Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

Dhanwel Hybrid Seeds Limited, incorporated 2018 and based in Jashapar, Jamnagar, Gujarat, develops, multiplies, processes and distributes hybrid and non-hybrid seeds under the Dhanwel Seeds brand - groundnut, soybean, sesame, green gram, black gram, gram/chickpea, cumin, fenugreek and wheat seeds. Sources breeder/foundation seed from ICAR, state agricultural universities, government seed corporations and contract farmers. Promoters: Kishankumar Gordhanbhai Meghani, Vimal Mansukhbhai Vekariya, Sudhir Mohanbhai Pilaliya, Nikul Mansukhbhai Vekariya. Revenue ₹74.59 Cr (FY26) vs ₹44.13 Cr (FY25); PAT ₹6.12 Cr vs ₹2.16 Cr. BSE Exchange approval received March 5, 2026. Entirely fresh issue of 27,00,000 equity shares, no OFS. Listed July 2, 2026. Listing price data unavailable across all platforms after 6+ checks over multiple days (GMP was ₹0 throughout — consistent with an illiquid micro-cap that listed with near-zero trading volume).