Dhanwel Hybrid Seeds came to market through an SME IPO that opened on 19 August 2026 and closed on 21 August 2026, and the shares listed on 26 August 2026 on BSE SME. The price band was ₹95 to ₹99 per share and one lot was 1200 shares, so the minimum application was ₹1,18,800. The issue size was ₹26.73 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹99, flat against the issue price of ₹99. Cameo Corporate Services Limited was the registrar to the issue, and Wealth Mine Networks Pvt.Ltd was the lead manager.
As of 21 August 2026.
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Overall the issue was subscribed 1.71 times.
Since its incorporation in 2018, Dhanwel Hybrid Seeds Limited deals with the manufacturing and distribution of high-quality seeds for different field crops and vegetable varieties. Through an advanced process of seed development, it obtains the best seed material either from known seed sources, such as recognized research organizations or directly from the market. The seed manufacturing process involves several stages, including growing, processing, quality testing, and packaging.
These include Groundnut seeds, Soybean seeds, Gram seeds, Sesame seeds, Wheat seeds, Green gram seeds, Black gram seeds, Fenugreek seeds, and Cumin seeds among others. The Company relies on selected farmers who grow seeds as per the stipulated instructions and supervisions offered by the Company. These farmers receive seed material along with expert advice from the Company, which monitors the growth of their crops very carefully.
The seeds collected after harvest undergo the processes of cleaning, grading, treating, and packaging at the Company's facility located at Jashapar, Jamnagar.
As described in the offer document.
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Mr. Kishankumar Gordhanbhai Meghani, Mr. Vimal Mansukhbhai Vekariya, Mr. Sudhir Mohanbhai Pilaliya, Mr. Nikul Mansukhbhai Vekariya. Promoter holding 49.93% before the issue and 35.11% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Dhanwel Hybrid Seeds IPO was a ₹26.73 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹95–₹99 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,37,600). The IPO was open from August 19 to August 21, 2026 and was subscribed 1.71x. Shares listed on BSE SME on August 26, 2026 at ₹99, in line with the issue price of ₹99. Cameo Corporate Services Ltd. is the registrar.
Wealth Mine Networks Pvt. Ltd. is the book running lead manager.
The price band of Dhanwel Hybrid Seeds IPO is ₹95 to ₹99 per share.
The lot size of Dhanwel Hybrid Seeds IPO is 1200 shares.
The minimum investment for Dhanwel Hybrid Seeds IPO is approximately ₹2,37,600 based on the upper price band.
The allotment date of Dhanwel Hybrid Seeds IPO is Aug 24, 2026.
You can check Dhanwel Hybrid Seeds IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dhanwel Hybrid Seeds IPO allotment status on Rupix for quick and easy access.
₹95 to ₹99 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,18,800. After listing, SME shares also trade in lots rather than one share at a time.
₹1,18,800, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 19 August 2026 and closed on 21 August 2026.
The basis of allotment was published on 24 August 2026 by Cameo Corporate Services Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 26 August 2026 on BSE SME, opening at ₹99.
The issue size was ₹26.73 crore. The fresh issue was 27,00,000 shares (aggregating up to ₹26.73 crore).
It listed at ₹99 against an issue price of ₹99, a gain of 0 percent on listing day.