Dhanwel Hybrid Seeds IPO
Dhanwel Hybrid Seeds Limited is a Jamnagar (Gujarat) based seed company engaged in the development, multiplication, processing and marketing of seeds for field crops and vegetables including groundnut, soybean, sesame, gram and wheat.
Issue Size
Price Band
IPO Dates
Listing Date
IPO Snapshot
| Particular | Details |
|---|---|
| IPO Name | Dhanwel Hybrid Seeds IPO |
| Company Name | Dhanwel Hybrid Seeds Limited |
| Issue Type | Book Built Issue (SME) |
| Exchange | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹99 |
| Lot Size | 1,200 Shares |
| Minimum Investment | ₹2,37,600 (2 lots, upper band) |
| Fresh Issue | 25,63,200 shares (net offer, ex market maker) |
| Total Issue Size | 27,00,000 shares (~₹26.73 Cr) |
| IPO Opens | 19 Aug 2026 |
| IPO Closes | 21 Aug 2026 |
| Listing | BSE SME |
| Registrar | Cameo Corporate Services Ltd. |
| Market Maker | Aikyam Capital Pvt. Ltd. |
IPO Lot Size
Investors can bid for a minimum of 2,400 shares (2 lots) and in multiples of 1,200 shares thereafter.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Min) | 2 | 2,400 | ₹2,37,600 |
| Individual Investors (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 |
About the Company
Dhanwel Hybrid Seeds Limited, incorporated in 2018, develops, multiplies, processes and supplies seeds for field crops and vegetables under the Dhanwel Seeds brand, including groundnut, soybean, sesame, green gram, black gram, gram/chickpea, cumin, fenugreek and wheat.
The company sources improved genetic seed material from recognised agricultural institutions and research organisations, then carries out seed production through arrangements with identified farmers who receive seed material, cultivation protocols and technical support, with quality monitored by the company's field staff and agronomists.
For FY26, the company reported total income of ₹74.59 crore, up 69% from ₹44.13 crore in FY25, with profit after tax rising 183% to ₹6.12 crore.
Company Strengths
- Wide range of seeds and variants across major field crops and vegetables.
- Structured, supervised seed production process supporting quality assurance.
- Strong FY26 revenue and profit growth, with ROCE of 49.36% and ROE of 37.15%.
- Experienced promoter supported by a dedicated management team.
- Visible order book supporting near-term revenue.
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of borrowings availed from banks and financial institutions | |
| 2 | Funding working capital requirements | |
| 3 | General corporate purposes | |
| Total | 0.00 |
Financial Performance
| Particular | FY24 | FY25 | FY26 |
|---|---|---|---|
| Total Income | - | 44.13 | 74.59 |
| Profit After Tax | - | 2.16 | 6.12 |
| EBITDA | - | - | 9.24 |
GMP Today
Important Dates
| Event | Date |
|---|---|
| IPO Opens | 19 Aug 2026 |
| IPO Closes | 21 Aug 2026 |
| Basis of Allotment | 24 Aug 2026 (Tentative) |
| Refund/Credit of Shares | 25 Aug 2026 (Tentative) |
| Listing Date | 26 Aug 2026 (Tentative) |
IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.12% of net offer |
| Non-Institutional Investors (NII) | 49.44% of net offer |
| Retail Individual Investors | 49.44% of net offer |
Promoter Holding
Pre-Issue Promoter Holding: 49.93%
Post-Issue Promoter Holding: 35.13%
Promoter shareholding of 49.93% will dilute to approximately 35.13% after the fresh issue.
Lead Managers
- Wealth Mine Networks Pvt. Ltd.
Registrar and IPO Status
Key Risk Factors
- Business is subject to seasonality and climatic conditions affecting seed demand.
- Seed viability and shelf-life constraints could affect product quality and customer satisfaction.
- Company has a limited operating history as a public entity, converting to a public limited company only in 2024.
- Customer concentration risk, with dependence on large buyers for a portion of revenue.
- Working capital intensive business; inventory and receivables can absorb cash, especially in a seasonal cycle.
- IPO investing carries market and listing risk; read the final offer document carefully before investing.
Frequently Asked Questions
What is the Dhanwel Hybrid Seeds IPO date?
The IPO opens on 19 Aug 2026 and closes on 21 Aug 2026.What is the price band of Dhanwel Hybrid Seeds IPO?
The price band is set at ₹95 to ₹99 per share.What is the lot size of Dhanwel Hybrid Seeds IPO?
The lot size is 1,200 shares, with a minimum application of 2 lots (2,400 shares) amounting to ₹2,37,600 at the upper band.Where will Dhanwel Hybrid Seeds IPO list?
The equity shares are proposed to be listed on BSE SME.Who is the registrar of Dhanwel Hybrid Seeds IPO?
Cameo Corporate Services Ltd. is the registrar to the issue.What is the issue size of Dhanwel Hybrid Seeds IPO?
The total issue size is approximately ₹26.73 Crore, entirely a fresh issue with no offer for sale.Disclaimer
IPO dates, price band, lot size, issue size and other details may change before the final offer document is issued.
Grey Market Premium (GMP), when available, is unofficial and can change anytime. It is not an assurance of listing gains.