Gurunanak Agriculture IPO Details
The key details of Gurunanak Agriculture India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹28.80 Cr |
| Price Range | ₹75 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,40,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 68% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Gurunanak Agriculture IPO Timelines
The IPO process for Gurunanak Agriculture India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
24/09/2025
Start Date26/09/2025
End Date30/09/2025
Refund Initiation30/09/2025
Credit of Shares to Demat Ac01/10/2025
Listing DateGurunanak Agriculture IPO Lot Size
The Gurunanak Agriculture India IPO has a fixed lot size of 1,600 shares, at a fixed price of ₹75 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,40,000. For HNI investors, the minimum application is 4,800 shares (3 lots), requiring an investment of ₹3,60,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,40,000 |
| Retail Maximum | 2 | 3200 | ₹2,40,000 |
| HNI Minimum | 3 | 4800 | ₹3,60,000 |
Gurunanak Agriculture IPO Subscription Status
The subscription status for Gurunanak Agriculture India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.19x | 2.35x | -- | 1.27x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Gurunanak Agriculture IPO Company Financials
Gurunanak Agriculture India reports robust performance in FY2025 with Total Income of ₹43.95 crores, managing expenses at ₹34.02 crores, and achieving a strong PAT (Profit After Tax) of ₹6.06 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹39.17 | ₹36.45 | ₹0.61 |
| FY 2024 | ₹44.09 | ₹38.65 | ₹2.45 |
| FY 2025 | ₹43.95 | ₹34.02 | ₹6.06 |
About Company
Incorporated in February 2010, Gurunanak Agriculture India Limited is engaged in the manufacturing of advanced agricultural machinery, including threshers, harvesters, reapers, and rotavators. Its product lineup includes Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, and Rotavator. The company operates a manufacturing facility spread over 4.08 hectares in Durg District, Chhattisgarh, where it produces a wide range of equipment to meet the diverse needs of the agricultural sector.
Gurunanak Agriculture India Limited has built a strong distribution network through partnerships with other companies, its own dealership network comprising 48 dealers across 7 states, and direct retail sales. The company has expanded its market reach not only across India but also internationally, with exports to countries such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda. To connect with its growing customer base and showcase its innovations, the company regularly participates in agricultural trade fairs, exhibitions, and seminars, engaging directly with farmers and industry stakeholders.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Agricultural | HARJEET SINGH |
Know Before Investing
Gurunanak Agriculture IPO Strengths
- The company’s combined harvester has gained significant customer trust due to its advanced features, efficiency, and reliability.
- Offers a wide range of agricultural machinery including threshers for various crops, harvesters, reapers, rotavators, and cultivators, catering to diverse farming needs.
- Undertaking strategic expansion to increase production capacity to 300 harvesters, 4,000 threshers, and 4,000 other implements annually, positioning for growth.
- Products designed for multiple crop types such as paddy, groundnut, wheat, maize, allowing penetration into different agricultural markets across India.
- Emphasizes product quality, efficiency, and affordability, driving customer loyalty and brand reputation.
- Expanding reach through multiple sales and service channels, enhancing customer access and support.
- Continued investment in research and development for product customization and technological advancements tailored to evolving farming needs.
Gurunanak Agriculture IPO Risks
- The company plans to set up a new harvester manufacturing unit. Any delays or cost overruns in this capital expenditure project could impact operations and financial performance.
- Revenue remained largely flat from FY24 to FY25, indicating potential challenges in growing top-line consistently.
- Agricultural equipment demand is susceptible to monsoon variability and overall agricultural sector health, which can affect sales volumes.
- Faces competition from established agricultural machinery players which may put pressure on pricing and market share.
- Operations require substantial working capital for inventory and receivables; inefficient management could lead to liquidity pressures.
- Revenue concentration among certain clientele could pose risk if major customers alter purchase patterns or negotiate terms aggressively.
- Changes in government policies affecting agriculture subsidies, import tariffs, or manufacturing regulations could impact business conditions.
Swot Analysis for Gurunanak Agriculture IPO
Strengths
Robust Distribution and Export Presence, Dedicated Research & Development, Strong Quality Focus
Weaknesses
Modest Profit Margins, Limited Brand Presence Outside Core Markets, Dependence on Agricultural Cycles
Opportunities
Growing Farm Mechanization, Geographical Expansion, Government Support Programs
Threats
Seasonal and Weather Dependence, Policy and Regulatory Risks, Economic Pressure on Farmer Incomes
Company 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 Registar Details
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Gurunanak Agriculture SME IPO are:
- Funding Capital Expenditure towards setting up Harvester Manufacturing Unit
- Working Capital Requirements
- Issue Related Expenses
- General Corporate Expenses
Finshore Management Services Ltd. is the book-running lead managers for the Gurunanak Agriculture IPO.
Gurunanak Agriculture IPO shows healthy growth potential with profit after tax rising from ₹2.45 crore in FY24 to ₹6.06 crore in FY25 despite stable revenue of about ₹44 crore. Supported by growing mechanization, government farm schemes, and planned capacity expansion, the company is well placed though competition and seasonal demand remain key risks.
The issue price for the Gurunanak Agriculture IPO is set to ₹75 per share.
To invest in two lot of Gurunanak Agriculture IPO, you need ₹2,40,000 at the fixed price band (₹75 per share) for a lot size of 3200 shares.
Gurunanak Agriculture IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on October 1, 2025.
Refund/unblocking of funds for Gurunanak Agriculture IPO will begin on September 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Gurunanak Agriculture IPO shares on listing day (October 1, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.