Gurunanak Agriculture India IPO Allotment Status: Check Overall Subscription, Steps to Verify Status
Gurunanak Agriculture India IPO Allotment process is expected to be finalised today, on September 29, 2025. The company launched its IPO on September 24, 2025, for public subscription. The company's shares will be listed on NSE, with a tentative listing date of October 1, 2025.
Learn the procedure for checking your allotment status on the NSE.
Steps to Check Gurunanak Agriculture India IPO Allotment Status on NSE?
Here is the process to check Gurunanak Agriculture India IPO Allotment Status on NSE?
- Open the Application Status page of NSE here.?
- Choose 'Equity & SME IPO bid details'.?
- Select 'Gurunanak Agriculture India' from the list of companies.?
- Enter your IPO application number and PAN details.?
- Click on the submit button to check the details of the share allotment.?
Gurunanak Agriculture India IPO Overall Subscription Status
[26th September, 2025, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
0 |
|
Non-Institutional Investors (NIIs) |
0.29 |
|
Retail Individual Investors (RIIs) |
3.15 |
|
Total |
1.72 |
Gurunanak Agriculture India Ltd - IPO Details
Gurunanak Agriculture India IPO was a fixed price issue of ?28.80 crores, consisting entirely of a fresh issue of 0.38 crore shares.
The IPO price band was set at ?75 per share. The minimum lot size for an application was 1600, and the minimum amount of investment required by a retail investor was ?2,40,000.00 (3,200 shares) based on the upper price band.
Finshore Management Services Ltd. was the book-running lead manager, and Cameo Corporate Services Ltd. was the registrar of the issue. The market maker of the company was Anant Securities.
Utilisation of Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Funding Capital Expenditure towards setting up the Harvester Manufacturing Unit.
- Funding the Working Capital requirement.
- Issue Related Expenses.
- General Corporate Purposes.
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Gurunanak Agriculture India Ltd - Business Overview
Gurunanak Agriculture India Ltd is engaged in the manufacturing of a range of agricultural machinery, including threshers, reapers, rotavators and harvesters. Its range of products includes Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, Rotavator, and others.
It operates a manufacturing facility of over 4.08 hectares in Durg district, Chhattisgarh, and sells through over 48 dealers across seven Indian states. It also exports to several countries, including Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan and Uganda.
Financially, Gurunanak Agriculture Ltd reported a revenue of ?43.95 crore in FY25? and a profit after tax (PAT) of ?2.45 crore.
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Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.?
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