Updated on 19.12.2025 @ 9:46 am
Stanbik Agro Limited is launching its Initial Public Offering (IPO) on the BSE SME platform. It is a Gujarat-based company engaged in contract farming and agricultural commodity trading.
The subscription for this public issue will open on December 12, 2025, and close on December 16, 2025.
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The company aims to raise up to ₹12.28 crores through a 100% fresh issue of shares.
The issue price is fixed at ₹30 per share, with a minimum lot size of 4,000 shares.
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Stanbik Agro has shown impressive profit growth following a strategic pivot towards higher-margin produce, but investors must be aware of the high customer and supplier concentration.
If you plan to invest your profits systematically post-listing, you can easily estimate future returns using our SIP Calculator
In this article, you will find Stanbik Agro IPO GMP today, subscription status, allotment date, price band, and a detailed, unbiased review to help you make an informed decision.
Briefs of Stanbik Agro IPO Details
- Price: ₹30 per share (Fixed Price)
- IPO Open / Close Dates: December 12, 2025 – December 16, 2025
- Lot Size: 2,000 Shares (Minimum 2 lots-4,000 shares)
- Issue Size: 40,92,000 shares (aggregating up to ₹12.28 Crores)
- Fresh Issue / OFS: 100% Fresh Issue
- Registrar: Purva Sharegistry (India) Pvt.Ltd.
- Listing Exchange: BSE SME
What is The Stanbik Agro IPO GMP Today?
Check the gmp of this and other IPOs at our grey market premium hub page. (The Grey Market Premium (GMP) is an unofficial indicator and it is not regulated).
Listing Updates:
| Type | Issue Price | Open | Gain/loss |
| Lisiting | 30 | 31.75 | 5.8 |
What Are The Stanbik Agro IPO Dates & Allotment Schedule?
- IPO Open & Close Date: December 12, 2025 – December 16, 2025
- Basis of Allotment Date: December 17, 2025
- Refund Initiation Date: December 18, 2025
- Credit of Shares: December 18, 2025
- Listing Date: December 19, 2025
What Are The Objectives of Stanbik Agro IPO?
The company intends to utilise the net proceeds from the public offering for its operational and expansion needs:
- Funding Working Capital Requirements (₹6.39 Crores): To manage the working capital cycle, crucial for procuring agricultural commodities and managing inventory.
- Expansion of Retail Network (₹3.58 Crores): To launch 20 new retail outlets, primarily focused in Gujarat, enhancing its direct-to-consumer reach.
- General Corporate Purposes: The balance amount will be used for other strategic requirements.
hOW IS THE Financial Performance of Stanbik Agro?
The following table summarizes the company's financial performance based on restated consolidated data.
(Amounts in ₹ Crores)
| Particulars | Period Ended 30 Sep 2025 (6 Months) | Year Ended 31 Mar 2025 | Year Ended 31 Mar 2024 | Year Ended 31 Mar 2023 |
Total Income | 35.55 | 52.49 | 26.55 | 19.96 |
Profit After Tax (PAT) | 2.22 | 3.74 | 1.85 | 1.02 |
EBITDA | 2.83 | 4.58 | 2.12 | 1.09 |
Total Borrowing | 0.10 | 0.10 | 0.32 | 0 |
Assets | 22.54 | 18.42 | 14.28 | 7.91 |
Source: RHP
Key Financial Observations:
Profit After Tax (PAT):
The company has demonstrated robust profit growth, with PAT nearly doubling from ₹1.85 Crores in FY24 to ₹3.74 Crores in FY25. This surge is driven by a successful pivot to higher-margin fruits and vegetables and expansion into retail.
Total Income:
Revenue grew significantly by nearly 98% in FY25 to ₹52.49 Crores. The strong momentum continues in the first half of FY26 with ₹35.55 Crores, indicating scalability in its trading and retail operations.
EBITDA:
Operational profitability has improved consistently, with EBITDA more than doubling in FY25. The margins have stabilized around 8-9%, reflecting better cost management and higher-value product mix.
Total Borrowings:
The company maintains a very lean balance sheet with minimal debt of just ₹0.10 Crores as of September 2025. This low leverage provides financial flexibility and reduces interest burden.
Assets:
Total assets have grown nearly 3x since FY23 to ₹22.54 Crores, driven by increased working capital needs (inventory and receivables) to support the expanded business volume.
