Dharmaj Crop Guard IPO likely to list at 292 shares

72
2
Dharmaj Crop Guard IPO likely to list at 292 shares

The grey market premium GMP of the IPO stands at 55, implying a likely listing at 292 per share. The price band for the IPO was Rs 216 -- 237 per share. The last day of the offer was on November 30, 2022 when the share sale of the agrochemical company was subscribed 35.49 times. The issue received bids for 28,43, 51,820 shares against the issue size of 80,12, 990 shares.

The IPO was held from November 28 to November 30.

Shares of Dharmaj Crop Guard will be listed on the NSE and BSE on December 8. If you have bid for the IPO, you can check their allotment status online.

The official website of the registrar and the BSE website will be the site where allotment status will be declared. Link Intime India is the official registrar of the Dharmaj Crop Guard IPO.

Elara Capital India Private and Monarch Networth Capital were the lead managers to the issue. The objective of the offer was to invest capital expenditure for setting up a manufacturing facility in Saykha, Bharuch, Gujarat, in order to fund the incremental working capital requirements of the company, repayment and or pre-payment, in full and or part, of certain borrowings of the company and general corporate purposes.

You can check your share allotment status here. In the drop-down menu of the investor's centre section, click on the drop-down menu and select the company name Dharmaj Crop Guard.

Enter your PAN or application number and application number in the application or application number.

A dropdown menu will appear. Dharmaj Crop Guard Limited was founded in 2015 and is an agrochemical company. The company is involved in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilisers and antibiotics for B 2 C and B 2 B customers.

97 times on Day 2: Latest GMP Other Details