City Crops Agro Limited

About the company

## **About the City Crops Agro Limited IPO :** Incorporated in 2013, City Crops Agro Limited is involved in trading agricultural products, including seeds, rice, wheat, onions, potatoes, tomatoes, isabgol, and pulses. They operate an integrated online platform offering cereals, oilseeds, pulses, and vegetables. Additionally, the company engages in contract manufacturing of agricultural produce like cucumbers, onions, and castor. They source agricultural products from manufacturers, pay an advance, label the products, and distribute them through a network of distributors. With decades in the market, the company has established strong relationships with farmers and wholesalers/retailers. For contract manufacturing, the company leases agricultural land to cultivate cucumbers, onions, and castor, gaining control over the process and obtaining better rates. A portion of the yield is shared with farmers working on leased land, benefiting the local farming community. The company currently holds approximately 47.31 acres of land for agricultural production. Now, City Crops Agro Limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised  to meet the following:  1. To meet the working capital requirements of the company 2. General Corporate Purposes 3. To meet the Issue Expenses ## **Here are key details about the City Crops Agro Limited IPO :** Company Name| City Crops Agro Limited  |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   26 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   03 Oct 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   28 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   06 Oct 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   03 Oct 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   10 Oct 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.