Gurunanak Agriculture IPO
GMP, Subscription, Price, Dates & Financial Details
Gurunanak Agriculture India LimitedIncorporated 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.ProductsThe company manufactures a wide range of…
Open Date
Wed, 24 Sep 2025
Close Date
Fri, 26 Sep 2025
Issue Price
₹ 75
Lot Size
1600
Issue Size
₹ 28.80 Cr
Minimum Investment
₹ 240,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Gurunanak Agriculture IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹28.80 Crore.
The Gurunanak Agriculture IPO remained open for subscription from September 24, 2025, to September 26, 2025. The basis of allotment was finalized on September 29, 2025, and the company's shares were listed on NSE SME Platform on October 01, 2025.
The company had fixed the price at ₹75 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Finshore Management Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Gurunanak Agriculture India Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Gurunanak Agriculture IPO Timeline (Tentative)
- IPO Open Date
- Wed, 24 Sep 25
- IPO Close Date
- Fri, 26 Sep 25
- Basis of Allotment
- Mon, 29 Sep 25
- Initiation of Refunds
- Tue, 30 Sep 25
- Credit of Shares to Demat
- Tue, 30 Sep 25
- Listing Date
- Wed, 01 Oct 25 — NSE & BSE
Open Date
24 September 2025
Close Date
26 September 2025
Basis Of Allotment
29 September 2025
Listing Date
01 October 2025
IPO Subscription
Check Live Subscription →The Gurunanak Agriculture IPO has received bids for 64,60,800 shares against 36,48,000 shares offered, resulting in an overall subscription of 1.77x. the NII category is subscribed 0.39x, Retail Investors 3.15x, and QIBs 0x.
QIB
0x
NII
0.39x
RII
3.15x
Total
1.77x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 18,24,000 shares, representing 47.5% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 18,24,000 shares (47.5%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 192,000 | 5% |
| Non-Institutional | 1,824,000 | 47.5% |
| Retail Investors | 1,824,000 | 47.5% |
| Total | 3,840,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Gurunanak Agriculture India Limited KPI Information
| Particular | KPI as of Mon |
|---|---|
| ROE % | 49.33 |
| ROCE % | 63.88 |
| Debt / Equity | 0.38 |
| RoNW % | 49.33 |
| Pat Margin % | 13.81 |
Peers Comparison
| 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 |
About Gurunanak Agriculture India Limited
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.
Gurunanak Agriculture IPO Promoters
- Harjeet Singh
- Jaspreet Kaur
- Kamaljeet Singh Kalsi
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
68.00%
Gurunanak Agriculture IPO Objective
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
Gurunanak Agriculture India Limited Address / Contact Details
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
Gurunanak Agriculture IPO Lot Size
The Gurunanak Agriculture IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,40,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,40,000.
| 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 |
Issue Reservation
- Market Maker — 5%
- NII — 47.5%
- RII — 47.5%
Book Running Lead Managers
- Finshore Management Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Gurunanak Agriculture IPO?
Gurunanak Agriculture IPO is a Fixed price IPO with a total issue size of ₹28.8 crore. The Gurunanak Agriculture IPO price band is ₹75 to 75 per share. The Gurunanak Agriculture IPO subscription opens on Wed, Sep 24, 2025, and closes on Fri, Sep 26, 2025. The Gurunanak Agriculture IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Gurunanak Agriculture IPO.
When will the Gurunanak Agriculture IPO open for subscription?
The Gurunanak Agriculture IPO opens on Wed, Sep 24, 2025 and closes on Fri, Sep 26, 2025
What is Gurunanak Agriculture IPO Price Band?
Gurunanak Agriculture IPO Price Band is ₹75 to 75 per share.
What is Gurunanak Agriculture IPO Lot Size?
Gurunanak Agriculture IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for Gurunanak Agriculture IPO?
The minimum investment for Gurunanak Agriculture IPO is ₹240000, based on one lot of 1600 shares at the upper price band of ₹75 per share.
How to apply for Gurunanak Agriculture IPO?
Investors can apply for the Gurunanak Agriculture IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 26, 2025. The application amount remains blocked until the Gurunanak Agriculture IPO allotment is finalized.
What is Gurunanak Agriculture IPO Issue Size?
Gurunanak Agriculture IPO issue size is ₹28.8 crores.
What is the Gurunanak Agriculture IPO Allotment Date?
Gurunanak Agriculture IPO allotment date is Mon, Sep 29, 2025.
Who is the Gurunanak Agriculture IPO Registrar?
The registrar for Gurunanak Agriculture IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Gurunanak Agriculture IPO allotment status, refund processing, and other IPO-related information.
What is the Gurunanak Agriculture IPO GMP?
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 1.33% over the issue price.
Who is the Gurunanak Agriculture IPO Lead Manager?
The book-running lead managers (BRLMs) for the Gurunanak Agriculture IPO are Finshore Management Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Gurunanak Agriculture IPO Red Herring Prospectus (RHP).