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) |