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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%

Subscription Status

38.94xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB52.90x
🔥 Blockbuster Sizzling Demand!Offered: 20,45,155 sh
Nib57.37x
🔥 Blockbuster Sizzling Demand!Offered: 15,62,309 sh
Hnis(10l +)58.12x
🔥 Blockbuster Sizzling Demand!Offered: 10,41,539 sh
Hnis (2-10l)55.87x
🔥 Blockbuster Sizzling Demand!Offered: 5,20,770 sh
Retail23.62x
Hot Bidding (High Profits)Offered: 36,45,387 sh
Employees8.21x
Popular / Warm DemandOffered: 50,127 sh
CategoryOfferedAppliedTimes
QIB20,45,15510,81,90,14052.9x
Nib15,62,3098,96,31,42057.37x
Hnis(10l +)10,41,5396,05,34,66058.12x
Hnis (2-10l)5,20,7702,90,96,76055.87x
Retail36,45,3878,61,18,60023.62x
Employees50,1274,11,6608.21x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB2,564.1148.4752.90x
Retail2,041.0186.423.62x
Hnis 2+689.5912.3455.88x
Hnis 10+1,434.6724.6858.13x
Employees9.761.198.20x
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About Dharmaj Crop Guard IPO Subscription Demand

Live subscription status and bidding analysis for Dharmaj Crop Guard (DHARMAJ) IPO. The issue is subscribed 38.94x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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