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
Overall Subscription
3.52x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.26x
High Net-Worth
Retail (RII)
4.78x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,850,000 | 6,450,000 | 2.26x |
| RETAIL | 2,850,000 | 13,614,000 | 4.78x |
| Total | 5,700,000 | 20,064,000 | 3.52x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 350 | 1,673 | 4.78x |
| HNIs (10L +) | 2 | 5 | 2.26x |
| HNIs (2-10L) | 11 | 25 | 2.26x |
| Total Applications | 363 | 1,703 | 4.69x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is City Crops Agro Limited IPO GMP today?
Currently, City Crops Agro Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹25 to ₹25 per equity share.
What is the expected profit per lot for City Crops Agro Limited IPO?
The retail lot size is 6000 shares requiring a minimum application amount of ₹1,50,000. Expected listing price is ₹25 per equity share.
What is the issue size and price band for City Crops Agro Limited IPO?
The City Crops Agro Limited IPO aggregate issue size is ₹15 Crores with an equity price band set at ₹25 to ₹25 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,50,000.
How can I check City Crops Agro Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.52x (Retail: 4.78x, QIB: 0.00x, NII: 2.26x). You can track live multiples directly on our dedicated subscription page.
Where and when will City Crops Agro Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-10-05. Investors can verify status using PAN card or application number.
When is the listing date for City Crops Agro Limited IPO?
City Crops Agro Limited shares are scheduled to list on BSE on 2023-10-10.