Stanbik Agro Limited is an agribusiness company engaged in contract farming, wholesaling, and supplying agricultural commodities, with a strong focus on delivering fresh fruits and vegetables from farm to market. The company emphasizes freshness, quality, sustainable farming practices, and reliable distribution, which has helped it build trust among both retailers and consumers.
Its operations are structured across three business verticals:
- Contract Farming: Stanbik Agro cultivates fruits and vegetables through contract and lease-based farming on 1,27,352 sq. meters of agricultural land. The company works directly with farmers and also sources from APMC markets, ensuring consistent quality and steady supply.
- Modern Retailing: To expand its farm-to-table reach, the company plans to open 20 retail outlets across Gujarat by FY 2026. Each store (~1000 sq. ft.) will be leased and designed to offer clean, hygienic, and easily accessible fresh produce to consumers.
- B2B Supply & Wholesale Distribution: Stanbik Agro supplies agricultural commodities—mainly fruits and vegetables—to wholesalers, retailers, institutional buyers, and B2B e-commerce platforms. This forms a major share of its current business operations.
Stanbik Agro operates a streamlined supply chain connecting farmers to both retail and bulk buyers. It integrates contract farming, APMC sourcing, warehouse/storage facilities, planned retail outlets, and B2B e-commerce distribution to ensure fresh, high-quality produce reaches the market efficiently.
As of 2025, Stanbik Agro has a lean and agile workforce of 16 employees, supporting operations across farming, procurement, logistics, and administration.
Stanbik Agro IPO – Details
| IPO Opening Date | 12 December 2025 |
| IPO Closing Date | 16 December 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 40,92,000 Shares Worth ₹12.28 Crore Fresh Issue: 40,92,000 Shares Worth ₹12.28 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per share |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Stanbik Agro IPO – Date Schedule
| IPO Open Date | 12 December 2025 |
| IPO Close Date | 16 December 2025 |
| Basis of Allotment | 17 December 2025 |
| Initiation of Refund | 18 December 2025 |
| Credit of Shares to Demat | 18 December 2025 |
| IPO Listing Date | 19 December 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2025 |
Stanbik Agro IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 8,000 | ₹2,40,000 |
| Retail (Max) | 2 | 8,000 | ₹2,40,000 |
| S-HNI (Min) | 3 | 16,000 | ₹3,60,000 |
Competitive Strength
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
Company Promoters
- Mr. Ashokbhai Dhanajibhai Prajapati
- Mr. Chirag Ashokbhai Prajapati
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹19.96 Cr | ₹18.88 Cr | ₹1.02 Cr | ₹0.00 Cr |
| 31 March 2024 | ₹26.55 Cr | ₹24.44 Cr | ₹1.85 Cr | ₹0.32 Cr |
| 31 March 2025 | ₹52.49 Cr | ₹47.98 Cr | ₹3.74 Cr | ₹0.09 Cr |
| 30 September 2025 | ₹35.55 Cr | ₹32.74 Cr | ₹2.22 Cr | ₹0.10 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 22.33% |
| ROCE | 27.02% |
| Debt/Equity | 0.02 |
| RoNW | 22.33% |
| PAT Margin | 7.12% |
| EBITDA Margin | 8.73% |
| Price to Book Value | 1.65 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.05 | 3.34 |
| P/E (x) | 7.41 | 8.98 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Expansion of our Retail Network by launching new Retail Outlets. | ₹3.58 |
| Brokerage Charges. | ₹0.19 |
| Security Deposits. | ₹0.37 |
| To Meet the Working Capital Requirement. | ₹6.39 |
| General Corporate Purposes. | ₹1.20 |
✅Strengths
- Integrated farm-to-market supply chain.
- 1,27,352 sq. m. leased farming land.
- Plan to open 20 retail outlets in Gujarat.
- Asset-light model (leased farms, godowns, retail).
- Presence on B2B e-commerce platforms.
- Focus on high-demand fruits & vegetables.
⚠️Risks
- Past delays in GST, TDS & ESIC filings.
- Pending tax-related proceedings.
- Heavy dependence on leased properties.
- Very small workforce (17 employees).
- Agriculture is seasonal & price volatile.
- Retail expansion (20 stores) may face delays/cost overruns.
- No major strategic or financial partners.
Stanbik Agro IPO Promoter Holding
| Pre-Issue Share Holding | 98.92% |
| Post Issue Share Holding | 68.54% |
Stanbik Agro IPO Prospectus
Company Contact Information
| Stanbik Agro Ltd. D 1106, Titanium City Centre, Near Sachin Tower, 100 Feet Road, SAC Ahmedabad, Gujarat, 380015 Phone: +91-8160274723 Email: info@stanbikagro.com Website: https://stanbikagro.com/ |
Stanbik Agro IPO Registrar
| Purva Sharegistry (India) Pvt.Ltd. Phone: +91-022-23018261/ 23016761 Email: newissue@purvashare.com Website: https://www.purvashare.com/investor-service/ipo-query |
Stanbik Agro IPO Lead Manager(s)
| 1. Grow House Wealth Management Pvt.Ltd. |
Stanbik Agro IPO FAQ
| What is Stanbik Agro IPO? Stanbik Agro IPO is an SME IPO. The issue is priced at ₹30 per equity share. The IPO is to be listed on BSE SME. |
| When will Stanbik Agro IPO open? The IPO is to open on 12 December 2025 for NII and Retail Investors. |
| What is Stanbik Agro IPO Investors’ Portion? The investors’ portion for NII – 50%, and Retail is 50%. |
| What is the Stanbik Agro IPO Size? Stanbik Agro IPO size is ₹12.28 Crore. |
| What are the Stanbik Agro IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,40,000, while the maximum bid is 4000 Shares for ₹2,40,000. |
| What is the Stanbik Agro IPO Allotment Date? Stanbik Agro IPO allotment date is 17 December 2025. |
| What is the Stanbik Agro IPO Listing Date? Stanbik Agro IPO listing date is 19 December 2025. The IPO is to be listed on the BSE SME. |
