Dhanwel Hybrid Seeds Ipo
Dhanwel Hybrid Seeds IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Wealth Mine Networks Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 24, 2026 |
| IPO Close Date | June 29, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹95 to ₹99 Per Share |
| Issue Size | Approx ₹27 Crores |
| Fresh Issue | Approx ₹27 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,37,600 |
| Retail Maximum | 2 | 2,400 | ₹2,37,600 |
| S-HNI Minimum | 3 | 3,600 | ₹3,56,400 |
| S-HNI Maximum | 8 | 9,600 | ₹9,50,400 |
| B-HNI Minimum | 9 | 10,800 | ₹10,69,200 |
| Investor Category | Share 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% |
| IPO Open Date: | June 24, 2026 |
| IPO Close Date: | June 29, 2026 |
| Basis of Allotment: | June 30, 2026 |
| Refunds: | July 1, 2026 |
| Credit to Demat Account: | July 1, 2026 |
| IPO Listing Date: | July 2, 2026 |
| IPO Bidding Cut-off Time: | June 29, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 64,03,320 | 49.93% |
| Promoter Holding Post Issue | 91,03,320 | 35.11% |
| Purpose | Crores |
| Funding towards Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions | ₹6.00 |
| Funding the working capital requirements of our Company | ₹12.60 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹10.51 | ₹9.86 | ₹0.48 | ₹2.51 |
| 2024 | ₹35.49 | ₹32.86 | ₹1.91 | ₹7.89 |
| 2025 | ₹44.13 | ₹40.78 | ₹2.16 | ₹21.07 |
| 2026 | ₹74.59 | ₹66.26 | ₹6.12 | ₹36.99 |
| KPI | Values |
| ROE: | 31.11% |
| ROCE: | 49.36% |
| EBITDA Margin: | 12.38% |
| PAT Margin: | 8.20% |
| Debt to equity ratio: | 0.39 |
| Earning Per Share (EPS): | ₹9.56 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 31.11% |
| Net Asset Value (NAV): | ₹30.70 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bombay Super Hybrid Seeds Limited | 2.54 | 39.09 | 20.35% | 12.49 | 344.08 Cr. |
| Upsurge Seeds of Agriculture Limited | 7.43 | 14.00 | 12.06% | 61.47 | 110.44 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |