Dhanwel Hybrid Seeds IPO

ListedSMEFMCG
1.61×
Subscribed
Price band
₹99 – ₹99
Lot size
1,200
1 lot = ₹1,18,800
Issue size
₹26.73 Cr
Open – close
19 Aug 2026
to 21 Aug 2026
Listing
26 Aug 2026
Listing gain
+0.00%

What the filing actually says

Our read of the offer document and the exchange data — not the issuer's summary of itself

We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.

Dates

The issuer's tentative timetable — a date passing is not confirmation the step completed

  1. Opens
    19 Aug 2026
  2. Closes
    21 Aug 2026
  3. Allotment
    24 Aug 2026
  4. Listing
    26 Aug 2026

Demand and your odds

How the book filled, and what that means for an application

Subscription by category
Qualified institutionalQIB1.00x
Non-institutionalNII / HNI0.31x
Retail individualRII3.07x
Chance of allotment
Retail3.07× subscribed
~1 in 3.1
Minimum 2 lots · 2,400 shares · ₹2,37,600 blocked

Retail is 3.07× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 3.1 applications gets one lot. Bidding for extra lots does not improve these odds.

HNI / NII0.31× subscribed
Full allotment
Minimum 1 lot · 1,200 shares · ₹1,18,800 blocked

The HNI portion is under-subscribed at 0.31×, so applications should be allotted in full.

Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.

The offering

Terms, structure and who is selling

Terms
Price band₹99 – ₹99
Face value₹10
Lot size1,200shares
Minimum application₹1,18,800at cut-off
Total issue size₹26.73 Cr
Listing atSME platform
Company & valuation
ISININE0VWO01011
RegistrarCameo Corporate Services Ltd

What happened to comparable issues

The last 8 issues to list with a recorded opening price, most comparable first

Median listing gain
+14.5%
Listed up
7 of 8
Best
+90.0%
Shanti Inorganics
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
131.8× sub+90.0%
-0.7%
138.6× sub+22.1%
1.5× sub+6.9%
Dhaval Packagingsame segment
46.2× sub+13.4%

Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.

About Dhanwel Hybrid Seeds

Dhanwel Hybrid Seeds Limited is engaged in the seed business, covering the development, multiplication, processing, and supply of seeds for various field crops and vegetable varieties. The company undertakes seed production using improved genetic seed material sourced from recognised agricultural institutions, government-supported research organisations, and the open market. Seed cultivation is carried out through arrangements with identified farmers, where the company provides seed material, cultivation protocols, and technical support while monitoring crop quality through its field staff and agronomists. In addition to contract farming arrangements, the company also procures seeds directly from farmers and the open market based on operational requirements. Post-harvest, seeds are processed through cleaning, grading, treatment, and packaging at the company's processing facility located at Jashapar, Jamnagar district, Gujarat. The facility spans over 10,218 square feet and is equipped with processing infrastructure for quality control and storage. The company markets its products under the “Dhanwel Seeds” brand and holds ISO 9001:2015 certification.

Founded 2018MD Mr Kishankumar Gordhanbhai MeghaniSector FMCG

Offer documents

The primary sources everything above is drawn from

Common questions

How many times is the Dhanwel Hybrid Seeds IPO subscribed?

Dhanwel Hybrid Seeds is subscribed 1.61× overall (QIB 1.00×, NII 0.31×, retail 3.07×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Cameo Corporate Services Ltd.

What is the minimum investment in the Dhanwel Hybrid Seeds IPO?

One lot is 1,200 shares, so a retail application at the ₹99 cut-off price blocks ₹1,18,800. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.

What are the chances of allotment in the Dhanwel Hybrid Seeds IPO?

The retail portion is subscribed 3.07×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.

When is the Dhanwel Hybrid Seeds IPO allotment date?

Allotment is scheduled for 2026-08-24, with listing on 2026-08-26. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, Cameo Corporate Services Ltd.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.

Dhanwel Hybrid Seeds IPO — GMP, subscription & review | DocStoX