31 Mar 2023
Assets18.17
Total Income39.17
EBITDA2.53
Profit After Tax0.61
NET Worth3.77
Reserves and Surplus3.26
Total Borrowing6.66
At a glance
Updated 2026-09-10Gurunanak Agriculture is a SME IPO with an issue size of ₹28.80 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹27.36 crore.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹28.80 Cr
Fresh issue₹27.36 Cr
Face value₹10
Price band—–—
Allotment29th Sep 2025
Listing1st Oct 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹75.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Sep 2025
Closes26th Sep 2025
Allotment29th Sep 2025
Refund30th Sep 2025
Demat30th Sep 2025
Listing1st Oct 2025
Subscription demand
Full bidding ↗Total1.72×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure towards setting up Harvester Manufacturing Unit | ₹17.07 Cr |
| Working Capital Requirements | ₹6.77 Cr |
| Issue Related Expenses | ₹2.96 Cr |
| General Corporate Expenses | ₹2.00 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue43.95₹ Cr · -0.3% vs prior year
EBITDA9.75₹ Cr · +81.6% vs prior year
PAT6.06₹ Cr · +147.3% vs prior year
Assets20.16₹ Cr · -8.3% vs prior year
Net Worth12.27₹ Cr · +97.3% vs prior year
Borrowing4.66₹ Cr · -56.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets21.99
Total Income44.09
EBITDA5.37
Profit After Tax2.45
NET Worth6.22
Reserves and Surplus5.71
Total Borrowing10.59
31 Mar 2025
Assets20.16
Total Income43.95
EBITDA9.75
Profit After Tax6.06
NET Worth12.27
Reserves and Surplus4.11
Total Borrowing4.66
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 49.33% |
| ROCE | 63.88% |
| Debt / Equity | 0.38% |
| RoNW | 49.33% |
| PAT Margin | 13.81% |
| EBITDA Margin | 22.23% |
| Price to Book Value | 4.99 |
Valuation & shareholding
Pre-IPO EPS7.42
Post-IPO EPS5.05
Pre-IPO P/E10.11
Post-IPO P/E14.86
Promoter holding pre99.99%
Promoter holding post68%
Market cap₹90.00 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Gurunanak Agriculture India IPO | — | 14.86 x | — | — |
| Farm Peace IPO | — | 16.12 x | — | — |
| Dhanwel Hybrid IPO | — | 14.74 x | — | — |
| Adon Agro IPO | — | 6.42 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees (including Underwriting Commission) | ₹0.83 Cr |
| Registrar to the issue, Legal Advisor, Auditors, Market Maker, Sponsor Bank and Bankers to the Issue, Bidding charges, Printing and distribution of Issue Stationary | ₹0.17 Cr |
| Regulators Including Stock Exchanges | ₹0.24 Cr |
| Advertising, Marketing and Advisory Expenses | ₹1.73 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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