Vegetable Shop IPO: Stanbic Agro Aims to Raise ₹12.28 Cr

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News18•13-12-2025, 21:07
Vegetable Shop IPO: Stanbic Agro Aims to Raise ₹12.28 Cr
- •Stanbic Agro Limited, a fresh fruit and vegetable retailer, is launching an IPO on the BSE SME platform.
- •The company aims to raise ₹12.28 crore through the IPO, which opened on December 12, 2025, and closes on December 16, 2025.
- •The IPO consists of a fresh issue of 4,092,000 equity shares at an issue price of ₹30 per share.
- •Stanbic Agro operates a direct farm-to-consumer model, including contract farming, modern retail, and B2B supply.
- •Funds raised will be used to expand its retail network, open new stores, and meet working capital requirements.
Why It Matters: A vegetable shop IPO signals new investment in direct farm-to-consumer models.
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