Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Govindah Nutrition Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.41 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Corpwis Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Govindah Nutrition IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 40,50,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 40,50,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,12,41,098 shares |
| Share Holding Post Issue | 1,52,91,098 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 2026 |
| SEBI/Exchange approval received | Mon, Jun 15, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Govindah Nutrition Limited was incorporated in November 2017 and is engaged in the collection, processing, and distribution of packaged milk and dairy products under its own brand in Madhya Pradesh. The company offers a range of dairy products, including fresh milk, curd, chaach, paneer, and ghee, serving customers through retail, D2C subscription, and B2B channels.
The company operates a fully automated SCADA-controlled dairy processing facility spread across 8 acres in Shajapur, Madhya Pradesh, with a milk processing capacity of 1 lakh litres per day. It has built a procurement network of over 150 village collection centres and more than 4,000 farmers, ensuring a consistent supply of quality milk.
As of September 2025, the company had 57 employees and 43 NAPS apprentices. With a strong focus on quality assurance, traceable milk sourcing, and a technology-enabled D2C platform, Govindah Nutrition aims to provide natural, farm-fresh dairy products across the state.
Strengths
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 94.21 | 88.29 | 64.63 | 51.68 |
| Total Income | 104.33 | 177.20 | 139.57 | 68.94 |
| Profit After Tax | 6.37 | 8.01 | 3.27 | 1.32 |
| EBITDA | 10.47 | 16.07 | 9.64 | 6.16 |
| NET Worth | 32.67 | 26.61 | 8.91 | 5.64 |
| Reserves and Surplus | 21.43 | 20.99 | 3.95 | 0.68 |
| Total Borrowing | 44.99 | 47.01 | 43.70 | 37.35 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Elfin Agro India Ltd. | SME | ₹25.03 Cr | ₹47 | 13.05 | ₹47.60 | +1.28% | ₹80.43 (+4.93%) |
| Shyam Dhani Industries Ltd. | SME | ₹38.49 Cr | ₹70 | 13.19 | ₹139.65 | +99.50% | ₹59.00 (+0.85%) |
| Pajson Agro India Ltd. | SME | ₹74.45 Cr | ₹118 | 10.11 | ₹130.20 | +10.34% | ₹179.00 (-2.72%) |
| Mother Nutri Foods Ltd. | SME | ₹39.59 Cr | ₹117 | 17.78 | ₹124.30 | +6.24% | ₹161.50 (+0.00%) |
| Rukmani Devi Garg Agro Impex Ltd. | SME | ₹23.52 Cr | ₹99 | 8.5 | ₹77.13 | -22.09% | ₹106.45 (-3.23%) |
| Gujarat Peanut & Agri Products Ltd. | SME | ₹23.81 Cr | ₹80 | 8.97 | ₹67.20 | -16.00% | ₹80.00 (+4.60%) |
| Shivashrit Foods Ltd. | SME | ₹70.03 Cr | ₹142 | 16.44 | ₹141.45 | -0.39% | ₹117.65 (-1.05%) |
| Orkla India Ltd. | Mainboard | ₹1,667.33 Cr | ₹730 | 39.11 | ₹713.65 | -2.24% | ₹586.05 (-0.84%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure | 4.62 |
| 2 | Working Capital Requirement | 33.30 |
| 3 | Repayment of Borrowings | 9.79 |
| 4 | General Corporate Purposes | |
| Total | 47.71 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 21.49% | 45.08% |
| ROCE | 12.40% | 19.52% |
| Debt/Equity | 1.38 | 1.77 |
| RoNW | 21.49% | 45.08% |
| PAT Margin | 6.12% | 4.53% |
| EBITDA Margin | 10.07% | 9.10% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.12 | 8.33 |
| Promoter Holding | 88.21% | 64.85% |
Lead Manager Reports
Govindah Nutrition IPO is a SME IPO of 40,50,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Govindah Nutrition IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Govindah Nutrition IPO using UPI as a payment gateway. Zerodha customers can apply in Govindah Nutrition IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Govindah Nutrition IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Govindah Nutrition IPO dates are not announced. Please check back again after some time.
Govindah Nutrition IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Govindah Nutrition 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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Govindah Nutrition IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Govindah Nutrition IPO allotment status.
The Govindah Nutrition IPO listing date is not yet announced. The tentative date of listing is .
