Dhanwel Hybrid Seeds IPO
GMP, Subscription, Price, Dates & Financial Details
Agriculture
Incorporated in 2018, Dhanwel Hybrid Seeds Limited is engaged in the production, processing, and marketing of high-quality seeds for a wide range of field crops and vegetable varieties. The company focuses on delivering reliable and high-yielding seed products by sourcing improved genetic seed…
Open Date
Wed, 19 Aug 2026
Close Date
Fri, 21 Aug 2026
Price Band
₹ 95 – 99
Lot Size
1200
Issue Size
₹ 26.73 Cr
Minimum Investment
₹ 237,600 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Dhanwel Hybrid Seeds IPO is set to open its Initial Public Offering (IPO) for subscription on August 19, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹26.73 Crore, comprising a fresh issue of 27.00 Lakh equity shares aggregating to ₹26.73 Crore.
The Dhanwel Hybrid Seeds IPO will open for subscription on August 19, 2026, and close on August 21, 2026. The basis of allotment is expected to be finalized on August 24, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on August 26, 2026.
The company has fixed the price band at ₹95 to ₹99 per share, with a lot size of 1200 shares. Retail investors will require a minimum investment of ₹237,600 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited is the registrar to the issue. Wealth Mine Networks Private Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Dhanwel Hybrid Seeds IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 21, 2026.
Dhanwel Hybrid Seeds IPO Timeline (Tentative)
- IPO Open Date
- Wed, 19 Aug 26
- IPO Close Date
- Fri, 21 Aug 26
- Basis of Allotment
- Mon, 24 Aug 26
- Initiation of Refunds
- Tue, 25 Aug 26
- Credit of Shares to Demat
- Tue, 25 Aug 26
- Listing Date
- Wed, 26 Aug 26 — NSE & BSE
Open Date
19 August 2026
Close Date
21 August 2026
Basis Of Allotment
24 August 2026
Listing Date
26 August 2026
IPO Subscription
Check Live Subscription →The Dhanwel Hybrid Seeds IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 19 August 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 12,67,200 shares, representing 49.44% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 28,800 shares (1.12%), while Non-Institutional Investors (NIIs) receive 12,67,200 shares (49.44%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 28,800 | 1.12% |
| Non-Institutional | 1,267,200 | 49.44% |
| BNII | 844,800 | 32.96% |
| SNII | 422,400 | 16.48% |
| Retail Investors | 1,267,200 | 49.44% |
| Total | 2,563,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 36.99 | 21.07 | 7.89 |
| Revenue | 74.59 | 44.13 | 35.49 |
| Profit After Tax | 6.12 | 2.16 | 1.91 |
| Net Worth | 19.66 | 13.27 | 3.65 |
| Reserve & Surplus | 13.25 | 9.03 | 0.27 |
| Total Borrowings | 8.68 | 5.97 | 1.94 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Dhanwel Hybrid Seeds Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 37.15 | 25.5 | 81.43 |
| ROCE % | 49.36 | 38.48 | 107.76 |
| Debt / Equity | 0.39 | 0.45 | 7.17 |
| RoNW % | 31.11 | 16.26 | 52.28 |
| Pat Margin % | 8.2 | 4.89 | 5.38 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Dhanwel Hybrid Seeds Ltd | 10 | 0.00 | 9.56 | 9.56 | 31.11 | 30.70 |
| Bombay Super Hybrid Seeds Ltd | 1 | 39.09 | 2.54 | 2.54 | 20.35 | 12.49 |
| Upsurge Seeds of Agriculture Ltd | 10 | 14.00 | 7.43 | 7.43 | 12.06 | 61.47 |
About Dhanwel Hybrid Seeds Limited
Incorporated in 2018, Dhanwel Hybrid Seeds Limited is engaged in the production, processing, and marketing of high-quality seeds for a wide range of field crops and vegetable varieties. The company focuses on delivering reliable and high-yielding seed products by sourcing improved genetic seed material from recognized agricultural institutions, research organizations, and the open market.
The company follows an integrated seed production model encompassing seed cultivation, procurement, processing, quality testing, treatment, packaging, and distribution. Its product portfolio includes seeds for various crops such as groundnut, soybean, gram (chickpea), sesame, wheat, green gram, black gram, fenugreek, cumin, and other agricultural crops, catering to the diverse needs of farmers.
Dhanwel Hybrid Seeds collaborates with a network of carefully selected contract seed-growing farmers. Under this arrangement, the company supplies foundation seed material and provides technical support throughout the cultivation cycle while closely monitoring crop development to ensure adherence to quality standards. This supervised production process helps maintain genetic purity, seed quality, and consistency.
Following harvest, seeds are transported to the company's processing facility located in Jashapar, Jamnagar, Gujarat, where they undergo a series of quality-enhancing procedures, including cleaning, grading, treatment, testing, and packaging. These processes are designed to ensure high germination rates, purity, and overall seed viability before reaching the market. In addition to contract production, the company also procures seeds directly from farmers and the open market to meet demand and optimize supply requirements.
