IPO Synopsis

Dharmaj Crop Guard Ltd

Registered Office: Plot No 408 to 411 Off NH-8,Kerala GIDC Estate Bavla Taluk, Ahmedabad - 382220, Gujarat, India. Phone : 91-79-29603735   Fax: Email : cs@dharmajcrop.com Website :www.dharmajcrop.com

Initial public offering of 10,596,924^ equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 237 per equity share, including a premium of Rs. 227 per equity share, (the "Offer Price"), aggregating to Rs. 251.09 crores^, comprising of a fresh issue of to 9,113,924^ equity shares aggregating to Rs. 215.95 crores^ by the company ("Fresh Issue") and an offer for sale of 709,500^ equity shares by Manjulaben Rameshbhai Talavia, 656,000^ equity shares by Muktaben Jamankumar Talavia, 87,500^ equity shares by Domadia Artiben and 30,000^ equity shares by Ilaben Jagdishbhai Savaliya (collectively, the "Selling Shareholders"), aggregating to 1,483,000^ equity shares ("Offered Shares") aggregating to Rs. 35.15 crores^ (the "Offer for Sale" and together with the fresh issue, the"Offer"). The offer includes a reservation of to 55,000^ equity shares aggregating to Rs. 1.25 crores^ for subscription by eligible employees (constituting 0.16% 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 31.35% and 31.19%, respectively, of the post-offer paid-up equity share capital of the company. ^Subject to finalisation of the basis of allotment The face value of equity shares is Rs. 10 each. The offer price is 23.70 times the face value of the equity shares. Issue Opens On Closes On 28-Nov-22 30-Nov-22 Money Payable On Application Allotment 237.00 0.00 Minimum Application for shares in Nos : 60 Further Multiples of : 60 Cr Lead Managers to the Issue Project Cost (.Cr) 201.44 Elara Capital (India) Pvt Ltd Project Financed through Current Offer (.Cr) 251.09   Post Issue Equity Share Capital (.Cr) 33.80 Issue Price () 237.00

Projects

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

BSE

NSE

Registrar to the Issue

No Data Available