Nirman Agri Genetics Limited IPO
NSE SMEListed On: Mar 28, 2023 at ₹ 102.0
₹ 237600 /2400 Shares
*Min Investment
15 Mar, 2023
Open Date20 Mar, 2023
Close Date23 Mar, 2023
Allotment Date28 Mar, 2023
Listing DateNirman Agri Genetics Limited IPO Issue Details
- Issue Price ₹99 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,050,800 shares of ₹10(aggregating up to ₹20.30 Cr)
- Listing at NSE SME
- List Price 102.0
- Listing Date 2023-03-28
- Lead Manager First Overseas Capital Limited
- Registrar Bigshare Services Pvt Ltd
Nirman Agri Genetics Limited IPO Details
- Retail Portion N/A
Nirman Agri Genetics Limited IPO Details
Nirman Agri Genetics Limited IPO is an SME IPO, priced at ₹99 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 15, 2023 to Mar 20, 2023. The allotment is expected to be finalized on Mar 23, 2023, and the tentative listing date is Mar 28, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Nirman Agri Genetics Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 973,200 | 973,200 | 1,946,400 |
Day 1 15-03-23 06:00 PM | 0.62 x | 0.49 x | 0.55 x |
Day 2 16-03-23 06:00 PM | 0.74 x | 0.99 x | 0.86 x |
Day 3 17-03-23 06:00 PM | 0.74 x | 1.30 x | 1.02 x |
Day 4 20-03-23 06:00 PM | 1.22 x | 2.20 x | 1.71 x |
Nirman Agri Genetics Limited Valuations
Nirman Agri Genetics Limited Company Financials
| 31-Oct-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 915.70 | 595.87 | 164.06 | N/A |
| Revenue | 1,804.28 | 1,348.91 | 382.21 | N/A |
| Profit After Tax | 230.44 | 256.02 | 5.47 | N/A |
About Nirman Agri Genetics Limited 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.
Nirman Agri Genetics Limited - Promoter(s)
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 65.59%
Nirman Agri Genetics Limited IPO - Issue Objectives
Funding additional Working capital requirements
Investment in Strategic Acquisition / Joint Venture
Purchase of Computer and other hardware
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Nirman Agri Genetics Limited IPO is 2,050,800 shares of ₹10(aggregating up to ₹20.30 Cr).
Ans. The Nirman Agri Genetics Limited IPO price band is set between ₹99 per equity share.
Ans. To apply for Nirman Agri Genetics Limited 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 Nirman Agri Genetics Limited IPO allotment status online.
