I PO 

Initial public offering is the process by which a private company can go public by sale of its stocks to general public

About: Dharmaj Crop Guard IPO

Company Name: Dharmaj Crop Guard Limited

Company Established On: 2015

Dharmaj Crop Guard Limited is an agrochemical company

company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations

About: Dharmaj Crop Guard IPO

such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers

About: Dharmaj Crop Guard IPO

IPO Date:

Dharmaj Crop Guard IPO Opening Date: 28 November 2022

Dharmaj Crop Guard IPO Closing Date: 30 November 2022

Dharmaj Crop Guard IPO Price band: ₹ 216- ₹ 237 per share

About: Dharmaj Crop Guard IPO

key details about the Dharmaj Crop Guard IPO:

Dharmaj Crop Guard IPO Allotment Status: 5 December 2022

Credit of Shares to the Demat Account: 6 December 2022

About: Dharmaj Crop Guard IPO

key details about the Dharmaj Crop Guard IPO:

Dharmaj Crop Guard IPO Face Value: ₹ 10 per share

Dharmaj Crop Guard IPO Listing Date: 8 December 2022

About: Dharmaj Crop Guard IPO

Financial Snapshot:

Revenue: FY 20 ₹ 198.2 crore  FY 21 ₹ 302.4 crore  FY 22 ₹ 394.2 crore

Net Profit: FY 20  ₹ 10.7 crore FY 21 ₹ 20.9 crore FY 22 ₹ 28.6 crore

About: Dharmaj Crop Guard IPO

Strengths and opportunities

1. Has obtained registrations to manufacture 464 agrochemical formulations 2. Its distribution network comprises over 4,362 dealers across 17 states in India 3. Has exported products to approximately 66 customers across 25 countries 4. Its sales from the branded business accounted for around 31% of the total revenue in FY22 5. The institutional sales contributed around 69% of the revenue in FY22 6. Its return on capital employed (ROCE) rose to 32.8% in FY22 from 28.7% in FY20 7. The EBITDA margin or profitability improved to 11.7% in FY22 from 9.3% in FY20

About: Dharmaj Crop Guard IPO

How to apply for the Dharmaj Crop Guard IPO?

1. Login to your Upstox account, using your six-digit PIN 2. After successfully logging in, click on ‘Discover’ 3. On the Discover tab, you will find the ‘Invest in IPO’ section 4. Under the Invest in IPO section, look for the ‘Dharmaj Crop Guard IPO’ tab and click on it 5. Now fill in all the required information, like ‘bid price’ and ‘lot size’ 6. Confirm and click on ‘Apply’ 7. Accept the mandate on your UPI app

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