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Dhanwel Hybrid Seeds

SME · IPO ·closed ·19-21 August

Demand

Modest

subscribed 1.01x overall

Grey market

+1.0%

implied listing pop

History says

+0.0%

median at this premium · middle half -5% to +4% · n=71

📈 GMP 🧾 Subscription 🎟️ Allotment 📋 Issue Overview 🔬 GMP Engine

Latest GMP

₹1

grey-market premium

Implied pop

+1.0%

GMP over issue price

History says

+0.0%

median actual listing at this GMP (n=71)

Range of outcomes

middle half of 71 listings at this GMP

GMP trend

14 street quotes since 08/25

Final Subscription

Subscribed 1.01xoverall · last updated 2026-08-21 10:30 UTC

Category	Shares reserved	19-08		20-08		21-08
		Shares bid	Times	Shares bid	Times	Shares bid	Times
QIB	28,800	–	–	–	–	–	–
NII *	1,267,200	25,344	0.02×	88,704	0.07×	164,736	0.13×
∟bNII (> ₹10L)	844,800	–	–	–	–	–	–
∟sNII (< ₹10L)	422,400	–	–	–	–	–	–
Retail	1,267,200	139,392	0.11×	1,431,936	1.13×	2,420,352	1.91×
Total	2,700,000	162,000	0.06×	1,620,000	0.60×	2,727,000	1.01×

Allotment odds (1 lot lottery once oversubscribed) — Retail: ≈ 1 in 2 applicants

Allotment Probability

Retail · subscribed 1.91x

52%

lottery: ≈ 1 in 2 applications wins one lot

HNI / NII · subscribed 0.13x

100%

undersubscribed — full allotment likely

Chance of winning at least one lot per application, from the shares reserved for the category vs current demand. QIB allots pro-rata, not by lottery. Demand can spike on the final day.

📋Issue Details

Price Band	₹99
Lot Size	1200 shares

GMP trend

Date	GMP ₹	Implied
2026-08-27	1	+1.0%
2026-08-26	1	+1.0%
2026-08-26	1	+1.0%
2026-08-26	1	+1.0%
2026-08-26	1	+1.0%
2026-08-26	1	+1.0%
2026-08-26	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%
2026-08-25	1	+1.0%

Grey-market numbers are unofficial street quotes, aggregated across sources. Not investment advice.