Gujarat Peanut & Agri Products Ltd IPO
Status: Closed
Overview
IPO date
25 Sept 2025 to 29 Sept 2025
Face value
₹ 0 per share
Price
₹ 80 to ₹80 per share
Issue Size
2,976,000 shares
(aggregating up to ₹ 23.81 Cr)
(aggregating up to ₹ 23.81 Cr)
Allotment Date
30 Sept 2025
Listing at
NSE
Issue type
Fixed Price - SME
Sector
Trading
Objectives of Gujarat Peanut & Agri Products Ltd IPO
Gujarat Peanut & Agri Products Ltd IPO Strategy
About Gujarat Peanut & Agri Products Ltd
Unlock Stock of the Month
T&C*
Strengths vs Risks of Gujarat Peanut & Agri Products Ltd
Know the pros & cons
Strengths
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.
Risks
- 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.
- The improper handling, processing or storage of our products or raw materials, or spoilage of and damage to such products or raw materials, or any real or perceived contamination in our products or raw materials, could subject us to regulatory action, damage our reputation and have an adverse effect on our business, results of operations and financial condition.
- Any reduction in the demand for our products could lead to underutilisation of our manufacturing capacity.
- Our inability to manage our inventory and foresee accurate demand for our products for a future period may adversely affect our reputation, business, results of operation and our financial performance.
- The company's business is dependent on certain suppliers and the loss of one or more of them would have a material adverse effect on the business.
- Substantial portion of our revenues has been dependent upon few customers. The loss of any one or more of our major customers would have a material effect on our business operations and profitability.
- Our operations are subject to high working capital requirements. If we are unable to generate sufficient cash flows to allow us to make required payments, there may be an adverse effect on our results of operations.
- Our success depends on stable and reliable logistics and transportation infrastructure. Disruption of logistics and transportation services could impair our ability to deliver our products to our customers and/ or increase our transportation costs, which may adversely affect our operations:
- Delays or defaults in customer payments could adversely affect our financial condition.
- Our business is subject to seasonal and other fluctuations that may affect our cash flows and business operations.
- We are subject to certain government regulation and if we fail to obtain, maintain or renew our statutory and regulatory licenses, permits and approvals required to operate our business, our business and results of operations may be adversely affected.
- We operate in an industry with several competitors and we may fail to compete successfully against existing or new competitors, which may reduce the demand for our products and services which may lead to reduced prices, operating margins, profits and further result in loss of market share across product categories.
- We majorly sell our products in Gujarat and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
- We have only one manufacturing facility.
- Our Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.
- We have issued Equity Shares in the last 12 (twelve) months at a price which is lower than the Issue Price.
- The average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.
- We have certain contingent liabilities, which, if materialized, may affect our financial condition and results of operations.
- The success of our business strategy depends on our ability to enhance our own brands and product portfolio. If we fail to maintain and enhance our brand and reputation, consumers' recognition of our brands, and trust in us, our business may be materially and adversely affected.
- Shortage or non-availability of essential utilities such as electricity could affect our manufacturing operations and have an adverse effect on our business, results of operations and financial condition.
- Our Company' insurance policies may not protect us against certain operational risks or claims by our employees.
- Our actual results could differ from the estimates and projections used to prepare our financial statements.
- Our Company's manufacturing activities are labour intensive and depend on availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and / or inability to retain such personnel, our business operations could be affected.
- We do not own the certain premises which we use for the purpose of our business operations.
- There are certain discrepancies noticed in some of our corporate records relating to forms filed with the Registrar of Companies.
- We have entered into certain related party transactions and may continue to do so.
- There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- Our debt financing agreements contain certain restrictive covenants that may adversely affect our Company's business, credit ratings, prospects, results of operations and financial condition.
- Our management will have broad discretion in how we apply the Net Proceeds of the Issue and there is no assurance that the Objects of the Offer will be achieved within the time frame expected, or at all, or that the deployment of Net Proceeds in the manner intended by us will result in an increase in the value of your investment.
- Our revenues are highly dependent on clients located in India. Any decline in the economic health of India could adversely affect our business, financial condition and results of operations.
