The City Crops Agro IPO commenced on September 26, 2023, and concluded on September 29, 2023. The allotment of shares took place on October 5, 2023, and the initiation of refunds began on October 6, 2023. The shares were credited to the demat accounts of investors on October 9, 2023. Finally, the listing of City Crops Agro on the stock exchange occurred on October 10, 2023.
The City Crops Agro IPO was priced at ₹25 per share, with a lot size of 6000 shares . The total issue size was ₹15 crores, comprising a fresh issue of ₹15 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
City Crops Agro IPO Basic Details
| Company Name | City Crops Agro Limited |
| Domain of Company | Agro Trading Business |
| City Crops Agro IPO GMP Today | ₹0.00 |
| City Crops Agro IPO Listing Gain | 0.00% |
| City Crops Agro IPO Open Date | September 26, 2023 |
| City Crops Agro IPO Close Date | September 29, 2023 |
| City Crops Agro IPO Allotment Date | October 5, 2023 |
| City Crops Agro IPO Listing Date | October 10, 2023 |
| Face Value | ₹10 per share |
| Price | ₹25 per share |
| Lot Size | 6000 Shares |
| Issue Size | 6,000,000 shares of ₹10 (aggregating up to ₹15.00 Cr) |
| Fresh Issue | 6,000,000 shares of ₹10 (aggregating up to ₹15.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Kaupilkumar Hasmukhbhai Shah and Mrs. Shitalben Kaupilkumar Shah |
City Crops Agro IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 25 September 2023 | ₹0 | 0.00% | – | – |
City Crops Agro Limited IPO Details:
City Crops Agro Limited, which started in 2013 under the name Bhagya Agro-Care Private Limited, is all about trading. They deal with things like seeds and farm products, mainly Rice, Wheat, Onions, Potatoes, Tomatoes, Isabgol, and Pulses.
Here’s how they work: The company buys these products from the manufacturers. They pay them some money upfront and put their label on the products. After that, they sell these products to their network of distributors.
Besides buying and selling, they also grow some things themselves. They rent some land and plant Cucumbers, Onions, and Castor plants to meet market demand. Right now, they have about 47.31 acres of land for farming.
City Crops Agro is based in Ahmedabad, Gujarat, and they have more than 8 employees.
In terms of money, in the year 2022, they made Rs. 1774.88 Lacs, and in 2021, they made Rs. 348.90 Lacs from their business operations.
City Crops Agro IPO More Details Click Here
City Crops Agro IPO FAQs
When is City Crops Agro IPO open?
City Crops Agro IPO will open on 26 September 2023.
When is City Crops Agro IPO Close?
City Crops Agro IPO will be closed on 29 September 2023.
What is City Crops Agro IPO GMP Today?
The City Crops Agro IPO GMP aka Grey Market Premium is ₹0.
What is City Crops Agro IPO Kostak Rates Today?
The City Crops Agro IPO Kostak Rate is ₹000.
What is City Crops Agro IPO Subject to Sauda Price Today?
The City Crops Agro IPO subject to sauda rates is ₹000.
City Crops Agro IPO Expected Returns?
The City Crops Agro expected return is 0.00%.
How much will be the listing gain in City Crops Agro IPO?
City Crops Agro IPO will get listing gain of 0.00%. (Approx.)
