GMP IPO Watch
Dhanwel Hybrid Seeds IPO 2026: ₹26.73 Crore SME Issue, Seed Business Growth, Financial Performance & Expansion Outlook
Dhanwel Hybrid Seeds IPO was a ₹26.73 crore BSE SME issue priced at ₹95–₹99 per share. The...
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D
SME IPO
LISTED
BSE SME
DHANWEL
Dhanwel Hybrid Seeds IPO
Dhanwel Hybrid Seeds IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹1
+1.0%
Est. Listing: ₹100.00
Price Band
₹95 - ₹99
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,37,600
Issue Size
₹26.73 Cr
Total Public Offering
Issue Dates
18 August 2026 – 20 August 2026
Bidding period
Subscription
1.62x
Total overall demand
Dhanwel Hybrid Seeds IPO Details
Key facts at a glance| IPO Open Date | 18 August 2026 | IPO Close Date | 20 August 2026 |
|---|---|---|---|
| Basis of Allotment | 23 August 2026 | Listing Date | 25 August 2026 |
| Price Band | ₹95 - ₹99 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,37,600 |
| Total Issue Size | ₹26.73 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Dhanwel Hybrid Seeds IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 18 August 2026 | Confirmed |
| IPO Close Date | 20 August 2026 | Confirmed |
| Basis of Allotment | 23 August 2026 | Tentative |
| Initiation of Refunds | 25 August 2026 | Tentative |
| Credit of Shares to Demat | 25 August 2026 | Tentative |
| IPO Listing Date | 25 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 21 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Dhanwel Hybrid Seeds IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,37,600 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,37,600 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,56,400 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,50,400 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹10,69,200 |
Dhanwel Hybrid Seeds IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹1 +1.0%
Estimated Listing Price
₹100.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 21 Aug 2026 | ₹5 | ₹104.00 | +5.05% |
| 20 Aug 2026 | ₹10 | ₹109.00 | +10.10% |
| 19 Aug 2026 | ₹0 | ₹99.00 | 0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Dhanwel Hybrid Seeds IPO Subscription Status
Demand breakdown by investor category
Retail
3.08x
QIB
1.00x
NII / HNI
0.31x
Total
1.62x
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 single business segment, it generates revenue from the sale of seeds marketed under the “Dhanwel Seeds” brand and follows an integrated approach encompassing sourcing, production, quality control, and distribution.
Key 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.
Key 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.
Dhanwel Hybrid Seeds IPO Reservation & Share Quotas
The Dhanwel Hybrid Seeds IPO reservation is divided among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and other applicable categories.
As per the provided allocation, 28,800 shares, representing approximately 1.07%, are allocated to the QIB category excluding anchor investors. The NII and Retail categories are each offered 12,67,200 shares, representing approximately 46.93% of the issue for each category.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 28,800 Shares | 1.07% |
| NII Shares Offered | 12,67,200 Shares | 46.93% |
| Retail Shares Offered | 12,67,200 Shares | 46.93% |
Note: The above table summarizes the provided category-wise reservation for the Dhanwel Hybrid Seeds IPO. Investors should check the final offer document and exchange announcements for the final number of shares available under each investor category.
Dhanwel Hybrid Seeds IPO Important Dates
The Dhanwel Hybrid Seeds IPO opens for subscription on August 19, 2026 and closes on August 21, 2026. Investors can submit their IPO applications during this three-day subscription period.
The Dhanwel Hybrid Seeds IPO allotment is expected to be finalized on August 24, 2026. Refunds for unsuccessful applicants and credit of shares to successful investors' demat accounts are scheduled for August 25, 2026. The shares are scheduled to list on the BSE SME platform on August 26, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 19, 2026 |
| IPO Close Date | August 21, 2026 |
| Basis of Allotment | August 24, 2026 |
| Refunds | August 25, 2026 |
| Credit to Demat Account | August 25, 2026 |
| IPO Listing Date | August 26, 2026 |
Note: The above table summarizes the Dhanwel Hybrid Seeds IPO timeline, including the opening date, closing date, basis of allotment, refund initiation, demat credit and proposed BSE SME listing date.
Dhanwel Hybrid Seeds IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 19 Aug 2026 |
| IPO Close Date | 21 Aug 2026 |
| Basis of Allotment | 24 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 26 Aug 2026 |
Note: The timeline for धनवेल हाइब्रिड सीड्स IPO is tentative and subject to change.
Dhanwel Hybrid Seeds Objects of the Issue & Utilisation of Proceeds
Dhanwel Hybrid Seeds proposes to utilise the proceeds from the fresh issue primarily towards repayment or prepayment of existing borrowings and funding the company's working capital requirements. A portion of the proceeds will also be used for general corporate purposes.
The company plans to utilise approximately ₹7.60 crores towards repayment or prepayment of borrowings availed from banks and financial institutions. Another ₹11.60 crores is proposed to be deployed towards working capital requirements to support the company's ongoing business operations.
| Purpose | Amount |
|---|---|
| Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions | ₹7.60 Cr. |
| Funding the working capital requirements of the Company | ₹11.60 Cr. |
| General Corporate Purpose | ₹- |
Note: The specified allocations towards repayment of borrowings and working capital requirements total approximately ₹19.20 crores. The remaining net proceeds may be utilised towards general corporate purposes and other applicable issue-related requirements as specified in the offer document.
Dhanwel Hybrid Seeds Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Dhanwel Hybrid Seeds Company Financial Report
Dhanwel Hybrid Seeds reported growth in revenue and profitability between FY2024 and FY2026. Revenue increased from ₹35.49 crores in FY2024 to ₹44.13 crores in FY2025 and further reached ₹74.59 crores in FY2026.
Profit After Tax (PAT) increased from ₹1.91 crores in FY2024 to ₹2.16 crores in FY2025 and reached ₹6.12 crores in FY2026. The company's total assets also expanded from ₹7.89 crores in FY2024 to ₹36.99 crores in FY2026.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹35.49 Cr. | ₹32.86 Cr. | ₹1.91 Cr. | ₹7.89 Cr. |
| 2025 | ₹44.13 Cr. | ₹40.78 Cr. | ₹2.16 Cr. | ₹21.07 Cr. |
| 2026 | ₹74.59 Cr. | ₹66.26 Cr. | ₹6.12 Cr. | ₹36.99 Cr. |
Amount in ₹ Crores: The above table summarizes Dhanwel Hybrid Seeds' revenue, expenses, Profit After Tax (PAT) and total assets from FY2024 to FY2026. The reported figures show expansion in revenue, profitability and the company's asset base over the three-year period.
Dhanwel Hybrid Seeds Company Financial Report
To Be Updated Soon
Dhanwel Hybrid Seeds Company Valuation & Key Performance Indicators
To Be Updated Soon
Dhanwel Hybrid Seeds Peer Group Comparison
To Be Updated Soon
Dhanwel Hybrid Seeds IPO FAQs
Dhanwel Hybrid Seeds IPO opens for subscription on 18 August 2026 and closes on 20 August 2026.
The price band for Dhanwel Hybrid Seeds IPO is set at ₹95.00 to ₹99.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,37,600).
The latest Grey Market Premium (GMP) for Dhanwel Hybrid Seeds IPO is ₹1. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Dhanwel Hybrid Seeds IPO is tentatively scheduled for 23 August 2026, and shares are expected to list on the stock exchanges on 25 August 2026.
The registrar details will be confirmed in the official prospectus.
Dhanwel Hybrid Seeds IPO Analysis & Articles
