Gurunanak Agriculture India IPO is a fixed price issue of ₹28.80 crore, comprising a fresh issue of 38.40 lakh shares. The bidding window was open from September 24, 2025, to September 26, 2025, with the IPO allotment to be finalised on September 29, 2025. The company is scheduled to list on the NSE SME platform on October 1, 2025.
The IPO was priced at ₹75 per share with a lot size of 1,600 shares. The public issue received bids for 62,68,800 shares against 36,48,000 shares available, resulting in an overall subscription of 1.72 times. Retail investors subscribed 3.15 times, while the NII (HNI) category was subscribed 0.29 times.
Gurunanak Agriculture India’s ₹28.80 crore IPO, priced at ₹75 per share, was subscribed 1.72 times overall. The IPO consists entirely of a fresh issue of 38.40 lakh shares. Bidding took place from September 24 to September 26, 2025, with the IPO allotment status to be finalised on September 29, 2025. Retail investors subscribed 3.15 times, while the NII (HNI) category was subscribed 0.29 times. Listing is expected on the NSE SME platform on October 1, 2025.
The table below breaks down the Gurunanak Agriculture India share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered (% of Issue) |
| Market Maker | 1,92,000 (5.00%) |
| NII (HNI) | 18,24,000 (47.50%) |
| Retail Investors (RII) | 18,24,000 (47.50%) |
| Total | 38,40,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| NII* (HNI) | 0.29 |
| Individual Investor | 3.15 |
| Total | 1.72 |
Note: The subscription details are as of September 26, 2025
Founded in February 2010, Gurunanak Agriculture India Limited is a manufacturer of agricultural machinery, including threshers, harvesters, reapers, and rotavators. Its product range covers Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, and Rotavator.
The company’s manufacturing facility is located in Durg District, Chhattisgarh, spanning 4.08 hectares, where it produces advanced agricultural equipment, with harvesters being a recent addition.
Gurunanak Agriculture has been steadily expanding its presence both in India and internationally. It has developed a strong distribution network, working closely with dealers and suppliers across multiple states and countries. Its products are exported to countries such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda.
To reach its growing customer base, the company actively participates in agricultural trade fairs, exhibitions, and seminars, demonstrating innovations and engaging directly with farmers and industry experts. Its operations are carried out through partnerships, its own dealership network (currently 48 dealers across 7 states), and direct retail sales.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 26, 2025, 10:53 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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