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Dharmaj Crop Guard Ltd IPO

  • Min. Investment12960/ 60 Shares
  • Min. Quantity60
  • Price Range₹216 - ₹237
  • Date Range28 Nov 22 - 30 Nov 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date28 Nov 2022
  • Application End Date30 Nov 2022
  • Allotment begins
  • Refund Initiation Date06 Dec 2022
  • Allotment Date05 Dec 2022
  • Listing On Exchange08 Dec 2022
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.91-22-4918 6200
  • Email IDDharmaj.crop@linkintime.co.in
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 302.41 394.21 533.55
Net Profit 20.96 28.69 33.11
Total Assets 128.97 219.55 438.52
Strengths
  • Diversified portfolio of its products and consistent focus on quality and innovation;
  • Strong R&D capabilities with focus on innovation and sustainability;
  • Established distribution network with strong branded products and stable relationship with its institutional customers;
  • Experienced Promoters and management team;
  • Track record of strong operational and financial performance.
Risks
  • The company require certain approvals and licenses in the ordinary course of business, including certain registrations from the Central Insecticides Board and Registration Committee ("CIB&RC") for its agrochemicals and any failure to successfully obtain such registrations or maintain its statutory and regulatory permits and approvals required to operate its business and manufacturing facility would adversely affect its operations, results of operations and financial condition.
  • The company is subject to strict technical specifications, quality requirements, regular inspections and audits by its customers and its failure to comply with the quality standards and technical specifications prescribed by such customers may lead to loss of business from such customers and could negatively impact its reputation, which would have an adverse impact on ths business prospects and results of operations.
  • The company typically do not enter into long-term agreements with majority of its customers, which would have a material adverse effect on its business, results of operations and financial condition.
  • Its inability to identify and understand evolving industry trends, technological advancements, customer preferences and develop new products to meet its customers' demands may adversely affect its business.
  • Its business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition.
Opportunities
  • Enhance its manufacturing capabilities through backward integration and expand its product portfolio
  • Targeting new customers, expanding existing customer business and increase its market share in domestic and international markets
  • Expanding its Public Health and Animal Health product segment
  • Strengthening up its business through effective branding, promotional and digital activities
  • Enhance its manufacturing capabilities through backward integration and expand its product portfolio
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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