The IPO consists entirely of a fresh issue of 29.76 lakh shares, aggregating to Rs 23.81 crore. Of this, 14.12 lakh shares are reserved for high-net-worth individuals (HNIs), while 14.14 lakh shares are earmarked for retail investors.
Company overview
Gujarat Peanut and Agri Products, established in 2005 and based in Rajkot, Gujarat, is engaged in the processing and export of peanuts and other agricultural commodities.The company’s operations include cleaning, grading, processing, sorting, trading, and marketing of peanuts, sesame seeds, spices, grains, pulses, and raw cotton. Its products cater to both domestic and international buyers, supported by a strong supplier network and long-standing client relationships.
Financially, the company has delivered steady growth. Revenue rose 22% year-on-year to Rs 366.32 crore in FY25 from Rs 300.43 crore in FY24. Profit after tax climbed 65% to Rs 6.50 crore from Rs 3.95 crore during the same period.
The proceeds from the issue will be used to purchase additional plant and machinery, fund working capital needs, and meet general corporate purposes.
The shares are proposed to be listed on the BSE SME platform, with a tentative listing date fixed as October 3.
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