Gurunanak Agriculture India Ltd IPO
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Gurunanak Agriculture India Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 38.4 L | TBA | TBA | ₹ 81.59 L | NSE | ₹ 28.8 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
24 Sep, 25 | 26 Sep, 25 | 1600 | ₹ 1,20,000 | Fixed Price - SME | 01 Oct, 25 |
Gurunanak Agriculture India Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Automobiles - Tractors |
Sub Sector | NA |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 3840000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Gurunanak Agriculture India Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 4.28 | 1.77 | 1.53 |
EBITDA | 5.24 | 2.63 | 2.34 |
PAT | 2.45 | 0.61 | 0.52 |
Total Assets | 10.42 | 11.30 | 14.58 |
Share Capital | 0.51 | 0.51 | 0.51 |
Total Borrowings | 11.34 | 8.69 | 12.44 |
Operating Activities (Net Cash) | 3.41 | 1.47 | 1.33 |
Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
Financing Activities (Net Cash) | 11.34 | 8.69 | 12.44 |
Net Cashflow | 0.63 | 2.32 | 1.00 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Gurunanak Agriculture India Ltd
Our company was originally incorporated as a Private Limited Company under the name Gurunanak Agriculture India Private Limited on February 05, 2010, under the provisions of the Companies Act, 1956 bearing Corporate Identification Number U29253UP2010PTC039470 issued by Registrar of Companies- Uttar Pradesh & Uttarakhand. Subsequently, the registered office of our Company was shifted to the from Uttar Pradesh to Chhattisgarh state and a fresh Certificate of Registration for Change of State was issued by the Registrar of Companies, Chhattisgarh on October 08, 2024 bearing a new Corporate Identification number U29253CT2010PTC016944. Subsequently, our company converted into a public limited company, resulting in a name change to Gurunanak Agriculture India Limited under the Companies Act, 2013 vide a fresh Certificate of Incorporation dated December 05, 2024, bearing Corporate Identification Number U29253CT2010PLC016944, issued by the Registrar of Companies, Central Processing Centre.
Agricultural progress in India is the result of a coordinated interplay of man-machine material contact. While food grain production reached a record high of 314.51 million tonnes (Mt) in 2022, India is experiencing a parallel increase in input costs and deterioration of natural resources due to poor input utilization. Farm mechanization provides an opportunity to retain youth in agriculture by improving comfort and revenue over traditional farming. After the year 2010, agricultural mechanisation and post harvest processing entered a new era of technology known as precision agriculture and post-harvest processing. The overall mechanisation level in wheat is 69%, 50% in rice, 45% in maize, 41% in pulses, 38% in oilseeds, 35% in cotton, and 33% in millets and sugarcane. The current total agriculture mechanisation rate is 47% in India.
Gurunanak Agriculture India Limited, is engaged the manufacturing of agricultural machinery, including Threshers, Harvesters, Reapers, Rotavators, Cultivators, and more. Our company has consistently focused on delivering innovative solutions to meet the needs of the farming community. Our range of products includes Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, Rotavator, and others. Recently, our company has launched Combined Harvester which has not only met but exceeded customer expectations, quickly gaining widespread popularity in the market due to its advanced features, superior efficiency, and reliability.
Peer Comparison:
- Indo Farm Equipment Ltd
Gurunanak Agriculture India Ltd IPO Key Points
Strengths
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Risk
- Our Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- We may face several risks associated with the object of the issue of setting up of Harvester manufacturing unit, which could hamper our growth prospects, cash flows and business and financial condition.
- We cannot assure you that the proposed expansion of our Harvester manufacturing unit will become operational as scheduled, or at all, or operate as efficiently as planned. If we are unable to commission our new facility in a timely manner or without cost overruns, it may adversely affect our business, results of operations and financial condition.
Strategy
- Expansion of Product Portfolio and Innovation.
- Increase in Manufacturing Capacity and Infrastructure Expansion.
- Leveraging Multi-Channel Distribution Network.
- Focus on Cost Leadership and Competitive Pricing.
- Commitment to Customer-Centric Service and Support.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
How To Apply for Gurunanak Agriculture India Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.