
Agriculture & Biotechnology · NSE
Incorporated in 2020, Nirman Agri Genetics Limited is an organized agri-input company engaged in the production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic products for crops like corn, sunflower, cotton, paddy, and grain sorghum. The company has also expanded into micronutrients and bioproducts, along with producing non-hybrid paddy seeds. With production, outsourced processing, and R&D facilities in Maharashtra, Gujarat, and Madhya Pradesh, Nirman markets bio-pesticides, micronutrients, bio-fertilizers, fertilizer mixtures, and plant growth regulators under its brand “Nirman Agri Genetics.” The company aims to be a leading crop solutions provider by offering high-yielding hybrid seeds and effective crop management products to farmers.
Price Band
₹99
Issue Size
₹20.30 Cr
Lot Size
1200 shares
GMP
+2.0%
Est. Listing
₹101
at current GMP
Subscribed
1.03x
overall
Open
15 Mar 2023
Close
20 Mar 2023
Allotment
24 Mar 2023
Refund
25 Mar 2023
Demat Credit
26 Mar 2023
Listing
28 Mar 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
24 Mar 2023
Basis finalization
Refunds Initiate
25 Mar 2023
Mandate release
Demat Credit
26 Mar 2023
Shares in demat
Listing Debut
28 Mar 2023
Trading begins
Nirman Agri Genetics Limited is bringing an initial public offering (IPO) in the Agriculture & Biotechnology sector with an aggregate issue size of ₹20.3 Crores. The shares are offered at a price band of ₹99 to ₹99 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,18,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-03-26, while un-allotted funds or UPI block mandates will be released on 2023-03-25.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.