Markets / IPO / Dhanlaxmi Crop Science

Dhanlaxmi Crop Science IPO

Updated 17:57

SME IPO on NSE Emerge · Other Agricultural Products

Status
Listed
Price band
₹52–55
Lot size
2000 shares · ₹1,10,000
Subscribed
–

How it listed

Issue price
₹55
Listing price (open)
₹104.50 +90.00%
First-day close
₹109.70 +99.45%
Price now
₹28.50 -48.18%
Listing day16 Dec 2024
Open / high / low / close₹104.50 / ₹109.70 / ₹104.50 / ₹109.70
Shares traded on NSE16,40,000
Market value at the listing-day close₹179 cr

Closing prices since listing: 22 Oct ₹26.60, 23 Oct ₹27.20, 26 Oct ₹27.00, 27 Oct ₹27.40, 28 Oct ₹27.00, 29 Oct ₹27.00, 30 Oct ₹27.50, 2 Nov ₹27.75, 4 Nov ₹27.75, 5 Nov ₹28.50.

Dhanlaxmi Crop Science share price, live chart and technicals →

Key dates

Bidding opens9 Dec 2024
Bidding closes11 Dec 2024
Allotment12 Dec 2024
Refunds and shares in demat13 Dec 2024
Listing16 Dec 2024

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)12,000₹1,10,000
HNI (minimum)24,000₹2,20,000

At ₹55 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)15,25,82,000
HNI / NII81,69,74,000
Retail67,14,72,000
Total1,64,10,28,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 11 Dec 2024 18:15.

Applications from individual investors

3,52,396 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹5511,875.58 lakh shares72.4%
Cut-off final price, whatever it is; mostly retail4,525.90 lakh shares27.6%
Lower prices ₹52–548.80 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date6 Dec 2024
Anchor shares11,58,000
Raised from anchors₹6.37 cr
Lock-in ends for the first 50% (30 days)10 Jan 2025
Lock-in ends for the remaining 50% (90 days)11 Mar 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹90 cr₹47 cr
P/E (last 12 months' profit)––
Revenue, last 12 months₹38 cr
Profit, last 12 months₹-0 cr
Return on equity-1.1%
Debt to equity0.23

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Other Agricultural Products

CompanyListedSubscribedOn listingSince IPO
NFP Sampoorna Foods SME25 May–-0.91%-65.55%
Shreeji Global FMCG SME12 Nov–-20.00%+73.08%
TruAlt Bioenergy 3 Oct71.92×+9.96%-28.78%
Regaal Resources 20 Aug159.88×+38.24%-12.88%
Sawaliya Food Products SME14 Aug–+90.00%+48.38%

IPO details

Price band₹52–55
Final issue price₹55
Lot size2000 shares
Minimum investment₹1,10,000 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryOther Agricultural Products
Issue size₹23.80 crore (about 43.28 lakh shares) · Fresh issue only
ISININE0V9V01010
RegistrarBigshare Services Private Limited
Helpline: 6263 8200, ipo@bigshareonline.com
Lead managersFinshore Management Services Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 12 Dec 2024. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Dhanlaxmi Crop Science IPO price band and lot size?

The price band is ₹52–55 per share, and one lot is 2000 shares (₹1,10,000 at the upper price).

When is the Dhanlaxmi Crop Science IPO allotment date?

Allotment was finalised on 12 Dec 2024, the next working day after bidding closed on 11 Dec 2024.

How many times was the Dhanlaxmi Crop Science IPO subscribed?

Subscription figures are not available yet.

What is the Dhanlaxmi Crop Science IPO listing date?

It listed on 16 Dec 2024 on NSE Emerge (SME).

When does the Dhanlaxmi Crop Science anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 10 Jan 2025 and the 90-day lock-in on the rest ends on 11 Mar 2025; they can sell from the next trading day.

What was the Dhanlaxmi Crop Science listing gain?

It opened at ₹104.50 against an issue price of ₹55, a gain of 90.00%. It is now down 48.18% from the issue price.