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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
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
()Cr. Lead Managers to the Issue
Project Cost 14.70 Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer 15.00
Post Issue Equity Share Capital 16.32
Issue Price 25.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Kaupilkumar Hasmukhbhai Shah
Shitalben Kaupilkumar Shah
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

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NASDAQ

17,573.30 -54.76 (-0.31%)

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