Dhanlaxmi Crop Science IPO Allotment Status: Everything You Need to Know

The Dhanlaxmi Crop Science IPO has generated significant interest among investors due to its promising prospects in the agricultural sector. The Dhanlaxmi Crop Science IPO allotment status can be checked through multiple convenient methods. Investors can visit the registrar’s website, Bigshare Services, and use their PAN, application number, or DP ID/client ID. Alternatively, the BSE website offers a quick way to verify by selecting the IPO and entering your application details. Additionally, brokerage platforms like Zerodha, Upstox, and Groww provide direct access to allotment updates via their apps or websites. Each method ensures a seamless experience for tracking your allotment status as this SME IPO garners attention in the market. Here’s a detailed guide to checking Dhanlaxmi Crop Science IPO Allotment Status, key dates.

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Methods to Check Dhanlaxmi Crop Science IPO Allotment Status

1. Via the Registrar’s Website

The registrar for the Dhanlaxmi Crop Science IPO is Bigshare Services Pvt Ltd. You can check your allotment status using these steps:

  1. Visit the registrar’s website.
  2. Navigate to the “IPO Allotment Status” section.
  3. Select “Dhanlaxmi Crop Science IPO” from the list of ongoing IPOs.
  4. Enter your PAN number, application number, or DP ID/client ID.
  5. Submit the details to view your allotment status.

2. Through BSE Website

You can also verify your allotment on the BSE platform:

  1. Visit the BSE IPO allotment page.
  2. Select “Equity” under the issue type.
  3. Choose “Dhanlaxmi Crop Science IPO” from the dropdown.
  4. Enter your application number and PAN.
  5. Click “Search” to display your status.

3. Using Your Broker’s Platform

Many brokers, such as Zerodha, Upstox, and Groww, provide allotment updates directly within their apps or web platforms.

  1. Log into your brokerage account.
  2. Navigate to the IPO section.
  3. Locate “Dhanlaxmi Crop Science IPO” to check the allotment result.

Important Details About the IPO

  • Issue Size: ₹23.80 crore
  • Price Band: ₹52 to ₹55 per share
  • Lot Size: 2000 shares per lot
  • Market Lot: Minimum of one lot (₹138,000 per lot at the upper price band).

This IPO falls under the SME category, targeting small and mid-sized enterprises. It aims to raise funds to expand operations and strengthen working capital.

Key Dates for Dhanlaxmi Crop Science IPO

  • Issue Opening Date: December 9, 2023
  • Issue Closing Date: December 11, 2023
  • Basis of Allotment Finalization: December 12, 2023
  • Refunds Initiation: December 13, 2023
  • Shares Credit to Demat Accounts: December 13, 2023
  • Listing Date: December 16, 2023

FAQs on Dhanlaxmi Crop Science IPO

Q1. When will the allotment status be available?

The allotment status will be finalized on December 13, 2023.

Q2. How can I ensure I get an allotment?

Allotments are based on a lottery system for oversubscribed issues. Applying for a single lot increases your chances, especially for retail investors.

Q3. What should I do if I don’t receive an allotment?

If you don’t receive an allotment, your application amount will be refunded starting December 14, 2023.

Q4. Where will the shares be credited?

Allotted shares will be credited to your Demat account by December 15, 2023.

Q5. What is the listing date for this IPO?

The shares will be listed on December 18, 2023 on NSE SME.

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