New Delhi, Sept. 23 -- Gurunanak Agriculture India Limited (GNAIL), a Chhattisgarh-based farm equipment manufacturer, is set to launch its Initial Public Offering (IPO) on the NSE Emerge platform.

The IPO opens onSeptember 24, 2025, and closes onSeptember 26, 2025, offering3.84 million equity sharesatRs 75 per share.

Investors can participate with a minimum investment ofRs 1.2 lakh for 1,600 shares, and the listing is scheduled forOctober 1, 2025.

The funds raised through the IPO will be used to set up anew harvester manufacturing unit, meetworking capital requirements, and cover general corporate expenses.

The company plans to expand its annual production capacity to300 harvesters, 4,000 threshers, and4,000 other farm machines, inclu...