58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Nirman Agri Genetics Limited IPO (Nirman Agri Genetics IPO) Detail

Nirman Agri Genetics IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Nashik and caters to Chemical - Pesticides sector. First Overseas Capital is the merchant banker of Nirman Agri Genetics IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th January 2023.

Nirman Agri Genetics IPO open date is 15th March 2023 and close date is 20th March 2023. IPO Allotment Date is 23rd March 2023 and Listing date is 28th March 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Nirman Agri Genetics IPO Date

Date of DRHP:
17th January 2023
IPO Allotment Date:
23rd March 2023
IPO Open Date:
15th March 2023
Initiation of Refund:
24th March 2023
IPO Closing Date:
20th March 2023
IPO Listing Date:
28th March 2023

Nirman Agri IPO Info, Size, Subscription

Nirman Agri Genetics IPO size is Rs 20.30 Cr. crores with IPO price of Rs 99.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 20.30 Cr.

Issue Price:
₹ 99.00

Market Capitalisation :
₹ 59.01 Cr.

PE multiple :
14.93

Subscription :
1.71 times

Pre Issue Promoter Holding :
99.99 %

Post Issue Promoter Holding :
65.59%

Nirman Agri Genetics IPO Information

Sub Sector : Production of hybrid seeds
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. They also produce non-hybrid seeds, primarily for paddy. Their Promoter and Managing Director, Pranav Kailas Bagal, is a Diploma holder in Agriculture from National Backward Krushi Vidhyapeeth, Solapur, Maharashtra. He has around six years of experience in the field of Marketing of Agriculture inputs, managing customer relations and trade terms, managing manufacturing and supply chain strategies, managing costs and establish strategic partnerships with farmers, vendors and service providers etc. He has been associated with the Company as Director since
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Object of Issue (Nirman Agri IPO Objectives)

  • Funding additional Working capital requirements
  • Investment in Strategic Acquisition / Joint Venture
  • Purchase of Computer and other hardware
  • General Corporate Purposes

First Overseas Capital Limited is the book-running lead manager of the Nirman Agri Genetics IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Nirman Agri Genetics IPO.

Nirman Agri IPO Market Maker

Nnm Securities Private Limited

Nirman Agri IPO Registrar (RTA)

Bigshare Services Private Limited

Nirman Agri IPO Lead Manager (BRLM)

First Overseas Capital Limited

Nirman Agri Genetics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Nirman Agri Genetics IPO?

Nirman Agri Genetics IPO, based in Nashik, operates in the   Chemical - Pesticides sector with a focus on Production of hybrid seeds. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Nirman Agri Genetics IPO size is ₹ 20.30 Cr. Crores with fresh issue size of Rs 20.30 Cr. Crores and Offer for sale being Nil.

When is Nirman Agri IPO allotment?

The IPO allotment date for Nirman Agri Genetics IPO is expected to be 23rd March 2023, after the finalization of basis of allotment. Investors can check Nirman Agri Genetics IPO allotment status on the registrars website, Bigshare Services Private Limited. Nirman Agri Genetics IPO refund dates are 24th March 2023.

When is Nirman Agri Genetics IPO listing date?

Nirman Agri Genetics IPO is expected to be listed on 28th March 2023.

What is the price band for Nirman Agri IPO?

The upper price band for the Nirman Agri Genetics IPO is set at ₹ 99.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Nirman Agri Genetics IPO Review?

For IPO analysis on Nirman Agri Genetics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Nirman Agri Genetics IPO?

To apply for the Nirman Agri Genetics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th March 2023. After submission, funds are blocked until the basis of allotment of Nirman Agri Genetics IPO is finalised.

Who is the merchant banker of Nirman Agri IPO?

The merchant banker for Nirman Agri Genetics IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Nirman Agri Genetics IPO RHP for further details.

Who is the Registrar of Nirman Agri Genetics IPO?

The registrar for Nirman Agri Genetics IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Nirman Agri Genetics IPO through their official website or helpline.

What is the Nirman Agri Genetics IPO subscription?

Nirman Agri Genetics IPO was subscribed 1.71 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 20.30 Cr. Avg IPO Size (Sector Based) : ₹ 29.91 Cr.
  • Sector: Chemical - Pesticides SME IPO so far: 5
  • Merchant Banker: First Overseas SME IPO by BRLM so far: 47
  • City: Nashik SME IPO so far: 13
  • Revenue (annualised): ₹ 30.93 cr.
            PAT: (annualised): ₹ 3.94 cr.
  • PE Ratio: 14.93x Average Sector PE Ratio: 14.30x
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FAQs

Nirman Agri Genetics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Nirman Agri Genetics Financial Review Page

Nirman Agri Genetics IPO subscription was 1.71 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nirman Agri Genetics IPO listed at a listing price of 102.00 against the offer price of 99.00.

The current market price of Nirman Agri Genetics is 263.55.

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