Dhanwel Hybrid Seeds
Price band ₹95–99 · Issue ₹26.73 Cr
Opens
19 Aug 2026
Closes
21 Aug 2026
Allotment
24 Aug 2026
Listing
26 Aug 2026
Lot size
1,200
At a glance
IPO Open Wed, Aug 19, 2026 IPO Close Fri, Aug 21, 2026 Price Band ₹95 to ₹99 Market Cap * ₹90.12 Cr * on Upper Price IPO Details IPO Date 19 to 21 Aug, 2026 Listing Date Wed, Aug 26, 2026 T Face Value ₹ 10 per share Price Band ₹95 to ₹99 Lot Size 1,200 Shares Sale Type Fresh capital only Issue Type Bookbuilding IPO Listing At BSE SME Total Issue Size 27,00,000 shares (agg. up to ₹ 27 Cr) Reserved for Market Maker 1,36,800 shares (agg. up to ₹ 1 Cr) Aikyam Capital Pvt.Ltd. Fresh Issue (Ex Market Maker) 25,63,200 shares (agg. up to ₹ 25 Cr) Net Offered to Public 25,63,200 shares (agg. up to ₹ 25 Cr) Share Holding Pre Issue 64,03,320 shares Share Holding Post Issue 91,03,320 shares IPO Timetable (Tentative) IPO Open Wed, Aug 19, 2026 IPO Close Fri, Aug 21, 2026 Allotment Mon, Aug 24, 2026 Refund Tue, Aug 25, 2026 Credit of Shares Tue, Aug 25, 2026 Listing Wed, Aug 26, 2026 IPOs Timetable Issue Reservation Dhanwel Hybrid Seeds IPO comprises a total issue size of 27,00,000 shares. The net offer to the public is 25,63,200 shares, after excluding 1,36,800 shares allotted on a firm basis. Of the Net offer 28,800 (1.12%) are allocated to QIB , 12,67,200 (49.44%) allocated to NII 12,67,200 (49.44%) allocated to RII . Investor Category Shares % of Net Issue % of Total Issue QIB 28,800 1.12% 1.07% NII (HNI) 12,67,200 49.44% 46.93% − bNII > ₹10L 8,44,800 31.29% − sNII 4,22,400 15.64% Retail 12,67,200 49.44% 46.93% Firm Reservations Market Maker 1,36,800 5.07% Total 27,00,000 100.00% 100.00% IPO Lot Size Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. Application Lots Shares Amount Individual investors (IND) (Min) 2 2,400 ₹2,37,600 Individual investors (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 IPO Subscription Details About Dhanwel Hybrid Seeds Ltd. Incorporated in 2018, Dhanwel Hybrid Seeds is engaged in the business of seed manufacturing and supply for various field crops and vegetables. It develops and produces quality seeds by sourcing improved genetic seed material from recognised institutions, research organisations, and the open market. Seed production is carried out through a well-planned process that includes cultivation, processing, quality control, and packaging.
Its products include Groundnut Seeds, Soybean Seeds, Gram Seeds, Sesame Seeds, Wheat seeds, Green Gram Seeds and Black Gram Seeds, Fenugreek Seeds and Cumin Seeds, and others.
Overview
Dhanwel Hybrid Seeds IPO is a book build issue of ₹26.73 crores. The issue is entirely a fresh issue of 0.27 crore shares of ₹26.73 crore.
Dhanwel Hybrid Seeds IPO opens for subscription on Aug 19, 2026 and closes on Aug 21, 2026. The allotment for the Dhanwel Hybrid Seeds IPO is expected to be finalized on Aug 24, 2026. Dhanwel Hybrid Seeds IPO will list on the BSE SME with a tentative listing date fixed as Aug 26, 2026.
Dhanwel Hybrid Seeds IPO is set issue price band at ₹95 to ₹99 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,37,600 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,56,400.
Wealth Mine Networks Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Aikyam Capital Pvt.Ltd.
Refer to Dhanwel Hybrid Seeds IPO RHP for detailed Information.
