What are the open and close dates of the City Crops Agro Limited ?

City Crops Agro Limited will be open between 2023-09-26 and 2023-10-03.

What is the allotment date for the City Crops Agro Limited ?

City Crops Agro Limited allotment date is 2023-10-03. For City Crops Agro Limited allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of City Crops Agro Limited ?

For City Crops Agro Limited, the IPO registrar is Skyline Financial Services Private Ltd. You can check City Crops Agro Limited allotment status on the website of the registrar.

Where is the City Crops Agro Limited getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will City Crops Agro Limited shares be credited to your demat account?

The City Crops Agro Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the City Crops Agro Limited ?

The City Crops Agro Limited lot size is 6000 and minimum order quantity is 6000.

What is the price band for the City Crops Agro Limited ?

City Crops Agro Limited has set the price band for its IPO at 25 per equity share with a face value of 10.

City Crops Agro Limited

listed

₹1.50LMin. investment

Bid start
26 Sep
Bid end
3 Oct
Allotment
28 Sep
Release of funds
6 Oct
Demat transfer
3 Oct
Listing
10 Oct

City Crops Agro Limited IPO Details

Issue size

₹15Cr

IPO type

SME

Price range

₹25.00 – ₹25.00

Lot size

6000 shares

RHP/DRHP

Read

Price range₹25.00 – ₹25.00

IPO type

SME

Lot size6000 shares

Issue size₹15Cr

RHP/DRHP

Read

Checklist

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

About the City Crops Agro Limited IPO :

Incorporated in 2013, City Crops Agro Limited is involved in trading agricultural products, including seeds, rice, wheat, onions, potatoes, tomatoes, isabgol, and pulses. They operate an integrated online platform offering cereals, oilseeds, pulses, and vegetables. Additionally, the company engages in contract manufacturing of agricultural produce like cucumbers, onions, and castor.

They source agricultural products from manufacturers, pay an advance, label the products, and distribute them through a network of distributors. With decades in the market, the company has established strong relationships with farmers and wholesalers/retailers.

For contract manufacturing, the company leases agricultural land to cultivate cucumbers, onions, and castor, gaining control over the process and obtaining better rates. A portion of the yield is shared with farmers working on leased land, benefiting the local farming community. The company currently holds approximately 47.31 acres of land for agricultural production.

Now, City Crops Agro Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised will be utilised to meet the following:

To meet the working capital requirements of the company
General Corporate Purposes
To meet the Issue Expenses

Here are key details about the City Crops Agro Limited IPO :

Company Name	City Crops Agro Limited		Company Type	Private
IPO Type	SME

Frequently asked questions

How to invest in the City Crops Agro Limited ?

Investors can apply for the City Crops Agro Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of City Crops Agro Limited ?

The issue size of the City Crops Agro Limited is 15 Cr.

What is 'pre-apply' for City Crops Agro Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will City Crops Agro Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.