Dharmaj Crop Guard IPO Review, Date, GMP, Price, Lot Size

Dharmaj Crop Guard IPO – Established in 2015, Dharmaj Crop Guard Ltd is the fastest growing manufacturer and exporter in the Indian agrochemical industry.

Dharmaj Crop Guard Ltd IPO Review - Paisa kaudi
Dharmaj Crop Guard Ltd IPO Review – Paisa kaudi

Key Features of Dharmaj Crop Guard IPO

  • Dharmaj Crop Guard IPO will open on Nov 28, 2022
  • You can apply in this IPO from Nov 28, 2022 to Nov 30, 2022.
  • Issue Price band of the company is 216 to ₹237 per equity share.
  • Dharmaj Crop Guard IPO comprises fresh issue of 9,113,924 equity shares of ₹10 (worth ₹216 Crores) and an offer for sale of approx 1,483,000 shares of ₹10 (worth ₹35.15 Crores) .
  • It has a minimum 60 shares in one lot and you have to spend a minimum of ₹14,220 for 1 lot.
  • Dharmaj Crop Guard is looking to raise ₹251.15 Crores through this IPO.

What is Dharmaj Crop Guard Limited

  • Dharmaj Crop Guard Limited is one of the top agrochemical companies in India.
  • They have products like agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics.
  • The company is engaged in the business of manufacturing, distributing, and marketing of more than 200 products to B2B and B2C customers.
  • The company’s manufacturing facility is located in Ahmedabad and Gujarat.
  • Mr. Rameshbhai Ravajibhai Talavia is the chairman and MD of Dharmaj Crop Guard Limited.
  • The company has been making consistent profits for the last 3 years. Positive sign for investors.

Dharmaj Crop Guard IPO GMP

Grey market is an unregulated market to trade IPO shares before listing. Dharmaj Crop Guard IPO price band is placed at ₹216 to ₹237 , but the grey market premium of this share is currently 27.43% i.e. at ₹65. So the share price of Dharmaj Crop Guard in the grey market is ₹302 (₹237 + ₹65) .

Click here to Get Details IPO Grey Market Premium (GMP) Live

Dharmaj Crop Guard IPO Live Subscription Status

Dharmaj Crop Guard IPO subscribed 35.49 times on it’s final day i.e. on November 30, 2022.

Click here to Get Details IPO Subscription Status Live

Dharmaj Crop Guard IPO Date, Lot Size, Allotment

Dharmaj Crop Guard IPO Details

IPO Start DateNovember 28, 2022
IPO Close DateNovember 30, 2022
Fresh Equity Share Issue9,113,924 Shares of ₹10
(worth ₹216 crores)
Offer for Sale1,483,000 shares of ₹10
(₹35.15 Crores)
Face Value₹10 Per Equity Share
Price Band₹216 – ₹237 Per Equity Share
Retail Quota Share35%
QIB Quota50%
NII (HNI) Quota15%
Listing onNSE & BSE
Employee Discount
DRHPView
Dharmaj Crop Guard IPO – Key points to know before investing

Dharmaj Crop Guard IPO Timetable

IPO Start DateNovember 28, 2022
IPO Close DateNovember 30, 2022
Basis of Share Allotment DateDecember 5, 2022
Refunds DateDecember 6, 2022
Credit of shares to Demat Account DateDecember 6, 2022
Keystone Realtors IPO Listing DateDecember 8, 2022
Dharmaj Crop Guard IPO Timetable – Paisa kaudi

Dharmaj Crop Guard IPO Lot Size

ApplicationLotSharesAmount
Retail (Minimum)160₹ 14,220
Retail (Maximum)14840₹ 1,99,080
S – HNI (Minimum)15900₹2,13,300
B – HNI (Minimum)714,260₹10,09,620
Dharmaj Crop Guard IPO Lot size – Paisa kaudi

Dharmaj Crop Guard Financial Report (2020-2022)

YearRevenueExpensePAT (Profit / Loss After Tax)
2022 (7M)₹228₹20318.67
2022₹396.29₹367.628.69
2021₹304₹275 20.96
2020₹199₹18510.76
Dharmaj Crop Guard Revenue Report (Figures are in Crores)

Dharmaj Crop Guard IPO – Basis of Allotment

  • 50% quota is reserved for the QIB category.
  • 15% quota is reserved for NII Category and
  • 35% quota is reserved for retail investors.