P/E Ratio & Peer Comparison
Based on its Fiscal Year 2025 earnings per share (EPS) of ₹5.09, the IPO is priced at a Price-to-Earnings (P/E) multiple of approximately 5.9x at the issue price of ₹30.
P/E Ratio = ₹30 (Price) / ₹5.09 (Earnings Per Share)
P/E Ratio ≈ 5.9x
This valuation appears highly attractive when compared to its listed industry peers.
| Company Name | P/E Ratio | RoNW (%) (FY25/H1 FY26) | EPS (₹) |
Stanbik Agro (at IPO price) | ~5.9x | 11.73% | 5.09 |
| Prime Fresh Ltd | 57.03x | 7.29% | 4.40 |
| City Crops Agro Ltd | N.A. (Loss) | -22.63% | (3.59) |
Analysis for Investors:
Stanbik Agro is priced at a significant discount to its peer Prime Fresh Limited, which trades at a P/E of ~57x.
Furthermore, Stanbik boasts a superior Return on Net Worth (RoNW) of over 11% (for H1 FY26) compared to Prime Fresh's 7.29%.
This combination of low valuation and better profitability metrics makes the pricing look very compelling for investors willing to bet on the agri-commodity sector.
Industry Outlook
- Stanbik Agro operates in the agricultural trading and contract farming sector, with a specific focus on fruits and vegetables.
- India is the second-largest producer of fruits and vegetables globally.
- The domestic market is shifting towards organized retail and branded produce.
- Stanbik's strategy to expand its own retail network and engage in contract farming aligns well with the growing demand for quality agricultural produce in urban and semi-urban areas.
What Are the Strengths and Risks of Stanbik Agro IPO?
Strengths:
- Strong Financial Growth: Consistent and rapid growth in revenue and profits over the last three years.
- Strategic Pivot: Successful shift from low-margin pulses to higher-margin fruits and vegetables.
- Attractive Valuation: Priced significantly lower than its profitable listed peer.
- Low Debt: A virtually debt-free balance sheet provides financial stability.
Risks:
- High Concentration Risk: The top 5 customers and suppliers account for over 70% of business, a significant dependency risk.
- Negative Cash Flows: The company has reported negative cash flows from operations in recent periods, indicating working capital pressure.
- Geographical Concentration: Operations are entirely concentrated in Gujarat, exposing the business to regional risks.
- SME Segment Risks: The stock will be listed on the BSE SME platform, which typically has lower liquidity.
What Are The Expert Recommendations – Should You Apply?
The Stanbik Agro IPO presents a high-growth opportunity at a very attractive valuation multiple.
- For Value Investors: The low P/E of ~5.9x is a standout feature, offering a deep discount relative to the industry.
- For Growth Investors: The rapid revenue expansion and retail network plans indicate potential for future scale.
- Our View: While the valuation is compelling, the negative cash flow and high concentration risks are notable. We advise investors to read the Red Herring Prospectus (RHP) carefully to understand these risks fully before investing. This IPO is suitable for investors with a moderate to high-risk appetite.
Key Takeaways
- IPO Price: ₹30 per share (Fixed Price)
- Lot Size: 4,000 Shares (Minimum Investment: ₹1,20,000). Note: Minimum investment is ₹2,40,000 for retail (2 lots) as per lot size details, but table shows 1 lot amount is 1.2L. Retail investors usually apply for 1 lot in SME IPOs if allowed, but here minimum application is 2 lots.
- Allotment & Listing Dates: Tentative listing on December 19, 2025.
- Recommendations of experts: Read the RHP carefully. A fast-growing agri-business with low debt and attractive valuation, but with cash flow and concentration risks.
FAQs on Stanbik Agro IPO
What is Stanbik Agro IPO price?
The issue price for the Stanbik Agro IPO is fixed at ₹30 per share.
What is Stanbik Agro IPO allotment date?
The allotment of shares is tentatively expected to be finalized on Wednesday, December 17, 2025.
How to check Stanbik Agro IPO allotment status?
You can check the allotment status on the website of the IPO registrar once the basis of allotment is finalized. You can also check the IPO allotment status of this and other IPOs at our allotment status hub page.
What is Stanbik Agro IPO listing date?
The company's shares are tentatively scheduled to be listed on the BSE SME platform on Friday, December 19, 2025.
Should I apply for Stanbik Agro IPO?
Investors should carefully evaluate the risks. The company has shown strong growth and is attractively priced, but the negative operating cash flow and high business concentration are significant risk factors to consider.
Disclaimer:
This is not investment advice. IPO investments are risky—please do your own research before investing.
