Nirman Agri Genetics IPO subscription status started on Wednesdays March 15, 2023 and will close on March 20, 2023. Nirman Agri Genetics IPO to raise around ₹20.30 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹99 per equity share.
The Nirman Agri Genetics IPO minimum market lot is 1200 shares with ₹118,800 application amount. The IPO to list on NSE.
Nirman Agri Genetics Limited is doing the production, processing, and marketing of hybrid seeds, pesticides, and Bio-organics. These products are used in crops like corn, sunflower, cotton, paddy, grain sorghum, etc. Nirman Agri Genetics began to market bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures & plant growth regulators under the name “Nirman Agri Genetics” in 2022.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky) Investors should also look at the NII, and Retail numbers before investing.
Nirman Agri Genetics IPO Subscription Status – Closed
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| NII | 0.62 | 0.74 | 0.74 | 1.22 |
| RII | 0.49 | 0.99 | 1.31 | 1.22 |
| Total | 0.55 | 0.86 | 1.02 | 1.71 |
Nirman Agri Genetics IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Nirman Agri Genetics IPO Review
- Risky
Nirman Agri Genetics IPO Date & Price Band
| IPO Open: | March 15, 2023 |
| IPO Close: | March 20, 2023 |
| IPO Size: | Approx ₹20.30 Crores, 2,050,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹99 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Nirman Agri Genetics IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹118,800 |
| Retail Maximum | 1 | 1200 | ₹118,800 |
| S-HNI Minimum | 2 | 2400 | ₹237,600 |
Nirman Agri Genetics IPO Subscription Dates
| IPO Open Date: | March 15, 2023 |
| IPO Close Date: | March 20, 2023 |
| Basis of Allotment: | March 23, 2023 |
| Refunds: | March 24, 2023 |
| Credit to Demat Account: | March 27, 2023 |
| IPO Listing Date: | March 29, 2023 |
Nirman Agri Genetics IPO Form
How to apply for the Nirman Agri Genetics IPO? You can apply for Nirman Agri Genetics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Nirman Agri Genetics IPO in the Invest section. The other option is you can apply for Nirman Agri Genetics IPO via IPO forms downloaded via NSE. Check out the Nirman Agri Genetics forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
