Shares of Dharmaraj Crop Guard will be allotted today (December 5) to eligible bidders. The gray market premium (GMP) of the IPO is Rs 55, which is likely to list at Rs 292 per share. The price band of the IPO was Rs 216-237 per share. The share sale of the agrochemical company was subscribed 35.49 times on Wednesday, November 30, 2022, the last day of the offer. The issue received bids for 28,43,51,820 shares against the issue size of 80,12,990 shares.
The IPO had a fresh issue of up to Rs 216 crore and an offer for sale (OFS) of 14,83,000 equity shares. The IPO was conducted from 28 November to 30 November.
The shares of Dharmaraj Crop Guard will be listed on NSE and BSE on 8th December. Those who have bid for the IPO can check their allotment status online.
The allotment status will be announced on the official website of the Registrar and on the website of BSE. Link Intime India is the official registrar of Dharmaj Crop Guard IPO.
Elara Capital (India) Private and Monarch Networth Capital were the lead managers to the issue. The object of the Offer was to undertake capital expenditure for setting up a manufacturing facility at Sakha, Bharuch, Gujarat, to finance the incremental working capital requirements of the Company, to repay and/or prepay, in full and/or in part, certain borrowings of the Company. and general corporate purposes.
Read also: Dharmaj Crop Guard IPO subscribed 35.49 times on Day 3: View Details
Here’s how to check the status of your share allotment. Investors can visit the website of the Bombay Stock Exchange (BSE) or the website of the IPO registrar.
registrar website
The registrar link for the share sale is Intime.
1. Visit the online portal of Link Intime
2. Click on the drop-down menu and select the company name Dharmaj Crop Guard in the drop-down menu of the Investor’s Center section.
3. Enter your Permanent Account Number (PAN) or Application Number or Client ID.
4. After entering the given captcha code, investors can click on the submit button and view their allotment status.
stock exchange website
1.Visit the official website of BSE.
2. On the BSE homepage, click on ‘Equity’. A dropdown menu will appear. Select ‘Dharamraj Crop Guard’.
3. Enter your application and PAN number.
4. After entering the details, click on ‘Search’.
5. After clicking on the ‘Search’ button, the details of the number of shares subscribed and the number of shares allotted to you will be displayed.
Incorporated in the year 2015, Dharmaj Crop Guard Limited is an Agrochemical company. The company is engaged in the business of manufacturing, distributing and marketing a wide range of Agrochemical formulations such as Insecticides, Fungicides, Herbicides, Plant Growth Regulators, Micro Fertilizers and Antibiotics to B2C and B2B customers.
Read also: Dharmaj Crop Guard IPO subscribed 5.97 times on day 2: Latest GMP and other details
