1.Company Information
Incorporated in 2013, City Crops Agro Limited, previously known as Bhagya Agro-Care Private Limited, is engaged in the business of trading products like seeds, agricultural produces mainly Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. The company sources the agricultural products from the manufacturers by paying an advance payment with its labeling and then these products are sold to its network of distributors. In contract manufacturing, the company leases agricultural land on lease and cultivates Cucumber, Onion, and Castor to meet the demand in the market. The company currently has around 47.31 acres of land for agricultural production. City Crops Agro is located in Ahmedabad, Gujarat, and employes over 8 employees.City Crops Agro recorded Rs. 1774.88 Lacs and Rs. 348.90 Lacs in revenue from operations in fiscal 2022 and 2021 respectively.
2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet the working capital requirements of the company.
2. General Corporate Purposes.
3. To meet the Issue Expenses.
3.City Crops Agro IPO Registrar
Skyline Financial Services Private Ltd
Phone:02228511022
Email: ipo@skylinerta.com
Website:https://www.skylinerta.com/ipo.php