Dhanwel Hybrid Seeds SME IPO Review | APPLY or AVOID?
Dhanwel Hybrid Seeds Ltd started in 2018. It operates in the Agro industry and provides seed manufacturing and supply to its customers across India. This business is based in Jamnagar. This IPO review covers the main facts of the offer. It helps you decide if the issue fits your portfolio. Updated Review will be available soon.
✅ Strengths
⚠️ Challenges
Financial Update
The company released its restated financial statements for the year ending March 31, 2025. Total revenue was ₹44.13 crore increased from ₹35.49 in previous year. The net profit for the same period was ₹2.16 crore increased from ₹1.91 in previous year. Assets increased by 167.04% compared to the previous year. Updated Review will be available soon.
IPO Valuation
The upper price band is ₹99. This price leads to a Price-to-Earnings (P/E) ratio of –. The average P/E for the industry is 17.63. Updated Review will be available soon.
IPO Objective
Company will use Offer proceeds to meet stated objectives:
- Settle outstanding institutional credit lines
- Finance extended seed inventory counts
- Manage common office operational needs
Promoters & Lead Manager
- Core founders, Kishankumar Gordhanbhai Meghani, Vimal Mansukhbhai Vekariya, Sudhir Mohanbhai Pilaliya and Nikul Mansukhbhai Vekariya, possess extensive execution background inside regional crop production fields
- Wealth Mine Networks Pvt.Ltdis the Lead manager and Cameo Corporate Services Ltd. is the registrar of the IPO.
Peer Comparison
Below is the comparison of the company with its listed peers using data from March 31, 2025. Updated Review will be available soon.
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) |
|---|---|---|---|---|---|
| Dhanwel Hybrid Seeds Ltd. | 9.56 | 30.7 | 31.11 | ||
| Bombay Super Hybrid Seeds Ltd. | 2.54 | 12.49 | 39.09 | 20.35 | 8.25 |
| Upsurge Seeds of Agriculture Ltd. | 7.43 | 61.47 | 14 | 12.06 | 1.7 |
Financial data sourced from annual reports and stock exchange data, using restated financial statements for 2024-25. NAV per share (closing net worth divided by weighted average number of paid-up equity shares) and RoNW (net profit after tax divided by closing net worth).
IPO Review & Analyst Rating
Updated Review will be available soon.
| Analyst Name | Recommendation |
|---|---|
Disclaimer: The information on the site is informational only. The contents of this blog are not financial advice. You should not invest in any stock market instrument without consulting your Financial advisor.


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