The Gurunanak Agriculture IPO is scheduled to open for subscription on September 24, 2025, and will close on September 26, 2025. The allotment will be finalized on September 29, 2025, and the shares are expected to list on the NSE SME on October 1, 2025. This SME IPO is attracting investors due to the company’s strong financial growth and an attractive price band of ₹75 per share.
Here’s a complete guide covering IPO details, dates, promoters, financials, strengths, risks, and how to apply.
Gurunanak Agriculture IPO Details
| Particulars | Details |
| IPO Open Date | 24/09/2025 |
| IPO Close Date | 26/09/2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹75 Per Share |
| Issue Size | Approx ₹28.8 Crores |
| Fresh Issue | Approx ₹28.8 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | NSE SME |
| RHP Draft Prospectus | Download |
| DRHP Draft Prospectus | Download |
Gurunanak Agriculture IPO Market Lot
The minimum market lot for Praruh Technologies IPO is 3,200 shares, with a total application amount of ₹2,40,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,40,000 |
| Retail Maximum | 2 | 3,200 | ₹2,40,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,60,000 |
Gurunanak Agriculture IPO Reservatio
| Inventory Category | Shares Offers | No. of Shares |
| HNI | 47.50% | 1824000 |
| RETAIL | 47.50% | 1824000 |
| Market Maker | 5.00% | 192000 |
| TOTAL | 100.00% | 3840000 |
Gurunanak Agriculture IPO Timeline
The Gurunanak Agriculture IPO opens on September 24, 2025, and closes on September 26, 2025. The allotment will be finalized on September 29, 2025, with the shares list on October 1, 2025.
| Event | Date |
|---|---|
| IPO Open Date | September 24, 2025 |
| IPO Close Date | September 26, 2025 |
| Basis of Allotment | September 29, 2025 |
| Refunds Initiation | September 30, 2025 |
| Credit to Demat Account | September 30, 2025 |
| IPO Listing Date | October 1, 2025 |
| IPO Bidding Cut-off Time | September 26, 2025 – 5:00 PM |
Promaters and Holding Pattern
The promoters of Gurunanak Agriculture are Harjeet Singh, Jaspreet Kaur, and Kamaljeet Singh Kalsi, who are responsible for guiding the company’s strategic growth and operational decisions.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 81,60,000 | 99.99% |
| Promoter Holding Post Issue | 1,20,00,000 | 68% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding Capital Expenditure towards setting up Harvester Manufacturing Unit | 17.07 |
| Working Capital Requirements | 6.77 |
| Issue Related Expenses | 2.96 |
| General Corporate Purpose | 2.00 |
Company Financial
Amount ₹ in Crores
| Period Ended | March-25 | March-24 | March-23 |
| Assets | 20.16 | 21.99 | 18.17 |
| Revenue | 43.95 | 44.09 | 39.17 |
| Net Worth | 12.27 | 6.22 | 3.77 |
| profit After Tax | 6.06 | 2.45 | 0.61 |
| Reserves And Surpluse | 4.11 | 5.71 | 3.26 |
| Total Borrowing | 4.66 | 10.59 | 6.66 |
Gurunanak Agriculture IPO Valuation – FY2024
Check Gurunanak Agriculture IPO valuations detail like Price/Earning P/E Ratio, Earning Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 39.45% |
| ROCE: | 47.46% |
| EBITDA Margin: | 12.20% |
| PAT Margin: | 5.57% |
| Debt to equity ratio: | 1.70 |
| Earning Per Share (EPS): | ₹3.01 (Basic) |
| Price/Earning P/E Ratio: | 24.94 |
| Return on Net Worth (RoNW): | 39.45% |
| Net Asset Value (NAV): | ₹7.62 |
About company
Gurunanak Agriculture India Limited is a leading agricultural machinery manufacturer in India. The company provides a wide range of equipment including harvesters, threshers, rotavators, reapers, and cultivators, helping farmers improve productivity and efficiency.
The company focuses on innovation, quality, and service, aiming to modernize Indian agriculture with advanced machinery solutions.
Gurunanak Agriculture IPO Strenght Factors
- Strong Financial Performance: FY 2024 profits increased significantly.
- Experienced Promoters: Guided by industry professionals with proven expertise.
- Established Market Presence: Strong foothold in the agricultural machinery sector.
Gurunanak Agriculture IPO Risk Factors
- SME IPO Volatility: SME IPOs may be more volatile than mainboard listings.
- Market Competition: The agricultural machinery sector is highly competitive.
- Technology Dependence: Requires constant updates and innovation to maintain market share.
Lead Manager
- Finshore Management Services Ltd.
Company Details
- Name:- Gurunanak Agriculture
- Email:- cs@gnagro.com
- Phone:- +91 91097 32303
- Website:- https://gnagro.com/
- Address:- Kh No. 539, PH No. 45/52, VillKandarka, Teh, Ahiwara, Dhamdha, Durg, Chhattisgarh, 490036
IPO Registrar
- Name:- Cameo Corporate Services Ltd.
- Email:- ipo@cameoindia.com
- Phone:- +91-44-28460390
- Website:- https://ipo.cameoindia.com/
Disclemer
IPO Sevak (iposevak.com) is not a SEBI-registered advisor. This content is for informational purposes only and should not be considered as investment advice. Please consult a licensed financial advisor before investing.
FAQs
1.When does the Gurunanak Agriculture IPO open and close?
Ans:- The IPO opens on September 24, 2025, and closes on September 26, 2025.
2.What is the price band for the Gurunanak Agriculture IPO?
Ans:- The price band is ₹75 per equity share.
3. What is the minimum lot size and investment amount?
Ans:- The minimum market lot is 3,200 shares, requiring an investment of ₹2,40,000.
4. Who are the promoters of Gurunanak Agriculture?
Ans:- The promoters are Hardeep Singh, Jaspreet Kaur, and Kamaljit Singh Kalsi.
5. When will the allotment be finalized?
Ans:- The allotment will be finalized on September 29, 2025.
6. When will the IPO list on the stock exchange?
Ans:- The shares are expected to list on the NSE SME on October 1, 2025.
7. How can investors apply?
Ans:- Through ASBA net banking or UPI-based platforms like Zerodha, Groww, Upstox, Angel One.
8. What is the use of IPO proceeds?
Ans:- Setting up new manufacturing units, working capital, and corporate expenses