Dharmaj Crop Guard IPO subscription is to open on Nov 28, 2022 and will close on Nov 30, 2022, the price band of the Dharmaj Crop Guard IPO is fixed at ₹ ₹ 216 – ₹ 237. Dharmaj Crop Guard is an agrochemical company engaged in manufacturing, distributing, and marketing 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.
- About Dharmaj Crop Guard
- Objects of the Issue
- Dharmaj Crop Guard Limited Financials:
- Dharmaj Crop IPO Price Details
- Dharmaj Crop IPO DRHP & RHP
- Dharmaj Crop IPO Lot Size
- Dharmaj Crop IPO Lead Managers
- Dharmaj Crop IPO Registrar
- Dharmaj Crop IPO Allotment Date, Listing Date and other Important Dates
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Dharmaj Crop Guard IPO – FAQS
About Dharmaj Crop Guard
Dharmaj Crop Guard is 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. The company also engage in the marketing and distribution of agrochemical products under brands in-licensed by Dharmaj Crop Guard, owned by the company and through generic brands, to Indian farmers through the distribution network.
Dharmaj Crop Guard provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. The company export the products to more than 25 countries in Latin America, East African Countries, Middle East and Far East Asia. The company sell the agrochemical products in granules, powder and liquid forms the customers. Additionally, the company manufacture and sell general insect and pest control chemicals for Public Health and Animal Health protection.
Objects of the Issue
- Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat;
- Funding incremental working capital requirements of the Company;
- Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company; and
- General corporate purposes.
Dharmaj Crop Guard Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 2,195.45 | 1,288.70 | 925.83 |
| Total income | 3,962.88 | 3,035.65 | 1,991.65 |
| Total Expenses | 3,577.57 | 2,753.73 | 1,847.03 |
| Profit After Tax | 286.90 | 209.60 | 107.59 |
Dharmaj Crop IPO Price Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 10,596,924 Equity Shares of ₹ 10 (aggregating up to ₹ 2,160 million) |
| Issue Open Date | 28-Nov-22 |
| Issue Close Date | 30-Nov-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 216 – ₹ 237 |
| Face Value | ₹ 10 |
| Market Lot | 60 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 60 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | DHARMAJ |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Dharmaj Crop IPO DRHP & RHP
Dharmaj Crop IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 60 | ₹ 14,220 |
| Maximum | 14 | 840 | ₹ 1,99,080 |
Dharmaj Crop IPO Lead Managers
- Elara Capital (India) Private Limited
- Monarch Networth Capital Limited
Dharmaj Crop IPO Registrar
Dharmaj Crop IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Nov-22 |
| Bid / Offer Closes on | 30-Nov-22 |
| Finalisation of Basis of Allotment | 05-Dec-22 |
| Initiation of refunds | 06-Dec-22 |
| Credit of the Equity Shares | 06-Dec-22 |
| Listing Date | 08-Dec-22 |
Company Corporate Office
Office No. 901 to 903 and 911,
B-square 2, Iscon Ambli Road,
Ahmedabad – 380 058,
Gujarat, India
Website: www.dharmajcrop.com
Company Registered Office
Plot No. 408 to 411,
Kerala GIDC Estate,
Off NH-8, At: Kerala,
Taluka Bavla,
Ahmedabad – 382 220,
Gujarat, India
Company Promoters
- Rameshbhai Ravajibhai Talavia
- Jamankumar Hansarajbhai Talavia
- Jagdishbhai Ravjibhai Savaliya
- Vishal Domadia
Dharmaj Crop Guard IPO – FAQS
What is the Dharmaj Crop IPO Price?
The Dharmaj Crop IPO price band is ₹ 216 – ₹ 237 per share
When Dharmaj Crop IPO will open?
The Dharmaj Crop IPO opens on Nov 28, 2022 and closes on Nov 30, 2022
What is the lot size of Dharmaj Crop Guard IPO?
The Dharmaj Crop Guard IPO lot size is 60 Equity Shares and the minimum order quantity is 60 Equity Shares
Who is the Registrar for Dharmaj Crop Guard IPO?
The Registrar for Dharmaj Crop Guard IPO is Link Intime India Private Limited
How to apply in Dharmaj Crop Guard IPO through UPI?
Check the step by step process here – Click here
How to apply in Dharmaj Crop Guard IPO through Zerodha?
Check the step by step process here – Click here
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