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City Crops Agro Ltd
Registered Office:
A-208 Titanium City Centre,100 Ft Ring Road Satellite, Ahmedabad - 380015, Gujarat, India.
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
Opens On Closes On
26-Sep-23 29-Sep-23
Money Payable On
Application Allotment
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