Gurunanak Agriculture IPO Date, Review, Price, Allotment Details
The Gurunanak Agriculture IPO will open on September 24, 2025, and close on September 26, 2025. This is a Fixed Price Issue through which the company plans to raise about ₹28.8 crores, entirely through a fresh issue of ₹28.8 crores, with a face value of ₹10 per share.
The issue price has been set at ₹75 per share, with an allocation of 50% for retail investors, 0% for QIBs, and 50% for HNIs. The shares are expected to list on the NSE on October 1, 2025, and the IPO allotment date is September 29, 2025.
For FY 2024, the company posted revenue of ₹44.09 crores, up from ₹39.17 crores in 2023, and profit of ₹2.45 crores, compared to ₹0.61 crores in 2023. Based on these financials, the IPO is viewed as a good long-term investment opportunity.
Established in 1970, Guru Nanak Agriculture India Ltd. has become a reliable player in the agriculture sector, offering a range of innovative agriculture machineries across India. Committed to easing farming operations, our machines are equipped with quality-approved components to ensure smooth functionality. With a spacious warehouse in India, we efficiently manage our inventory to meet the diverse needs of our valued clients. Led by our CEO, Mr. Harjeet Singh Kalsi, our company prioritizes continuous technology upgrades, customer support, product innovation, ethical business practices, adherence to international standards, and customer-centric business policies. Our aim is to provide farmers with the necessary assistance and contribute to the advancement of agriculture practices.
The Company is managed by our CEO Mr. Harjeet Singh Kalsi who has voluminous experience in this manufacturing field. Under his guidance, the company is scaling new heights in all its business endeavors. Mr. Harjeet Singh Kalsi has established a new standard that is difficult to match by any other industry and our Agricultural Implements are well known among the farming community for their satisfactory performance.
Gurunanak Agriculture IPO Details:
Face Value
₹10 Per Equity Share
Fresh Issue
Approx ₹28.8 Crores
Ipo Date
September 24, 2025
Issue Price
₹75
Issue Type
Fixed Price Issue
Listing At
NSE SME
Listing Date
October 1, 2025
Listing Day Close
--
Listing Day Gain
--
Lot Amount
2,40,000
Lot Size
2
Offer For Sale
--
Price Band
₹75 Per Share
Profit Loss
--
Share Holding Post Issue
--
Share Holding Pre Issue
--
Total Issue Size
Approx ₹28.8 Crores
--
--
Gurunanak Agriculture IPO Timeline (Tentative Schedule)
Basis Of Allotment
2025-09-29
Credit Of Shares To Demat
2025-09-30
Cut Off Time For Upi Mandate
2025-09-25T23:30:00.000Z
Initiation Of Refunds
2025-09-30
Ipo Close Date
2025-09-26
Ipo Open Date
2025-09-24
Listing Date
2025-10-01
Key Performance Indicator
KPI
Values
Debt Equity
1.7
P Bv
--
Pat Margin
5.57
Roce
47.46
Roe
39.45
Ronw
24.94
Objects of the Issue (Gurunanak Agriculture IPO Objectives)
Funding Capital Expenditure towards setting up Harvester Manufacturing Unit
Working Capital Requirements
Issue Related Expenses
General Corporate Purpose
Gurunanak Agriculture IPO Review (Apply)
Gurunanak Agriculture IPO Company Financial Report (₹ in Crores)
Company Promoters
Upcoming IPO
SME IPO
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