IPO IPO-Synopsis
City Crops Agro Ltd

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Registered Office: A-208 Titanium City Centre,100 Ft Ring Road Satellite , Ahmedabad - 380015 , Gujarat , India.
Phone : 91 9428714136   Fax:
Email :  cs@citycropagro.in  
Website :  www.citycropagro.in
Initial public offer of 60,00,000 equity shares of face value of Rs10/- each ("Equity Shares") of City Crops Agro Limited (the "Company" or the "Issuer") for cash at a price of Rs25/- per equity share, including a share premium of Rs15/- per equity share (the "Issue Price"), aggregating to Rs15.00 crores "The Issue"), of which 3,00,000 equity shares of face value of Rs10/- each for cash at a price of Rs25/- per equity share, aggregating to Rs0.75 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 Rs10/- each for cash at a price of Rs25/- per equity share, aggregating to Rs14.25 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 Rs10/- each and the issue price is Rs25/- 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-23 29-Sep-23 Rs25.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :6000  Further Multiples of :6000

  Rs 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 Rs25.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Kaupilkumar Hasmukhbhai Shah
Shitalben Kaupilkumar Shah
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt