243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Agricon Nutritech Limited

Vadodara

Date of DRHP : 18 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Agricon Nutritech Basic Details

   Agro

Sub Sector: micronutrients to sugar mills for sugarcane production

Exchange:
NSE Emerge

About the Company

Agricon Nutritech specialize in supplying micronutrients for soil health solutions. Agricon Nutritech initially focused on providing micronutrients to sugar mills for sugarcane production, which helped avoid a variety of soil-borne diseases, including wilt disease. Under the leadership of Their Promoter, Narendra Laljibhai Ghelani, company have broadened their product portfolio which include micronutrients, soluble fertilisers, biofertilizers, and advanced biopesticides. Looking ahead, as company is engage in the Nutritech farming approach, company's commitment to producing organic, nutrient-rich superfoods and fortified foods for the future of sustainable agriculture. Agricon Nutritech have the advantage as one of the early mover in organic solutions and speciality plant nutrients allow us to providing value to their stakeholders. Agricon Nutritech Limited offers a diverse range of products to support various aspects of agriculture. These include soil health management solutions, crop nutrition products, biostimulants, and bio-pesticides. Agricon Nutritech Limited offers an extensive range of 30+ products. These include solutions for soil health management, crop nutrition, bio-stimulants, and bio-pesticides, all designed to support sustainable and productive farming practices with low pesticides residue. Emphasizing eco-friendly practices, they promote sustainable agriculture by reducing chemical runoff and preserving soil fertility in the long term for next generation.
Agricon Nutritech supply chain integrates contract manufacturers, R&D institutes, and distributors. Agricon Nutritech intend to distribute the products to the farmers across India to boost the growth of agriculture sector in India in the near future. Agricon Nutritech has entered into the Distribution Agreement with various distributors. As of today, we have 1100+ distributors in Gujarat, a number steadily increasing. Agricon Nutritech dedication to consumer satisfaction and responsiveness to distributor feedback underscores our commitment to delivering quality assurance.

Financial Summary (Annualised Basis)

Revenue :
29.91 Cr.

PAT :
3.72 Cr.

Agricon Nutritech IPO Lead Manager(s)

Getfive Advisors Private Limited

Agricon Nutritech IPO Registrar

Maashitla Securities Private Limited

Agricon Nutritech DRHP Details

Objects of issue

  • Funding of capital expenditure towards civil construction work for setting up of new manufacturing facility
  • Funding of capital expenditure towards installation of new plant & machineries
  • To meet working capital requirements
  • General Corporate Purpose

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FAQs

Agricon Nutritech operates in Agro and micronutrients to sugar mills for sugarcane production. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Agricon Nutritech is Book Building Process and Object of issue is

  • Funding of capital expenditure towards civil construction work for setting up of new manufacturing facility
  • Funding of capital expenditure towards installation of new plant & machineries
  • To meet working capital requirements
  • General Corporate Purpose

The DRHP (Draft Red Herring Prospectus) of Agricon Nutritech IPO was filed on 18 Sep 2024.

No, Agricon Nutritech IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Agricon Nutritech are not available now. You can apply in Agricon Nutritech IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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