The Gurunanak Agriculture IPO was subscribed overall 1.72 times on the last day, while the retail quota was subscribed 3.15 times. NII subscribed 0.29 times.
Gurunanak Agriculture IPO Details
Gurunanak Agriculture has received approval from SEBI for its IPO of ₹28.8 crores, comprising a fresh issue of ₹28.8 crores with a face value of ₹10 each. It has a set price band of ₹75 per share.
Gurunanak Agriculture IPO Funds Utilisations
- A portion of IPO money will be utilised towards Funding Capital Expenditure towards setting up Harvester Manufacturing Unit.
- A portion of IPO money would be utilised for Working Capital Requirements.
- A portion of IPO money would be utilised for Issue Related Expenses
- The IPO money will be used for the general corporate purposes.
Gurunanak Agriculture IPO Shares Distributions
Moreover, the retail category had 3200 shares in a 2-lot size with a minimum application and a maximum category.
S-HNI got 4800 shares in 3 lot sizes for the minimum category.
To participate in this IPO, each investor group has a tailored investment range
Retail Minimum Application:- ₹2,40,000.
Retail Maximum Application:-₹2,40,000.
S-Hni (Minimum)Application:- ₹3,60,000.
Gurunanak Agriculture IPO Subscription Duration
IPO Started on September 24, 2025, and closed on September 26, 2025. The allotment was on September 29, 2025, and non-allottees got a refund on September 30, 2025. Gurunanak Agriculture IPO listing is today, October 1, 2025.
About the Gurunanak Agriculture IPO
Gurunanak Agriculture India Limited makes farming machines like threshers, harvesters, reapers, rotavators, and cultivators. We focus on creating smart and helpful solutions to make farmers’ work easier.
To build on our success and meet growing market demand, they are expanding production capacity. Gurunanak Agriculture India Ltd. began in the small town of Babina, near Jhansi in Uttar Pradesh, where Mr. Sukhdev Singh, a visionary entrepreneur, started his journey to improve Indian agriculture.
Their R&D team works to improve the performance and efficiency of its current products, while also creating custom machines to meet specific customer needs. They also focus on smart design and engineering to make machines that go beyond farmers’ expectations in performance, ease of use, and durability, as it’s their mission.