- In addition to our existing indebtedness for our operations, we may be required to obtain further loan during the course of business. There can be no assurance that we would be able to service our existing and/or additional indebtedness.
- Our Company has availed certain unsecured loan which can be recalled at any time.
- Our Directors and certain Key Management Personnel hold Equity Shares in our Company and are therefore interested in the Company's performance in addition to their remuneration and reimbursement of expenses.
- We are dependent on a number of key personnel, including our senior management, and the loss of or our inability to attract or retain such persons could adversely affect our business, results of operations and financial condition.
- The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of our Company.
- We could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect our financial condition, results of operations and reputation.
- We may not be successful in implementing our business strategies.
- Some of the approvals are required to be updated consequent to the change in the name of our Company.
- The Logo used by our Company is currently not registered under Trade Marks Act, 1999. Failure to protect our intellectual property rights may adversely affect our competitive business position, financial condition and profitability.
- Major fraud, lapses of internal control or system failures could adversely impact the company's business.
- Our Promoters have provided personal guarantees for loans availed by our Company. Our business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees provided by our Promoter.
- We have not made any alternate arrangements for meeting our regular working capital requirements. If our operations do not generate the necessary cash flow, our working capital requirements may negatively affect our operations and financial performance.
- Our funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.
- Our lenders have charge over our Machinery, book debts, stocks in respect of finance availed by us.
- Any destruction, breakdown, theft our major plants or machinery or failures to repair or maintain the same may adversely affect our business, cash flows, financial condition and results of operations.
- Our manufacturing Unit is situated in Rajkot, Gujarat and our operations may be affected by various factors associated with the region where we operate.
- Our Promoters and Promoter Group will continue to retain control over our Company after completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of our shareholders.
- We are subject to risks arising from interest rate fluctuations, which could adversely affect our business, financial condition and results of operations.
- The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.
- We are subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect our results of operations.
- Information in relation to our installed capacity and capacity utilization of our manufacturing facility included in this Draft Prospectus is based on various assumptions and estimates, and future production and capacity utilization may vary.
- Some of the KMPs is associated with our company for less than one year.
- Our Company does not have any listed peer companies for comparison of performance and therefore, investors must rely on their own examination of accounting ratios of our Company for the purposes of investment in the Issue.
- Industry information included in this draft prospectus has been derived from industry reports. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- Portion of our Issue Proceeds are proposed to be utilized for general corporate purposes amounting to ? 200.00 lakhs which constitute 8.40% of the total Issue Proceeds.
- In the event there is any delay in the completion of the Issue, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect our revenues and results of operations.
- There is no guarantee that our Equity Shares will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The Issue Price of our Equity Shares may not be indicative of the market price of our Equity Shares after the Issue.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- After this Issue, the price of our Equity Shares may be volatile, or an active trading market for our Equity Shares may not be sustained.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
- Applicants to this Issue are not allowed to withdraw their Applications after the Issue Closing Date.
- Our ability to pay dividends in the future will depend on our earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of our financing arrangements.
- The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
- Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- Our Equity Shares are quoted in Indian Rupees in India, and therefore investors may be subject to potential losses arising out of exchange rate risk on the Indian Rupee and risks associated with the conversion of Indian Rupee proceeds into foreign currency.
- Increase in the prices or unavailability of raw materials may adversely affect its manufacturing costs, customer base, profit margins, and overall financial performance.
- If the company is unable to successfully implement its proposed expansion plans; the company's results of operations and financial condition could be adversely affected.
- The 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.
- The improper handling, processing or storage of the company's products or raw materials, or spoilage of and damage to such products or raw materials, or any real or perceived contamination in the company's products or raw materials, could subject the company to regulatory action, damage its reputation and have an adverse effect on the company's business, results of operations and financial condition.
- The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
- The company has certain contingent liabilities, which, if materialized, may affect its financial condition and results of operations.
- There are certain discrepancies noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies.
- There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- Any reduction in the demand for the company's products could lead to underutilisation of its manufacturing capacity.
- The company's inability to manage our inventory and foresee accurate demand for its products for a future period may adversely affect the company's reputation, business, results of operation and its financial performance.
