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Gurunanak Agriculture India Ltd

Gurunanak Agriculture India Ltd

    Registered Office : Kh #539 PH #45/52 Vill-Kandark,Teh-Dhamdha Ahiwara,Durg Chattisgarh 490036 Phone : +91 91097 32303
    Fax :

    Email : cs@gnagro.com

    Website : www.gnagro.com

Initial public offer of up to 38,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Gurunanak Agriculture (India) Limited (the "Company" or the "Issuer") for cash at a price of Rs. 75/- per equity share, including a share premium of Rs. 65/- per equity share (the "Issue Price"), aggregating to Rs. 28.80 crores ("the Issue"), of which 1,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share, aggregating to Rs. 1.44 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 36,48,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share, aggregating to Rs. 27.36 crores is here in after referred to as the ônet issueö. The issue and the net issue will constitute 32.00 % and 30.40 % respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 75/- each i.e., 7.5 times of the face value of the equity shares. The minimum lot size is 1,600 equity shares.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

75.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

25.84

28.80

12.00

75.00

Finshore Management Services Ltd

Projects
  • Funding capital expenditure towards setting up Harvester Manufacturing Unit
  • Working capital requirements
  • General corporate expenses
Promoted By
  • Harjeet Singh
  • Jaspreet Kaur
  • Kamaljeet Singh Kalsi
Listing At
  • NSE - SME
Registrar to the Issue
  • Cameo Corporate Services Ltd