Gujarat Peanut & Agri Products Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Gujarat Peanut & Agri Products Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹80
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,28,000
Issue Size
₹23.81 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.03%
QIB Quota
0%
NII Quota
49.97%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Gujarat Peanut & Agri Products Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.09%
Promoter Holding (Post-Issue)
69.65%
Issue Type
Fixed Price - SME
ISIN
INE0SIK01014
About the Company
Established in 2005, Gujarat Peanut and Agri Products Limited is involved in cleaning, grading, processing, sorting, and trading of wide range of agricultural products. The company operates across 13 Indian states and exports to countries like UAE, China, Thailand, Indonesia, Iraq, Iran, Poland, Kosovo, Lebanon. Their offerings include various peanut products, seeds, spices, pulses and oils in different grades and qualities. Our company operates a manufacturing facility spanning 68,607 sq. ft. in Rajkot, Gujarat, strategically located for easy access to raw materials and transportation, supports their extensive product portfolio and enables them to meet diverse domestic and international market demands.
Industry Overview
In India, agriculture is the primary source of livelihood for 55% of the population. Factors contributing to the sharp growth in demand for processed foods include increasing urbanization, increasing disposable incomes, changing spending patterns/ priorities, the emergence of nuclear families, and the growing need for convenience foods in dual-income nuclear families. The Indian food processing industry accounts for 32% of the country's total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. Foodgrain production in India touched 330.5 million metric tonnes (MT) in 2022-23 (3rd Advance Estimate).
Company History
Our Company was originally incorporated as a Private Limited Company in the name of "Gujarat Peanut Products Private Limited" on October 14, 2005 under the provisions of Companies Act, 1956 bearing Corporate Identification Number U15490GJ2005PTC046918 issued by Registrar of Companies - Gujarat, Dadra and Nagar Haveli. Subsequently, our company was converted into Public Limited Company under the Companies Act, 2013 and the name of our Company was changed to "Gujarat Peanut Products Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated June 26, 2024 bearing Corporate Identification Number U15490GJ2005PLC046918 issued by Registrar of Companies - Gujarat. The name of our Company was further changed to "Gujarat Peanut and Agri Products Limited" vide a fresh Certificate of Incorporation dated November 12, 2024 issued by the Registrar of Companies, Central Processing Centre.
Products & Services
- Gujarat Peanut and Agri Products Limited is involved in cleaning, grading, processing, sorting, and trading of wide range of agricultural products.
Growth Strategy
- Focus on Increasing Sales Volume.
- Enhancement of capacity.
- Reduction of operational costs and achieving efficiency.
- Improving operational efficiencies.
- Leverage and enhance our goodwill in the market.
- Focusing on increasing the exports.
- Leveraging our Market skills and Relationships.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 29,76,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Gujarat Peanut and Agri Products Limited (the "Company" or the "Issuer") for cash at a price of Rs. 80/- per equity share, including a share premium of Rs. 70/- per equity share (the "Issue Price"), aggregating to Rs. 23.81 crores ("the Issue"), of which 1,48,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 80/- per equity share, aggregating to Rs. 1.19 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 28,27,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 80/- per equity share, aggregating to Rs. 22.62 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 29.00 % and 27.55 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 80/- for equity share of face value of Rs. 10 each. The floor price is 8.0 times times the face value and of the face value of the equity shares. Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
- The Company, Promoter and Director are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, result of operations and financial conditions.
- Our Company has made an adjudication application under Section 454 of the Companies Act, 2013. Decision in such proceedings may have a financial obligation of the company.
- Increase in the prices of our raw material may have an adverse effect on our business.
- If we are unable to successfully implement our proposed expansion plans; our results of operations and financial condition could be adversely affected.
- Our Company is yet to place orders for purchase of plant and machinery. Any delay in placing orders or procurement of such plant and machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.