Stanbik Agro IPO

Stanbik Agro Limited is a company that manufactures, wholesales, and supplies agricultural commodities. The company uses a fresh and green business model by sourcing fresh fruits and vegetables directly from the farm and promoting eco-friendly farming practices. The company runs its business through three different verticals- contract farming, modern retailing, and B2B business. Its contract-farming business works by taking 1,27,352 sq. m of land on rent from different farmers and growing crops like sesame, cumin, and cotton based on land suitability. The revenue from this segment has grown from ₹1.10 crore in FY23 to ₹2.43 crore in FY25.

Stanbik in the modern retailing vertical presently runs seven retail outlets in the strategically located areas of Ahmedabad and Gandhinagar, where it sells fresh produce directly to the consumers. Its trading segment has shown remarkable growth, increasing from ₹18.87 crore in FY23 to ₹50.05 crore in FY25. The product mix changed significantly within this period: in FY23, it was comprised of pulses and cereals only, while in FY25, fruits accounted for 16.25% and vegetables for 83.75%. The company also has a godown of around 5,600 sq. ft at Jamalpur, Ahmedabad, which is very well located in the primary fruits and vegetables market area.