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IPO Details

IPO Date [.]
Listing Date [.]
Face Value ₹5 per share
Price Band
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Fresh Issue [.] shares
(agg. up to ₹300 Cr)
Offer for Sale 31,00,000 shares of ₹5
(agg. up to ₹[.] Cr)

 

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Thu, Oct 1, 2026

Issue Reservation

Investor Category Shares
QIB Not less than 75% of the Net Offer
Retail Not more than 10% of the Net Offer
NII Not more than 15% of the Net Offer

About Jagatjit Agri Engineering Ltd.

Jagatjit Agri Engineering Ltd., incorporated in 2020, is an agricultural machinery manufacturing and engineering company engaged in providing end-to-end crop solutions. The company operates under the ‘Jagatjit’ brand and has been involved in agricultural machinery manufacturing since the 1980s.

The company has a diversified portfolio of 20+ products and 190+ SKUs, including rotavators, Super Seeders, mulchers, straw reapers, zero-till seed cum fertiliser drills, reversible ploughs, paddy threshers, laser land levellers and other agricultural implements. It also converts agricultural residue into biomass briquettes and pellets, providing solutions for agricultural residue management and biofuel production.

Jagatjit Agri Engineering operates two manufacturing facilities located at Dehlon in Ludhiana district and Cheema in Sangrur district, Punjab. These facilities manufacture a range of agricultural implements and have the capacity to manufacture the company’s entire product portfolio. The company also undertakes R&D activities focused on developing new products, improving existing agricultural equipment and addressing the requirements of farmers. As of July 31, 2026, its R&D team comprised approximately 46 members.

The company has a distribution and dealer network across India, comprising 12 distributors and 233 dealers as of July 31, 2026. It had a presence across 20 states in India and exported its products to 15 countries across North and South America, Europe, Africa, the Middle East and Southeast Asia, including Nepal, Albania, Vietnam and Cambodia. The company had more than 91 sales representatives, including 34 managers and 57 executives, along with 49 sales personnel providing product demonstrations and on-ground customer support.

As of March 31, 2026, the Northern and Central states contributed ₹3,890.89 million, or more than 93.99% of revenue from operations. The company’s dealer and distributor network contributed approximately 86.08% of revenue from operations in Fiscal 2026, compared with 64.46% in Fiscal 2025 and 66.47% in Fiscal 2024.

The company’s customer base includes Seth Agro Industries, Maa Realty Solutions, M/S Mahalaxmi Machinery Store, Shri Shyam Agro Industries, Dinesh Chandra & Bros., Anonymous Customer, Deep Agro Enterprises, Mathouda Enterprises, Guru Nanak Agriculture Implements (Kup Kalan), and Guru Kirpa Farming Solutions. In Fiscal 2026, Seth Agro Industries contributed ₹1,043.46 million, or 25.21%, of revenue from operations, while the other listed customers contributed smaller portions of revenue.

As of July 31, 2026, the company had 839 permanent employees. It also holds three patents and 35 trademark registrations, with five additional trademark applications under examination.

Company Financials (Restated)

Period Ended 31 Mar 2025 31 Mar 2024
Assets 77.93 50.81
Total Income 96.16 49.09
Profit After Tax 6.55 2.50
EBITDA 11.17 6.67
NET Worth 7.08 0.53
Reserves and Surplus 6.08 -0.47
Total Borrowing 20.14 26.74

(Amount in ₹ Crore)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding working capital requirements of the Company
    63.00
  • 2 Funding the capital expenditure requirements of the Company towards expansion of Dehlon Manufacturing Facility
    110.00
  • 3 Repayment and/or prepayment, in part or full of certain borrowings availed by our Company; and
    71.66
  • 4 General corporate purposes
  • Total
    200.16

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 53.89%
ROCE 31.10%
Debt/Equity 1.89
RoNW 44.26%
PAT Margin 7.58%
EBITDA Margin 13.46%
NAV 12.75

Offer For Sale – Selling Shareholder

Name Category No. of Shares Offered
Jagatjit Singh Promoter 31,00,000
Total 31,00,000

Company Financials (Restated Consolidate)

Period Ended 31 Mar 2026
Assets 318.84
Total Income 417.47
Profit After Tax 31.39
EBITDA 55.74
NET Worth 70.47
Reserves and Surplus 69.72
Total Borrowing 124.73
Amount in ₹ Crore

IPO Registrar

MUFG Intime India Pvt.Ltd.

IPO Lead Manager(s)

  1. Keynote Financial Services Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Jagatjit Agri Engineering Ltd. Address
Malerkotla Road
Village Dehlon
Ludhiana, Punjab, 141118

IPO FAQs

Jagatjit Agri Engineering IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Jagatjit Agri Engineering IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Jagatjit Agri Engineering IPO using UPI as a payment gateway. Angel One customers can apply in Jagatjit Agri Engineering IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Jagatjit Agri Engineering IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Jagatjit Agri Engineering IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Jagatjit Agri Engineering IPO dates are not announced. Please check back again after some time.

Jagatjit Agri Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Jagatjit Agri Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Jagatjit Agri Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Jagatjit Agri Engineering IPO allotment status.

The Jagatjit Agri Engineering IPO listing date is not yet announced. The tentative date of listing is .

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