Dhanwel Hybrid Seeds Limited IPO — Subscription & GMP

listedSMEBSENSE: DHANWELBSE: DHANWELBSE code: 4755
Grey market premium
—
Est. listing gain
—
Subscribed
1.62×
exchange data · 37 d ago
Min. investment
₹1,18,800
1200 shares × ₹99
Price band
₹95 – ₹99
Lot size
1200
Issue size
₹26.73 Cr
Bidding
19 Aug 2026 → 21 Aug 2026
Allotment
—
Listing
26 Aug 2026

Listing outcome

Official exchange prices
Listed at₹99vs ₹99 issue price
0.00%listing gain
Listing date26 Aug 2026
Day 1 close₹94 (-5.00%)
SourceExchange bhavcopy

No grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.

Schedule

  1. 19 Aug 2026IPO open date
  2. 21 Aug 2026IPO close date
  3. 24 Aug 2026Allotment date†
  4. 24 Aug 2026Funds unblock or debit†
  5. 26 Aug 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Dhanwel Hybrid Seeds Limited is an agricultural seed manufacturing company that develops, processes, and distributes hybrid and non-hybrid seeds for a wide variety of field crops and vegetables under the "Dhanwel Seeds" brand. Core Offerings: The company provides a diverse portfolio of seeds for crops such as groundnut, soybean, sesame, wheat, cumin, and various vegetables. Asset-Light Sourcing (Contract Farming): Instead of owning large tracts of agricultural land, Dhanwel utilizes a contract farming network. It provides breeder and foundation seeds, cultivation protocols, and technical supervision to partner farmers who grow the crops. To mitigate supply risks, it also retains the flexibility to procure seeds directly from the open market. Processing Infrastructure: Post-harvest, the seeds are transported to the company's centralized, ISO-certified processing facility in Jamnagar, Gujarat. Here, they undergo automated cleaning, precision grading, chemical treatment (to enhance storability), moisture testing, and packaging to ensure high germination rates and quality compliance. Revenue Generation: The company generates revenue through the commercial supply of these processed, certified seeds to the agricultural market. Its diversified crop portfolio helps manage seasonal demand fluctuations and caters to varying farmer requirements across different regions.

We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.
GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange
No grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.

Subscription status

Live from BSE · fetched 898 hr ago
Overall subscribed
1.62×
exchange data, 37 d ago
QIB
1.00×
28,800 of 28,800 shares
NII
0.31×
4.40 L of 14.04 L shares
Retail
3.08×
39.02 L of 12.67 L shares
CategoryShares offeredShares bid forSubscribed
1Qualified Institutional Buyers (QIBs)28,80028,8001.00×
1(a)Foreign Institutional Investors (FIIs)———
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)———
1(c)Mutual Funds———
2Non Institutional Investors14.04 L4.40 L0.31×
2(a)Corporates—1.52 L—
2(b)Individuals (Other than RIIs)—2.88 L—
2(c)Others———
3Retail Individual Investors (RIIs)12.67 L39.02 L3.08×
3(a)Cut Off———
3(b)Price Bids—39.02 L—
4Employee Reserved—0—
4(a)Employee (Cut off)———
4(b)Employee (Price)———
5Reservation PortionShareholder—0—
5(a)RPS (Cut off)———
5(b)RPS (Price)———
Total27.00 L43.72 L1.62×

Source: NSE issue information · BSE public issue

Demand curve

Shares bid at each price point · BSE

₹95 → ₹99 · peak 43.72 L shares bid

Allotment status

You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.

Issue details

Price band
₹95 – ₹99
Lot size
1200 shares
Min. bid quantity
2400
Face value
₹10.00
Tick size
₹1.00
Shares offered
27.00 L
Issue size
₹26.73 Cr
Max bid · QIB
25.63 L
Max bid · NII
25.34 L

Timeline & process

Bidding opens
19 Aug 2026
Bidding closes
21 Aug 2026
Allotment
—
Listing
26 Aug 2026

Intermediaries

Registrar
Cameo Corporate Services Limited
Sponsor bank
KOTAK BANK
Lead managers
Wealth Mine Networks Limited