Gurunanak Agriculture IPO description – Gurunanak Agriculture India is a leading manufacturer of agricultural machinery in India, with its core operations based in Durg District, Chhattisgarh. Specializing in the production of threshers, harvesters, reapers, rotavators, and cultivators, the company has earned a strong reputation for quality and innovation. Its flagship products include Paddy, Wheat, Groundnut, and Maize Threshers, as well as a recently launched Combined Harvester that has rapidly gained market traction for its advanced features and reliability.
Gurunanak Agriculture India is expanding its production infrastructure to achieve an annual output capacity of 300 harvesters, 4,000 threshers, and 4,000 other agricultural implements. Revenue is largely derived from threshers, which contributed over 84% of FY 2025 turnover, while harvesters accounted for 2.45% and other products 13.29%. Regionally, Chhattisgarh is the largest domestic market with INR 31.83 crore sales (72.6% of FY 2025 turnover).
Export revenues stood at INR 0.19 crore, primarily from Bhutan and Sri Lanka. Distribution operates through three channels: partnerships with Mahindra & Mahindra (INR 13.10 crore; 29.87% of FY 2025 turnover), a network of 49 dealers across seven states contributing 58.48%, and direct retail sales forming 11.65%. As of 31 August 2025, the company employed 45 permanent staff members.
Promoters of Gurunanak Agriculture India -Mr. Harjeet Singh, Mrs. Jaspreet Kaur, & Mr. Kamaljeet Singh Kalsi
Table of Contents
Gurunanak Agriculture India IPO Details
| Gurunanak Agriculture IPO Dates | 24 – 26 September 2025 |
| Gurunanak Agriculture Issue Price | INR 75 per share |
| Fresh Issue | 38,40,000 shares (INR 28.80 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 38,40,000 shares (INR 28.80 crore) |
| Minimum Bid | 3,200 shares (INR 2,40,000) |
| Lot Size | 1,600 shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | NSE EMERGE |
Gurunanak Agriculture Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 38.97 | 44.02 | 43.86 |
| Expenses | 36.45 | 38.65 | 34.02 |
| Net income | 0.61 | 2.45 | 6.06 |
* All Standalone Data
Gurunanak Agriculture Offer News
- Gurunanak Agriculture RHP
- Gurunanak Agriculture Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Gurunanak Agriculture Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.74 | 3.01 | 7.42 |
| PE ratio | – | – | 10.11 |
| RONW (%) | 16.12 | 39.45 | 49.33 |
| NAV | 4.61 | 7.62 | 15.04 |
| ROCE (%) | 26.29 | 47.46 | 63.88 |
| EBITDA (%) | 6.48 | 12.20 | 22.23 |
| Debt/Equity | 1.77 | 1.70 | 0.38 |
Gurunanak Agriculture IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Gurunanak Agriculture IPO Subscription – Live Updates
| Category | Non-Individual | Individual | Total |
|---|---|---|---|
| Shares Offered | 20,16,000 | 16,32,000 | 36,48,000 |
| 26 Sep 2025 | 0.36 | 3.52 | 1.77 |
| 25 Sep 2025 | 0.26 | 2.59 | 1.30 |
| 24 Sep 2025 | 0.07 | 1.10 | 0.53 |
The market maker reservation portion of 1,92,000 shares is not included in the above calculations.
Gurunanak Agriculture IPO Allotment Status
Gurunanak Agriculture IPO allotment status is now available on the Cameo Corporate Services website. Click on this link to get allotment status.
Gurunanak Agriculture IPO Dates & Listing Performance
| IPO Opening Date | 24 September 2025 |
| IPO Closing Date | 26 September 2025 |
| Finalization of Basis of Allotment | 29 September 2025 |
| Initiation of refunds | 30 September 2025 |
| Transfer of shares to demat accounts | 30 September 2025 |
| IPO Listing Date | 01 October 2025 |
| Opening Price on NSE SME | INR 60 per share (down 20%) |
| Closing Price on NSE SME | INR 57 per share (down 24%) |
Gurunanak Agriculture Offer Lead Manager
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227
A.J.C Bose Road, Kolkata-700020
Phone: 033 – 2289 5101 / 4603 2561
Email: [email protected]
Website: www.finshoregroup.com
Gurunanak Agriculture Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
‘Subramanian Building’, 1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone: +91 44 – 40020700,28460390
Email: [email protected]
Website: www.cameoindia.com
Gurunanak Agriculture Contact Details
GURUNANAK AGRICULTURE INDIA LIMITED
Kh No. 539, PH No. 45/52, Vill- Kandarka, Teh- Dhamdha,
Ahiwara, Durg, Dhamdha, Chhattisgarh 490036
Phone: +91 91097 32303
E-mail: [email protected]
Website: www.gnagro.com
IPO FAQs
What is the size of the Gurunanak Agriculture offer?
Gurunanak Agriculture’s offer size is INR 28.80 crores.
What is the Gurunanak Agriculture offer price band?
Gurunanak Agriculture public offer price is INR 75 per share.
What is the lot size of the Gurunanak Agriculture IPO?
Gurunanak Agriculture offer lot size is 1,600 shares.
What is the Gurunanak Agriculture IPO GMP today?
Gurunanak Agriculture IPO GMP today is INR NA per share.
What is the Gurunanak Agriculture kostak rate today?
Gurunanak Agriculture kostak rate today is INR NA per application.
What is the Gurunanak Agriculture IPO Subject to Sauda rate today?
Gurunanak Agriculture Subject to Sauda rate today is INR NA per application.