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IPO Lane| Dharmaj Crop Guard files draft papers to raise Rs 250-300 crore

Dharmaj Crop Guard IPO | Promoters Manjulaben Rameshbhai Talavia, Muktaben Jamankumar Talavia, Domadia Artiben, and Ilaben Jagdishbhai Savaliya will sell shares via OFS.

January 28, 2022 / 09:53 PM IST
Dharmaj Crop Guard IPO

Dharmaj Crop Guard IPO

Agrochemicals company Dharmaj Crop Guard has filed its preliminary papers with market regulator Sebi for fund raising via initial public offerings.

The public issue consists of a fresh issue of equity shares worth Rs 216 crore and an offer-for-sale (OFS) of 14.83 lakh equity shares by promoters. The offer will also include shares reserved for its employees.

Promoters Manjulaben Rameshbhai Talavia, Muktaben Jamankumar Talavia, Domadia Artiben, and Ilaben Jagdishbhai Savaliya will sell shares via OFS.

The company is planning to raise around Rs 250-300 crore via public issue as per the market sources.