Dharmaj Crop Guard Limited IPO GMP: The grey market for the Dharmaraj Crop Guard IPO held steady on Thursday as it traded in a constrained range. If we have a look at the Dharmaj Crop Guard IPO GMP, the drop in the dollar index has given global equity markets a new outlook. It should be emphasized, however, that stock market experts have recommended auction participants rely on the company’s financials rather than on GMPs. As you are aware, Dharmaj Crop Guard’s initial public offering (IPO) GMP under GMP is an unregulated figure, and the company has no connection to its fundamentals.
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Dharmaj Crop Guard Limited IPO
This article contains information about the Dharmaj Crop Guard IPO’s GMP, price, subscription, status, and lot size. The Dharmaj Crop Guard’s initial public offering (IPO) will start on November 28 and end on November 30, 2022. The Dharmaj Crop Guard Initial Public Offering’s bidding will begin at 10:00 AM on November 28, 2022, and end at 5:00 PM (30th November 2022). The Dharmaj Crop Guard IPO price range has been set at INR 216 to 237 per share.
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Dharmaj Crop Guard Limited IPO Overview
| Opening date | Nov 28, 2022 |
| Closing date | Nov 30, 2022 |
| Lot size | 60 Shares |
| IPO amount | ₹237 |
| Price range | ₹251.15 Cr |
| Allotment Date | Dec 5, 2022 |
| Refunds date | Dec 6, 2022 |
| Shares crediting date | Dec 6, 2022 |
| Listing date | Dec 8, 2022 |
Dharmaj Crop Guard Limited IPO Review
Agrochemical firm The Dharmaj Crop Guard Limited was founded in 2015. The business creates, offers for sale, and promotes agrochemical compositions. Fungicides, herbicides, insecticides, micro fertilizers, antibiotics for both B2B and B2C clients, and plant growth regulators are among the agrochemical formulations. Additionally, it offers farmers crop protection options to boost production and profitability. This business offers its services not just in India but also in some other nations. More than 20 East African nations, Middle Eastern nations, and Latin American nations are among the destinations for its exports.
Up to November 30th, 2021, The Dharmaj Crop Guard Limited supplied more than 196 institutional goods to over 600 Indian and international customers. The company’s production division is based in Ahmedabad, Gujarat, India. Its manufacturing department houses its R&D (Research and Development) facility as well.
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Dharmaj Crop Guard Limited IPO Price
By November 30th, 2021, Dharmaj Crop Guard Limited had a network of sales representatives selling its goods in 12 states. More than 3,700 dealers are covered by this network, and they have access to eight stock depots across India. The seven-month operational period for Fiscals 2019, 2020, and 2021 ended on October 31, 2021. 2019’s fiscal year brought in a sum of INR 1,393.56 million. The entire revenue for the Fiscal Year 2020 was INR 1,982.22 million. The entire revenue for the Fiscal Year 2021 was INR 3,024.10 million. The remaining seven months’ revenue will equal INR 2,272.62 million.
Dharmaj Crop Guard Limited IPO GMP Value
Both a new equity share issue for INR 216 and an OFS (offer-for-sale) by the company’s shareholders totaling up to INR 14.83 lakh are included in the Dharmaj Crop Guard IPO. The funds raised from the new issuance will be put to use for general corporate purposes, loan repayment or prepayment, working capital needs, and capital expenditures for the company’s manufacturing division in Saykha, Bharuch, Gujarat.
Dharmaj Crop Guard Limited IPO Allotment Status
Market analysts claim that the Dharmaj Crop Guard shares can be purchased on the black market for INR 58 at a premium (GMP) price. On December 8, 2022, a Thursday, the company’s shares are most likely to list on the BSE and NSE stock exchanges.
Dharmaj Crop Guard Limited IPO GMP Lot Size
The Dharmaj Crop Guard IPO’s lot size is 60 Shares. Up to 14 lots (840 Shares), or INR 199,080, may be used by one retail investor. The table below is a detailed listing of the Dharmaj Crop Guard IPO Lot Size.
How to apply for Dharmaj Crop Guard Limited IPO GMP?
Following are the steps you need to follow:
- You need to start by visiting the stock exchange’s official website.
- When you arrive at the Bombay Stock Exchange homepage, you must select the Equity link.
- You must select the Dharmaj Crop Guard option here.
- After that, you must enter your application number and PAN information to discover How to check Dharmaj Crop Guard IPO GMP on BSE Website.
- You may now access detailed information on the number of shares you have subscribed for and the number of shares allotted by selecting the search option and entering all of your information.
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Frequently asked questions
To verify Dharmaj Crop Guard IPO GMP, follow the instructions above and visit the company’s official website.
You will mostly require an application number and a PAN number to check the Dharmaj Crop Guard IPO GMP.