City Crops Agro is engaged within the industry of buying and selling merchandise like seeds, and agricultural produce principally Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. They have an built-in on-line platform that comes with merchandise reminiscent of cereals, oil seeds, pulses, and greens. The corporate may be engaged in contract production for agricultural produce reminiscent of Cucumber, Onion, and Castor.
The corporate assets the rural merchandise from the producers by means of paying an advance cost with their labeling after which those merchandise are bought to their community of vendors. Owing to their presence out there for many years, they’ve constructed robust relationships with each the farmers in addition to with the wholesaler/outlets’ neighborhood.
In contract production, The corporate rentals agricultural land on rent and cultivates Cucumber, Onions, and Castor to satisfy the call for out there. This offers the corporate regulate over all of the procedure and will get the rural produce at higher charges as in comparison to the marketplace. Part of the yield is shared with the farmers running on a contractual foundation at the leased land, which additional is helping the native farmers’ neighborhood. The corporate recently has round 47.31 acres of land for agricultural manufacturing.
Objects of the Issue:
- To meet the running capital necessities of the corporate.
- General Corporate Purposes.
- To meet the Issue Expenses.
City Crops Agro IPO Review
City Crops Agro IPO Date & Price Band Details
| IPO Open: | September 26, 2023 |
| IPO Close: | September 29, 2023 |
| IPO Size: | Approx ₹15.00 Crores, 6,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹25 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the web be offering |
| QIB Quota: | [.]% of the web be offering |
| NII Quota: | 50% of the web be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
City Crops Agro IPO Market Lot
The City Crops Agro IPO minimal marketplace lot is 6000 stocks with a ₹150,000 utility quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 6000 | ₹150,000 |
| Retail Maximum | 1 | 6000 | ₹150,000 |
| S-HNI Minimum | 2 | 12000 | ₹300,000 |
City Crops Agro IPO Dates
The City Crops Agro IPO date is September 26 and the IPO shut date is September 29. The IPO allotment date is October 5 and the IPO would possibly listing on October 10.
| IPO Open Date: | September 26, 2023 |
| IPO Close Date: | September 29, 2023 |
| Basis of Allotment: | October 5, 2023 |
| Refunds: | October 6, 2023 |
| Credit to Demat Account: | October 9, 2023 |
| IPO Listing Date: | October 10, 2023 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
City Crops Agro IPO Form
How to use City Crops Agro IPO? You can observe City Crops Agro IPO by means of ASBA to be had for your checking account. Just pass to the web financial institution login and observe by means of your checking account by means of deciding on the City Crops Agro IPO within the Invest segment. The different possibility you’ll be able to observe City Crops Agro IPO by means of IPO paperwork obtain by means of the BSE web page. Check out the City Crops Agro paperwork – click on BSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.
City Crops Agro Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹34.89 | ₹34.47 | ₹0.43 |
| 2022 | ₹177.57 | ₹172.02 | ₹4.84 |
| 2023 | ₹246.25 | ₹232.64 | ₹11.71 |
City Crops Agro IPO Valuation – FY2023
Check City Crops Agro IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹1.13 in line with Equity Share |
| Price/Earning P/E Ratio: | 22.03 |
| Return on Net Worth (RoNW): | 9.80% |
| Net Asset Value (NAV): | ₹11.58 in line with Equity Share |
Peer Group
- MK Exim (India) Ltd
- Alstone Textiles (India) Ltd
- Mr. Kaupilkumar Hasmukhbhai Shah
- Mrs. Shitalben Kaupilkumar Shah
City Crops Agro IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
City Crops Agro IPO Allotment Status
Check City Crops Agro IPO allotment standing on Skyline Financial web page URL. Click Here
City Crops Agro IPO Lead Managers aka Merchant Bankers
- Turnaround Corporate Advisors Private Limited
Company Address
City Crops Agro Limited
A-208, Titanium City Centre,
Near Sachin Tower, 100 Ft Ring Road,
Satellite, Ahmedabad – 380015
Phone: +91 9428714136
Email: [email protected]
Website: https://citycropagro.in/
City Crops Agro IPO FAQs
What is City Crops Agro IPO?
City Crops Agro IPO is an BSE SME IPO. They are going to lift ₹15.00 Crores by means of IPO. The factor is priced at ₹25 in line with fairness proportion. The IPO is to be indexed on BSE.
When City Crops Agro IPO will open?
What is City Crops Agro IPO Investors Portion?
How to Apply the City Crops Agro IPO?
How to Apply the City Crops Agro IPO via Zerodha?
How to Apply the City Crops Agro IPO via Upstox?
How to Apply the City Crops Agro IPO via Paytm Money?
What is City Crops Agro IPO Size?
What is City Crops Agro IPO Price Band?
City Crops Agro IPO Price Band is ₹25 in line with fairness proportion.
What is City Crops Agro IPO Minimum and Maximum Lot Size?
What is City Crops Agro IPO Allotment Date?
What is City Crops Agro IPO Listing Date?
Note: The City Crops Agro IPO main points are introduced formally. The IPO gray marketplace top rate (City Crops Agro IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.)
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– Source : IPOWATCH