Nirman Agri IPO GMP, Review, Price, Allotment

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Nirman Agri Gentics IPO GMP 2023

Nirman Agri IPO description – Incorporated in 2020, Nirman Agri Genetics is an organized Agri-Input company engaged in the production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic products for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and has recently forayed into micronutrients and bioproducts. It also produces non-hybrid seeds, primarily for paddy.

The company has production, outsourced processing, and R&D facilities in Maharashtra at Nashik and Nimgul and in Gujarat as well as Madhya Pradesh.

In 2022, the company began to market bio-pesticides, bio-fertilizers, micronutrients, fertilizer mixtures & plant growth regulators under the name of ‘Nirman Agri Genetics’. Seeds, bio-fertilizers, micronutrients, etc. are related products having the same end user i.e. the farmer, and are usually sold through similar dealer networks. With a view to achieving the benefit of synergy in marketing the aforesaid products, it has recently added them to its products portfolio.

Nirman Agri Genetics’ focus is to become a leading crop solutions provider to the farmer by supplying high-yielding hybrid seeds and crop management through micronutrients, bioproducts, etc

Nirman Agri Gentics 2023

Promoters of Nirman Agri Genetics – Pranav Kailas Bagal


Nirman Agri Genetics IPO Details

Nirman Agri IPO Dates15 – 20 March 2023
Nirman Agri IPO PriceINR 99 per share
Fresh issue20,50,800 shares (INR 20.30 crore)
Offer For SaleNil
Total IPO size20,50,800 shares (INR 20.30 crore)
Minimum bid (lot size)1,200 shares (INR 118,800)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE EMERGE

Nirman Agri Financial Performance

 FY 2021FY 20227M FY 2023
Revenue3.8213.4918.04
Expenses3.7510.0614.91
Net income0.052.562.30
Figures in INR crore unless specified otherwise

Nirman Agri Offer News


Nirman Agri Valuations & Margins

FY 2021FY 2022
EPS0.2110.00
PE ratio9.90
RONW (%)84.5496.83
NAV10.33
ROCE (%)5.1965.83
EBITDA (%)1.9425.39
Debt/Equity3.980.12
*Compiled by IPO Central from Prospectus

Nirman Agri IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
23 Mar 2023
22 Mar 20232
21 Mar 20232
20 Mar 20233
18 Mar 20233
17 Mar 20233
16 Mar 20233

Nirman Agri IPO Subscription – Live Updates

CategoryNIIRetailTotal
Shares Offered1,025,4001,025,4002,050,800
20 Mar 20231.162.091.63
17 Mar 20230.711.230.97
16 Mar 20230.700.940.82
15 Mar 20230.580.470.52

Nirman Agri Offer Lead Manager

FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email: [email protected] / [email protected]
Website: www.focl.in


Nirman Agri Genetics Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Nirman Agri Genetics Contact Details

NIRMAN AGRI GENETICS LIMITED
Vedant Apartment, Near Reliance Shopee,
Dindori Road, Panchavati, Nashik – 422 003 Maharashtra
Phone: +91 253 2943101
E-mail: [email protected]
Website: www.nirmanagrigen.com


Nirman Agri IPO Allotment Status

Nirman Agri IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.


Nirman Agri IPO Dates & Listing Performance

IPO Opening Date15 March 2023
IPO Closing Date20 March 2023
Finalisation of Basis of Allotment23 March 2023
Initiation of refunds24 March 2023
Transfer of shares to demat accounts27 March 2023
Nirman Agri IPO Listing Date28 March 2023
Opening Price on NSE SMEINR 102 per share (up 3.03%)
Closing Price on NSE SMEINR 101.3 per share (up 2.32%)

Nirman Agri IPO FAQs

What is Nirman Agri Genetics offer size?

Nirman Agri Genetics offer size is INR 20.30 crore.

What is Nirman Agri IPO Price Band?

Nirman Agri Genetics public offer price is INR 99 per share.

What is the lot size of Nirman Agri Genetics IPO?

Nirman Agri Genetics offer lot size is 1,200 shares.

What is Nirman Agri Genetics IPO GMP today?

Nirman Agri Genetics IPO GMP today is NA per share.

What is Nirman Agri Genetics kostak rate today?

Nirman Agri Genetics kostak rate today is NA per application.

What is Nirman Agri Genetics Subject to Sauda rate today?

Nirman Agri Genetics Subject to Sauda rate today is NA per application.

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