Dhanwel Hybrid Seeds Shares Trade 5% Below IPO Price On BSE SME After ₹26.73 Crore Issue

Mumbai, August 26: Dhanwel Hybrid Seeds Ltd shares are trading at ₹94.05 on the BSE SME platform as of 11:39 AM IST on Wednesday, August 26. The stock is ₹4.95, or 5%, below its IPO issue price of ₹99.

The market movement comes after the company’s ₹26.73 crore IPO, which closed on August 21 and was subscribed 1.65 times overall. The issue comprised entirely of fresh equity shares.

Dhanwel Hybrid Seeds Shares Trade At ₹94.05

Dhanwel Hybrid Seeds shares stood at ₹94.05 as of 11:39 AM IST on August 26, according to the market data provided. At this level, the stock was trading 5% below the ₹99 issue price.

The ₹4.95 difference between the issue price and the reported market price represents a 5% decline from the IPO price. The available market snapshot does not provide a separate opening-price figure, so the movement has been measured against the issue price.

₹26.73 Crore IPO Was Subscribed 1.65 Times

Dhanwel Hybrid Seeds IPO received bids for 42.34 lakh shares against 25.63 lakh shares offered to the public, resulting in overall subscription of 1.65 times.

The issue received 1,700 applications. Retail investors recorded the highest subscription among the disclosed investor categories at 3.08 times, while QIBs subscribed 1.00 time and NIIs subscribed 0.24 times.

Retail Investors Subscribe 3.08 Times

The retail portion comprised 12.67 lakh shares, representing 49.44% of the net offer. Investors in this category bid for 39.02 lakh shares, resulting in subscription of 3.08 times.

The NII category was allocated 12.67 lakh shares, or 49.44% of the net offer, and received bids for 3.03 lakh shares. This translated into subscription of 0.24 times.

QIB Portion Receives 1-Time Subscription

Qualified institutional buyers were allocated 28,800 shares, equivalent to 1.12% of the net issue. The category received bids for the same 28,800 shares, resulting in subscription of 1.00 time.

The issue also had a market-maker reservation of 1.36 lakh shares, accounting for 5.07% of the total issue size.

Fresh Issue Comprised 27 Lakh Shares

Dhanwel Hybrid Seeds’ IPO comprised a fresh issue of 27 lakh shares aggregating to ₹26.73 crore at the upper end of the ₹95-99 price band.

Of the total issue, 1.36 lakh shares were reserved for the market maker. The net offer to the public stood at 25.63 lakh shares. There was no offer-for-sale component in the issue.

Minimum Retail Application Was ₹2.38 Lakh

The IPO had a lot size of 1,200 shares, with individual investors required to apply for a minimum of two lots, or 2,400 shares.

At the upper end of the price band, the minimum retail application amount was ₹2,37,600. The issue opened on August 19 and closed on August 21, with the shares listed on the BSE SME platform on August 26.

Dhanwel Hybrid Seeds Operates In Seed Manufacturing

Dhanwel Hybrid Seeds, incorporated in 2018, is engaged in the manufacturing and supply of seeds for field crops and vegetables. Its product portfolio includes groundnut, soybean, gram, sesame, wheat, green gram, black gram, fenugreek and cumin seeds.

The company sources genetic seed material and undertakes cultivation, processing, quality control and packaging. Its operations also include procurement of seeds from farmers and the open market.

Closing Summary

Dhanwel Hybrid Seeds shares are trading at ₹94.05 on the BSE SME platform as of 11:39 AM IST on August 26, 2026, representing a 5% decline from the ₹99 IPO issue price.

The stock’s market performance follows an IPO that was subscribed 1.65 times overall, with retail investors subscribing 3.08 times. The market figure cited in this report relates specifically to the 11:39 AM IST snapshot and does not represent the final closing price for the session.

Source:

• https://www.bseindia.com/stock-share-price/dhanwel-hybrid-seeds-ltd/dhanwel-hybrid-seeds-ltd/544884