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Gurunanak Agriculture India IPO
1.77xsubscribed

Gurunanak Agriculture India IPO

Agriculture
listed
₹2.40LMin. investment

Gurunanak Agriculture India Limited IPO Details

SectorAgriculture
Price range₹75.00 – ₹75.00
IPO type
SME
Lot size1600 shares
Issue size₹28Cr
Red Herring Prospectus
Read
Market cap
₹90CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹43.86CrLower than sector avg
Growth rate3Y CAGR
6.09%

Gurunanak Agriculture India IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Sep-25
0.0 times (X)
0.0 times (X)
0.99 times (X)
0.53 times (X)
25-Sep-25
0.0X
0.0X
2.32X
1.31X
26-Sep-25
0.0X
0.0X
3.14X
1.77X

As on 24-Sep-25, 5:30 PM

Gurunanak Agriculture India IPO Timeline

  1. Pre-apply
    23 Sep 2025
  2. Bid start
    24 Sep 2025
  3. Bid end
    26 Sep 2025
  4. Allotment
    29 Sep 2025
  5. Release of funds
    30 Sep 2025
  6. Demat transfer
    30 Sep 2025
  7. Listing
    1 Oct 2025

About Gurunanak Agriculture India Limited

Gurunanak Agriculture India is engaged in the manufacturing of agricultural machinery, including threshers, harvesters, reapers, rotavators, cultivators, and more. As of March 2025, the company has a dealership network of 49 dealers. Product-wise, paddy thresher contributed 59.72% of FY25 revenue, followed by paddy multi-crop thresher at 23.54%. Segment-wise, revenue through Mahindra & Mahindra accounted for 29.87%, dealership network 58.48% and retail sales at 11.65%. Domestic sales accounted for 99.57% of the total turnover, led by Chhattisgarh, contributing 72.60%, followed by Madhya Pradesh contributing 9.72%. Export sales formed 0.43% of the revenue, constituting Bhutan and Sri Lanka.

Checklist

Quality analysis
Revenue growth
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Risk analysis
Debt to Equity ratio
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Objectives of Gurunanak Agriculture India Limited IPO

Capital expenditure
59.27%
The company will utilise ₹17.07 crore to set up a manufacturing unit.
Working capital
23.51%
The company will use up to ₹6.77 crore towards funding working capital requirements.
General corporate purposes
17.20%
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹43.86Cr6.09%₹6.06Cr₹90Cr10.110.38
This sector (avg.)₹459.44Cr---₹41.49Cr₹706.44Cr75.040.31
₹18,298.01Cr---₹2,199.36Cr₹11,995.88Cr10.620.28
₹1,204.97Cr---₹282.28Cr₹4,762.34Cr15.850
₹1,561.03Cr---₹88.31Cr₹3,248.7Cr26.730.24

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Gurunanak Agriculture India IPO Contact Details

Company NameGurunanak Agriculture India Limited

How to apply for Gurunanak Agriculture India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Gurunanak Agriculture India Limited IPO FAQs