Dhanlaxmi Crop Science IPO Details
- IPO Date:
- Price Band: ₹52 to ₹54 per share
- Lot Size: 2000 shares
- Issue Size: ₹23.80 Cr
- Face value: ₹ 10 per share
- Issue Type: Book Building
- Fresh Offer Size (By No. of Shares): 43,28,000
- OFS (By No. of Shares): Nil
About the company
The Company was originally
incorporated as a Private Limited Company in the name of “Dhanlaxmi Agrichem
Private Limited” on November 28, 2005. The company has operations in 5 states
across India. “Kamleshkumar Jayantilal Patel” is the Managing Director & Chairman
of the company.
Business
“Dhanlaxmi Crop Science
Limited” is a technology-driven seeds company that develops, produces,
processes, and sells seeds for various field crops and vegetables and it has
more than 18 years of experience in the Indian seeds industry. As of March 31,
2024, the company produced seeds for 24 different field crops and vegetables.
The objects of the issue
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Financial Performance
- The revenue
of the company in FY 2024 has increased by 36.68% to ₹63.71 crores, compared to
FY 2023 with ₹46.61 crores.
- The total borrowings of the company in FY 2024 have decreased to ₹1.04
crores, compared to FY 2023 with ₹2.58 crores.
- To meet Working Capital Requirements
- To meet the Issue Expenses
- General Corporate Purposes
Financial Performance
- The revenue
of the company in FY 2024 has increased by 36.68% to ₹63.71 crores, compared to
FY 2023 with ₹46.61 crores.
- The total borrowings of the company in FY 2024 have decreased to ₹1.04 crores, compared to FY 2023 with ₹2.58 crores.
Comments
Post a Comment