IPO Trending
CCALSME / BSEListed
City Crops Agro

Incorporated in 2013, City Crops Agro Limited (formerly Bhagya Agro-Care Private Limited) is an Ahmedabad-based company engaged in trading agricultural products like seeds, rice, wheat, onions, potato, tomato, isabgol and pulses. The company procures products directly from manufacturers with advance payments and sells them under its own label through a distributor network. It also does contract farming by leasing agricultural land (currently around 47 acres) to cultivate crops like cucumber, onion and castor to meet market demand. City Crops Agro employs over 8 people and reported revenue from operations of ₹348.90 lakhs in FY21 and ₹1,774.88 lakhs in FY22.

DRHP
₹25 - ₹253.52x sub
Listed Price₹25.50
Listing Gain+2.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open26 Sep 2023
Close29 Sep 2023
Allotment05 Oct 2023
Listing10 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail28,50,000 shares
47.5%
Nii(hni)28,50,000 shares
47.5%
Market Maker3,00,000 shares
5%

Minimum Application Lots

Retail1 Lot (6,000 shares)
₹1,50,000
HNI2 Lots (12,000 shares)
₹3,00,000

Company Promoters

Mr. Kaupilkumar Hasmukhbhai ShahMrs. Shitalben Kaupilkumar Shah

Company Background

Incorporated in 2013, City Crops Agro Limited (formerly Bhagya Agro-Care Private Limited) is an Ahmedabad-based company engaged in trading agricultural products like seeds, rice, wheat, onions, potato, tomato, isabgol and pulses. The company procures products directly from manufacturers with advance payments and sells them under its own label through a distr...

Lead Managers & Bankers

Turnaround Corporate Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹348.9 Cr
Growth-63.8%
Revenue Trend (₹ in Crores)
0.0680.71.4k2.0k30 Sep 2022Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 348.904.32246.990.51
Mar 2022 1,775.6948.411,298.965.01
30 Sep 2022962.7261.311,357.092.01

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values1.130%0%22.0334.72

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
05 Oct 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
10 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for City Crops Agro. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Oct 2023Trading commences on exchange

How to Check City Crops Agro Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select City Crops Agro from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About City Crops Agro IPO

Complete issue overview for City Crops Agro (CCAL) IPO. The issue features an equity share price band of ₹25 per share with a minimum retail lot size of 6000 Shares (minimum application amount of ₹1,50,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions