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Gurunanak Agriculture India IPO

₹1,20,000/1600 shares

Minimum Investment

IPO Details

Open Date

24 Sep 25

Close Date

26 Sep 25

Minimum Investment

1,20,000

Lot Size

1600

Price Range

75 to ₹0

Listing Exchange

NSE

Issue Size

28.80 Cr

Listing Date

01 Oct 25

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Gurunanak Agriculture India IPO Timeline

Bidding Start

24 Sep 25

Bidding Ends

26 Sep 25

Allotment Finalisation

29 Sep 25

Refund Initiation

30 Sep 25

Demat Transfer

30 Sep 25

Listing

01 Oct 25

Gurunanak Agriculture India Limited

Gurunanak Agriculture India Limited, incorporated in February 2010, specialises in manufacturing agricultural machinery, including threshers, harvesters, reapers, and rotavators. Its product range covers paddy, wheat, maize, groundnut, and multi-crop threshers alongside harvesters and reapers. Operating from its unit in Durg, Chhattisgarh, the company is steadily expanding across India and international markets. With a strong dealer network and exports to countries such as Bhutan, Nepal, Ghana, Nigeria, and Sri Lanka, it strengthens presence through trade fairs, exhibitions, and seminars, showcasing innovations to farmers and industry stakeholders.

Gurunanak Agriculture IPO Overview

Gurunanak Agriculture IPO is a fixed price issue opening for subscription on 24 September 2025 and closing on 26 September 2025. The allotment is likely to be finalised on 29 September 2025, with listing scheduled on NSE SME on 1 October 2025. The issue is priced at ₹75 per share, with a lot size of 1,600 shares. The minimum investment for retail investors is ₹2,40,000 for 3,200 shares, while HNIs must invest at least ₹3,60,000 for 4,800 shares. Finshore Management Services Ltd. is the lead manager, Cameo Corporate Services Ltd. the registrar, and Anant Securities the market maker.

Gurunanak Agriculture IPO Details

Particulars Details
IPO Date 24 September 2025 to 26 September 2025
Listing Date 1 October 2025
Face Value ₹10 per share
Issue Price ₹75 per share
Lot Size 1,600 Shares
Total Issue Size 38,40,000 shares (aggregating up to ₹28.80 Cr)
Fresh Issue 38,40,000 shares (aggregating up to ₹28.80 Cr)
Offer for Sale NA
Issue Type Fixed Price IPO
Listing At NSE SME
Share Holding Pre Issue 81,60,000 shares
Share Holding Post Issue 1,20,00,000 shares
Market Maker Anant Securities

Gurunanak Agriculture IPO Reservation

Investor Category Shares Offered
Retail 50% of the Net Issue
NII (HNI) 50% of the Net Issue

Gurunanak Agriculture IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 3,200 ₹2,40,000
Retail (Max) 2 3,200 ₹2,40,000
HNI (Min) 3 4,800 ₹3,60,000

Gurunanak Agriculture IPO Promoter Holding

Shareholding Status Percentage
Pre-Issue 99.99%
Post-Issue 68%

Gurunanak Agriculture IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) ₹3.01
Price/Earnings (P/E) Ratio 24.94
Return on Net Worth (RoNW) 39.45%
Net Asset Value (NAV) ₹7.62
Return on Equity 39.45%
Return on Capital Employed (ROCE) 47.46%
EBITDA Margin
PAT Margin 5.57%
Debt to Equity Ratio 1.70

Objectives of the Proceeds

  • Funding capital expenditure towards Harvester Manufacturing Unit – ₹170.67 million
  • Meeting working capital requirements – ₹67.69 million
  • Covering issue-related expenses – ₹29.64 million
  • General corporate purposes – ₹20 million

Key Financials (in ₹ Crores)

Particulars 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 28.45 21.99 18.17 20.68
Revenue 24.60 44.09 39.17 41.08
Profit After Tax 3.13 2.45 0.61 0.52
Reserves & Surplus 8.84 5.71 3.26 2.65
Total Borrowings 9.85 10.59 6.66 8.86

SWOT Analysis of Gurunanak Agriculture India IPO

Strength and Opportunities

  • Strong brand recognition in agricultural machinery with trusted dealer network
  • Export presence across multiple countries ensuring diversified revenue streams
  • Wide product portfolio covering threshers, harvesters, reapers, and rotavators
  • Continuous innovation supported by participation in trade fairs and exhibitions

Risks and Threats

  • High dependency on agricultural sector performance and monsoon conditions
  • Rising competition from established domestic and international farm equipment players
  • Working capital intensive operations affecting short-term liquidity
  • Fluctuating raw material prices impacting manufacturing costs

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About Gurunanak Agriculture India Limited

Gurunanak Agriculture India IPO Strengths

  • Provides a wide range of agricultural machinery designed to meet the varied needs of Indian farmers.
  • Enjoys strong brand recognition supported by long-standing customer trust and consistent product quality.
  • Focuses on continuous technological advancement through innovation, research, and dedicated product development efforts.
  • Delivers cost-efficient solutions with products manufactured locally, ensuring affordability and easy accessibility for farmers.

Gurunanak Agriculture IPO Peer Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (₹) P/E (x) RoNW (%) P/BV Ratio
Gurunanak Agriculture India Limited 3.01 3.01 7.62 24.94 39.45 10.71
Peer Group
Indo Farm Equipment Limited 3.61 3.61 80.44 44.22 4.48 1.99

How to apply IPO with HDFC SKY?

Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.

1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App

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