Gurunanak Agriculture India Limited Link 
Allotment
The Gurunanak Agriculture India Limited IPO is a fixed price issue aggregating to ₹28.80 crore. The issue consists entirely of a fresh issue of 0.38 crore equity shares, with no offer for sale component.
The IPO is scheduled to open on September 24, 2025, and close on September 26, 2025. The basis of allotment is expected to be finalized on September 29, 2025, and the equity shares are proposed to be listed on the NSE SME platform on October 1, 2025.
The issue price is fixed at ₹75 per equity share, with a lot size of 1,600 shares. At this price, the minimum investment required for retail investors is ₹2,40,000 (3,200 shares). For high net-worth investors (HNIs), the minimum application size is 3 lots (4,800 shares), amounting to ₹3,60,000.
Finshore Management Services Limited is acting as the Book Running Lead Manager (BRLM) for the issue, while Cameo Corporate Services Limited serves as the Registrar. Anant Securities has been appointed as the market maker for the IPO.
₹75
0%
Open
₹75
HIgh - Low
₹75
Previous Close
₹75
Total Traded Value
0
52 Weeks High
₹75
52 Weeks Low
₹75
Updates On
Sep 15, 2025
IPO. Open
Sep 24, 2026
IPO. Close
Sep 26, 2026
IPO. Price
₹70.00
IPO Market price
₹90.00 Cr
IPO Details
| IPO Date | 1 Oct |
| IPO Listing Date | 1 Oct |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹70.00 |
| IPO Issue Size | 38,40,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Fixed Price IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 81,60,000 shares |
IPO Timeline
| IPO Open Date | 24 Sep |
| IPO Close Date | 26 Sep |
| IPO Allotment (Tentative) | 29 Sep |
| Refunds | 30 Sep |
| Credit to Demat Account | 30 Sep |
| IPO Listing Date | 1 Oct |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | - |
| NII (HNI) Shares Offered | 18,24,000 Shares |
| Retail Shares Offered | 18,24,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 3,200 shares, with additional shares to be purchased in multiples of 1,600.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,40,000 |
| Retail (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in February 2010, Gurunanak Agriculture India Limited is engaged in the manufacture of agricultural machinery, including threshers, harvesters, reapers, and rotavators. Its product portfolio covers a wide range of equipment such as Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, and Rotavator.
The company’s manufacturing facility is located in Durg District, Chhattisgarh, spread over 4.08 hectares, and is equipped to produce advanced agricultural machinery to meet growing market demands.
Market Presence & Distribution
Gurunanak Agriculture India Limited is actively expanding its domestic and international presence. The company has developed a robust distribution network, operating through:
1. Partnerships with other companies
2. Own dealership network (currently 48 dealers across 7 states)
3. Retail sales
Its exports have reached countries including Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda. The company also participates in agricultural trade fairs, exhibitions, and seminars to showcase innovations and engage with farmers and industry experts.
Competitive Strengths
Comprehensive product portfolio catering to diverse agricultural needs
Strong brand reputation and high customer trust
Technological innovation supported by research and development
Cost-effective and locally manufactured products
Strategically positioned distribution network
Established manufacturing capabilities with scalability for expansion
Strong financial and operational management
Company Financials (Consolidated)
| Assets | 20.16 | 21.99 | 18.17 |
| Total Income | 43.95 | 44.09 | 39.17 |
| Profit After Tax | 6.06 | 2.45 | 0.61 |
| EBITDA | 9.75 | 5.37 | 2.53 |
| NET Worth | 12.27 | 6.22 | 3.77 |
| Reserves and Surplus | 4.11 | 5.71 | 3.26 |
| Total Borrowing | 4.66 | 10.59 | 6.66 |
Key Performance Indicator (KPI)
| ROE | 49.33% |
| ROCE | 63.88% |
| Debt/Equity | 0.38 |
| RoNW | 49.33% |
| PAT Margin | 13.81% |
| EBITDA Margin | 22.23% |
| Price to Book Value | 4.99 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 17.07 |
| 2 | To meet out the expenses of Working Capital Requirement | 6.77 |
| 3 | To meet out the General Corporate Purposes; | 2 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Gurunanak Agriculture India Ltd. Address
Kh No. 539, PH No. 45/52,
VillKandarka, Teh,
Ahiwara, Dhamdha,
Durg, Chhattisgarh, 490036
Phone: +91 91097 32303
Email: cs@gnagro.com
Website: https://gnagro.com/
Detail Registrar
Registrar Office
Cameo Corporate Services Limited
Subramanian Building, #1,
Club House Road,
Chennai – 600 002, India
+91-44-40020700,
cameo@cameoindia.com
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