Gurunanak Agriculture IPO

Incorporated in February 2010, Gurunanak Agriculture India Limited manufactures agricultural machinery such as threshers, harvesters, reapers, and rotavators. The company's products include Paddy Thresher, Groundnut Thresher, Wheat Thresher, Maize Thresher, Multi-crop Thresher, Harvester, Reaper, Rotavator. The company's manufacturing unit is located in Durg District, Chhattisgarh. Guru Nanak Agriculture India Ltd. is continuously expanding its market presence in India and internationally. The company has established a robust distribution network, collaborating with dealers and suppliers across multiple states and countries. Its exports have gained recognition in regions such as Bhutan, Ghana, Nepal, Nigeria, South Africa, Sri Lanka, Sudan and Uganda. To cater to a growing customer base, the company actively participates in agricultural trade fairs, exhibitions, and seminars, showcasing its latest innovations and engaging directly with farmers and industry experts. The company operates through three networks: 1. through partnership with companies, own dealership network (currently 48 dealers across 7 states) and retail sales. It has a manufacturing facility in Durg, Chhattisgarh across 4.08 hectares to manufacture a range of advanced agricultural machinery, including threshers, reapers, rotavators, and, more recently, harvesters. Competitive Strength Comprehensive product portfolio. Strong Brand Reputation and Customer Trust. Technological Innovation and Research & Development. Cost-Effective and Locally Manufactured Products. Strategic distribution network. Established manufacturing capabilities. Scalability and Expansion Plans. Strong Financial and Operational Management.

The Company Gurunanak Agriculture IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 Funding Capital Expenditure towards setting up Harvester Manufacturing Unit 170.67 2 Working Capital Requirements 67.69 3 Issue Related Expenses 29.64 4 General Corporate Expenses 20

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