The company is committed to maintaining stringent quality standards across its operations, supported by systematic quality control measures and efficient processing practices. Through its focus on product quality and farmer-centric solutions, Dhanwel Hybrid Seeds aims to strengthen agricultural productivity and support sustainable farming practices.
As of April 30, 2026, the company had a workforce of 18 employees engaged across production, quality control, administration, marketing, and other operational functions. The company also supplements its workforce with skilled and unskilled daily-wage laborers as required to support seasonal and operational activities.
Dhanwel Hybrid Seeds IPO Promoters
- Mr. Kishankumar Gordhanbhai Meghani
- Mr. Vimal Mansukhbhai Vekariya
- Mr. Sudhir Mohanbhai Pilaliya
- Mr. Nikul Mansukhbhai Vekariya
Promoters Holding
Holding Pre Issue
49.94%
Holding Post Issue
35.12%
Dhanwel Hybrid Seeds IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions
- Funding the working capital requirements of our Company
- General Corporate Purposes
Dhanwel Hybrid Seeds Limited Address / Contact Details
Dhanwel Hybrid Seeds Ltd.
Survey No. 289/1, Opp. Saffron School,
Rajkot- Kalawad Highway,
At- Jashapar,
Jamnagar, Gujarat, 361160
Tel No.: +91 7778889978
Email: info@dhanwelseeds.com;
Website:http://www.dhanwelseeds.com/
IPO Snapshot
Dhanwel Hybrid Seeds IPO Lot Size
The Dhanwel Hybrid Seeds IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,37,600 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,37,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 237,600.00 |
| Retail (Max) | 2 | 2,400 | 237,600.00 |
| S-HNI (Min) | 3 | 3,600 | 356,400.00 |
| S-HNI (Max) | 8 | 9,600 | 950,400.00 |
| B-HNI (Min) | 9 | 10,800 | 1,069,200.00 |
Issue Reservation
- QIB — 1.12%
- NII — 49.44%
- RII — 49.44%
Book Running Lead Managers
- Wealth Mine Networks Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Dhanwel Hybrid Seeds IPO?
Dhanwel Hybrid Seeds IPO is a Book-building IPO with a total issue size of ₹26.73 crore. The Dhanwel Hybrid Seeds IPO price band is ₹95 to 99 per share. The Dhanwel Hybrid Seeds IPO subscription opens on Wed, Aug 19, 2026, and closes on Fri, Aug 21, 2026. The Dhanwel Hybrid Seeds IPO will be listed on the BSE. Cameo Corporate Services Limited is the registrar for the Dhanwel Hybrid Seeds IPO.
When will the Dhanwel Hybrid Seeds IPO open for subscription?
The Dhanwel Hybrid Seeds IPO opens on Wed, Aug 19, 2026 and closes on Fri, Aug 21, 2026
What is Dhanwel Hybrid Seeds IPO Price Band?
Dhanwel Hybrid Seeds IPO Price Band is ₹95 to 99 per share.
What is Dhanwel Hybrid Seeds IPO Lot Size?
Dhanwel Hybrid Seeds IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹237600 based on the upper price band
What is the minimum investment for Dhanwel Hybrid Seeds IPO?
The minimum investment for Dhanwel Hybrid Seeds IPO is ₹237600, based on one lot of 1200 shares at the upper price band of ₹99 per share.
How to apply for Dhanwel Hybrid Seeds IPO?
Investors can apply for the Dhanwel Hybrid Seeds IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 21, 2026. The application amount remains blocked until the Dhanwel Hybrid Seeds IPO allotment is finalized.
What is Dhanwel Hybrid Seeds IPO Issue Size?
Dhanwel Hybrid Seeds IPO issue size is ₹26.73 crores.
What is the Dhanwel Hybrid Seeds IPO Allotment Date?
Dhanwel Hybrid Seeds IPO allotment date is Mon, Aug 24, 2026.
Who is the Dhanwel Hybrid Seeds IPO Registrar?
The registrar for Dhanwel Hybrid Seeds IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Dhanwel Hybrid Seeds IPO allotment status, refund processing, and other IPO-related information.
What is the Dhanwel Hybrid Seeds IPO GMP?
The Dhanwel Hybrid Seeds IPO GMP (Grey Market Premium) is ₹0 as of Fri, Aug 14, 2026. Based on the upper price band of ₹99 per share, the estimated Dhanwel Hybrid Seeds IPO listing price is ₹99, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Dhanwel Hybrid Seeds IPO Lead Manager?
The book-running lead managers (BRLMs) for the Dhanwel Hybrid Seeds IPO are Wealth Mine Networks Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Dhanwel Hybrid Seeds IPO Red Herring Prospectus (RHP).