Nirman Agri Genetics Limited (NSE SME)
March 15, 2023 – March 20, 2023
| Price | ₹99 - ₹99 |
| Premium | ₹2 |
|---|---|
| Lot size | 1200 |
| Allotment | Mar 24, 2023 |
| Listing | Mar 28, 2023 |
Nirman Agri Genetics Limited
Vedant Apartment, Near Reliance Shopee,
Dindori Road, Panchavati,
Nashik – 422 003
Phone: +91 253 2943101
Email: cs@nirmanagrigen.com
Website: http://www.nirmanagrigen.com/
| Investor Category | Subscription (times) |
|---|---|
| Others | 0.74 |
| Retail Investors | 1.32 |
| Total | 1.03 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 118800 | 0 |
| HNI | 2 | 2400 | 237600 | 0 |
| Issue Size | 2,050,800 shares of ₹10 (aggregating up to ₹20.30 Cr) |
| Fresh Issue | 2,050,800 shares of ₹10 (aggregating up to ₹20.30 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
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.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-21 | 164.06 | 382.21 | 5.47 | 6.47 | 99.19 |
| 31-Mar-22 | 595.87 | 1,348.91 | 256.02 | 264.41 | 124.67 |
| 31-Oct-22 | 915.70 | 1,804.28 | 230.44 | 447.51 | 171.41 |
| Amount in ₹ Lakhs | |||||