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IPO Synopsis

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Gurunanak Agriculture India Ltd
Registered Office: Kh #539 PH #45/52 Vill-Kandark,Teh-Dhamdha Ahiwara , Durg - 490036 , Chattisgarh , India.
Phone : +91 91097 32303
Fax :
Email :  cs@gnagro.com  
Website :  www.gnagro.com
Initial public offer of up to 38,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Gurunanak Agriculture (India) Limited (the "Company" or the "Issuer") for cash at a price of Rs. 75/- per equity share, including a share premium of Rs. 65/- per equity share (the "Issue Price"), aggregating to Rs. 28.80 crores ("the Issue"), of which 1,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share, aggregating to Rs. 1.44 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 36,48,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share, aggregating to Rs. 27.36 crores is here in after referred to as the one issue The issue and the net issue will constitute 32.00 % and 30.40 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 75/- for equity share of face value of Rs. 10 each. The floor price is 7.50 times times the face value of the face value of the equity shares. Bids can made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Offer Price Application
24-Sep-25 26-Sep-25 ₹  75.00 ₹  75.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Lead Managers to the Issue
Project Cost ₹   25.84 Cr
Finshore Management Services Ltd
Project Financed through Current Offer ₹   28.80 Cr  
Post Issue Equity Share Capital ₹   12.00 Cr  
Face Value ₹   10  
 
Projects
Funding capital expenditure towards setting up Harvester Manufacturing UnitGeneral corporate expenses
Working capital requirements
Promoted By
Harjeet Singh  
Jaspreet Kaur  
Kamaljeet Singh Kalsi  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd 
 
 

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