Dhanlaxmi Crop Science shares opened at ₹104.5. It indicates a considerable 90% gain as it starts from ₹55. The company offered 43.28 lakh new shares, reducing promoter holding from 76.7% to 56.3%, signaling a solid commitment to market participation. The IPO was a roaring success, retail investors came in hot, oversubscribing by 441 times, while non-institutional investors (NIIs) went even bigger with 1,241 times the demand. Qualified institutional buyers (QIBs) weren’t far behind, bidding nearly 198 times their allocated shares. Dhanlaxmi’s stellar debut doesn’t just showcase strong demand—it sets a high bar for SME IPOs and positions the company as one to watch in the agri-solutions space.