Dhanwel Hybrid Seeds Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Dhanwel Hybrid Seeds Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹99
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,18,800
Issue Size
₹26.73 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
49.44%
QIB Quota
1.12%
NII Quota
49.44%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Dhanwel Hybrid Seeds Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
49.93%
Promoter Holding (Post-Issue)
35.12%
Issue Type
Book Building - SME
ISIN
INE0VWO01011
About the Company
Our Company is engaged in the business of seed manufacturing, which includes the development, multiplication, processing, and supply of seeds for a variety of field crops and vegetables. The seed production process is carried out in a structured manner across multiple stages and involves the use of improved genetic seed material procured from recognised sources. Such seed material is multiplied, processed, conditioned, and handled in accordance with prescribed agronomic and processing practices to produce seeds suitable for agricultural use, including seeds supplied to farmers for crop cultivation.
Industry Overview
The current India seed market size stands at USD 3.82 billion in 2025 and is projected to reach USD 5.00 billion by 2030, reflecting a forecast CAGR of 5.55%. Sustained policy support, rising certified-seed penetration, and expanding climatesmart varieties continue to anchor industry resilience. Government programs such as the National Mission on High-Yielding Seeds and the Clean Plant Program are fast-tracking premium seed adoption by funding disease-free planting material hubs, demonstration plots, and village-level clusters. Row crops dominate revenue because cereals, oilseeds, and fiber crops align with food-security and import-substitution priorities, while hybrids retain farmer loyalty thanks to consistent yield premiums under erratic rainfall. Meanwhile, protected cultivation and digital traceability pilots are opening lucrative niches for specialized vegetable and high-value seed segments. Competitive intensity is low because multinational pipelines compete with regionally adapted portfolios, yet counterfeit trade and GM regulatory uncertainty exert margin pressure.
Company History
Our Company was originally formed as a partnership firm under the name `Super Vegetable Seeds' ("Partnership Firm") pursuant to a deed of partnership dated January 01, 2018 under the Indian Partnership Act, 1932 ("Partnership Act"). Subsequently, Fresh Certificate of Registration dated August 30, 2022 bearing number GUJRJ111794 was issued by Registrar of Firms. The partnership firm was thereafter converted from `Super Vegetable Seeds' into Public Limited Company under Section 366 Part I of Chapter XXI of the Companies Act, 2013, as `Dhanwel Hybrid Seeds Limited', pursuant to a certificate of incorporation dated February 20, 2024 issued by the Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is U46101GJ2024PLC148851.
Growth Strategy
- Expanding Customer Reach and Market Presence.
- Brand building and promotion.
- Continue to strive for cost efficiency.
- Focus on consistently meeting quality standards.
- Establish and strengthen Long Term Relationship with clients.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
initial public issue of upto 27,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Dhanwel Hybrid Seeds Limited ("Dhanwel" or the "Company" or "the Issuer") for cash at a price Rs. 99 per equity share (including a share premium of Rs. 89 per equity share) ("the Issue Price") aggregating upto Rs. 26.73 Crores, of which 1,36,800 equity shares of face value of Rs.10/- each for cash at a price of Rs. 99 per equity share including a share premium of Rs. 89 per equity share aggregating upto Rs. 1.35 Crores will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of upto 25,63,200 equity shares of face value of Rs.10/- each at an issue price of Rs. 99 per equity share including a share premium of upto Rs. 89 aggregating to Rs. 25.38 Crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute upto 29.66% and 28.16%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 99.00 per equity share of face value of Rs. 10.00 each. The floor price is 9.9 times the face value of the equity shares. Bids can be made for a minimum of 2 lots of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Wide Range of Seeds and its Variants.
- Quality Assurance.
- Customer Satisfaction.
- Experienced Promoter supported by dedicated Management team
- Order Book Visibility.
- The company's business is subject to seasonality and climatic conditions, which could impact demand for its products and affect the company's financial performance.
- Certain delays, discrepancies and Omissions has been detected in the company's statutory records, as well as in records related to the submission of returns to the concerned Registrar of Companies.
- Major portion of the company's transactions is conducted in cash, which may expose it to operational, regulatory, and financial risks.
- Certain delays in statutory filings under the Companies Act, 2013 may lead to financial and regulatory consequences for the Company.
- Non-compliance with certain procedural requirements under Section 42 of the Companies Act, 2013 relating to a private placement of equity shares may expose the Company to regulatory action, penalties, and other adverse consequences.