Everything you need to know about Dharmaj Crop Guard Limited IPO

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 :point_down:

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

How do I apply for Dharmaj Crop Guard Limited IPO?

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.

Where do I check the allotment status for Dharmaj Crop Guard Limited IPO?

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.