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Dharmaj Crop Guard Limited

Incorporated in 2015, Dharmaj Crop Guard Limited is an agrochemical company engaged in manufacturing, distributing, and marketing a wide range of products including insecticides, fungicides, herbicides, plant growth regulators, micro-fertilizers, and antibiotics for B2B and B2C customers. The company provides crop protection solutions to help farmers maximize productivity and profitability and exports its products to over 20 countries across Latin America, East Africa, the Middle East, and Far East Asia. As of November 2021, Dharmaj Crop Guard had more than 196 institutional products sold to over 600 customers in India and abroad, with branded products distributed through a network of 3,700 dealers across 12 states and supported by eight stock depots. The company’s manufacturing facility and R&D centre are located in Ahmedabad, Gujarat, and its revenue from operations for Fiscals 2019, 2020, and 2021, and the seven months ended October 31, 2021, were Rs 1,393.56 million, Rs 1,982.22 million, Rs 3,024.10 million, and Rs 2,272.62 million, respectively.

₹216 - ₹23735.49x sub
Listed Price266.05
Listing Gain+12.26%
TimelineBookbuilding IPO
Open28 Nov 2022
Close30 Nov 2022
Allotment05 Dec 2022
Listing08 Dec 2022

Quota Reservation Portions

QIBPortion: 52,70,961 shares
49.74%
Nii (hni)Portion: 15,81,289 shares
14.92%
RetailPortion: 36,89,674 shares
34.82%
EmployeePortion: 55,000 shares
0.52%

Minimum Application Bracket Matrix

Retail1 lots / 60 shares
₹14,220
sHNI15 lots / 900 shares
₹2,13,300
bHNI71 lots / 4,260 shares
₹10,09,620

About the Company

Incorporated in 2015, Dharmaj Crop Guard Limited is an agrochemical company engaged in manufacturing, distributing, and marketing a wide range of products including insecticides, fungicides, herbicides, plant growth regulators, micro-fertilizers, and antibiotics for B2B and B2C customers. The company provides crop protection solutions to help farmers maximize productivity and profitability and exports its products to over 20 countries across Latin America, East Africa, the Middle East, and Far East Asia. As of November 2021, Dharmaj Crop Guard had more than 196 institutional products sold to over 600 customers in India and abroad, with branded products distributed through a network of 3,700 dealers across 12 states and supported by eight stock depots. The company’s manufacturing facility and R&D centre are located in Ahmedabad, Gujarat, and its revenue from operations for Fiscals 2019, 2020, and 2021, and the seven months ended October 31, 2021, were Rs 1,393.56 million, Rs 1,982.22 million, Rs 3,024.10 million, and Rs 2,272.62 million, respectively.

Company Promoters

Rameshbhai Ravajibhai TalaviaJamankumar Hansarajbhai TalaviaJagdishbhai Ravjibhai SavaliyaVishal Domadia
Dharmaj Crop Guard Limited IPO Details | GMP, Allotment & Financials | IPO Trending