Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹20.30 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.30 Cr |
| Fresh Issue | ₹19.27 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹99.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | NIRMAN |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | First Overseas Capital Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2020, 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding additional Working capital requirements | 11.82 |
| 2 | Investment in Strategic Acquisition / Joint Venture | 2.00 |
| 3 | Purchase of Computer and other hardware | 0.45 |
| 4 | General Corporate Purposes | 3.73 |
| Period Ended | 31 Oct 2022 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 9.16 | 5.96 | 1.64 |
| Total Income | 18.04 | 13.49 | 3.82 |
| Profit After Tax | 2.30 | 2.56 | 0.05 |
| NET Worth | 4.48 | 2.64 | 0.06 |
| Total Borrowing | 1.71 | 1.25 | 0.99 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 96.83% |
| ROCE | 65.83% |
| Debt / Equity | 0.47% |
| RoNW | 96.83% |
| PAT Margin | 18.98% |
| EBITDA Margin | 25.39% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.00 | |
| P/E (x) | 14.93 | |
| Promoter Holding | 99.99% | 65.59% |
| Market Cap | ₹59.01 Cr. | |
