Gujarat Peanut & Agri Products IPO is a fixed price issue of ₹23.81 crores. The issue is entirely a fresh issue of 29.76 lakh shares aggregating to ₹23.81 crores.
The IPO opens for subscription on September 25, 2025 and will close on September 29, 2025. The basis of allotment will be finalised soon after closure, and the shares are proposed to be listed on the BSE SME platform.
The issue price has been fixed at ₹80 per share. The lot size is 1,600 shares. A retail investor is required to make a minimum investment of ₹2,56,000 for 3,200 shares (2 lots). For High Net-worth Individuals (HNIs), the minimum application is for 3 lots or 4,800 shares, amounting to ₹3,84,000.
Finshore Management Services Ltd. is the book running lead manager, and Integrated Registry Management Services Pvt. Ltd. is the registrar of the issue. Anant Securities is the market maker.
Gujarat Peanut & Agri Products IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The company plans to use ₹1,222.89 lakh (51.36% of the total issue size) for purchasing additional plant and machinery to expand production capacity.
- ₹686.04 lakh (28.82%) will be utilised to meet working capital requirements.
- ₹200.00 lakh (8.40%) will be allocated for general corporate purposes.
- Listing on the stock exchange aims to enhance the company’s corporate image, strengthen brand recognition, and create a public market for its shares.
- The fund allocation is based on internal estimates and may be adjusted through surplus funds, internal accruals, or debt if required.
About Gujarat Peanut & Agri Products Limited
Gujarat Peanut and Agri Products Limited, founded in 2005, is a family-owned business based in Rajkot, Gujarat. The company focuses on processing and exporting peanuts and other agricultural products. Its operations include cleaning, grading, sorting, processing, buying, selling, trading, and marketing a wide range of agricultural commodities such as peanuts, sesame seeds, spices, grains, pulses, and raw cotton, serving both domestic and international markets.
The company’s manufacturing facility in Rajkot spans 6,373.80 square meters and supports an extensive network of buyers across various countries. Its competitive strengths include an experienced promoter and professional management team, strong market presence, long-term client relationships with repeat business, established supplier networks, a large and integrated manufacturing facility with strategic location advantages, and commitment to quality supported by relevant accreditations.
Industry Outlook
- Agriculture is the primary livelihood for ~55% of India’s population and India is a leading global producer of milk, pulses, spices, wheat, rice, cotton, fruits, vegetables, tea, and farmed fish.
- India’s food processing industry contributes 32% to the country’s total food market, ranking fifth globally in production, consumption, export, and growth potential.
- Foodgrain production in 2022-23 reached 330.5 million metric tonnes (MT), with Kharif foodgrain production for 2024-25 projected at 1,647.05 LMT, showing steady growth.
- Horticulture output in 2022-23 was a record 351.92 MT, up 1.37% from the previous year.
- India’s agricultural exports in FY25 (April-December) reached US$17.77 billion, driven by marine products, rice, spices, buffalo meat, sugar, and processed foods.
- Rapid population growth, rising rural and urban incomes, and technology adoption (AI, blockchain, GIS, drones, e-farming apps) are boosting demand and efficiency in the sector.
- Major government initiatives include the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan), PM-Krishi Sinchai Yojana (PMKSY), PMFME Scheme, and the Production-Linked Incentive Scheme for Food Processing (PLISFPI), all aimed at supporting farmers, boosting production, and expanding food processing infrastructure.
How To Apply for the Gujarat Peanut & Agri Products IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Gujarat Peanut & Agri Products IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Gujarat Peanut & Agri Products IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Gujarat Peanut & Agri Products Limited
Registered office: Gujarat Peanut & Agri Products Ltd.
