IPO Trending
DHARMAJEQ / NSE, BSEListed
Dharmaj Crop Guard

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 - ₹23738.94x sub
Listed Price₹266.05
Listing Gain+12.26%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Nov 2022
Close30 Nov 2022
Allotment05 Dec 2022
Listing08 Dec 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB52,70,961 shares
49.74%
Nii (hni)15,81,289 shares
14.92%
Retail36,89,674 shares
34.82%
Employee55,000 shares
0.52%

Minimum Application Lots

Retail1 Lot (60 shares)
₹14,220
sHNI15 Lots (900 shares)
₹2,13,300
bHNI71 Lots (4,260 shares)
₹10,09,620

Company Promoters

Rameshbhai Ravajibhai TalaviaJamankumar Hansarajbhai TalaviaJagdishbhai Ravjibhai SavaliyaVishal Domadia

Company Background

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 maximiz...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹139.95 Cr
Growth-36.7%
Revenue Trend (₹ in Crores)
0.0151.9303.8455.7Jul-22Mar-22Mar-21Mar-20Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-19139.955.0247.6620.35
Mar-20199.1610.7692.5820.18
Mar-21303.5620.96128.8726.92
Mar-22396.2928.69219.5436.93
Jul-22221.1718.36305.7651.56

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
05 Dec 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
08 Dec 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Dharmaj Crop Guard. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Dec 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Dec 2022Trading commences on exchange

How to Check Dharmaj Crop Guard Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Dharmaj Crop Guard from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Dharmaj Crop Guard IPO

Complete issue overview for Dharmaj Crop Guard (DHARMAJ) IPO. The issue features an equity share price band of ₹216 – ₹237 per share with a minimum retail lot size of 60 Shares (minimum application amount of ₹14,220). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions