IPO - Initial Public Offerings

 GURUNANAK

  

GURUNANAK AGRICULTURE INDIA LTD. IPO

24 Sep, 10:00 AM

Issue Open

26 Sep, 05:00 PM

Issue Close

1600

Lot Size

₹ 75.00 – ₹ 75.00

Price Range

IPO Issue Details

Issue size 28.80 Cr
Market Price 75.00
Registrar Cameo Corporate Services Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

GURUNANAK AGRICULTURE INDIA LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 3200 ₹ 2,40,000.00
Retail (Max) 2 3200 ₹ 2,40,000.00
S-HNI (Min) 3 4800 ₹ 3,60,000.00
S-HNI (Max) 8 12800 ₹ 9,60,000.00
B-HNI (Min) 9 14400 ₹ 10,80,000.00

IPO TimeLine

Open Date 24-Sep-2025
Close Date 26-Sep-2025
Basis of Allotment Date 29-Sep-2025
Initiation of Refunds 30-Sep-2025
Credit Shares to Demat A/c 30-Sep-2025
IPO Listing Date 01-Oct-2025