Dhanlaxmi Crop Science IPO Allotment Status

Summary

Dhanlaxmi Crop Science IPO has closed with an exceptional response from investors, achieving a remarkable final subscription of 555.83 times by December 11, 2024, at 5:17:59 PM (Day 3). The public issue demonstrated overwhelming investor interest across categories, with the Non-Institutional Investors (NII) segment leading the momentum. The NII category showed extraordinary enthusiasm with 1,241.27 times subscription, reflecting unprecedented investor confidence. The Retail category displayed strong interest with 441.18 times subscriptions, while the QIB portion was subscribed 197.65 times. The Market Maker and Anchor Investors portions were fully subscribed. This book-built SME issue has attracted a total of 3,63,308 applications, indicating exceptional market interest in the company's seed technology and agricultural business.

How to Check Dhanlaxmi Crop Science IPO Allotment Status:

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How to Check Dhanlaxmi Crop Science IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Bigshare Services Pvt Ltd (https://www.bigshareonline.com/ipo_Allotment.html)

Step 2: From the dropdown menu, select Dhanlaxmi Crop Science IPO

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number

Step 4: Enter the information relevant to the mode you have chosen

Step 5: For security purposes, fill out the captcha accurately

Step 6: Click "Submit."

How to Check Dhanlaxmi Crop Science IPO Allotment Status on NSE SME:

Step 1: Visit the NSE SME website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)

Step 2: Look for the IPO Allotment Status section

Step 3: Select "Dhanlaxmi Crop Science Limited" from the dropdown menu

Step 4: Enter your application number and PAN ID

Step 5: Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

• Log into your Internet Banking: Go to your bank's website or mobile app and log in.
• Explore IPO Section:  Locate the "IPO Services" or "Application Status" sections
• Offer Required Information: Provide information like your PAN, application number, or other identifiers
• Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.
• Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account:

• Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP).
• Find IPO Section: Look for the section titled "IPO" or "Portfolio".
• Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.
• Verify with Registrar: I If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.
• Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Dhanlaxmi Crop Science IPO Timeline:

Dhanlaxmi Crop Science IPO Subscription Status 

Dhanlaxmi Crop Science IPO received 555.83 times subscription with 3,63,308 applications. By December 11, 2024 at 5:17:59 PM (Day 3), the detailed subscription status revealed a clear pattern of growing investor confidence:

Subscription Day 3 (as of December 11, 2024, on 5:17:59 PM)

Total Subscription: 555.83 times
QIB: 197.65 times 
NII: 1,241.27 times
Retail investors: 441.18 times 
 

Subscription Day 2 (December 10, 2024)

Total Subscription: 67.28 times
QIB: 1.35 times
NII: 64.22 times
Retail investors: 102.05 times

Subscription Day 1 (December 9, 2024)

Total Subscription: 18.98 times
QIB: 1.32 times
NII: 13.22 times
Retail investors: 30.44 times

Dhanlaxmi Crop Science IPO Details 

Dhanlaxmi Crop Science's initial public offering (IPO) is a book built issue of ₹23.80 crores. This offering consists entirely of a fresh issue of 43.28 lakh shares.

The bidding process commenced on December 9, 2024 and concluded on December 11, 2024. The allotment results are anticipated to be finalised on December 12, 2024. Furthermore, the shares of Dhanlaxmi Crop Science are set to be listed on NSE SME, with a provisional listing date scheduled for December 16, 2024.

The price band is set at ₹52-55 per share. Investors must apply for a minimum lot size of 2,000 shares, which requires a minimum investment of ₹110,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (4,000 shares), totalling ₹220,000.

Finshore Management Services Limited serves as the book running lead manager for the IPO, while Bigshare Services Pvt Ltd is designated as the registrar for this offering. Mnm Stock Broking is the market maker for this offering.