- The company's business is dependent on certain suppliers and the loss of one or more of them would have a material adverse effect on the business.
- Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company's major customers would have a material effect on its business operations and profitability.
- The company's operations are subject to high working capital requirements. If the company is unable to generate sufficient cash flows to allow the company to make required payments, there may be an adverse effect on its results of operations.
- The company's success depends on stable and reliable logistics and transportation infrastructure. Disruption of logistics and transportation services could impair its ability to deliver the company's products to the company's customers and/ or increase its transportation costs, which may adversely affect the company's operations.
- Delays or defaults in customer payments could adversely affect its financial condition.
- The company's business is subject to seasonal and other fluctuations that may affect its cash flows and business operations.
- The company is subjects to certain government regulation and if the company fails to obtain, maintain or renew its statutory and regulatory licenses, permits and approvals required to operate the company's business, the company's business and results of operations may be adversely affected.
- The company operates in an industry with several competitors and the company may fails to compete successfully against existing or new competitors, which may reduce the demand for the company's products and services which may lead to reduced prices, operating margins, profits and further result in loss of market share across product categories.
- The company majorly sell the company's products in Gujarat and any adverse developments affecting its operations in these regions could have an adverse impact on the company's revenue and results of operations.
- Dependency on a single manufacturing facility exposes the company to localized operational and environmental risks that may adversely affect its operations and financial performance.
- The average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.
- The success of the company's business strategy depends on our ability to enhance its own brands and product portfolio. If the company fails to maintain and enhance its brand and reputation, consumers' recognition of the company's brands, and trust in us, our business may be materially and adversely affected.
- Shortage or non-availability of essential utilities such as electricity could affect its manufacturing operations and have an adverse effect on the company's business, results of operations and financial condition.
- The Company' insurance policies may not protect the company against certain operational risks or claims by its employees.
- The company's actual results could differ from the estimates and projections used to prepare its financial statements.
- The Company's manufacturing activities are labour intensive and depend on availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and / or inability to retain such personnel, the company's business operations could be affected.
- The company does not own the certain premises which the company uses for the purpose of its business operations.
- The company has entered into certain related party transactions and may continue to do so.
- The company's debt financing agreements contain certain restrictive covenants that may adversely affect the Company's business, credit ratings, prospects, results of operations and financial condition.
- The company's management will have broad discretion in how we apply the Net Proceeds of the Issue and there is no assurance that the Objects of the Offer will be achieved within the time frame expected, or at all, or that the deployment of Net Proceeds in the manner intended by the company will result in an increase in the value of your investment.
- The company's revenues are highly dependent on clients located in India. Any decline in the economic health of India could adversely affect its business, financial condition and results of operations.
- In addition to the company's existing indebtedness for the company's operations, the company may be required to obtain further loan during the course of business. There can be no assurance that the company would be able to service its existing and/or additional indebtedness.
- The company's Directors and certain Key Management Personnel hold Equity Shares in the Company and are therefore interested in the Company's performance in addition to their remuneration and reimbursement of expenses.
- The company is dependents on a number of key personnel, including its senior management, and the loss of or the company's inability to attract or retain such persons could adversely affect its business, results of operations and financial condition.
- The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- The company may not be successful in implementing its business strategies.
- Certain relevant copies of educational qualifications of its Directors are not traceable.
- The Logo used by the Company is currently not registered under Trade Marks Act, 1999. Failures to protect our intellectual property rights may adversely affect the competitive business position, financial condition and profitability.
- Major fraud, lapses of internal control or system failures could adversely impact the company's business.
- The company's Promoters have provided personal guarantees for loans availed by the Company. The company's business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees provided by its Promoter.
- The company has not made any alternate arrangements for meeting its regular working capital requirements. If the company's operations do not generate the necessary cash flow, the company's working capital requirements may negatively affect its operations and financial performance.
- The company's funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.
- The company's lenders have charge over its Machinery, book debts, stocks in respect of finance availed by the company.
- Any destruction, breakdown, theft the company's major plants or machinery or failures to repair or maintain the same may adversely affect its business, cash flows, financial condition and results of operations.
