31 Mar 2021
Assets2.47
Total Income3.49
Profit After Tax0.04
NET Worth0.05
Reserves and Surplus0.04
Total Borrowing0.01
At a glance
Updated 2026-09-16The shares listed at ₹25.50, a 2.00% move from the issue price. City Crops Agro is a SME IPO with an issue size of ₹15.00 crore, proposed for listing on BSE SME. The offer opens on 26th Sep 2023 and closes on 29th Sep 2023. The issue structure includes a fresh issue of ₹14.25 crore. The current listing schedule points to 10th Oct 2023.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹15.00 Cr
Fresh issue₹14.25 Cr
Face value₹10
Price band—–—
Allotment5th Oct 2023
Listing10th Oct 2023
Listing performance
Full performance ↗Issue price₹25.00
Listing price₹25.50
Current price—
Listing gain2.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹25.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Sep 2023
Closes29th Sep 2023
Allotment5th Oct 2023
Refund6th Oct 2023
Demat9th Oct 2023
Listing10th Oct 2023
Subscription demand
Full bidding ↗Total3.47×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 6000 | — |
Company
Incorporated2013
Use of proceeds
| Object | Amount |
|---|---|
| To meet the working capital requirements of the company | ₹11.25 Cr |
| General Corporate Purposes | ₹3.45 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue24.62₹ Cr · +38.6% vs prior year
PAT1.17₹ Cr · +143.8% vs prior year
Assets14.03₹ Cr · +8.0% vs prior year
Net Worth11.94₹ Cr · +10.9% vs prior year
Borrowing0.02₹ Cr · -60.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets12.99
Total Income17.76
Profit After Tax0.48
NET Worth10.77
Reserves and Surplus0.45
Total Borrowing0.05
31 Mar 2023
Assets14.03
Total Income24.62
Profit After Tax1.17
NET Worth11.94
Reserves and Surplus1.63
Total Borrowing0.02
KPIs
| KPI |
|---|
| RoNW |
Valuation & shareholding
Pre-IPO EPS1.13
Pre-IPO P/E22.03
Post-IPO P/E34.72
Promoter holding pre86.51%
Promoter holding post54.7%
Market cap₹40.79 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| City Crops Agro limited IPO | — | 34.72 x | — | — |
| Farm Peace IPO | — | 16.12 x | — | — |
| Dhanwel Hybrid IPO | — | 14.74 x | — | — |
| Adon Agro IPO | — | 6.42 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees paid to depositories | ₹0.03 Cr |
| Consultancy and Charges for IPO | ₹0.16 Cr |
| Legal Charges for IPO | ₹0.00 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Turnaround Corporate Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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