Dhanwel Hybrid Seeds Share Price

Dhanwel Hybrid Seeds Limited was originally formed as a partnership firm under the name of M/s Super Vegetable Seeds' pursuant to a deed of partnership dated January 01, 2018. Subsequently, the Firm was converted from M/s Super Vegetable Seeds' into public Limited Company as Dhanwel Hybrid Seeds Limited', pursuant to a certificate of Incorporation dated February 20, 2024 obtained from the Central Registration Centre. The Company is engaged in the business of seed manufacturing, which includes the development, multiplication, processing, and supply of seeds for a variety of field crops and vegetables. The seed production process is carried out in a structured manner across multiple stages and involves the use of improved genetic seed material procured from recognised source. Such seed material is multiplied, processed, conditioned, and handled with prescribed agronomic and processing practices to produce seeds suitable for agricultural use, including seeds supplied to farmers for crop cultivation. The Company's seed processing unit is located at Jashapar, Kalavad, in Jamnagar District of Gujarat. The Company was incorporated with the main object of growing of vegetable seeds (except beet seed), Agricultural activities on a fee or contract basis (preparation of fields, establishing a crop, treatment of crops, crop spraying, trimming of fruit trees and vines, transplanting of rice, thinning of beets, harvesting, pest control, etc. The Company procures genetic seed material, including breeder and other suitable seed material, from recognised agricultural institutions, government-supported research organizations and open market. In addition, seed production is undertaken through arrangements with identified seed-growing farmers, wherein agricultural land owned by such farmers is utilised for cultivation. Under these arrangements, the Company supplies the requisite seed material and provides technical guidelines and cultivation protocols. The farmers carry out sowing and related agricultural operations in accordance with the Company's instructions, while the Company's field staff and agronomists monitor and supervise the crop to maintain quality standards. Company launched a fresh issue of 27,00,000 equity shares having face value Rs 10 each and raised funds of Rs 26.73 crore by way of its Initial Public Offering.