Dhanwel Hybrid Seeds Limited IPO — Subscription & GMP
- 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 pricesNo grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.
Schedule
- 19 Aug 2026IPO open date
- 21 Aug 2026IPO close date
- 24 Aug 2026Allotment date†
- 24 Aug 2026Funds unblock or debit†
- 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 returnsDhanwel 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.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from BSE · fetched 898 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers (QIBs) | 28,800 | 28,800 | 1.00× |
| 1(a)Foreign Institutional Investors (FIIs) | — | — | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | — | — |
| 1(c)Mutual Funds | — | — | — |
| 2Non Institutional Investors | 14.04 L | 4.40 L | 0.31× |
| 2(a)Corporates | — | 1.52 L | — |
| 2(b)Individuals (Other than RIIs) | — | 2.88 L | — |
| 2(c)Others | — | — | — |
| 3Retail Individual Investors (RIIs) | 12.67 L | 39.02 L | 3.08× |
| 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) | — | — | — |
| Total | 27.00 L | 43.72 L | 1.62× |
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