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Dhanwel Hybrid Seeds Ltd

Registered Office: Survey No.289/1 Opp.Saffron -,School Rajkot-Kalawad Highway, Jamnagar - 361160, Gujarat, India.
Phone : +91 77788 89978   Fax:
Email :  info@dhanwelseeds.com  
Website :  www.dhanwelseeds.com

initial public issue of upto 27,00,000* equity shares of face value of Rs.10/- each ("Equity Shares") of Dhanwel Hybrid Seeds Limited ("Dhanwel" or the "Company" or "the Issuer") for cash at a price Rs. 95-99 per equity share (including a share premium of Rs. 85-89 per equity share) ("the Issue Price") aggregating upto Rs. 25.65-26.73 Crores, of which 1,36,800 equity shares of face value of Rs.10/- each for cash at a price of Rs. 95-99 per equity share including a share premium of Rs. 85-89 per equity share aggregating upto Rs. 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 Rs.10/- each at an issue price of Rs. 95-99 per equity share including a share premium of upto Rs. 85-89 aggregating to Rs. 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: Rs. 95.00 to Rs. 99.00 per equity share of face value of Rs. 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 through Current Offer 25.65  
Post Issue Equity Share Capital 9.10  
Issue Price 95.00  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.