- Some of the details mentioned in the respective KYC Documents of the company's promoters/Promoter Group/Directors/KMP/SMP are not same as other KYC documents.
- The company's manufacturing Unit is situated in Rajkot, Gujarat and its operations may be affected by various factors associated with the region where the company operates.
- The company's Promoters and Promoter Group will continue to retain control over the Company after completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.
- The company is subjects to risks arising from interest rate fluctuations, which could adversely affect its business, financial condition and results of operations.
- The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.
- The company is subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect its results of operations.
- Information in relation to the company's installed capacity and capacity utilization of its manufacturing facility included in this Prospectus is based on various assumptions and estimates, and future production and capacity utilization may vary.
- The Company does not have any listed peer companies for comparison of performance and therefore, investors must rely on their own examination of accounting ratios of the Company for the purposes of investment in the Issue.
- Industry information included in this prospectus has been derived from www.ibef.org. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- Portion of its Issue Proceeds are proposed to be utilized for general corporate purposes amounting to ? 200.00 lakhs which constitute 8.40% of the total Issue Proceeds.
- The Company previously had filed a Draft Prospectus dated January 07, 2025, for initial public issue of ?2,380.80 lakhs, which has been subsequently withdrawn.
- In the event there is any delay in the completion of the Issue, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect its revenues and results of operations.
- There is no guarantee that the company's Equity Shares will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The Issue Price of its Equity Shares may not be indicative of the market price of the company's Equity Shares after the Issue.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- After this Issue, the price of the company's Equity Shares may be volatile, or an active trading market for its Equity Shares may not be sustained.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- Any future issuance of Equity Shares may dilute the investors' shareholdings or sales of the company's Equity Shares by its Promoters or Promoter Group may adversely affect the trading price of its Equity Shares.
- You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
- Applicants to this Issue are not allowed to withdraw their Applications after the Issue Closing Date.
- The company's ability to pay dividends in the future will depend on our earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of its financing arrangements.
- The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
- Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- The company's Equity Shares are quoted in Indian Rupees in India, and therefore investors may be subject to potential losses arising out of exchange rate risk on the Indian Rupee and risks associated with the conversion of Indian Rupee proceeds into foreign currency.
How to check the allotment status of Gujarat Peanut & Agri Products Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
Select company from dropdown menu.
Enter details- PAN, Application number or DP client ID
Get your allotment status
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
IPO reads
Stay updated with the latest IPO developments
February 27, 2025 | 5 min read
₹50.11 Cr Balaji Phosphates IPO Opens Feb 28. Issue Details and SWOT Analysis
February 25, 2025 | 5 min read
Tata Capital Board Approves ₹15,000 Cr Plus Mega IPO; Tata Investment Shares Soar 8%
February 18, 2025 | 5 min read
Busy Week Ahead: 2 SME IPOs and 9 Market Listings – Get the Complete Details Here
October 25, 2024 | 5 min read
Waaree Energies IPO: GMP Soars 106% Amid 76.34x Subscription – Check Your Allotment Status!
October 22, 2024 | 5 min read
Upcoming IPOs: 9 Public Issues Set to Raise ₹10,984.8 Cr – Key Insights Inside!
October 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons Why
September 6, 2024 | 5 min read
Bajaj Housing Finance IPO: All You Need to KnowOctober 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons Why
August 26, 2024 | 5 min read
Premier Energies IPO: Key Details Ahead of the ₹2,830.40 Cr Issue LaunchMore on IPOs
Navigate your way to other IPO resources
Latest videos on IPOs
IPO highlights & details!
FAQs on IPO
Get answers to all your questions here!
The IPO opens on 25 Sept 2025 & closes on 29 Sept 2025.
Gujarat Peanut and Agri Products Limited was originally incorporated as a Private Limited Company as 'Gujarat Peanut Products Private Limited' on October 14, 2005 with the Registrar of Companies, Gujarat. Subsequently, Company was converted into Public Limited Company and the name was changed to 'Gujarat Peanut Products Limited' dated June 26, 2024 and further to 'Gujarat Peanut and Agri Products Limited' vide a fresh Certificate of Incorporation dated November 12, 2024.
Company is engaged into cleaning, grading, processing, sorting, buying, selling, trading and marketing of agricultural produce and commodities. The Company has major presence in the states of Gujarat, West Bengal, Rajasthan, Maharashtra, Madhya Pradesh, etc. Further, it export products to countries such as UAE, China, Thailand, Indonesia, Iraq, Iran, Poland, Kosovo, Lebanon, and others. Majority of the exports include Sesame Seeds, Hulled Sesame Seeds, Groundnut Seeds, Blanched Peanut, Cumin Seeds, Kalonji. It import Sesame Seeds, Chickpeas, Pigeon Peas, Brown Eye Beans, Cumin Seeds, Soyabeans & Watermelon Seeds in India in bulk quantities. It further import majority of the raw material from Sudan, Tanzania, China, Brazil, etc.
The Company currently operate from the Manufacturing Plant situated at Rajkot in Gujarat spreading over an area of approx. 6,373.80 square meter. This processing unit has two sections - one section handles the post-harvest operations of peanuts, such as de-shelling, grading, sorting, roasting, blanching, packaging and quality control and another section handles cleaning grading and sorting of seeds, spices and pulses.
Company issued 29,76,000 equity shares of Rs 10 by raising Rs 23.8 crores via its initial public offering in September, 2025.
Gujarat Peanut & Agri Products Ltd IPO will close on 29 Sept 2025.
- 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.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Arunkumar Natvarlal Chag | 3565000 | 48.93 | 3565000 | 34.74 |
| 2 | Sagar Arunkumar Chag | 3565000 | 48.93 | 3565000 | 34.74 |
| 3 | Dhauva Sagar Chag | 17000 | 0.23 | 17000 | 0.17 |
- 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.
- The improper handling, processing or storage of our products or raw materials, or spoilage of and damage to such products or raw materials, or any real or perceived contamination in our products or raw materials, could subject us to regulatory action, damage our reputation and have an adverse effect on our business, results of operations and financial condition.
- Any reduction in the demand for our products could lead to underutilisation of our manufacturing capacity.
- Our inability to manage our inventory and foresee accurate demand for our products for a future period may adversely affect our reputation, business, results of operation and our financial performance.
- The company's business is dependent on certain suppliers and the loss of one or more of them would have a material adverse effect on the business.
- Substantial portion of our revenues has been dependent upon few customers. The loss of any one or more of our major customers would have a material effect on our business operations and profitability.
- Our operations are subject to high working capital requirements. If we are unable to generate sufficient cash flows to allow us to make required payments, there may be an adverse effect on our results of operations.
- Our success depends on stable and reliable logistics and transportation infrastructure. Disruption of logistics and transportation services could impair our ability to deliver our products to our customers and/ or increase our transportation costs, which may adversely affect our operations:
- Delays or defaults in customer payments could adversely affect our financial condition.
- Our business is subject to seasonal and other fluctuations that may affect our cash flows and business operations.
- We are subject to certain government regulation and if we fail to obtain, maintain or renew our statutory and regulatory licenses, permits and approvals required to operate our business, our business and results of operations may be adversely affected.
- We operate in an industry with several competitors and we may fail to compete successfully against existing or new competitors, which may reduce the demand for our products and services which may lead to reduced prices, operating margins, profits and further result in loss of market share across product categories.
- We majorly sell our products in Gujarat and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
- We have only one manufacturing facility.
- Our Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact our business, financial condition and results of operations.
- We have issued Equity Shares in the last 12 (twelve) months at a price which is lower than the Issue Price.
- The average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.
- We have certain contingent liabilities, which, if materialized, may affect our financial condition and results of operations.
- The success of our business strategy depends on our ability to enhance our own brands and product portfolio. If we fail to maintain and enhance our brand and reputation, consumers' recognition of our brands, and trust in us, our business may be materially and adversely affected.
- Shortage or non-availability of essential utilities such as electricity could affect our manufacturing operations and have an adverse effect on our business, results of operations and financial condition.
