Gajanand International SME IPO Review: ₹21 Cr Agro Issue, Cotton Ginning Economics & Valuation
Gujarat-based cotton ginning and agro-trading company Gajanand International is launching its ₹21 Crore SME IPO. Complete breakdown of commodity processing margins, raw material price sensitivity, and valuation.
Published on · Verified Analysis
Editorial Key Takeaways
This analysis is based on official Draft Red Herring Prospectus (DRED) filings, historical peer valuation multiples, and exchange data. Figures are audited for institutional accuracy.
In This Article
Agro-processing firm Gajanand International Limited is hitting the primary market with its ₹20.65 Crore SME Initial Public Offering on NSE Emerge.
1. Issue Overview & Details
| Parameter | Issue Details |
|---|---|
| **Issue Price** | ₹36 per equity share |
| **Lot Size** | 3,000 Shares |
| **Minimum Retail Application** | ₹1,08,000 (1 Lot) |
| **Issue Size** | ₹20.65 Crore (100% Fresh Issue) |
| **Use of Proceeds** | Working capital financing for raw cotton procurement |
| **Listing Platform** | NSE Emerge (SME) |
2. Business Profile & Margin Structure
3. Verdict
Gajanand International is a standard agricultural processing commodity business with thin margins and high monsoon dependency. Verdict: Neutral / Speculative Listing Play for Experienced SME Traders.
*Disclaimer: Educational review only. SME issues carry higher risk.*
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Our research desk specializes in reading SEBI Red Herring Prospectuses, institutional anchor allocations, and forensic balance sheet audits. Every report follows rigorous E-E-A-T research standards without promoter sponsorship.