DHANWEL · BSE · Agricultural Products
Dhanwel Hybrid Seeds IPO listed on 26 Aug 2026 on BSE at ₹99.00, a gain of 0.00% over the issue price of ₹99.00. The IPO was subscribed 1.65x overall.
Dhanwel Hybrid Seeds IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 19 Aug 2026 |
| IPO Close Date | 21 Aug 2026 |
| Basis of Allotment | 24 Aug 2026 |
| Initiation of Refunds | 25 Aug 2026 |
| Credit of Shares to Demat | 25 Aug 2026 |
| Listing Date | 26 Aug 2026 |
Listing day gain
+0%
Listed at ₹99 (issue ₹99)
Issue
₹99
Listing
₹99
Current
₹94.05
-5% vs issue
Day range
₹94.05 – ₹99
Issue Size
2,700,000 shares
(aggregating up to ₹27.00 Cr)
Issue Price
₹95 – ₹99
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹237,600
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
2,563,200 shares
(aggregating up to ₹26 Cr)
Offer for Sale
[.]
Reserved for Market Maker
136,800 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Open Date
19 Aug
Close Date
21 Aug
Allotment
24 Aug
Listing
26 Aug
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 26 Aug 2026 Latest | ₹99 | ₹1 | ₹100 | ₹1 |
1.01%
|
1:13 AM |
| 25 Aug 2026 | ₹99 | ₹1 | ₹100 | ₹1 |
1.01%
|
8:23 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 21 Aug 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 1x | - |
| NII | 0.24x | - |
| bNII (bids above ₹10L) | 0.05x | - |
| sNII (bids below ₹10L) | 0.61x | - |
| Individual Investors | 3.08x | - |
| Total | 1.65x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Kishankumar Gordhanbhai Meghani, Mr. Vimal Mansukhbhai Vekariya, Mr. Sudhir Mohanbhai Pilaliya and Mr. Nikul Mansukhbhai Vekariya are the company promoters.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹237,600 |
| Retail (Max) | 2 | 2,400 | ₹237,600 |
| S-HNI (Min) | 3 | 3,600 | ₹356,400 |
| S-HNI (Max) | 8 | 9,600 | ₹950,400 |
| B-HNI (Min) | 9 | 10,800 | ₹1,069,200 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 28,800 (1.07%) |
| NII (HNI) Shares Offered | 1,267,200 (46.93%) |
|
•
bNII > ₹10L
|
844,800 (31.29%) |
|
•
sNII < ₹10L
|
422,400 (15.64%) |
| Individual Investors Shares Offered | 1,267,200 (46.93%) |
| Market Maker Shares Offered | 136,800 (5.07%) |
| Total Shares Offered | 2,700,000 (100.00%) |
Originally started in 2018 as a partnership firm named M/s Super Vegetable Seeds, the business officially transformed into a public limited entity, Dhanwel Hybrid Seeds Limited, in February 2024. Headquartered in Jamnagar, Gujarat, the company has dedicated itself to strengthening India's agricultural backbone by providing high-yielding, climate-resilient hybrid seeds to local farming communities. The company specializes in researching, processing, and distributing a diverse range of high-quality vegetable and crop seeds. Operating out of its processing hub on the Rajkot-Kalawad Highway, Dhanwel focuses on developing seed variants that offer excellent disease resistance and superior crop yields. By working closely with growers, the brand ensures that local farmers have access to dependable farming inputs tailored to face tough Indian weather conditions. Led by core promoters Kishankumar Gordhanbhai Meghani, Vimal Mansukhbhai Vekariya, and Sudhir Mohanbhai Pipaliya, the enterprise has built a steady financial profile. The company generated a total revenue of ₹44.13 crore with a net profit (PAT) of ₹2.16 crore for Fiscal 2025.
Standalone · ₹ in Crores
| Particulars | FY 2024 | FY 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 35.49 | 44.13 | 74.59 |
| Profit After Tax (PAT) | 1.91 | 2.16 | 6.12 |
| EBITDA | 2.79 | 3.66 | 9.24 |
| Total Assets | 7.89 | 21.07 | 36.99 |
| Net Worth | 3.65 | 13.27 | 19.66 |
| Reserves & Surplus | 0.27 | 9.03 | 13.25 |
| Total Borrowing | 1.94 | 5.97 | 7.68 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2026 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 37.15% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 49.36% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 31.11% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 8.2% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 12.38% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.39x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 3.22x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹9.55 | ₹6.72 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 10.37x | 14.74x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹63 Cr | ₹90 Cr |
The basis of allotment for Dhanwel Hybrid Seeds IPO was finalised on 24 Aug 2026. You can check your allotment status using your PAN number or application number on the Cameo Corporate Services Ltd. portal or BSE.
The Dhanwel Hybrid Seeds IPO is expected to open in Aug 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Dhanwel Hybrid Seeds IPO is ₹95.00 - ₹99.00 per share.
As per market sources, Dhanwel Hybrid Seeds IPO GMP is currently ₹1.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Dhanwel Hybrid Seeds IPO stands at 1.65x overall.
The listing date for Dhanwel Hybrid Seeds IPO is 26 Aug 2026.
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