Dhanwel Hybrid Seeds IPO
Dhanwel Hybrid Seeds IPO closed on 21 Aug 2026. Allotment 24 Aug 2026, listing 26 Aug 2026. Price band ₹95–₹99, lot 1200 shares, GMP +₹1 (1.01%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹95–₹99 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,37,600 |
| Issue size | ₹26.73 Cr |
| GMP | +₹1 (1.01%) |
| Open date | 19 Aug 2026 |
| Close date | 21 Aug 2026 |
| Allotment date | 24 Aug 2026 |
| Listing date | 26 Aug 2026 |
About Dhanwel Hybrid Seeds
Dhanwel Hybrid Seeds Limited is engaged in the seed manufacturing business, covering the development, multiplication, processing, and supply of seeds for a range of field crops and vegetables. The company procures breeder and other genetic seed material from recognised agricultural institutions, government-supported research organisations, and the open market. Seed production is carried out through arrangements with seed-growing farmers, where the company provides seed material, cultivation protocols, and technical supervision, while monitoring crop quality through its agronomists and field staff. After harvest, seeds undergo cleaning, grading, treatment, quality checks, packing, and storage at the company’s processing facility in Jamnagar, Gujarat. The company also procures seeds directly from farmers and the open market when required and processes them before sale. Operating in a…
Strengths
- Operates an integrated seed business covering sourcing, production, processing, quality control, and distribution.
- Works with experienced agronomists, field staff, and technicians to maintain seed quality standards.
- Uses contract seed-growing farmers while also sourcing from farmers and the open market, providing procurement flexibility.
- Has a dedicated seed processing facility in Jamnagar equipped for cleaning, grading, treatment, packing, and storage.
- Markets its products under the “Dhanwel Seeds” brand and holds ISO 9001:2015 certification.
Risks
- A significant portion of revenue is generated from a limited number of customers.
- A significant portion of purchases is sourced from a limited number of suppliers.
- The business is exposed to inflation, which can increase raw material and labour costs.
- Seed production depends on contract farmers and agricultural cultivation activities.
- The company operates in a competitive seed industry with several established players.