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Nirman Agri: IPO, Share Price and Results Since Listing
Nirman Agri listed on NSE Emerge on 28 March 2023 after an IPO at INR 99 a share. On 11 November 2026 the shares closed at INR 25.70, 74.04% below the issue price. For H2 FY2026 it reported revenue of INR 50.34 crore (-59.42% on a year earlier) and a profit after tax of INR 3.03 crore.
Key Facts
- IPO dates
- 15 March 2023 to 20 March 2023
- Issue price
- INR 99
- Issue size
- INR 20.30 crore
- Subscription
- 1.63 times
- Lead manager
- First Overseas Capital Limited
- Listing day
- opened at INR 102 (+3.03%), closed at INR 101.30 (+2.32%)
- Listed on NSE Emerge
- 28 March 2023
- Symbol
- NIRMAN
- Latest close
- INR 25.70 on 11 November 2026
- Against issue price
- -74.04%
- Lot size now
- 300 shares (INR 7,710 at the latest close)
Results Filed With NSE
Standalone figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H2 FY2026 | 50.34 | -59.42% | 3.03 | 3.78 | after listing | 30 May 2026 |
| FY2026 | 196.57 | -16.89% | 17.61 | 21.98 | after listing | 30 May 2026 |
| H1 FY2026 | 146.23 | – | 14.58 | 18.20 | after listing | 14 November 2025 |
| H2 FY2025 | 124.07 | – | 13.65 | 17.04 | after listing | 30 May 2025 |
| FY2025 | 236.52 | – | 25.29 | 31.57 | after listing | 30 May 2025 |
Promoter Holding
Promoter holding has moved from 65.59% on 25 March 2023 to 44.34% on 30 September 2026 (-21.25 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 44.34% | 55.66% |
| 31 March 2026 | 44.34% | 55.66% |
| 30 September 2025 | 44.34% | 55.66% |
| 31 March 2025 | 57.96% | 42.04% |
| 30 September 2024 | 57.81% | 42.19% |
| 31 March 2024 | 66.05% | 33.95% |
| 31 December 2023 | 66.05% | 33.95% |
| 30 September 2023 | 66.05% | 33.95% |
| 31 March 2023 | 65.59% | 34.41% |
| 25 March 2023 | 65.59% | 34.41% |
Next Board Meeting
14 November 2026: Financial results
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.