31 Mar 2019
Assets47.66
Total Income139.95
Profit After Tax5.02
NET Worth10.46
Reserves and Surplus0.00
Total Borrowing20.35
At a glance
Updated 2026-08-23The shares listed at ₹266.05, a 12.26% move from the issue price. Dharmaj Crop Guard is a Mainboard IPO with an issue size of ₹251.09 crore, proposed for listing on BSE, NSE. The offer opens on 28th Nov 2022 and closes on 30th Nov 2022. The issue structure includes a fresh issue of ₹215.95 crore and an offer-for-sale component of ₹35.14 crore. The current listing schedule points to 8th Dec 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹251.09 Cr
Fresh issue₹215.95 Cr
Offer for sale₹35.14 Cr
Face value₹10
Price band₹216.00–₹237.00
Allotment5th Dec 2022
Listing8th Dec 2022
Listing performance
Full performance ↗Issue price₹237.00
Listing price₹266.05
Current price—
Listing gain12.26%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹38.00
GMP / upper price16.03%
Est. listing₹275.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Nov 2022
Closes30th Nov 2022
Allotment5th Dec 2022
Refund6th Dec 2022
Demat6th Dec 2022
Listing8th Dec 2022
Subscription demand
Full bidding ↗Total35.49×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 60 | ₹14,220 |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat | ₹104.97 Cr |
| Funding incremental working capital requirements of the Company | ₹45.00 Cr |
| Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company | ₹10.00 Cr |
| General corporate purposes | ₹41.47 Cr |
Financials
Full financials ↗31 Mar 2020
Assets92.58
Total Income199.17
Profit After Tax10.76
NET Worth35.22
Reserves and Surplus0.00
Total Borrowing20.18
31 Mar 2021
Assets128.87
Total Income303.57
Profit After Tax20.96
NET Worth56.14
Reserves and Surplus0.00
Total Borrowing26.92
31 Mar 2022
Assets219.55
Total Income396.29
Profit After Tax28.69
NET Worth82.82
Reserves and Surplus0.00
Total Borrowing36.93
31 Jul 2022
Assets305.76
Total Income221.17
Profit After Tax18.36
NET Worth101.17
Total Borrowing51.56
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS11.62
Pre-IPO P/E14.55
Promoter holding pre100%
Promoter holding post68.64%
Market cap₹801.00 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs and advisors | ₹10.57 Cr |
| Advertising and marketing expenses | ₹1.83 Cr |
| Fees payable to the Registrar to the Offer | ₹0.28 Cr |
| Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs, as applicable(1) | ₹0.36 Cr |
| Processing fees to the SCSBs and to the Sponsor Bank for ASBA Forms procured by Registered Brokers, RTAs or CDPs (2)(3)(4)(5)(6) | ₹0.31 Cr |
| Printing and distribution of issue stationery | ₹0.81 Cr |
| Fees to regulators, including stock exchanges | ₹1.70 Cr |
| Others | ₹1.00 Cr |
| a) Fees payable to auditors and other professional agencies; | — |
| b) Fees payable to legal counsel; and | — |
| c) Miscellaneous. | — |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Elara Capital (India) Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.