City Crops Agro Limited
ListedSMEEmerging SME Services · BSE
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.
Price Band
₹25
Issue Size
₹15.00 Cr
Lot Size
6000 shares
GMP
—
Est. Listing
₹25
at current GMP
Subscribed
3.52x
overall
Open
26 Sep 2023
Close
29 Sep 2023
Allotment
5 Oct 2023
Refund
6 Oct 2023
Demat Credit
7 Oct 2023
Listing
10 Oct 2023
Last updated 12 days ago
Official Registrar Verification
City Crops Agro Limited Allotment Status
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
5 Oct 2023
Basis finalization
Refunds Initiate
6 Oct 2023
Mandate release
Demat Credit
7 Oct 2023
Shares in demat
Listing Debut
10 Oct 2023
Trading begins
How to Check City Crops Agro Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
- Select City Crops Agro Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About City Crops Agro Limited Public Issue & Market Profile
City Crops Agro Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹15 Crores. The shares are offered at a price band of ₹25 to ₹25 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-09-29, the basis of allotment is scheduled to be finalized on 2023-10-05. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.