Dhanwel Hybrid Seeds IPO Day 2 Subscription Status: Issue Subscribed 0.75x

Mumbai, August 20: The Dhanwel Hybrid Seeds IPO saw its subscription move to 0.75 times by the end of the second day of bidding on August 20, 2026. The ₹26.73 crore bookbuilding issue opened on August 19 and will remain open for subscription until August 21.

The issue is entirely a fresh issue of 27,00,000 shares. The price band has been set at ₹95 to ₹99 per share, with a lot size of 1,200 shares. A retail investor needs to apply for at least 2,400 shares, which requires ₹2,37,600 at the upper end of the price band.

Dhanwel Hybrid Seeds IPO Day 2 Subscription Status

As of 5:04 PM on August 20, investors had bid for 19,20,000 shares against the 25,63,200 shares offered for public subscription. This took the overall subscription level to 0.75 times.

Retail investors accounted for the strongest demand so far, with their portion subscribed 1.41 times. The NII portion stood at 0.10 times, while the QIB portion excluding the anchor allocation remained at 0.00 times.

The issue had received 779 applications at the reported time.

Category-Wise Dhanwel Hybrid Seeds IPO Subscription Status

The retail portion had received bids for 17,90,400 shares against 12,67,200 shares available. Within the NII segment, the sNII portion was subscribed 0.28 times, while the bNII portion stood at 0.01 times.

Shares offered and total amount are calculated using the upper end of the price band. The anchor portion is excluded from the public subscription figures.

Dhanwel Hybrid Seeds Day-Wise Subscription Summary

Subscription picked up across the two bidding days, particularly in the retail category. On Day 1, the retail portion was subscribed 0.16 times. By Day 2, it had moved to 1.41 times.

The IPO has one more day of bidding remaining. Subscription will close on August 21, 2026.

Dhanwel Hybrid Seeds IPO Timeline

Brief Overview Of The IPO

Dhanwel Hybrid Seeds IPO is a ₹26.73 crore bookbuilding issue comprising 27,00,000 fresh equity shares. Of the total issue, 1,36,800 shares are reserved for the market maker, leaving 25,63,200 shares for public subscription.

The company has fixed a price band of ₹95 to ₹99 per share. Each lot contains 1,200 shares, and the minimum retail application is for two lots, or 2,400 shares.

About Dhanwel Hybrid Seeds Limited

Dhanwel Hybrid Seeds Limited is involved in the research, development, production and sale of hybrid seeds. Its product range covers crops such as cotton, maize, bajra, mustard and vegetables.

The company has a distribution network across India, supplying seeds through distributors and retailers serving farmers in rural and semi-urban markets. It also operates research and development facilities and works on seed varieties suited to different agro-climatic conditions.

Wealth Mine Networks Ltd. is the book running lead manager for the issue, while Cameo Corporate Services Ltd. is the registrar. Aikyam Capital Pvt. Ltd. is the market maker.

Conclusion

The Dhanwel Hybrid Seeds IPO stood at 0.75 times subscribed at 5:04 PM on August 20, the second day of bidding. Retail investors had already subscribed 1.41 times their reserved portion, while demand from NII investors remained at 0.10 times and the QIB portion excluding anchor investors had yet to receive bids.

The IPO will remain open on August 21, which is the final bidding day. The next key dates on the schedule are August 24 for the basis of allotment, August 25 for refunds and credit of shares, and August 26 for listing on the BSE SME platform.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4755&type=IPO&idtype=1&status=L&IPONo=7900&startdt=19%2F08%2F2026