Stanbik Agro Ltd Sets IPO Price at Rs 30 per Share

Stanbik Agro Ltd, an Ahmedabad-based company engaged in contract farming and agricultural supply, announces its IPO with shares priced at Rs 30 each. The offering aims to raise Rs 12.28 crore to fund expansion and corporate needs. The IPO runs from December 12-16, 2025.

Ahmedabad's Stanbik Agro Ltd has set its IPO share price at Rs 30, according to a company statement. This initial public offering will be open for subscription starting December 12.

Seeking to raise Rs 12.28 crore, Stanbik Agro is focusing on expanding retail outlets and network, as well as meeting working capital and corporate expenses needs. Involved in contract farming and the supply of agricultural commodities, the company is issuing a fresh batch of approximately 40.92 lakh shares, each having a face value of Rs 10.

The subscription period concludes on December 16, 2025, and shares are planned for listing on the BSE SME platform. Stanbik Agro's recent financials reveal revenues of Rs 52.48 crore and Rs 35.54 crore in the last full and half fiscal years, respectively. Grow House Wealth Management Pvt Ltd is managing the issue.

(With inputs from agencies.)