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( As on 17/06/2026 17:20)

Dhanwel Hybrid Seeds announces launch of initial public offering

Dhanwel Hybrid Seeds Ltd. has announced public offering of 2700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 89.00 per share. The gross proceeds of the issue are expected to be Rs 2,673.00 lakhs.

The company's initial public offer (IPO) will open on 24 June 2026 and is expected to close on 29 June 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 95.00-99.00 per share.

The IPO includes a fresh Issue of 2700000 Equity Shares of the Company at an price of Rs 99.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Dhanwel Hybrid Seeds Ltd. anticipates using the proceeds of the issue for .

Wealth Mine Networks Pvt. Ltd. as lead manager & is the registrar, to the issue.