Last updated on December 8, 2022
Dharmaj Crop Guard IPO description – The agrochemical company is engaged in manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.
The company also provides crop protection solutions to farmers to assist them to maximize productivity and profitability. It exports products to over 25 countries in Latin America, East African Countries, the Middle East and Far East Asia.
The company has over 150 trademark registrations including its branded products. As of August 31, 2022, it had over 118 branded formulations that are sold to farmers, and it had more than 219 institutional products that are sold to more than 600 customers based in
India and in the international markets.
Its manufacturing facility is located in Ahmedabad, Gujarat, India. Dharmaj Crop Guard Limited also has a research and development (“R&D”) centre at the manufacturing facility.
Promoters of Dharmaj Crop Guard Industries – Rameshbhai Ravajibhai Talavia, Jamankumar Hansarajbhai Talavia, Jagdishbhai Ravjibhai Savaliya and Vishal Domadia
Dharmaj Crop Guard IPO Details
| Dharmaj Crop Guard IPO Dates | 28 – 30 November 2022 |
| Dharmaj Crop Guard IPO Price | INR 216 – 237 per share |
| Fresh issue | INR 216 crore |
| Offer For Sale | 1,483,000 shares (INR 32.03 – 35.15 crore) |
| Total IPO size | INR 248.03 – 251.15 crore |
| Minimum bid (lot size) | 60 shares (INR 14,220) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Dharmaj Crop Guard Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 199.2 | 303.6 | 396.3 |
| Expenses | 184.7 | 275.4 | 357.8 |
| Net income | 10.7 | 20.9 | 28.7 |
| Margin (%) | 5.4 | 6.9 | 7.2 |
Dharmaj Crop Guard IPO News & Resources
Dharmaj Crop Guard Valuations & Margins
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| EPS | 5.02 | 8.62 | 12.74 | 11.62 |
| PE ratio | – | – | – | 18.59 – 20.40 |
| RONW (%) | 48.03 | 30.55 | 37.33 | 34.64 |
| NAV | 6.97 | 18.82 | 22.75 | 33.55 |
| ROCE (%) | 28.25 | 28.76 | 34.50 | 32.87 |
| EBITDA (%) | 7.90 | 9.37 | 10.59 | 11.72 |
| Debt/Equity | 1.93 | 0.57 | 0.48 | 0.43 |
Dharmaj Crop Guard IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 7 Dec 2022 | 50 | – | – |
| 6 Dec 2022 | 50 | – | – |
| 5 Dec 2022 | 50 | – | 600 |
| 3 Dec 2022 | 50 | – | 600 |
| 2 Dec 2022 | 50 | – | 600 |
| 1 Dec 2022 | 50 | – | 700 |
| 30 Nov 2022 | 50 | – | 700 |
| 29 Nov 2022 | 60 | – | 800 |
| 28 Nov 2022 | 70 | – | 900 |
| 25 Nov 2022 | 40 | – | 500 |
| 24 Nov 2022 | 40 | – | 500 |
| 23 Nov 2022 | 20 | – | – |
Dharmaj Crop Guard IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
| Shares Offered | 2,243,990 | 1,714,200 | 3,999,800 | 55,000 | 8,012,990 |
| 30 Nov 2022 | 48.21 | 52.29 | 21.53 | 7.48 | 35.49 |
| 29 Nov 2022 | 0.76 | 8.74 | 7.75 | 3.75 | 5.97 |
| 28 Nov 2022 | 0.35 | 1.80 | 2.60 | 1.77 | 1.79 |
Dharmaj Crop Guard IPO Reviews – Subscribe or Avoid?
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Dharmaj Crop Guard Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
Dharmaj Crop Guard Contact Details
DHARMAJ CROP GUARD LIMITED
Office No. 901 to 903 and 911
B-square 2, Iscon Ambli Road
Ahmedabad – 380 058, Gujarat
Phone: +91-79-29603735
E-mail: [email protected]
Website: www.dharmajcrop.com
Dharmaj Crop Guard IPO Allotment Status
Dharmaj Crop Guard IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Dharmaj Crop Guard IPO Dates & Listing Performance
| Dharmaj Crop Guard IPO Opening Date | 28 November 2022 |
| Dharmaj Crop Guard IPO Closing Date | 30 November 2022 |
| Finalisation of Basis of Allotment | 5 December 2022 |
| Initiation of Refunds | 6 December 2022 |
| Transfer of Shares to Demat Accounts | 6 December 2022 |
| Dharmaj Crop Guard IPO Listing Date | 8 December 2022 |
| Opening Price on NSE | INR 266.05 per share (up 12.26%) |
| Closing Price on NSE | INR 266.30 per share (up 12.36%) |
Dharmaj Crop Guard IPO FAQs
How many shares in Dharmaj Crop Guard IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Dharmaj Crop Guard Public Offer?
The best way to apply in Dharmaj Crop Guard public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Dharmaj Crop Guard IPO GMP today?
Dharmaj Crop Guard IPO GMP today is INR 50 per share.
What is Dharmaj Crop Guard kostak rate today?
Dharmaj Crop Guard kostak rate today is NA per application.
What is Dharmaj Crop Guard Subject to Sauda rate today?
Dharmaj Crop Guard Subject to Sauda rate today is NA per application.
