Non-Institutional Investors (NIIs) for 7,20,000 shares, while individual investors (IND category bidding for 2 lots) placed bids for 57,40,800 shares.

The issue opened for bidding on 24 September 2025 and it closed on 26 September 2025. The price of the IPO was fixed at Rs 75 per share. The equity shares will list on NSE's SME platform.

The IPO comprised a fresh issue of 43, 38,40,000 equity shares. The promoter and promoter shareholding diluted to 68% from 99.99% Pre-IPO.

The company intends to utilize the net proceeds for funding capital expenditure towards setting up harvester manufacturing unit, working capital requirements, issue related expenses and for general corporate purposes.

Guru Nanak Agriculture India is a leading manufacturer of agricultural machinery, specializing in threshers, harvesters, reapers, and rotavators. Their product range includes Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, as well as Harvesters, Reapers, and Rotavators. The company’s manufacturing unit is located in Durg District, Chhattisgarh. Over the years, Guru Nanak Agriculture India Ltd. has steadily expanded its market presence both within India and internationally. It has built a robust distribution network by collaborating with dealers and suppliers across multiple states and countries.

The company’s exports have received recognition in several regions, including Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda. To support its growing customer base, Guru Nanak Agriculture actively participates in agricultural trade fairs, exhibitions, and seminars, where it showcases its latest innovations and engages directly with farmers and industry experts. As of 31 August 2025, the company had a total of 45 employees.

The company recorded revenue from operations of Rs 43.85 crore and net profit of Rs 6.06 crore for the period ended 31 March 2025.