IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size38,40,000 shares (aggregating up to ₹28.80 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 24 Sep 2025
Subscription CloseFri, 26 Sep 2025
Anchor AllotmentTue, 23 Sep 2025
Basis of AllotmentMon, 29 Sep 2025
Initiation of RefundsTue, 30 Sep 2025
Credit of Shares to DematTue, 30 Sep 2025
Listing DateWed, 01 Oct 2025
UPI Mandate Deadline2025-09-26
Application & Investment Details
Retail — Min (2 Lots)₹2,40,000 — 3,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (3 Lots)₹3,60,000 — 4,800 shares
EPS (Pre-IPO)₹7.42
EPS (Post-IPO)₹5.05
P/E Ratio (Pre-IPO)10.11x
P/E Ratio (Post-IPO)14.86x
Net Offer to Public36,48,000 shares (aggregating up to ₹27.36 Cr)
Reserved for Market Maker1,92,000 shares (aggregating up to ₹1.44 Cr)
Pre-IPO Promoter Holding81,60,000 shares
Post-IPO Promoter Holding1,20,00,000 shares
About Gurunanak Agriculture India Ltd
Incorporated in February 2010, Gurunanak Agriculture India Limited manufactures agricultural machinery such as threshers, harvesters, reapers, and rotavators.The company's products include Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, Rotavator.The company's manufacturing unit is located in Durg District, Chhattisgarh.Guru Nanak Agriculture India Ltd. is continuously expanding its market presence in India and internationally.The company has established a robust distribution network, collaborating with dealers and suppliers across multiple states and countries. Its exports have gained recognition in regions such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan and Uganda.To cater to a growing customer base, the company actively participates in agricultural trade fairs, exhibitions, and seminars, showcasing its latest innovations and engaging directly with farmers and industry experts.The company operates through three networks: 1. through partnership with companies, own dealership network (currently 48 dealers across 7 states) and retail sales.It has a manufacturing facility in Durg, Chhattisgarh across 4.08 hectares to manufacture a range of advanced agricultural machinery, including threshers, reapers, rotavators, and, more recently, harvesters.Competitive StrengthComprehensive product portfolio.Strong Brand Reputation and Customer Trust.Technological Innovation and Research & Development.Cost-Effective and Locally Manufactured Products.Strategic distribution network.Established manufacturing capabilities.Scalability and Expansion Plans.Strong Financial and Operational Management.
Objects of the Issue
Gurunanak Agriculture India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Capital Expenditure towards setting up Harvester Manufacturing Unit
17.067
2
Working Capital Requirements
6.769
3
Issue Related Expenses
2.964
4
General Corporate Expenses
2
Shareholding & Lock-in
Pre-IPO Promoter Holding
81,60,000 shares
Post-IPO Promoter Holding
1,20,00,000 shares