IPO

Nirman Agri Genetics Limited IPO

NSE SME

Listed On: Mar 28, 2023 at ₹ 102.0

₹ 118800 /1200 Shares

Check Allotment

Nirman Agri Genetics Limited IPO Details

15 Mar, 2023

Open Date

20 Mar, 2023

Close Date

23 Mar, 2023

Allotment Date

28 Mar, 2023

Listing Date

Issue Price

₹99 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

102.0

Listing Date

2023-03-28

Market Lot

1200 Shares (₹118,800/-)

Lead Manager

First Overseas Capital Limited

Issue Size

2,050,800 shares of ₹10(aggregating up to ₹20.30 Cr)

Retail Portion

N/A

Subscription

1.71 times

IPO Docs

DRHP RHP

Nirman Agri Genetics Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved973,200973,2001,946,400
Day 1 - 15-03-23 06:00 PM0.62 x0.49 x0.55 x
Day 2 - 16-03-23 06:00 PM0.74 x0.99 x0.86 x
Day 3 - 17-03-23 06:00 PM0.74 x1.30 x1.02 x
Day 4 - 20-03-23 06:00 PM1.22 x2.20 x1.71 x

Nirman Agri Genetics Limited Valuations

Earnings Per Share (EPS)

₹0.17/-

P/E Ratio

N/A

RoNW

45.02%

Net Asset Value (NAV) - Post Issue

₹18.18/-

Nirman Agri Genetics Limited Company Financials All values are in ₹ Lakh

31-Oct-2231-Mar-2231-Mar-2131-Mar-20
Assets915.70595.87164.06N/A
Revenue1,804.281,348.91382.21N/A
Profit After Tax230.44256.025.47N/A

About The Company

Nirman Agri Genetics Limited is an organized Agri-Input Company in India. The company is in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and Bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc.

Expanding its horizon, Nirman Agri Genetics Limited recently forayed into micronutrients and Bioproducts. And they also produce non-hybrid seeds, primarily for paddy.

The company currently has production, outsourced processing, and R&D facilities in Nashik and Nimgul, Maharashtra, Gujarat, and Madhya Pradesh.

In 2022, Nirman began to market bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures & plant growth regulators under the name Nirman Agri Genetics.

Nirman Agri Genetics Limited strives at becoming a leading crop solutions provider for farmers by supplying high-yielding hybrid seeds and crop management through micronutrients, by-products, etc.

Read More

Nirman Agri Genetics Limited - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 65.59%

Company Promoter(s)

Nirman Agri Genetics Limited IPO - Issue Objectives

  1. Funding additional Working capital requirements
  2. Investment in Strategic Acquisition / Joint Venture
  3. Purchase of Computer and other hardware
  4. General Corporate Purposes

Nirman Agri Genetics Limited IPO - FAQs

Ans. Nirman Agri Genetics Limited IPO is a SME IPO. The issue is priced at ₹99 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 15, 2023, and closes on Mar 20, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Nirman Agri Genetics Limited IPO opens on Mar 15, 2023 and closes on Mar 20, 2023.

Ans. The size of Nirman Agri Genetics Limited IPO is 2,050,800 shares of ₹10(aggregating up to ₹20.30 Cr).

Ans. The IPO price band is set between ₹99 per equity share.

Ans. To apply for Nirman Agri Genetics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Nirman Agri Genetics Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Nirman Agri Genetics Limited IPO is Mar 23, 2023.

Ans. The Nirman Agri Genetics Limited IPO will be listed on Mar 28, 2023.

Ans. Follow the steps to check the allotment status for Nirman Agri Genetics Limited IPO here.