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Dharmaj Crop Guard Ltd
Registered Office:
Plot No 408 to 411 Off NH-8,Kerala GIDC Estate Bavla Taluk, Ahmedabad - 382220, Gujarat, India.
Initial public offering of up to [*] equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. [*] per equity share, including a premium of Rs. [*] per equity share, (the "Offer Price") aggregating up to Rs. [*] crores, comprising of a fresh issue of up to [*] equity shares aggregating up to Rs. 216.00 crores by the company ("Fresh Issue") and an offer for sale of up to 709,500 equity shares by Manjulaben Rameshbhai Talavia, 656,000 equity shares by Muktaben Jamankumar Talavia, up to 87,500 equity shares by Domadia Artiben and up to 30,000 equity shares by Ilaben Jagdishbhai Savaliya (collectively, the "Selling Shareholders"), aggregating up to 1,483,000 equity shares ("Offered Shares") aggregating up to Rs. [*] crores (the "Offer for Sale" and together with the fresh issue, the "Offer". The offer includes a reservation of up to 55,000* equity shares aggregating up to Rs. [*] crores* for subscription by eligible employees (which shall not exceed 5% of the post-offer equity share capital of the company) (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. *The company and the selling shareholders in consultation with the brlms, may offer a discount of up to 5% of the offer price to eligible employees bidding in the employee reservation portion. The Price Band is Rs. 216 to Rs. 237 The floor price is 21.6 times of the facve value of the equity share and the cap price is 23.7 times of the face value. The minimum lot size is 60 equity shares.
Opens On Closes On
28-Nov-22 30-Nov-22
Money Payable On
Application Allotment
216.00 0.00
Minimum Application for shares in Nos : 60  Further Multiples of : 60
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Elara Capital (India) Pvt Ltd
Project Financed through Current Offer () 248.03  
Post Issue Equity Share Capital () 0.00  
Issue Price () 216.00  
Funding Capital Expenditure towards setting up of a manufacturing facility at Saykha Bharuch Gujarat
Funding Incremental Working Capital Requirements
Repayment and/or Pre-Payment, in full and/or part, of certain Borrowings of the Company
General Corporate Purposes
Promoted By
Rameshbhai Ravajibhai Talavia
Jamankumar Hansarajbhai Talavi
Jagdishbhai Ravjibhai Savaliya
Listing At
Registrar to the Issue