Dhanwel Hybrid Seeds Limited IPO
Dhanwel Hybrid Seeds Limited IPO
SME BSE SME 100% Book Built Offer
Upcoming

Price Band

₹95 - ₹99

Total Issue

₹27 Cr

Bid Dates

24 Jun - 29 Jun

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹90.12 Cr

P/E Ratio

10.36x

P/B Ratio

3.22x

Dhanwel Hybrid Seeds IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Dhanwel Hybrid Seeds Limited is engaged in seed manufacturing, encompassing the development, multiplication, processing and supply of seeds for a variety of field crops and vegetables. The Company procures genetic seed material from recognised agricultural institutions, government-supported research organisations and the open market, and undertakes seed production through arrangements with identified seed-growing farmers under its technical supervision. Post-harvest, seeds are processed at its facility through cleaning, precision grading and seed treatment before being packed and distributed. Its products are sold under the brand “Dhanwel Seeds” across oil seeds, pulses, spices and vegetables. The Company is ISO 9001:2015 certified and operates a processing unit in Jamnagar District, Gujarat.

Dhanwel Hybrid Seeds IPO Lot Size

Lot Information for Dhanwel Hybrid Seeds IPO
Category Lots Shares Amount
Ind (Min) 2 2,400 ₹2,37,600
Ind (Max) 2 2,400 ₹2,37,600
S-HNI (Min) 3 3,600 ₹3,56,400
S-HNI (Max) 8 9,600 ₹9,50,400
B-HNI (Min) 9 10,800 ₹10,69,200
Allocate Funds
Market Maker
₹1.37 L
Employee
₹0.00
Shareholder
₹0.00

Dhanwel Hybrid Seeds IPO Size

Total ₹27 Cr
Fresh Issue
₹27 Cr (0.27 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of the Issue

Funding towards repayment or prepayment, in full or in part, of borrowings availed from banks and financial institutions

₹7.60 Cr

Funding the working capital requirements of our Company

₹11.60 Cr

General corporate purposes & issue expenses

₹7.53 Cr

Total

₹26.73 Cr

Dhanwel Hybrid Seeds IPO Details Live GMP

GMP ₹0
Est. Price ₹99
Est. Gain 0.00%

Dhanwel Hybrid Seeds IPO Peer Comparison

(Rs. in crores)

Dhanwel Hybrid Seeds IPO Peer Comparison Table
Particulars Dhanwel Hybrid Seeds Bombay Super Hybrid Seeds Upsurge Seeds of Agriculture
Revenue 74.59 344.08 110.44
PAT 6.12 26.66 7.48
EPS (₹) 9.56 2.54 7.43
NAV (₹) 30.70 12.49 61.47
RONW 31.11% 20.35% 12.06%
EBITDA 12.38% 10.35% 12.39%
PAT Mrgn 8.20% 7.75% 6.77%
PE Ratio 10.36 39.09 14.00
Debt to Equity 0.39 0.83 0.87

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 19, 2026 for Peers

Dhanwel Hybrid Seeds IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Dhanwel Hybrid Seeds IPO
Particulars Mar-26 Mar-25 Mar-24
Revenue 74.59 44.13 35.49
PAT 6.12 2.16 1.91
Net Worth 19.66 13.27 3.65
Borrowings 7.68 5.97 1.94
Assets 36.99 21.07 7.89
NAV (₹) 30.70 - -
EPS (₹) 9.56 3.60 3.46

Key Performance Indicators (KPIs)

EBITDA

12.38%

PAT

8.20%

ROE

31.11%

ROCE

49.36%

Debt to Equity

0.39

All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band

Promoter Holding

Promoter

49.94%

Public

50.06%

Kishankumar Gordhanbhai Meghani 14.27%
Vimal Mansukhbhai Vekariya 14.27%
Sudhir Mohanbhai Pipaliya 14.27%
Nikul Mansukhbhai Vekariya 7.13%

Management

Kishankumar Gordhanbhai Meghani
Chairman & MD
Vimal Mansukhbhai Vekariya
WTD
Dixita Rajendrasinh Chauhan
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Dhanwel Hybrid Seeds Limited

Address: Survey No. 289/1, Opp. Saffron School, Rajkot-Kalawad Highway, Jashapar, Kalavad-361160, Jamnagar, Gujarat, India.

Number: +91 7778889978

Email: info@dhanwelseeds.com

Website: https://dhanwelseeds.com

Frequently Asked Questions (FAQs)

What is Dhanwel Hybrid Seeds IPO?
Dhanwel Hybrid Seeds IPO is a SME IPO having an issue size of ₹27 Crs. Dhanwel Hybrid Seeds IPO is priced at ₹95 - ₹99 per share. The issue opens on 24 Jun 26 and closes on 29 Jun 26.
When will Dhanwel Hybrid Seeds IPO open?
Dhanwel Hybrid Seeds IPO opens on 24 Jun 26 and closes on 29 Jun 26.
What is the GMP of Dhanwel Hybrid Seeds IPO?
The estimated Grey Market Premium of Dhanwel Hybrid Seeds IPO is ₹0 per share (0.00%).
What is the lot size of Dhanwel Hybrid Seeds IPO?
The minimum lot size of Dhanwel Hybrid Seeds IPO is 1200 shares & the minimum application amount is Rs. 118800.
When is the allotment of Dhanwel Hybrid Seeds IPO?
The allotment date of Dhanwel Hybrid Seeds IPO is 30 Jun 26.
What is the listing date of Dhanwel Hybrid Seeds IPO?
The listing date of Dhanwel Hybrid Seeds IPO is 02 Jul 26.
What is the subscription of Dhanwel Hybrid Seeds IPO?
Dhanwel Hybrid Seeds IPO is subscribed -.
What is the price band of Dhanwel Hybrid Seeds IPO?
Dhanwel Hybrid Seeds IPO is priced at ₹95 - ₹99 per share.
How to check allotment status of Dhanwel Hybrid Seeds IPO?
Click the allotment link on Dhanwel Hybrid Seeds IPO page of IPO360.
How to apply Dhanwel Hybrid Seeds IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Dhanwel Hybrid Seeds IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Dhanwel Hybrid Seeds IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Dhanwel Hybrid Seeds IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date