The Initial Public Offer (IPO) of Dharmaj Crop Guard was fully subscribed to on the first day of offer and ended the trade with 1.79 times subscription on Monday. The Rs 251.14-crore IPO received bids for 1,43,79,060 shares against 80,12,990 shares on offer, according to NSE data.

The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent. The IPO has a fresh issue of up to Rs 216 crore and an offer for sale of 14,83,000 equity shares.

Price range for the offer is at Rs 216-237 a share. Dharmaj Crop allotment date is December 6. 

Dharmaj Crop IPO subscription status will be declared online on the website of the official registrar -- Link Intime India.

Elara India Opportunities Fund bought shares worth Rs 34.94 crore, Rajasthan Global Securities purchased Rs 25 crore shares whereas Resonance Opportunities Fund Rs 15 crore shares.

Dharmaj Crop IPO Allotment Date, Subscription Status 

Dharmaj Crop allotment date is December 6.

Dharmaj Crop IPO Listing Date NSE, BSE

Dharmaj Crop IPO listing date is December 8. Shares of Dharmaj Corp will list on both BSE and NSE.

Dharmaj exports its products to more than 25 countries across Latin America, East African Countries, Middle East and Far East Asia.