Gurunanak Agriculture India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,824,000 (48%) | — | ₹1,368 Cr |
| Retail | — | 1,824,000 (48%) | — | ₹1,368 Cr |
| Market Maker | — | 192,000 (5%) | — | ₹14 Cr |
| Σ Total | — | 3,840,000 (100%) | — | ₹28,800 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 44 | 44 | 39 |
| EBITDA | 10 | 5 | 3 |
| Profit After Tax | 6 | 2 | 1 |
| Net Worth | 12 | 6 | 4 |
| Total Assets | 20 | 20 | 20 |
| Reserves & Surplus | 4 | 6 | 3 |
| Total Borrowing | 5 | 11 | 7 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure towards setting up Harvester Manufacturing Unit – 17.067
- Working Capital Requirements – 6.769
- Issue Related Expenses – 2.964
- General Corporate Expenses – 2
Company Overview
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.
Competitive Strength
- Comprehensive product portfolio.
- Strong Brand Reputation and Customer Trust.
- Technological Innovation and Research & Development.
- Cost-Effective and Locally Manufactured Products.
- Strategic distribution network.
- Established manufacturing capabilities.
- Scalability and Expansion Plans.
- Strong Financial and Operational Management.