Dhanwel Hybrid Seeds Limited, a Gujarat-based seed manufacturing company, is launching its initial public offering (IPO) on the BSE SME platform. The IPO gives retail and other investors a window to bid for shares of the company before it lists on the exchange. Below is a complete, easy-to-read breakdown of the price band, key dates, lot size, issue structure, and business snapshot of the Dhanwel Hybrid Seeds IPO 2026.
Dhanwel Hybrid Seeds IPO: Key Details at a Glance
IPO Opening Date | Wednesday, August 19, 2026 |
IPO Closing Date | Friday, August 21, 2026 |
Price Band | ₹95 to ₹99 per equity share |
Face Value | ₹10 per equity share |
Lot Size | 1,200 equity shares |
Minimum Retail Investment | 2 lots (2,400 shares) = ₹2,37,600 at upper price band |
HNI Minimum Investment | 3 lots (3,600 shares) = ₹3,56,400 |
Issue Type | Book-Built Issue (100% Fresh Issue, no Offer for Sale) |
Total Issue Size | 27,00,000 equity shares aggregating up to ₹26.73 crore |
Listing Exchange | BSE SME Platform |
Tentative Allotment Date | Monday, August 24, 2026 |
Refund / Demat Credit | Tuesday, August 25, 2026 |
Tentative Listing Date | Wednesday, August 26, 2026 |
Registrar to the Issue | Cameo Corporate Services Limited |
Book Running Lead Manager | Wealth Mine Networks Limited |
Market Maker | Aikyam Capital Pvt. Ltd. |
IPO Timeline: Important Dates to Remember
Price Band and Lot Size Explained
The price band for the Dhanwel Hybrid Seeds IPO has been fixed at ₹95 (lower end) to ₹99 (upper end) per equity share, with a face value of ₹10 each. The applicable lot size is 1,200 equity shares, and retail investors are required to apply for a minimum of 2 lots (2,400 shares).
• Minimum lot: 2,400 shares → ₹2,28,000 (lower band) to ₹2,37,600 (upper band)
• Retail investor quota: 35% of the net issue
• Qualified Institutional Buyer (QIB) quota: 50% of the net issue
• Non-Institutional Investor (HNI) quota: 15% of the net issue
• Application modes: ASBA (through net banking) or UPI (through brokers)
IPO Structure and Objects of the Issue
The Dhanwel Hybrid Seeds IPO is a 100% fresh issue of 27,00,000 equity shares, with no offer-for-sale (OFS) component. Of this, a portion is reserved for the market maker, while the balance forms the net issue offered to the public. Since there is no OFS, the entire issue proceeds and will flow directly to the company. As per the offer documents, the funds raised are proposed to be used for:
• Repayment or prepayment of certain borrowings availed by the company
• Funding working capital requirements
• General corporate purposes
Company Snapshot: Business & Financial Performance
Incorporated in 2018 and based in Jamnagar, Gujarat, Dhanwel Hybrid Seeds Limited is engaged in the development, multiplication, processing, and supply of seeds for field crops and vegetables under its own seed brand. Its operations cover sourcing genetic seed material from recognized sources, multiplication through contract and direct procurement, and processing at its own facility, supported by ISO 9001:2015 certification. The product range spans oilseeds, pulses, spices, and other crop categories.
Revenue grew from ₹44.13 crore (FY25) to ₹74.59 crore (FY26); net profit rose from ₹2.16 crore to ₹6.12 crore over the same period.
How to Apply for the Dhanwel Hybrid Seeds IPO
• Log in to your broker's trading app or your bank's net banking/ASBA facility
• Search for 'Dhanwel Hybrid Seeds Limited' in the IPO section
• Select the number of lots (minimum 2 lots for retail investors) within the price band
• Enter your UPI ID (for UPI applications) or authorise via ASBA
• Approve the mandate request in your UPI app to block the application amount
• Track allotment status on the registrar's website using PAN, application number, or DP/Client ID
Points Investors Should Note
• This is an SME IPO listing on the BSE SME platform, which typically carries different liquidity and trading characteristics compared to mainboard listings
• The minimum application size is relatively high, requiring over ₹2.3 lakh for one retail application
• The seed business is seasonal and depends on monsoon conditions, sowing cycles, and farmer demand
• As with any IPO, allotment is subject to demand and subscription levels across investor categories
• Interested applicants are encouraged to go through the company's Red Herring Prospectus (RHP) for complete details before making any decisions
Frequently Asked Questions (FAQs)
1. When does the Dhanwel Hybrid Seeds IPO open and close?
The IPO opens for subscription on August 19, 2026, and closes on August 21, 2026.
2. What is the price band of the Dhanwel Hybrid Seeds IPO?
The price band is fixed at ₹95 to ₹99 per equity share, with a face value of ₹10 per share.
3. What is the lot size for this IPO?
The lot size is 1,200 equity shares. Retail investors must apply for a minimum of 2 lots (2,400 shares).
4. What is the minimum investment amount required?
At the upper price band, the minimum retail investment is ₹2,37,600 for 2 lots (2,400 shares).
5. What is the total issue size of the IPO?
The total issue size is up to ₹26.73 crore, comprising 27,00,000 equity shares through a 100% fresh issue with no offer for sale.
6. On which exchange will Dhanwel Hybrid Seeds shares be listed?
The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of August 26, 2026.
7. When will the IPO allotment be finalized?
The basis of allotment is tentatively scheduled to be finalized on August 24, 2026.
8. Who is the registrar for the Dhanwel Hybrid Seeds IPO?
Cameo Corporate Services Limited is the registrar to the issue.
9. How can I apply for the IPO?
Applications can be made online through ASBA via net banking or through UPI-enabled broker platforms during the subscription window.
10. What does Dhanwel Hybrid Seeds Limited do?
The company is engaged in the development, multiplication, processing, and supply of seeds for field crops and vegetables, operating from its facility in Jamnagar, Gujarat.
Disclaimer:
This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.
