The Dharmaj Crop Guard IPO Subscription Status has started 28 November 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Dharmaj Crop Guard IPO has opened on 28 November 2022 and closes on 30 November 2022. Which will be subscribed by 30 November 2022. Dharmaj Crop Guard IPO is preparing to raise ₹251.15 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹216.00 Crores and Offer Sale of ₹35.15 Crores. and Dharmaj Crop Guard IPO Price Band is Fixed ₹216 to ₹237 per share. Check Dharmaj Crop Guard IPO GMP Here.
Dharmaj Crop Guard Limited is agrochemical company. The company engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations such as insecticides, fungicides, herbicides, plant growth regulator, micro fertilizers and antibiotic to the B2C and B2B customers.
The company also engaged in the marketing and distribution of agrochemical products under brands in-licensed by us, owned by us and through generic brands, to Indian farmers through our distribution network. The company provide crop protection solutions to the farmer to assist them to maximize productivity and profitability. You can check to know Dharmaj Crop Guard IPO subscription status here.
Dharmaj Crop Guard IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Dharmaj Crop Guard IPO Subscription Status, you can see the below-day Subscription. You can check to know Dharmaj Crop Guard IPO Allotment status here.
Dharmaj Crop Guard IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹28.69 Cr (March 2022) |
| Issue Price : | ₹237/ EQ (Cut Off) |
| EPS 2022 : | ₹11.62 (March 2022) |
| PE Ratio : | 20.39 (PE Approx) |
| RoNW : | 34.64% (March 2022) |
| NAV Value : | ₹33.55 (March 2022) |
| Total Assets : | ₹305.76 Cr (June 2022) |
| Market Cap : | ₹585.00 Cr Approx |
| Promoter Holding : | 100.00% Pre Issue 73.03% Post Issue |
| Team Review : | ● The company leading player in agrochemicals having B2C and B2B customers. ● The company PE ratio is very Attractive. ● The company financial performance very strong. ● The issue appears to be priced fairly based on FY23 earnings. ● The company promoter stake will decrease but will hold 73.03% stake after issue which is very good. ✔ Apply For Long Term |
Dharmaj Crop Guard IPO Subscription Status {Live Update} :
The total Dharmaj Crop Guard IPO Subscription Status subscribed 35.49x times so far, with QIB subscribed 48.21x and NII subscribed 52.29x times & RII 21.53x times and EMP 7.48x times on Day 3. {Update Time : 30 Nov 2022 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.35x | 0.76x | 48.21x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 1.80x ______ 1.50x 2.40x | 8.74x ______ 7.68x 10.85x | 52.29x ______ 52.97x 50.92x |
| RII : | 2.60x | 7.75x | 21.53x |
| EMP : | 1.77x | 3.75x | 7.48x |
| Total : | 1.79x | 5.97x | 35.49x |
Dharmaj Crop Guard IPO Net Shares Offered:
Dharmaj Crop Guard IPO is a public issue of 21,269,714 equity shares. The issue offers 22,43,990 shares to qualified institutional buyers, 17,14,200 shares to non-institutional investors, and 39,99,800 shares to retail investors and EMP for 55,000 shares.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 22,43,990 | 53.18 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 17,14,200 ______________ 11,42,800 5,71,400 | 40.63 Cr _______ 27.08 Cr 13.54 Cr |
| RII : | 39,99,800 | 94.80 Cr |
| EMP : | 55,000 | 1.30 Cr |
| Total : | 80,12,990 | 189.91 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Dharmaj Crop Guard IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 28 November 2022 |
| IPO Close : | 30 November 2022 |
| IPO Size : | ₹251.15. Cr {10,596,924 Sharse} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹216–₹237 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹251.15 Cr {10,596,924 Sharse} |
| Fresh Issue : | ₹216.00 Cr {9,113,924 Shares} |
| Offer For Sale : | ₹35.15 Cr {14,83,000 Shares} |
| EMP : | ₹1.30 Cr {55,000 Shares} |
Dharmaj Crop Guard IPO Market Lot :
Dharmaj Crop Guard IPO Minimum Market lot is 1 Lot with 60 shares with ₹14,220 Application amount. The retail investors can apply up to 14 lots with 840 Shares or ₹199,080 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 60 | ₹14,220 |
| Retail Maximum : | 14 | 840 | ₹199,080 |
| S-HNI Minimum : | 15 | 900 | ₹213,300 |
| B-HNI Minimum : | 71 | 4260 | ₹10,09,620 |
Dharmaj Crop Guard IPO Subscription Status FAQs :
How much was the total Dharmaj Crop Guard IPO Subscription Status?
The total Dharmaj Crop Guard IPO Subscription Status 35.49x times Day 3.
What is the Dharmaj Crop Guard IPO retail subscription Status?
Dharmaj Crop Guard IPO Retail Subscription 21.53x times Day 3.
How much is the Dharmaj Crop Guard IPO QIB subscription Status?
The Dharmaj Crop Guard IPO QIB subscription 48.21x times Day 3.
How much did Dharmaj Crop Guard IPO NII subscribe?
Dharmaj Crop Guard IPO NII Subscription 52.29x times Day 3.
What is Dharmaj Crop Guard IPO Allotment Date?
Dharmaj Crop Guard IPO allotment date is 05 December 2022.
What is Dharmaj Crop Guard IPO Listing Date?
Dharmaj Crop Guard IPO listing date is 08 December 2022. The IPO to list on BSE and NSE.
How to Apply the Dharmaj Crop Guard IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Dharmaj Crop Guard IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Dharmaj Crop Guard IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Dharmaj Crop Guard IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Dharmaj Crop Guard IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Dharmaj Crop Guard IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Dharmaj Crop Guard IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Dharmaj Crop Guard IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Dharmaj Crop Guard IPO GMP: Click Here Dharmaj Crop Guard IPO Details: Click Here Dharmaj Crop Guard IPO Allotment: Click Here Dharmaj Crop Guard IPO Listing: Click Here |
All Dharmaj Crop Guard IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.