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City Crops Agro limited IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Agro sector. Turnaround Corporate Advisors Private is the merchant banker of City Crops Agro limited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th March 2023.
City Crops Agro limited IPO open date is 26th September 2023 and close date is 29th September 2023. IPO Allotment Date is 5th October 2023 and Listing date is 10th October 2023.City Crops Agro limited IPO size is Rs 15.00 Cr. crores with IPO price of Rs 25.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Turnaround Corporate Advisors Private Limited is the book-running lead manager of the City Crops Agro limited IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Mnm Stock Broking Private Limited for City Crops Agro limited IPO.
City Crops Agro limited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
City Crops Agro limited IPO, based in Ahmedabad, operates in the Agro sector with a focus on trading of products like seeds, agri products.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. City Crops Agro limited IPO size is ₹ 15.00 Cr. Crores with fresh issue size of Rs 15.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for City Crops Agro limited IPO is expected to be 5th October 2023, after the finalization of basis of allotment. Investors can check City Crops Agro limited IPO allotment status on the registrars website, Skyline Financial Services Private Limited. City Crops Agro limited IPO refund dates are 6th October 2023.
City Crops Agro limited IPO is expected to be listed on 10th October 2023.
The upper price band for the City Crops Agro limited IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on City Crops Agro limited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the City Crops Agro limited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th September 2023. After submission, funds are blocked until the basis of allotment of City Crops Agro limited IPO is finalised.
The merchant banker for City Crops Agro limited IPO is Turnaround Corporate Advisors Private Limited . Turnaround Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the City Crops Agro limited IPO RHP for further details.
The registrar for City Crops Agro limited IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to City Crops Agro limited IPO through their official website or helpline.
City Crops Agro limited IPO was subscribed 3.47 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 15.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.73 Cr.
Sector: Agro
SME IPO so far:
34
Merchant Banker:
Turnaround Corporate
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 24.61 cr.
PE
Ratio:
34.72x
Average Sector PE Ratio: 18.29x
City Crops Agro limited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on City Crops Agro limited Financial Review Page
Merchant Banker(s) of City Crops Agro limited IPO: Turnaround Corporate Advisors Private Limited
City Crops Agro limited IPO subscription was 3.47 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
City Crops Agro limited IPO listed at a listing price of 25.42 against the offer price of 25.00.
The current market price of City Crops Agro limited is 28.20.
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