How to Check Gurunanak Agriculture India IPO Allotment Status?

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Last Updated: 29th September 2025 - 11:15 am

Gurunanak Agriculture India Limited manufactures agricultural machinery including threshers, harvesters, reapers, and rotavators, incorporated in February 2010. The company operates manufacturing facility in Durg District, Chhattisgarh across 4.08 hectares while producing Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, and Rotavator through distribution network of 48 dealers across 7 states, exporting to Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan, and Uganda while actively participating in agricultural trade fairs and exhibitions.

The Gurunanak Agriculture IPO came with a total issue size of ₹28.80 crore, comprising entirely a fresh issue of 0.38 crore shares aggregating to ₹28.80 crore. The IPO opened on September 24, 2025, and closed on September 26, 2025. The allotment for the Gurunanak Agriculture IPO is expected to be finalized on Monday, September 29, 2025. The Gurunanak Agriculture IPO price was fixed at ₹75 per share.

Steps to Check Gurunanak Agriculture IPO Allotment Status on Registrar Site

  • Visit the Cameo Corporate Services Ltd. website 
  • Select "Gurunanak Agriculture" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Gurunanak Agriculture IPO Allotment Status on NSE

  • Navigate to the NSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "Gurunanak Agriculture" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

Gurunanak Agriculture IPO Subscription Status

Gurunanak Agriculture IPO received weak investor interest, being subscribed only 1.72 times overall. The subscription showed mixed response with strong retail interest but very poor institutional participation. Here is a category-wise breakdown of the subscription as of 5:30:01 PM on September 26, 2025:

  • Non-Institutional Investors (NII): 0.29 times.
  • Individual Investors: 3.15 times.
Date NI Individual Total
Day 1 September 24, 2025 0.08 1.00 0.54
Day 2 September 25, 2025 0.19 2.35 1.27
Day 3 September 26, 2025 0.29 3.15 1.72

Gurunanak Agriculture IPO Share Price and Investment Details

The Gurunanak Agriculture IPO price was fixed at ₹75 per share with a minimum lot size of 1,600 shares. The minimum investment required for individual investors was ₹2,40,000 for 2 lots (3,200 shares). Given the weak overall subscription of 1.72 times with very poor institutional interest at 0.29 times despite strong retail response at 3.15 times, the Gurunanak Agriculture IPO share price is expected to list flat to modest premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

  • Capital expenditure for harvester manufacturing unit setup: ₹17.07 crore.
  • Working capital requirements: ₹6.77 crore.
  • Issue related expenses: ₹2.96 crore.
  • General corporate expenses: ₹2.00 crore.

Business Overview

Gurunanak Agriculture India Limited operates with comprehensive product portfolio, strong brand reputation and customer trust, technological innovation and R&D capabilities, cost-effective locally manufactured products, strategic distribution network, established manufacturing capabilities, scalability and expansion plans, and strong financial management while serving the agricultural machinery sector.

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  • Date Range 23 Oct- 27 Oct’23
  • Price 23
  • IPO Size 200
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