- Our Company' insurance policies may not protect us against certain operational risks or claims by our employees.
- Our actual results could differ from the estimates and projections used to prepare our financial statements.
- Our Company's manufacturing activities are labour intensive and depend on availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and / or inability to retain such personnel, our business operations could be affected.
- We do not own the certain premises which we use for the purpose of our business operations.
- There are certain discrepancies noticed in some of our corporate records relating to forms filed with the Registrar of Companies.
- We have entered into certain related party transactions and may continue to do so.
- There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- Our debt financing agreements contain certain restrictive covenants that may adversely affect our Company's business, credit ratings, prospects, results of operations and financial condition.
- Our management will have broad discretion in how we apply the Net Proceeds of the Issue and there is no assurance that the Objects of the Offer will be achieved within the time frame expected, or at all, or that the deployment of Net Proceeds in the manner intended by us will result in an increase in the value of your investment.
- Our revenues are highly dependent on clients located in India. Any decline in the economic health of India could adversely affect our business, financial condition and results of operations.
- In addition to our existing indebtedness for our operations, we may be required to obtain further loan during the course of business. There can be no assurance that we would be able to service our existing and/or additional indebtedness.
- Our Company has availed certain unsecured loan which can be recalled at any time.
- Our Directors and certain Key Management Personnel hold Equity Shares in our Company and are therefore interested in the Company's performance in addition to their remuneration and reimbursement of expenses.
- We are dependent on a number of key personnel, including our senior management, and the loss of or our inability to attract or retain such persons could adversely affect our business, results of operations and financial condition.
- The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of our Company.
- We could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect our financial condition, results of operations and reputation.
- We may not be successful in implementing our business strategies.
- Some of the approvals are required to be updated consequent to the change in the name of our Company.
- The Logo used by our Company is currently not registered under Trade Marks Act, 1999. Failure to protect our intellectual property rights may adversely affect our competitive business position, financial condition and profitability.
- Major fraud, lapses of internal control or system failures could adversely impact the company's business.
- Our Promoters have provided personal guarantees for loans availed by our Company. Our business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees provided by our Promoter.
- We have not made any alternate arrangements for meeting our regular working capital requirements. If our operations do not generate the necessary cash flow, our working capital requirements may negatively affect our operations and financial performance.
- Our funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.
- Our lenders have charge over our Machinery, book debts, stocks in respect of finance availed by us.
- Any destruction, breakdown, theft our major plants or machinery or failures to repair or maintain the same may adversely affect our business, cash flows, financial condition and results of operations.
- Our manufacturing Unit is situated in Rajkot, Gujarat and our operations may be affected by various factors associated with the region where we operate.
- Our Promoters and Promoter Group will continue to retain control over our Company after completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of our shareholders.
- We are subject to risks arising from interest rate fluctuations, which could adversely affect our business, financial condition and results of operations.
- The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.
- We are subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect our results of operations.
- Information in relation to our installed capacity and capacity utilization of our manufacturing facility included in this Draft Prospectus is based on various assumptions and estimates, and future production and capacity utilization may vary.
- Some of the KMPs is associated with our company for less than one year.
- Our Company does not have any listed peer companies for comparison of performance and therefore, investors must rely on their own examination of accounting ratios of our Company for the purposes of investment in the Issue.
- Industry information included in this draft prospectus has been derived from industry reports. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- Portion of our Issue Proceeds are proposed to be utilized for general corporate purposes amounting to ? 200.00 lakhs which constitute 8.40% of the total Issue Proceeds.
- In the event there is any delay in the completion of the Issue, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect our revenues and results of operations.
- There is no guarantee that our Equity Shares will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The Issue Price of our Equity Shares may not be indicative of the market price of our Equity Shares after the Issue.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- After this Issue, the price of our Equity Shares may be volatile, or an active trading market for our Equity Shares may not be sustained.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
- Applicants to this Issue are not allowed to withdraw their Applications after the Issue Closing Date.
- Our ability to pay dividends in the future will depend on our earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of our financing arrangements.
