Stanbic Agro IPO: Vegetable Trader's ₹30 Shares Hit BSE SME

• Stanbic Agro, an Ahmedabad-based vegetable trading company, is launching an IPO on the BSE SME platform.
• The company aims to raise approximately 28 crore rupees and achieve a market capitalization of 40 crore rupees.
• Shares are priced at 30 rupees each, with about 41 lakh shares offered to raise 12.3 crore rupees.
• The IPO opened on December 12 and will close on December 16, with listing expected on December 19.
• Stanbic Agro reported significant revenue growth, from 26.6 crore in FY24 to 52.5 crore in FY25.

Why It Matters: This IPO reveals the potential and pitfalls of investing in non-traditional SME companies.