Dharmaj Crop Guard Ltd (DCGL) is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers, and antibiotics to the B2C and B2B customers.

They export their products to more than 20 countries in Latin America, East African Countries, the Middle East, and Far East Asia. The company obtained 392 registrations for agrochemical formulations from the CIB&RC, out of which 201 agrochemical formulations are for sale in India as well as for export and 191 agrochemical formulations are exclusively for exports.

Objects of the Issue
  • Setting up of a manufacturing facility at Saykha, Bharuch, Gujarat.
  • Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company.

Company Financials



IPO Details



IPO Tentative Timetable

Dharmaj Crop Guard IPO opens on Nov 28, 2022, and closes on Nov 30, 2022.



IPO Lot Size

The Dharmaj Crop Guard IPO lot size is 60 shares. A retail-individual investor can apply for up to 14 lots (840 shares or ₹199,080).

IPO Promoter Holding

Pre-Issue Share Holding - 100%
Post-Issue Share Holding - 73.03%