Dharmaj Crop Guard Limited, Incorporated in 2015, is an agrochemical company manufacturing, distributing and marketing agrochemical formulations to the B2C and B2B customers.
It markets and distributes agrochemical products under brands in-licensed by it, owned by it and through generic brands to Indian farmers. It exports to more than 25 countries in Latin America, East African Countries, Middle East and Far East Asia.
It also manufactures and sells general insect and pest control chemicals for Public Health and Animal Health protection.
It has an extensive, pan-India distribution network comprising 4362 dealers across 17 states as of September 30, 2022.
It plans to use the funds raised in the IPO to set up a new manufacturing facility in Gujarat, repayment of debts,working capital requirements along with other general corporate expenses.
Financial Snapshot (Rs in Cr)
|Period Ended||Total revenue||EBITDA||PAT||Total Assets||EPS|
|July 31, 2022||199.16||26.85||18.36||305.76||7.44|
|March 31, 2022||303.56||46.19||28.69||219.54||11.62|
|March 31, 2021||396.29||32.04||20.96||128.87||12.74|
|March 31, 2020||221.17||18.58||10.76||92.58||8.62|
For more information, you can check the IPO Prospectus filed by the company
Important information regarding the IPO
|Issue Period||28th November -30th November 2022|
|Price Band||₹ 216-237|
|Minimum Bid Quantity||60 and multiples thereof|
|Face Value||₹ 10|
|Number of Shares||10,596,924 shares|
|Issue size||₹ 251.15 Cr|
|Date of Allotment||5th December, 2022|
|Initiation of Refund||6th December, 2022|
|Credit of shares||7th December, 2022|
|Date of Listing||8th December, 2022|
|Mandate end date||15th December, 2022|
|Anchor Investors Lock-in End Date||30th December, 2022|
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
You can check the allotment status on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website.