How to Apply in Dharmaj Crop IPO ?

  • You can apply for the Dharmaj Crop Guard IPO through the ASBA facility available in your bank account.
  • Just login to your online banking. Go to the IPO section and apply for Dharmaj Crop Guard IPO.
  • Also you can apply in this IPO through your trading account.
  • One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
  • After downloading forms, fill it properly and submit it to the respective banks or to your broker.

How to apply for the Dharmaj Crop Guard IPO through Zerodha?

  • Login to your console in Zerodha through desktop or app.
  • Then go to your portfolio and click on IPO.
  • You will see Dharmaj Crop Guard IPO
  • Then click on the bid button.
  • After this enter your UPI ID, price and quantity (lot size)
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

How to apply for the Dharmaj Crop Guard IPO through Upstox?

  • Login to your Upstox account through desktop or app.
  • You will see the name Dharmaj Crop Guard IPO.
  • Then hit the bid button.
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

Dharmaj Crop IPO Allotment Status

You can check Keystone Realtors IPO allotment status on Registrar and Transfer Agent Website

Also you can check the allotment status on NSE Website

Other Information in Dharmaj Crop IPO

Dharmaj Crop Guard IPO Promoters

  • Rameshbhai Ravajibhai Talavia
  • Jamankumar Hansarajbhai Talavia
  • Jagdishbhai Ravjibhai Savaliya
  • Vishal Domadia

Dharmaj Crop Guard IPO Lead Managers

  • Elara Capital (India) Private
  • Monarch Networth Capital Ltd

Dharmaj Crop Guard Contact Information

Dharmaj Crop Guard Limited

Plot No. 408 to 411,
Kerala GIDC Estate, Off NH-8, At: Kerala,
Taluka Bavla, Ahmedabad – 382220

Dharmaj Crop Guard IPO Registrar Contact Information

Link Intime India Private Ltd

Paisa kaudi recommendation on Dharmaj Crop Guard IPO

Dharmaj Crop Guard Limited is one of the top agrochemical companies in India. Price range is convincing. Grey market premium is at ₹65. You can invest in this IPO for 10-15% listing gain.

Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.

Dharmaj Crop Guard IPO FAQs

What is Dharmaj Crop Guard IPO?

It is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹251.15 Crores through this IPO. One lot has minimum 60 shares and you have to spend a minimum ₹14,220 for 1 lot.

What is Dharmaj Crop Guard IPO price band?

Keystone Realtors IPO price band is ₹216 to ₹237.

What is the lot size of Dharmaj Crop Guard IPO?

One lot has minimum 60 shares and you have to spend a minimum ₹14,220 for 1 lot. Maximum lot is 14 and you have to spent ₹1,99,080.

What is the investors portion in Dharmaj Crop Guard IPO?

35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.

When Dharmaj Crop Guard IPO will open?

Dharmaj Crop Guard IPO will open on November 28, 2022.

When is the Dharmaj Crop Guard IPO Allotment?

Basis of Allotment for Dharmaj Crop Guard IPO will happen on December 5, 2022 and allotted shares will be deposited in your demat account on December 6, 2022.

When is the Dharmaj Crop Guard IPO Listing Date?

Shares of Dharmaj Crop Guard IPO will list in the market on December 8, 2022.

This covers all the points on Dharmaj Crop Guard IPO. Please write in the comment box if you need any further information on this.

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