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NANIRMANListed

Nirman Agri Genetics Limited

Fixed Price IPO · NSE

Price band
₹99 - ₹99
Lot size
1,200 shares
Issue amount
₹20.3 cr
Total subscription
1.03×
Current price₹26.85
Listing price ₹102
Watch live price ↗
Opens
15 Mar 2023
Closes
20 Mar 2023
Allotment
24 Mar 2023
Listing
28 Mar 2023

Offer at a glance

Issue overview

Issue size
20,50,800 shares
Face value
₹10 per share
Minimum investment
₹1,18,800
Fresh issue
₹20.3 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,18,800
Issue type
Fixed Price IPO
Shares before issue
39,10,000
Shares after issue
59,60,800

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,18,800
HNI22,400₹2,37,600

Share reservation

Market Maker5.09%
NII (HNI)47.45%
RETAIL47.45%

Subscription & GMP

Subscription by category

Total subscribed1.03×

Subscription figures are awaiting publication.

GMP history

01221 Mar: ₹212 Nov: ₹2
21 Mar₹212 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05001,0001,5002,000Oct 2022 · Revenue: 1,804.28Oct 2022 · Profit after tax: 230.44Oct 2022Mar 2022 · Revenue: 1,348.91Mar 2022 · Profit after tax: 256.02Mar 2022Mar 2021 · Revenue: 382.21Mar 2021 · Profit after tax: 5.47Mar 2021
RevenueProfit after tax

Company information

Company profile

Incorporated in 2020, Nirman Agri Genetics Limited is an organized agri-input company engaged in the production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic products for crops like corn, sunflower, cotton, paddy, and grain sorghum. The company has also expanded into micronutrients and bioproducts, along with producing non-hybrid paddy seeds. With production, outsourced processing, and R&D facilities in Maharashtra, Gujarat, and Madhya Pradesh, Nirman markets bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures, and plant growth regulators under its brand “Nirman Agri Genetics.” The company aims to be a leading crop solutions provider by offering high-yielding hybrid seeds and effective crop management products to farmers.

Promoters

Pranav Kailas Bagal

Registrar & documents

Lead manager

First Overseas Capital Limited

Registered office

Vedant Apartment, Near Reliance Shopee, Dindori Road, Panchavati, Nashik – 422 003

+91 253 2943101

[email protected]Company website ↗

Understanding NIRMAN IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.