Nirman Agri Genetics IPO subscription is to open on Mar 15, 2023 and will close on Mar 20, 2023, the price band of the Nirman Agri Genetics IPO is fixed at ₹ 99. Nirman Agri Genetics is one of the organized Agri-Input Company in India engaged in the business of production, processing and marketing of high-quality hybrid seeds, Pesticides, Bio-organic for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc.
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About Nirman Agri Genetics
Nirman Agri Genetics is one of the organized Agri-Input Company in India engaged in the business of production, processing and marketing of high-quality hybrid seeds, Pesticides, Bio-organic for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and have recently forayed into micronutrients and bioproducts. Nirman Agri Genetics also produce non-hybrid seeds, primarily for paddy
Objects of the Issue
- Funding additional Working capital requirements
- Investment in Strategic Acquisition / Joint Venture
- Purchase of Computer and other hardware
- General Corporate Purposes
Nirman Agri Genetics Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Oct-22 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 915.70 | 595.87 | 164.06 |
| Total income | 1,804.28 | 1,348.91 | 382.21 |
| Total Expenses | 1,491.35 | 1,006.48 | 374.81 |
| Profit After Tax | 230.44 | 256.02 | 5.47 |
Nirman Agri Genetics IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 20,50,800 Equity Shares of ₹ 10 (aggregating up to ₹ 2030.29 Lakhs) |
| Issue Open Date | 15-Mar-23 |
| Issue Close Date | 20-Mar-23 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 99 |
| Face Value | ₹ 10 |
| Market Lot | 1200 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1200 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | NIRMAN |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Nirman Agri Genetics IPO DRHP & RHP
Nirman Agri Genetics IPO DRHP
Nirman Agri Genetics IPO RHP
Nirman Agri Genetics IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1200 | ₹ 118,800 |
| Maximum | 1 | 1200 | ₹ 118,800 |
Nirman Agri Genetics IPO Lead Managers
- First Overseas Capital Limited
Nirman Agri Genetics IPO Registrar
Nirman Agri Genetics IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 15-Mar-23 |
| Bid / Offer Closes on | 20-Mar-23 |
| Finalisation of Basis of Allotment | 24-Mar-23 |
| Initiation of refunds | 27-Mar-23 |
| Credit of the Equity Shares | 28-Mar-23 |
| Listing Date | 29-Mar-23 |
Company Registered Office
Vedant Apartment, Near Reliance Shopee,
Dindori Road, Panchavati,
Nashik – 422 003
Maharashtra, India
Website: www.nirmanagrigen.com
Company Promoters
- Pranav Kailas Bagal
Nirman Agri Genetics IPO – FAQS
What is the Nirman Agri Genetics IPO Price?
The Nirman Agri Genetics IPO price band is 99 per share
When Nirman Agri Genetics IPO will open?
The Nirman Agri Genetics IPO opens on Mar 15, 2023 and closes on Mar 20, 2023
What is the lot size of Nirman Agri Genetics IPO?
The Nirman Agri Genetics IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares
Who is the Registrar for Nirman Agri Genetics IPO?
The Registrar for Nirman Agri Genetics IPO is Bigshare Services Private Limited
How to apply in Nirman Agri Genetics IPO through UPI?
Check the step by step process here – Click here
How to apply in Nirman Agri Genetics IPO through Zerodha?
Check the step by step process here – Click here
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