Issue details
IPO Date
19 to 21 Aug, 2026
Listing Date
Wed, Aug 26, 2026T
Face Value
₹10 per share
Price Band
₹95 to ₹99
Lot Size
1,200 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,37,600 |
| Individual investors (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 |
Issue reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 28,800 | 1.12% | 1.07% |
| NII (HNI) | 12,67,200 | 49.44% | 46.93% |
| − bNII > ₹10L | 8,44,800 | 31.29% | |
| − sNII < ₹10L | 4,22,400 | 15.64% | |
| Retail | 12,67,200 | 49.44% | 46.93% |
| Firm Reservations | |||
| Market Maker | 1,36,800 | 5.07% | |
| Total | 27,00,000 | 100.00% | 100.00% |
About the company
Incorporated in 2018, Dhanwel Hybrid Seeds is engaged in the business of seed manufacturing and supply for various field crops and vegetables. It develops and produces quality seeds by sourcing improved genetic seed material from recognised institutions, research organisations, and the open market. Seed production is carried out through a well-planned process that includes cultivation, processing, quality control, and packaging.
Its products include Groundnut Seeds, Soybean Seeds, Gram Seeds, Sesame Seeds, Wheat seeds, Green Gram Seeds and Black Gram Seeds, Fenugreek Seeds and Cumin Seeds, and others.
The Company works with selected seed-growing farmers under supervised arrangements, where it provides seed material and technical guidance while closely monitoring crop quality. After harvest, seeds are processed at the company's facility in Jashapar, Jamnagar, through cleaning, grading, treatment, and packing to ensure high quality and viability. The company also procures seeds directly from farmers and the open market when required.
As of April 30, 2026, the company had 18 employees across various business functions, supported by additional daily-wage workers as needed.
- Wide Range of Seeds and its Variants
- Quality Assurance
- Customer Satisfaction
- Experienced Promoter supported by dedicated Management team
- Strong order book of Rs 1,312.50 Lakhs
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 36.99 | 21.07 | 7.89 |
| Total Income | 74.59 | 44.13 | 35.49 |
| Profit After Tax | 6.12 | 2.16 | 1.91 |
| EBITDA | 9.24 | 3.66 | 2.79 |
| NET Worth | 19.66 | 13.27 | 3.65 |
| Reserves and Surplus | 13.25 | 9.03 | 0.27 |
| Total Borrowing | 7.68 | 5.97 | 1.94 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 37.15% |
| ROCE | 49.36% |
| Debt/Equity | 0.39 |
| RoNW | 31.11% |
| PAT Margin | 8.20% |
| EBITDA Margin | 12.38% |
| NAV | 30.70 |
| Price to Book Value | 3.22 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
9.55
P/E (x)
10.37
Market Cap at Offer Price
₹63Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 49.94% | 35.12% |
| Public | 50.06% | 64.88% |
| Total | 100% | 100% |
Objects of the issue
- — Funding towards Repayment or prepayment, in full or in part, of borrowings availed by Company from banks and financial institutions
- — Funding the working capital requirements of the Company
- — General Corporate Purposes
Intermediaries
Registrar
Cameo Corporate Services Ltd.
Lead manager(s)
Wealth Mine Networks Ltd.
FAQs
How to apply in Dhanwel Hybrid Seeds IPO through Zerodha?+
Zerodha customers can apply online in Dhanwel Hybrid Seeds IPO using UPI as a payment gateway. Zerodha customers can apply in Dhanwel Hybrid Seeds IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Dhanwel Hybrid Seeds IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Dhanwel Hybrid Seeds IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Dhanwel Hybrid Seeds IPO will open?+
The Dhanwel Hybrid Seeds IPO opens on Wed, Aug 19, 2026 and closes on Fri, Aug 21, 2026.
What is the lot size of Dhanwel Hybrid Seeds IPO?+
Dhanwel Hybrid Seeds IPO lot size is 1200 , and the minimum amount required for application is ₹2,37,600 , with 2 lots being the minimum application size .
How to apply for Dhanwel Hybrid Seeds IPO?+
You can apply in Dhanwel Hybrid Seeds IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Dhanwel Hybrid Seeds IPO allotment?+
The finalization of Basis of Allotment for Dhanwel Hybrid Seeds IPO will be done on Monday, August 24, 2026 , and the allotted shares will be credited to your demat account by Tue, Aug 25, 2026 . Check the Dhanwel Hybrid Seeds IPO allotment status .
When is Dhanwel Hybrid Seeds IPO listing date ?+
The Dhanwel Hybrid Seeds IPO listing date is not yet announced. The tentative date of listing is Wed, Aug 26, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.