Dharmaj Crop Guard IPO subscribed 35.49 times, may be listed at Rs.
The IPO of Dharmaj Crop Guard became famous among the investors as soon as it opened on Monday. When the IPO closed on Wednesday, it was subscribed more than 35 times. Now the eyes of the investors are on its listing.
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Dharmaj Crop Guard IPO (Dharmaj Crop Guard IPO) subscribed 35.49 times in the last day (Dharmaj Crop Guard Subscription) has been done. This IPO opened on Monday and was fully subscribed on the very first day. After a long time, an IPO has received such a tremendous response in the stock market. Now immediate profit booking from the shares of this company (Profit Booking in Stock Market) Investors eye for its listing (Dharmaj Crop Guard IPO Listing Date) is on.
Bids came for so many shares
According to NSE data, the company had set a target of raising Rs 251.14 crore from this IPO. For this, 80,12,990 shares were offered. The company has received bids for a total of 28,43,51,820 shares. Dharmaj Crop Guard has raised Rs 74.95 crore from anchor investors.
This IPO of the company was subscribed 52.29 times in the non-institutional category. While the category of Qualified Institutional Investors (QIB) got 48.21 times subscription. On the other hand, the company’s IPO was subscribed 21.53 times in the category of retail investors.
IPO price band
In the IPO of Dharmaj Crop Guard, the company has issued new shares worth Rs 216 crore. Apart from this, 14,83,000 shares have been kept for offer for sale. Share price range in this IPO (Dharmaj Crop Guard IPO Price Range) 216-237 was kept at Rs.
This can be listed at Rs.
The IPO shares will be listed on 8 December. The shares of the company are expected to be credited in the demat account of the investors by December 6. gray marque (Dharmaj Crop Guard GMP) If we look at the trend, it can be listed at Rs.299. That is, a premium of 26.16 percent can be found on its share price.
Dharmaj Crop Guard is a company working in the agro-chemical sector. It caters to business 2 customers as well as business 2 business segment. The company deals in manufacturing of various types of insecticides and fertilisers. Its business is spread in more than 20 countries. It mainly exports to the countries of Latin America, East Africa, West Asia.
English Headline : Dharmaj Crop Guard IPO subscribed more than 35 times on last day now investors waiting for listing.
