IPO SYNOPSIS

Dhanwel Hybrid Seeds Ltd
Registered Office:
Survey No.289/1 Opp.Saffron -,School Rajkot-Kalawad Highway,
Jamnagar - 361160,
Gujarat, India.
initial public issue of upto 27,00,000* equity shares of face value of (₹)10/- each ("Equity Shares") of Dhanwel Hybrid Seeds Limited ("Dhanwel" or the "Company" or "the Issuer") for cash at a price (₹) 95-99 per equity share (including a share premium of (₹) 85-89 per equity share) ("the Issue Price") aggregating upto (₹) 25.65-26.73 Crores, of which 1,36,800 equity shares of face value of (₹)10/- each for cash at a price of (₹) 95-99 per equity share including a share premium of (₹) 85-89 per equity share aggregating upto (₹) 1.30-1.35 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of upto 25,63,200 equity shares of face value of (₹)10/- each at an issue price of (₹) 95-99 per equity share including a share premium of upto (₹) 85-89 aggregating to (₹) 24.35-25.38 Crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute upto 29.66% and 28.16%, respectively of the post issue paid up equity share capital of the company. Price Band: (₹) 95.00 to (₹) 99.00 per equity share of face value of (₹) 10.00 each. The floor price is 9.5 times the face value of the equity shares and the cap price is 9.9 times the face value of the equity shares. Bids can be made for a minimum of 2 lots of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Jun-26
29-Jun-26
95.00-99.00
0.00-0.00
Minimum Application for shares in Nos : 2400     Further Multiples of : 1200
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Wealth Mine Networks Limited
Project Financed
25.65
 
Post Issue
9.10
 
Issue Price
95.00
 
Projects
Funding towards Repayment or prepayment, in full or in part, of borrowings availed by its Company from banks and financial institutions
Funding the working capital requirements of the Company
General corporate purposes
Promoted By
Kishankumar Gordhanbhai Meghan
Vimal Mansukhbhai Vekariya
Sudhir Mohanbhai Pipaliya
Listing At
BSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd
A+ | A | A-
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