The City Crops Agro IPO started on September 26, 2023, and ended on September 29, 2023. Shares were allocated on October 5, 2023, and refund processes began on October 6, 2023. On October 9, 2023, the shares were credited to investors demat accounts. City Crops Agro was officially listed on the stock exchange on October 10, 2023.
During the IPO, City Crops Agro offered shares at a price range of ₹25 per share, and the lot size was 6000 shares. The total issue size was ₹15 crores, with ₹15 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to other and 50% were set aside for retail investors.
City Crops Agro IPO Subscription Update Video
City Crops Agro Limited IPO Subscription Status
The City Crops Agro IPO on September 26, 2023 was subscribed 0.88 times, with the retail category being subscribed 0.26 times, the other category being subscribed 1.50 times.
| Category | Subscription |
| Other | 1.50x |
| Retail | 0.26x |
| Total | 0.88x |
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 |
About City Crops Agro Limited
City Crops Agro Limited started in 2013, previously known as Bhagya Agro-Care Private Limited. They’re in the business of trading agricultural products like seeds and crops such as rice, wheat, onions, potatoes, tomatoes, isabgol, and pulses.
The company gets these products from farmers by paying them in advance, puts their label on them, and then sells them to their network of distributors. They also lease agricultural land to grow cucumbers, onions, and castor 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 has more than 8 employees.
In the fiscal year 2022, City Crops Agro had revenue of Rs. 1774.88 Lacs, and in 2021, it was Rs. 348.90 Lacs.
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City Crops Agro IPO FAQs
What is the start and end date of City Crops Agro IPO Subscription?
The City Crops Agro IPO started on September 26, 2023, and ended on September 29, 2023.
When does City Crops Agro IPO Subscription open?
The City Crops Agro IPO open on September 26, 2023.
When does City Crops Agro IPO Subscription close?
The City Crops Agro IPO Close on September 29, 2023.
What is the allotment date of City Crops Agro IPO?
The allotment date for City Crops Agro IPO is October 5, 2023.
When is the initial refund date of City Crops Agro IPO?
The initial Refund date for City Crops Agro IPO is October 6, 2023.
When were the shares credited to investors demat accounts for the City Crops Agro IPO?
The shares for the City Crops Agro IPO were credited to investors demat accounts on October 9, 2023.
When will City Crops Agro IPO be listed on the stock market?
City Crops Agro IPO stock market will be listed on October 10, 2023 at 10 am.
What was the price range of the City Crops Agro IPO shares?
The City Crops Agro IPO shares were offered at a price range of ₹25 per share.
What was the lot size for the City Crops Agro IPO shares?
The lot size for the City Crops Agro IPO shares was 6000 shares.
What was the total issue size of the City Crops Agro IPO?
The total issue size of the City Crops Agro IPO was ₹15 crores.
How were the shares allocated among different types of investors for the City Crops Agro IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the City Crops Agro IPO listed?
The City Crops Agro IPO was on the BSE SME.
What is the City Crops Agro IPO Subscription Status?
City Crops Agro IPO is subscribed Times.
