Search icon
TCS, HDFCBANK, SBI Liquid Fund (G)
Dhanlaxmi Crop Science Ltd.

DHANLAXMI

Equity

NSE

Min. Investment

52,000.00

Open a free Demat account and invest in IPOs easily.

Download Orca

Google PlayApp Store

To access realtime data for GP Eco Solutions India Ltd. and use advance features for Applying IPO. Register or Login to Orca.

IPO Details

Bidding Dates

09 Dec 24 - 11 Dec 24

Price Range ₹

52 - 55

Total Equity

23.80Cr

Lot Size

2000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

09 Dec 2024

Offer end

11 Dec 2024

Allotment

12 Dec 2024

Refund initiation

13 Dec 2024

Demat transfer

13 Dec 2024

Listing

16 Dec 2024

About Company

Established in 2005, Dhanlaxmi Crop Science is a seed company focused on leveraging technology to develop, produce, process, and market seeds for a variety of field crops and vegetables. The company combines traditional breeding methods with biotechnological advancements to create hybrid and open-pollinated seed varieties. These seeds are designed to deliver higher yields, improved quality, and enhanced resistance to pests and diseases compared to natural varieties. As of March 31, 2024, the company offers seeds for 24 different crops and vegetables and operates across five Indian states. Cotton seeds remain a significant contributor to the company’s profits, accounting for 76.78%, 71.47%, and 64.73% of operating profit in FY 2024, FY 2023, and FY 2022, respectively. Product Portfolio: Includes seeds for crops and vegetables like Cotton, Wheat, Cumin, Bajra, Maize, Gram, Okra, Green Gram, SSG, Soybean, Milky, Mustard, Groundnut, Black Gram, Guar, Castor, Sesame, Jowar, Coriander, Red Gram, Green Pea, Multifeed, Onion, and more.

Year Founded

28-11-2005

Promotor Details

Kamleshkumar Jayantilal Patel

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage99.4873.11
Share Capital1193730011937300

Offer to Public

43,28,000.00 Cr

Project Details

  • Working Capital Requirements - 200.577cr

Objectives

  • A. To meet Working Capital RequirementsB. To meet the Issue ExpensesC. General Corporate Purposes

Highlights

  • Wide-ranging product portfolio covering 24 crops, enabling market flexibility and growth opportunities
  • Robust R&D expertise blending traditional breeding methods with biotechnology to deliver high-quality seeds
  • Advanced seed processing unit with modern warehouse facilities to enhance operational efficiency.
  • Steady financial growth supported by consistent demand and profitability, especially from cotton seed sales.
  • Well-recognized brand with strong customer loyalty and enduring client partnerships.

Challenges

  • Limited presence, with operations in only five Indian states
  • Exposure to unpredictable weather conditions that can impact crop yields and profits.
  • Heavy reliance on cotton seeds, which account for more than 60% of annual operating profit.
  • Regulatory hurdles in the agriculture sector affecting product approvals and operations.
  • Strong competition from established seed companies and multinational firms.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20232,002.74400.0058.2858.281.0972
20243,496.14900.00465.36465.363.8877
20222,086.33177.5058.2858.281.0972
Enrich money logo