Gujarat Peanut & Agri Products Ltd Logo

Gujarat Peanut & Agri Products Ltd IPO

NSELot: 1600

LISTEDSME
Issue Price80
Listing64
Current85
Price Band
80 - ₹80
Lot Size
1,600
Issue Size
₹23.81 Cr
GMP
0
Subscription
0.52x

IPO Schedule

1
Open
25 Sept
2
Close
29 Sept
3
Allotment
30 Sept
4
Listing
3 Oct

About Gujarat Peanut & Agri Products Ltd

Gujarat Peanut & Agri Products Ltd is an SME focused on the processing and trading of agricultural commodities, primarily peanuts and related products. They are involved in various stages of the value chain, from sourcing raw materials to processing and distribution.

Subscription Status

QIB
0.00x
NII
0.92x
Retail
0.12x
CategoryDay 3Day 2Day 1
QIB0.00x0.00x0.00x
NII7.87x1.48x0.92x
Retail7.53x0.66x0.12x
Total7.95x1.31x0.52x

Risk Factors

Fluctuations in agricultural commodity prices can impact profitability.
Dependence on weather conditions and seasonal availability of raw materials.
Competition from larger and more established players in the agri-business sector.

Promoters & Management

The key management team includes Mr. Arunkumar Natvarlal Chag (Promoter and Whole Time Director), Mr. Sagar Arunkumar Chag (Promoter and Managing Director), Ms. Mayaben Damjibhai Kantariya (Chief Financial Officer), and Mr. Jeetkumar Bhaveshbhai Raychura (Company Secretary and Compliance Officer). Mr. Arunkumar Natvarlal Chag has over 45 years of experience in the Groundnut seeds and other agricultural products industry. Mr. Sagar Arunkumar Chag has more than 20 years of experience in Agricultural Products Industry. Ms. Mayaben Damjibhai Kantariya has more than 6 years of experience in accounting operations. Mr. Jeetkumar Bhaveshbhai Raychura has over 10 years of experience in corporate secretarial and compliance. The company has implemented a robust compliance framework, established periodic reviews of governing documents, plans to form a dedicated compliance committee, conduct training sessions for key personnel, comply with mandatory post-listing secretarial audits, and has appointed a company secretary to ensure future legal compliance and prevent non-compliance or delays.