Gurunanak Agriculture India Limited
Minimum investment
Bidding date
24 Sep - 26 Sep 2025
Price range
₹75 - ₹75
Minimum quantity
3,200
Minimum investment
₹1,20,000
Issue size
₹28.8 Cr.
IPO doc (link)
RHP docs
Listing exchange
NSE/BSE
Category | Subscription |
|---|---|
Qualified Institutional Buyers | - |
Retail Individual Investor | - |
Non-Institutional Investor | 0.39x |
Others | - |
Total | - |
Gurunanak Agriculture India Ltd., incorporated in February 2010, is engaged in the manufacturing of agricultural machinery such as threshers, harvesters, reapers, and rotavators. Its product portfolio includes Paddy Thresher, Wheat Thresher, Groundnut Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, and Rotavator.
The company operates a manufacturing facility spread across 4.08 hectares in Durg District, Chhattisgarh. It has a wide distribution network of 48 dealers across 7 states and a growing international presence, with exports to Bhutan, Nepal, Ghana, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda.
Gurunanak Agriculture also actively participates in trade fairs, exhibitions, and seminars, showcasing its innovations and strengthening customer engagement. Its strong focus on R&D, cost-effective production, and expansion plans have helped build a trusted reputation in the agricultural machinery sector.
Wide Product Portfolio: The company offers a diversified range of agricultural machinery including threshers, harvesters, reapers, and rotavators. This variety allows it to cater to multiple crop segments and farmers with different needs.
Strong Brand Reputation: Over the years, Gurunanak Agriculture has built a strong reputation among farmers in India as well as international markets. Its trusted name helps in maintaining long-term customer relationships.
Focus on Technology and R&D: The company invests in research and development to innovate and manufacture advanced machinery. This technological edge enhances product quality and market competitiveness.
Established Distribution Network: With 48 dealers across 7 Indian states and exports to multiple countries, the company has a strong sales and service network ensuring accessibility and customer support.
Financial Growth: The company has shown consistent growth in profitability, with PAT rising by 147% in FY25 compared to FY24, supported by strong return ratios and healthy margins.
Dependency on Agriculture Sector: The company’s performance is closely linked to the agriculture industry, which is affected by monsoons, crop cycles, and government policies.
Competitive Industry: The agricultural machinery sector is highly competitive with several domestic and international players, putting pressure on margins and market share.
High Capital Requirement: Expansion projects and new product development require significant investment, which can impact cash flow and profitability in the short term.
Revenue Concentration Risk: A considerable portion of sales comes from limited geographies and dealer networks, making the business vulnerable to regional fluctuations.
Promoter Shareholding Dilution: Post-IPO, promoter shareholding will reduce to 68%, which may lead to lower control and influence of promoters over company decisions.
N/A
N/A
N/A
