growth regulator, micro fertilizers and antibiotic to the B2C and B2B customers. We also engage in the marketing and distribution of agrochemical products under brands in-licensed by us, owned by us and through generic brands, to Indian farmers through our distribution network. We provide crop protection solutions to the farmer to assist them to maximize productivity and profitability. We export our products to more than 20 countries in Latin America, East African Countries, Middle East and Far East Asia. We sell our agrochemical products in granules, powder and liquid forms our customers. Additionally, we manufacture and sell general insect and pest control chemicals for Public Health and Animal Health protection.
With an aim to offer a wide product portfolio across the agri-value chain, they continue to expand our product portfolio by introducing new products. We manufacture and sell various formulations of insecticides, fungicide and herbicides, plant growth regulators, micro fertilizers and antibiotics. As on the date of this Draft Red Herring Prospectus, we have obtained 392 registrations for agrochemical formulations from the CIB&RC, out of which 201 agrochemical formulations are for sale in India as well as for export and 191 agrochemical formulations are exclusively for exports. Additionally, we have also applied for registrations of 6 agrochemicals formulations from the CIB&RC, which are pending at various stages.
Rameshbhai Ravajibhai Talavia, Jamankumar Hansarajbhai Talavia, Jagdishbhai Ravjibhai Savaliya and Vishal Domadia are the company promoters.
| Particulars | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 219.54 | 128.87 | 92.58 |
| Total Revenue (In ₹ Millions) | 396.29 | 303.56 | 199.16 |
| Profit After Tax (PAT) (In ₹ Millions) | 28.69 | 20.96 | 10.76 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 30 Nov 2022 | ₹43-45 | N/A | N/A |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 28 Nov 2022 | 0.35 | 1.80 | 2.60 | 1.79 |
| Day 2 - 29 Nov 2022 | 0.76 | 8.74 | 7.75 | 5.97 |
| Day 3 - 30 Nov 2022 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusDharmaj Crop Guard Limited IPO will open on 28 Nov 2022 and close on 30 Nov 2022.
Dharmaj Crop Guard Limited IPO will list on 08 Dec 2022.
The offer price of Dharmaj Crop Guard Limited IPO is ₹216-237.
The lot size of Dharmaj Crop Guard Limited IPO is 60.
The Grey Market Premium (GMP) price of Dharmaj Crop Guard Limited IPO is ₹43-45.
The Kostak price of Dharmaj Crop Guard Limited IPO is Not Available at the moment.
The Subject to Sauda price for Dharmaj Crop Guard Limited IPO is Not Available at the moment.
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