IPO Details

City Crops Agro Ltd
Registered Office: A-208 Titanium City Centre, 100 Ft Ring Road Satellite, Ahmedabad - 380015, Gujarat
Phone: 91 9428714136
Email: cs@citycropagro.in
Website: www.citycropagro.in
Initial public offer of 60,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of City Crops Agro Limited (the "Company" or the "Issuer") for cash at a price of Rs. 25/- per equity share, including a share premium of Rs. 15/- per equity share (the "Issue Price"), aggregating to Rs. 15.00 crores "The Issue"), of which 3,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 25/- per equity share, aggregating to Rs. 0.75 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 57,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 25/- per equity share, aggregating to Rs. 14.25 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 36.77% and 34.93% respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 25/- each i.e., 2.5 times of the face value of the equity shares. The minimum lot size is 6,000 equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
26-Sep-2023	29-Sep-2023	₹ 25.00	₹ 0.00

Projects
Working Capital Requirements
General Corporate Purposes

Promoted By
Kaupilkumar Hasmukhbhai Shah
Shitalben Kaupilkumar Shah

Listing At
BSE - SME

Registrar to the Issue