D - 402, Imperial Heights, Opp. Big Bazar
150 Feet Ring Road, Rajkot,
Gujarat, India, 360005
Rajkot, Gujarat, 360005
Phone:98258 03208
E-mail:cs@gujaratpeanut.com
Gujarat Peanut & Agri Products IPO Reservation
|
Investor Category |
Shares Offered |
|
Market Maker |
1,48,800 (5.00%) |
|
NII (HNI) |
14,12,800 (47.47%) |
|
Retail |
14,14,400 (47.53%) |
|
Total |
29,76,000 (100.00%) |
Gujarat Peanut & Agri Products IPO Lot Size Details
|
Application |
Lots |
Shares |
Amount |
|
Individual Investors (Retail) – Min |
2 |
3,200 |
₹2,56,000 |
|
Individual Investors (Retail) – Max |
2 |
3,200 |
₹2,56,000 |
|
HNI – Min |
3 |
4,800 |
₹3,84,000 |
Gujarat Peanut & Agri Products IPO Promoter Holding
Mr Arunkumar Natvarlal Chag, Mr Sagar Arunkumar Chag, and Mrs Dhruva Sagar Chag are the promoters of the company
|
Share Holding Pre-Issue |
100% |
|
Share Holding Post Issue |
71% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Gujarat Peanut & Agri Products IPO
|
KPI |
Value |
|
ROE (%) |
33.65 |
|
ROCE (%) |
62.69 |
|
Debt/Equity |
2.02 |
|
RoNW (%) |
33.65 |
|
PAT Margin (%) |
1.79 |
|
EBITDA Margin (%) |
2.63 |
|
Price to Book Value |
3.02 |
Gujarat Peanut & Agri Products IPO Prospectus
Gujarat Peanut & Agri Products IPO Registrar and Lead Managers
Gujarat Peanut & Agri Products IPO Lead Managers
- Finshore Management Services Ltd.
Registrar for Gujarat Peanut & Agri Products IPO
Integrated Registry Management Services Pvt.Ltd.
- Phone: 044 - 28140801 to 28140803
- Email: smeipo@integratedindia.in
Financial Performance of Gujarat Peanut & Agri Products Limited
| Particulars | Year ending on Mar 31, 2025 | Year ending on Mar 31, 2024 | Year ending on Mar 31, 2023 |
|---|---|---|---|
| Assets (₹ Crore) | 126.92 | 72.75 | 31.33 |
| Total Income (₹ Crore) | 366.32 | 300.43 | 149.38 |
| Profit After Tax (₹ Crore) | 6.50 | 3.95 | 0.82 |
| EBITDA (₹ Crore) | 9.53 | 4.26 | 1.61 |
| Net Worth (₹ Crore) | 19.30 | 10.81 | 5.61 |
| Reserves and Surplus (₹ Crore) | 12.02 | 3.77 | 4.75 |
| Total Borrowing (₹ Crore) | 38.89 | 44.34 | 16.72 |
Know before investing
Strengths
7Established presence in domestic and international agricultural markets, allowing flexibility to shift focus across commodities based on demand and pricing trends.
Maintains enduring relationships with clients and suppliers, ensuring repeat business, timely supplies, and high-quality products.
State-of-the-art plant in Rajkot with modern machinery, strategic location near key transportation routes and ports, ensuring efficient operations and minimal wastage.
Continuous focus on reducing costs, improving productivity, and leveraging economies of scale to remain competitive.
Ability to meet global standards with a robust presence in both domestic and overseas markets.
Plans to add dedicated production lines for peanut oil, peanut protein powder, and peanut butter, increasing annual output and meeting growing market demand.
Strong market reputation and customer loyalty provide opportunities to further enhance brand presence and attract new clients.
Risks
7The company, its promoters, and directors are involved in certain legal, tax, and regulatory proceedings.
Being primarily engaged in agricultural products like peanuts, seeds, spices, and pulses, any increase in raw material costs could raise manufacturing expenses.
Planned expansion, including installation of new production lines for peanut oil, peanut protein powder, and peanut butter, may strain financial, operational, and managerial resources.
The company has not yet placed orders for the proposed plant and machinery. Delays or cost escalations in procurement could affect the timeline and budget of expansion, impacting overall business growth.
Existing contingent liabilities, such as pending tax and GST obligations, could materialize and affect the company’s financial condition if not managed properly.
Past delays in filing statutory returns, such as GST, EPF, and professional tax, may result in penalties or interest. Continued non-compliance could adversely affect cash flows and attract regulatory scrutiny.
Reduced demand or cancellation of orders may lead to underutilization of manufacturing capacity, overproduction, or mismatched product supply, negatively impacting revenue, profitability, and operational efficiency.

