Nirman Agri Genetics Limited

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Nirman Agri Genetics Limited

Nirman Agri Genetics Limited is an India-based Agri-Input company, founded in 2020. The company produces, processes, and markets supreme-quality hybrid seeds, bio-organics, and pesticides. These methods are used for various crops, including cotton, sunflower, grain sorghum, etc. To expand its business, Nirman Agri Genetics Limited ventured into bioproducts and micronutrients. They also started producing non-hybrid seeds, especially for paddy. Currently, the organization offers its production, outsourced processing, and R&D services in Gujarat, Maharashtra, Madhya Pradesh, and NimgUL. In 2022, under the brand name “Nirman Agri Genetics,” Nirman started to market micronutrients, biopesticides, and biofertilizers. Nirman Agri Genetics is offering the best crop services to farmers by providing them with high-yield hybrid seeds, and crop management through by-products, micronutrients, etc.
Purpose of issuing an IPO
  • To meet working capital requirements
  • for buying computers and other hardware devices
  • to cover common corporate expenses
  • Investment in a joint venture
Company Financials
Period Ended Total Assets Total Borrowing Profit After Tax Net Worth
31-Mar-22 595.87 124.67 256.02 264.41
31-Oct-22 915.70 171.41 230.44 447.51
IPO Details
Opening Date Mar 15, 2023
Closing Date Mar 20, 2023
Listing Date Mar 28, 2023
Face Value Rs.10 each share
Price Rs.99 for each share
Listing At NSE SME
Issue Size 2,050,800 shares (total up to Rs. 20.30 crore)
Fresh Issue 2,050,800 shares (total up to Rs.20.30 crores)

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