HomeIPODharmaj Crop Guard IPO Details

Dharmaj Crop Guard IPO Details

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GMPSubscription StatusAllotment StatusListing Date

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.

Dharmaj IPO

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

DescriptionIPO Details
Public IssueInitial Public Issue of upto 10,596,924 Equity Shares of ₹ 10 (aggregating up to ₹ 2,160 million)
Issue Open  Date28-Nov-22
Issue Close Date30-Nov-22
Issue TypeBook 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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolDHARMAJ
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Dharmaj Crop IPO DRHP & RHP

Dharmaj Crop IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum160₹ 14,220
Maximum14840₹ 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

DetailsDate
Bid / Offer Opens on28-Nov-22
Bid / Offer Closes on30-Nov-22
Finalisation of Basis of Allotment05-Dec-22
Initiation of refunds 06-Dec-22
Credit of the Equity Shares06-Dec-22
Listing Date08-Dec-22

Company Corporate Office

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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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