- The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
- Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- Our Equity Shares are quoted in Indian Rupees in India, and therefore investors may be subject to potential losses arising out of exchange rate risk on the Indian Rupee and risks associated with the conversion of Indian Rupee proceeds into foreign currency.
- Increase in the prices or unavailability of raw materials may adversely affect its manufacturing costs, customer base, profit margins, and overall financial performance.
- If the company is unable to successfully implement its proposed expansion plans; the company's results of operations and financial condition could be adversely affected.
- The 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.
- The improper handling, processing or storage of the company's products or raw materials, or spoilage of and damage to such products or raw materials, or any real or perceived contamination in the company's products or raw materials, could subject the company to regulatory action, damage its reputation and have an adverse effect on the company's business, results of operations and financial condition.
- The Company had negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
- The company has certain contingent liabilities, which, if materialized, may affect its financial condition and results of operations.
- There are certain discrepancies noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies.
- There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- Any reduction in the demand for the company's products could lead to underutilisation of its manufacturing capacity.
- The company's inability to manage our inventory and foresee accurate demand for its products for a future period may adversely affect the company's reputation, business, results of operation and its financial performance.
- The company's business is dependent on certain suppliers and the loss of one or more of them would have a material adverse effect on the business.
- Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company's major customers would have a material effect on its business operations and profitability.
- The company's operations are subject to high working capital requirements. If the company is unable to generate sufficient cash flows to allow the company to make required payments, there may be an adverse effect on its results of operations.
- The company's success depends on stable and reliable logistics and transportation infrastructure. Disruption of logistics and transportation services could impair its ability to deliver the company's products to the company's customers and/ or increase its transportation costs, which may adversely affect the company's operations.
- Delays or defaults in customer payments could adversely affect its financial condition.
- The company's business is subject to seasonal and other fluctuations that may affect its cash flows and business operations.
- The company is subjects to certain government regulation and if the company fails to obtain, maintain or renew its statutory and regulatory licenses, permits and approvals required to operate the company's business, the company's business and results of operations may be adversely affected.
- The company operates in an industry with several competitors and the company may fails to compete successfully against existing or new competitors, which may reduce the demand for the company's products and services which may lead to reduced prices, operating margins, profits and further result in loss of market share across product categories.
- The company majorly sell the company's products in Gujarat and any adverse developments affecting its operations in these regions could have an adverse impact on the company's revenue and results of operations.
- Dependency on a single manufacturing facility exposes the company to localized operational and environmental risks that may adversely affect its operations and financial performance.
- The average cost of acquisition of Equity Shares by our Promoters is lower than the Issue Price.
- The success of the company's business strategy depends on our ability to enhance its own brands and product portfolio. If the company fails to maintain and enhance its brand and reputation, consumers' recognition of the company's brands, and trust in us, our business may be materially and adversely affected.
- Shortage or non-availability of essential utilities such as electricity could affect its manufacturing operations and have an adverse effect on the company's business, results of operations and financial condition.
- The Company' insurance policies may not protect the company against certain operational risks or claims by its employees.
- The company's actual results could differ from the estimates and projections used to prepare its financial statements.
- The Company's manufacturing activities are labour intensive and depend on availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and / or inability to retain such personnel, the company's business operations could be affected.
- The company does not own the certain premises which the company uses for the purpose of its business operations.
- The company has entered into certain related party transactions and may continue to do so.
- The company's debt financing agreements contain certain restrictive covenants that may adversely affect the Company's business, credit ratings, prospects, results of operations and financial condition.
- The company's management will have broad discretion in how we apply the Net Proceeds of the Issue and there is no assurance that the Objects of the Offer will be achieved within the time frame expected, or at all, or that the deployment of Net Proceeds in the manner intended by the company will result in an increase in the value of your investment.
- The company's revenues are highly dependent on clients located in India. Any decline in the economic health of India could adversely affect its business, financial condition and results of operations.
- In addition to the company's existing indebtedness for the company's operations, the company may be required to obtain further loan during the course of business. There can be no assurance that the company would be able to service its existing and/or additional indebtedness.
- The company's Directors and certain Key Management Personnel hold Equity Shares in the Company and are therefore interested in the Company's performance in addition to their remuneration and reimbursement of expenses.
