City Crops Agro IPO Date, Review, Price, Allotment Details

City Crops Agro IPO Details: City Crops Agro IPO date is fixed, The IPO will open on September 26 and will close on September 29. City Crops Agro is an BSE SME IPO to raise ₹15.00 crores via IPO. The City Crops Agro IPO price band is fixed at ₹25 with a market lot of 6000 shares.

City Crops Agro IPO

Table of Contents

City Crops Agro is engaged in the business of trading products like seeds, and agricultural produce mainly Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. They have an integrated online platform that includes products such as cereals, oil seeds, pulses, and vegetables. The company is also engaged in contract manufacturing for agricultural produce such as Cucumber, Onion, and Castor.


The company sources the agricultural products from the manufacturers by paying an advance payment with their labeling and then these products are sold to their network of distributors. Owing to their presence in the market for decades, they have built strong relationships with both the farmers as well as with the wholesaler/retailers’ community.

In contract manufacturing, The company leases agricultural land on lease and cultivates Cucumber, Onions, and Castor to meet the demand in the market. This gives the company control over the entire process and gets the agricultural produce at better rates as compared to the market. A part of the yield is shared with the farmers working on a contractual basis on the leased land, which further helps the local farmers’ community. The company currently has around 47.31 acres of land for agricultural production.


Objects of the Issue:

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

City Crops Agro IPO Review

  • Avoid

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 net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
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 minimum market lot is 6000 shares with a ₹150,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum16000₹150,000
Retail Maximum16000₹150,000
S-HNI Minimum212000₹300,000

City Crops Agro IPO Dates

The City Crops Agro IPO date is September 26 and the IPO close date is October 3. The IPO allotment date is September 29 and the IPO might list 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 check IPO subscription status and IPO allotment status on their respective pages.

City Crops Agro IPO Form

How to apply City Crops Agro IPO? You can apply City Crops Agro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the City Crops Agro IPO in the Invest section. The other option you can apply City Crops Agro IPO via IPO forms download via the BSE website. Check out the City Crops Agro forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


City Crops Agro Company Financial Report

₹ in Crores
YearRevenueExpensePAT
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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹1.13 per Equity Share
Price/Earning P/E Ratio:22.03
Return on Net Worth (RoNW):9.80%
Net Asset Value (NAV):₹11.58 per Equity Share

Peer Group

  • MK Exim (India) Ltd
  • Alstone Textiles (India) Ltd

Company Promoters

  • 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 status on Skyline Financial website 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 raise ₹15.00 Crores via IPO. The issue is priced at ₹25 per equity share. The IPO is to be listed on BSE.

When City Crops Agro IPO will open?

The IPO is to open on September 26, 2023 for QIB, NII, and Retail Investors.

What is City Crops Agro IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the City Crops Agro IPO?

You can apply City Crops Agro IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the City Crops Agro IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “City Crops Agro”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the City Crops Agro IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “City Crops Agro”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the City Crops Agro IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “City Crops Agro”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is City Crops Agro IPO Size?

City Crops Agro IPO size is ₹15.00 crores.

What is City Crops Agro IPO Price Band?

City Crops Agro IPO Price Band is ₹25 per equity share.

What is City Crops Agro IPO Minimum and Maximum Lot Size?

The IPO bid is 6000 shares with ₹150,000.

What is City Crops Agro IPO Allotment Date?

City Crops Agro IPO allotment date is October 5, 2023.

What is City Crops Agro IPO Listing Date?

City Crops Agro IPO listing date is October 10, 2023. The IPO to list on BSE SME.

Note: The City Crops Agro IPO details are announced officially. The IPO grey market premium (City Crops Agro IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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