Gurunanak Agriculture IPO
Open SmeCurrent GMP
₹16 (+21.33%)
Price Band
₹ 75 – 75
Lot Size
1600
Issue Size
₹28.8 Cr
Minimum Investment
₹240000 (3200 Shares)
Listing Date
01 October 2025
Subscription
1.77x
About the Company
Gurunanak Agriculture India Limited
Incorporated in February 2010, Gurunanak Agriculture India Limited is engaged in the manufacturing of advanced agricultural machinery, offering reliable and efficient solutions to farmers across India and overseas.
Products
The company manufactures a wide range of agricultural equipment, including:
- Paddy Thresher
- Groundnut Thresher
- Wheat Thresher
- Maize Thresher
- Multi-crop Thresher
- Harvester
- Reaper
- Rotavator
Manufacturing Facility
The company’s state-of-the-art manufacturing unit is located in Durg District, Chhattisgarh, where skilled professionals and advanced technology are utilized to ensure durable, high-quality products.
Market Presence
Over the years, Gurunanak Agriculture India Limited has steadily expanded its footprint across India and international markets. The company has established a strong distribution network by collaborating with dealers and suppliers across multiple states. Its products are also exported to regions such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda, where they have earned a reputation for reliability and performance.
Engagement & Outreach
To meet the evolving needs of farmers, the company actively participates in agricultural trade fairs, exhibitions, and seminars. These platforms enable the company to showcase its latest innovations while building strong relationships with farmers and industry stakeholders.
Workforce
As of February 28, 2025, Gurunanak Agriculture India Limited employed 43 professionals across its various departments, contributing to the company’s growth and customer satisfaction.
Promoters
- Harjeet Singh
- Jaspreet Kaur
- Kamaljeet Singh Kalsi
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
68.00%
Objects of the Issue
The Company Gurunanak Agriculture IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital Expenditure towards setting up Harvester Manufacturing Unit
- Working Capital Requirements
- Issue Related Expenses
- General Corporate Expenses
Address / Contact Info
Gurunanak Agriculture India Ltd.
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 24 September 2025
IPO Close Date
Friday, 26 September 2025
Basis of Allotment
Monday, 29 September 2025
Initiation of Refunds
Tuesday, 30 September 2025
Credit of Shares to Demat
Tuesday, 30 September 2025
Listing Date
Wednesday, 01 October 2025 — NSE & BSE
Important Dates
Open Date
24 September 2025
Close Date
26 September 2025
Basis Of Allotment
29 September 2025
Listing Date
01 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 20.16 | 21.99 | 18.17 |
| Revenue | 43.95 | 44.09 | 39.17 |
| Profit After Tax | 6.06 | 2.45 | 0.61 |
| Net Worth | 12.27 | 6.22 | 3.77 |
| Reserve & Surplus | 4.11 | 5.71 | 3.26 |
| Total Borrowings | 4.66 | 10.59 | 6.66 |
EPS Pre
7.42%
EPS Post
5.05%
P/E Pre
10.11
P/E (Post Issue)
14.86x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon |
|---|---|
| ROE % | 49.33 |
| ROCE % | 63.88 |
| Debt / Equity | 0.38 |
| RoNW % | 49.33 |
| PbW | 0 |
| Pat Margin % | 13.81 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 192000 | 5 | 0 |
| Non-Institutional | 1824000 | 47.5 | 0 |
| Retail Investors | 1824000 | 47.5 | 0 |
| Total | 3840000 | 100 | 0 |
Subscription Status ( Fri, 26 Sep 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1824000 | 720000 | 0.39x |
| Retail Investors | 1824000 | 5740800 | 3.15x |
| Total | 3648000 | 6460800 | 1.77x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Gurunanak Agriculture India Ltd | 10 | 24.94 | 3.01 | 0.00 | 39.45 | 7.62 |
| Indo Farm Equipment Ltd | 10 | 44.22 | 3.61 | 0.00 | 4.48 | 80.44 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 240,000.00 |
| Retail (Max) | 2 | 3,200 | 240,000.00 |
| S-HNI (Min) | 3 | 4,800 | 360,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Finshore Management Services Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Gurunanak Agriculture IPO is a Fixed price IPO worth ₹28.8 crores. The price band is ₹75 to 75 per share. The IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Gurunanak Agriculture IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025
Gurunanak Agriculture IPO Price Band is ₹75 to 75.
Gurunanak Agriculture IPO lot size is 1600, and the minimum amount required for application is ₹240000.
The minimum investment for Gurunanak Agriculture IPO is approximately ₹240000 based on the upper price band.
To apply for the Gurunanak Agriculture IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Sep 26, 2025. After submission, funds are blocked until the basis of allotment of Gurunanak Agriculture IPO is finalised.
Gurunanak Agriculture IPO issue size is ₹28.8 crores.
Gurunanak Agriculture IPO allotment date is Sat, Jun 27, 2026.
The registrar for Gurunanak Agriculture IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Gurunanak Agriculture IPO through their official website or helpline.
The Gurunanak Agriculture IPO GMP (Grey Market Premium) is ₹1 as of Thu, Sep 25, 2025. Based on the upper price band of ₹75 per share, the estimated Gurunanak Agriculture IPO listing price is ₹76, indicating a potential listing gain of approximately 31% over the issue price.