- The company is dependents on a number of key personnel, including its senior management, and the loss of or the company's inability to attract or retain such persons could adversely affect its business, results of operations and financial condition.
- The deployment of funds raised through this Issue shall not be subject to any Monitoring Agency and shall be purely dependent on the discretion of the management of the Company.
- The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidences could adversely affect its financial condition, results of operations and reputation.
- The company may not be successful in implementing its business strategies.
- Certain relevant copies of educational qualifications of its Directors are not traceable.
- The Logo used by the Company is currently not registered under Trade Marks Act, 1999. Failures to protect our intellectual property rights may adversely affect the competitive business position, financial condition and profitability.
- Major fraud, lapses of internal control or system failures could adversely impact the company's business.
- The company's Promoters have provided personal guarantees for loans availed by the Company. The company's business, financial condition, results of operations, cash flows and prospects may be adversely affected by the invocation of all or any personal guarantees provided by its Promoter.
- The company has not made any alternate arrangements for meeting its regular working capital requirements. If the company's operations do not generate the necessary cash flow, the company's working capital requirements may negatively affect its operations and financial performance.
- The company's funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.
- The company's lenders have charge over its Machinery, book debts, stocks in respect of finance availed by the company.
- Any destruction, breakdown, theft the company's major plants or machinery or failures to repair or maintain the same may adversely affect its business, cash flows, financial condition and results of operations.
- Some of the details mentioned in the respective KYC Documents of the company's promoters/Promoter Group/Directors/KMP/SMP are not same as other KYC documents.
- The company's manufacturing Unit is situated in Rajkot, Gujarat and its operations may be affected by various factors associated with the region where the company operates.
- The company's Promoters and Promoter Group will continue to retain control over the Company after completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.
- The company is subjects to risks arising from interest rate fluctuations, which could adversely affect its business, financial condition and results of operations.
- The future operating results are difficult to predict and may fluctuate or adversely vary from the past performance.
- The company is subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect its results of operations.
- Information in relation to the company's installed capacity and capacity utilization of its manufacturing facility included in this Prospectus is based on various assumptions and estimates, and future production and capacity utilization may vary.
- The Company does not have any listed peer companies for comparison of performance and therefore, investors must rely on their own examination of accounting ratios of the Company for the purposes of investment in the Issue.
- Industry information included in this prospectus has been derived from www.ibef.org. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- Portion of its Issue Proceeds are proposed to be utilized for general corporate purposes amounting to ? 200.00 lakhs which constitute 8.40% of the total Issue Proceeds.
- The Company previously had filed a Draft Prospectus dated January 07, 2025, for initial public issue of ?2,380.80 lakhs, which has been subsequently withdrawn.
- In the event there is any delay in the completion of the Issue, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect its revenues and results of operations.
- There is no guarantee that the company's Equity Shares will be listed on the SME Platform of BSE Limited in a timely manner or at all.
- The Issue Price of its Equity Shares may not be indicative of the market price of the company's Equity Shares after the Issue.
- There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- After this Issue, the price of the company's Equity Shares may be volatile, or an active trading market for its Equity Shares may not be sustained.
- The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- Any future issuance of Equity Shares may dilute the investors' shareholdings or sales of the company's Equity Shares by its Promoters or Promoter Group may adversely affect the trading price of its Equity Shares.
- You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
- Applicants to this Issue are not allowed to withdraw their Applications after the Issue Closing Date.
- The company's ability to pay dividends in the future will depend on our earnings, financial condition, working capital requirements, capital expenditures and restrictive covenants of its financing arrangements.
- The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
- Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- The company's Equity Shares are quoted in Indian Rupees in India, and therefore investors may be subject to potential losses arising out of exchange rate risk on the Indian Rupee and risks associated with the conversion of Indian Rupee proceeds into foreign currency.
The Issue type of Gujarat Peanut & Agri Products Ltd is Fixed Price - SME.
The minimum application for shares of Gujarat Peanut & Agri Products Ltd is 3200.
The total shares issue of Gujarat Peanut & Agri Products Ltd is 2976000.
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.