Dhanwel Hybrid Seeds IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 35.49 | 44.13 | 74.59 |
| Expense | 32.86 | 40.78 | 66.26 |
| Profit (PAT) | 1.91 | 2.16 | 6.12 |
| Total Assets | 7.89 | 21.07 | 36.99 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Bombay Super Hybrid Seeds Limited | 2.54 | 39.09 | 20.35 | 12.49 | 344.08 Cr |
| Upsurge Seeds of Agriculture Limited | 7.43 | 14.00 | 12.06 | 61.47 | 110.44 Cr |
Promoters: Mr. Kishankumar Gordhanbhai Meghani, Mr. Vimal Mansukhbhai Vekariya, Mr. Sudhir Mohanbhai Pilaliya and Mr. Nikul Mansukhbhai Vekariya
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 64,03,320 | 49.93% |
| Promoter Holding Post Issue | 91,03,320 | 35.11% |
Strengths & Risks
- Revenue grew 69% in the latest reported year.
- Solid profit margin — 8.2%.
- Strong return on equity — 31%.
- Low leverage — debt/equity of 0.39.
- Promoter stake drops to 35% after the issue.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Dhanwel Hybrid Seeds, incorporated in 2018, is one of the leading manufacturers of seeds, field crops, and vegetables. The firm develops and manufactures high-quality seeds by purchasing seed material from recognised institutions, research organisations, and the open market. The seeds then undergo cultivation, processing, quality checks, and packaging before being sold to customers. Its product offering includes Groundnut Seeds, Soybean Seeds, Gram Seeds, Sesame Seeds, Wheat Seeds, Green Gram Seeds, Black Gram Seeds, Fenugreek Seeds, and Cumin Seeds. Dhanwel Hybrid Seeds works with selected farmers by providing seed material and guidance while closely monitoring crop quality and arrangements. Once the seeds get harvested, they go to the processing facility in Jashapar, Jamnagar, where they go through cleaning, Grading, Treatment, and packing.
| Purpose | Amount (Cr) |
|---|---|
| Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions | 6.00 |
| Funding the working capital requirements of our Company | 12.60 |
| General Corporate Purpose | - |
Resources & Documents
Dhanwel Hybrid Seeds Ltd., Survey No. 289/1, Opp. Saffron School,, Rajkot- Kalawad Highway, At- Jashapar,, Jamnagar, Gujarat, 361160
Dhanwel Hybrid Seeds has set a price band of Rs 95–Rs 99 per share for an issue size of Rs 27 crore. The stock listed flat against its issue price.
Dhanwel Hybrid Seeds, incorporated in 2018, is one of the leading manufacturers of seeds, field crops, and vegetables. The firm develops and manufactures high-quality seeds by purchasing seed material from recognised institutions, research organisations, and the open market.
The issue is promoted by Mr. Kishankumar Gordhanbhai Meghani, Mr. Vimal Mansukhbhai Vekariya, Mr. Sudhir Mohanbhai Pilaliya and Mr. Nikul Mansukhbhai Vekariya with Wealth Mine Networks Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financi… (Rs 6 crore) and Funding the working capital requirements of our Company (Rs 13 crore).
Grey market is quoting a premium of +Rs 1 (+1.0% over issue price), down Rs 4 from the previous session. Final subscription data records overall subscription at 1.70x, retail at 3.08x, QIB at 1.00x, NII at 0.35x.
On fundamentals, the company is posting revenue growth of 69.0%, a profit margin of 8.2%, return on equity of 31.1% in its most recent reported period. Listed peers in this segment include Bombay Super Hybrid Seeds Limited (P/E 39.09x) and Upsurge Seeds of Agriculture Limited (P/E 14.00x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Dhanwel Hybrid Seeds IPO GMP — What It Means
The latest grey market premium for Dhanwel Hybrid Seeds IPO is ₹1 (+1.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Dhanwel Hybrid Seeds it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Dhanwel Hybrid Seeds GMP history and trend, or learn how grey market premium works and how reliable it is.
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