Gurunanak Agriculture India Limited
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The Initial Public Offering of Gurunanak Agriculture India Limited's culminated in its successful listing on Oct 01, 2025 at the NSE trading platform. The company secured 38,40,000 Shares through this capital market exercise, with 38,40,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹75 to ₹75, with minimum investment requirements of 1600 shares. The subscription period from Sep 24, 2025 to Sep 26, 2025 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Sep 29, 2025. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Gurunanak Agriculture India Limited, incorporated in February 2010, is engaged in the manufacturing of agricultural machinery, including threshers, harvesters, reapers, and rotavators. Its product range covers paddy, groundnut, wheat, maize, and multi-crop threshers, along with harvesters, reapers, and rotavators. The company’s manufacturing facility is located in the Durg district of Chhattisgarh. Over the years, it has steadily expanded its presence both in India and abroad, supported by a strong distribution network of dealers and suppliers across several states and countries. Its exports have established a notable footprint in regions such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda. To strengthen customer engagement and showcase innovations, the company actively participates in agricultural trade fairs, exhibitions, and seminars, enabling direct interaction with farmers and industry experts. As of February 28, 2025, Gurunanak Agriculture India Limited employed 43 people across various departments.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Range – Offers threshers, harvesters, reapers, rotavators, and cultivators to meet diverse crop and farming needs.
- Strong Farmer Trust – Known for durable, high-performance machinery with strong demand, especially for its popular combined harvester.
- Innovation Driven – Continuous R&D delivers advanced, cost-effective solutions that improve farming efficiency and productivity.
- Project Setup Risk – Establishing the new harvester manufacturing unit carries risks that may impact growth, cash flow, and financial stability.
- Commissioning Delays – Any delay or inefficiency in making the unit operational could affect business performance and financials.
- Order & Civil Work Delays – Pending civil work and machinery orders may lead to project delays and higher costs.
- Harjeet Singh
- Jaspreet Kaur
- Kamaljeet Singh Kalsi
Gurunanak Agriculture India Limited
Cameo Corporate Services Limited