STANBIK AGRO IPO

STANBIK AGRO IPO

Snapshot of the Offering

Important Dates for Investors

• Opening Date: 12 Dec 2025
• Closing Date: 16 Dec 2025
• UPI Payment Deadline: 16 Dec 2025 (5 PM)
• Allotment Announcement: 17 Dec 2025
• Refund Processing: 18 Dec 2025
• Demat Credit: 18 Dec 2025
• Stock Market Listing: 19 Dec 2025
• Mandate Validity End: 31 Dec 2025
• Anchor Investor Lock-in Release (50%): 18 Jan 2026
• Anchor Investor Lock-in Release (Remaining): 17 Mar 2026

*Dates may be revised as per official updates.

Delving into Stanbik Agro Limited

Incorporated in 2021 and subsequently restructured as a public company in 2024, Stanbik Agro Limited operates from Ahmedabad, Gujarat, with a distinct focus on the fresh produce market. The company specializes in supplying fresh fruits and vegetables through a robust farm-to-table model. This innovative approach aims to ensure freshness and quality by minimizing intermediaries and optimizing the supply chain directly from farms to consumers.

The company significantly strengthened its market position and operational capabilities through the strategic acquisition of Jay Chamunda Trading Company. Promoted by Mr. Ashokbhai Dhanajibhai Prajapati and Mr. Chirag Ashokbhai Prajapati, Stanbik Agro benefits from the extensive experience and deep sector knowledge brought by its leadership team in the agricultural and trading domains.

Stanbik Agro’s sourcing strategy is comprehensive, acquiring produce directly from local farmers and established Agricultural Produce Market Committees (APMC markets). This ensures a consistent supply of a wide variety of fresh produce. The company employs a multi-channel distribution network, catering to diverse customer segments through its retail outlets, an extensive wholesale network, and prominent e-commerce platforms. This diversified distribution model enhances market reach and ensures product availability across different consumer touchpoints.

The core of Stanbik Agro’s business model lies in its emphasis on efficient sourcing, stringent quality control measures, and a multi-channel distribution strategy. These elements collectively contribute to a reliable supply chain, ensuring high-quality products reach end-users efficiently. The company’s strengths are rooted in its strong sourcing network, specialized expertise in fresh produce trading, a strategic shift towards higher-margin product segments, and a continually expanding retail presence, all contributing to consistent supply and elevated customer satisfaction.

Financial Overview of the Offering

The IPO of Stanbik Agro Limited is structured entirely as a fresh issue, aiming to raise ₹12.28 Crores. A fresh issue signifies that the entire proceeds from the IPO will directly flow into the company’s coffers. This capital infusion is crucial for funding the company’s future growth initiatives, operational expansion, and strengthening its financial position. The absence of an Offer for Sale (OFS) component indicates that existing shareholders are not selling their stakes, reinforcing the company’s commitment to utilizing the funds for its intrinsic development and expansion plans.

Strategic Allocation of IPO Proceeds

Stanbik Agro Limited plans to deploy the capital raised from the IPO across several key strategic areas to fuel its growth and enhance operational efficiencies. The proposed allocation is detailed as follows:

A substantial portion, over 52%, is earmarked for working capital requirements, which is essential for managing day-to-day operations, inventory management, and ensuring smooth business flow as the company scales. The allocation towards the expansion of the retail network (29.17%) demonstrates a clear strategy to increase market penetration and reach a broader customer base directly. Funds for general corporate purposes provide the company with flexibility to address unforeseen business needs, strategic investments, and overall organizational growth. The remaining amounts are allocated to operational necessities and the expenses incurred in conducting the IPO.

Pillars of Advantage

Stanbik Agro Limited leverages several core strengths that underpin its business model and competitive standing in the fresh produce industry:

• Established Operations with a Proven Track Record: The company benefits from a solid operational foundation and a history of successful execution, demonstrating its ability to navigate market dynamics and deliver results. This track record instills confidence in its business model and future prospects.
• Strong Quality Assurance and Product Standards: A dedicated focus on maintaining rigorous quality assurance and adhering to high product standards is central to Stanbik Agro’s operations. This commitment ensures that only fresh and high-quality produce reaches consumers, fostering trust and brand loyalty.
• Experienced and Capable Management Team: The company is led by an experienced and proficient management team. Their deep understanding of the agricultural sector, market trends, and operational complexities provides strategic direction and effective execution capabilities, which are vital for sustainable growth.
• High Customer Satisfaction Driven by Quality and Service: Stanbik Agro prioritizes customer satisfaction through its commitment to quality products and excellent service. This approach helps build strong customer relationships, encouraging repeat business and positive word-of-mouth referrals.
• Smooth Operational Flow with a Reliable Business Model: The company’s business model is designed for seamless operational flow, from sourcing to distribution. This efficiency minimizes wastage, optimizes costs, and ensures timely delivery of fresh produce, contributing to overall reliability and profitability.

Understanding the Potential Challenges

While Stanbik Agro possesses notable strengths, potential investors should also be aware of certain risk factors inherent in its business and the broader industry:

• Dependence on Third-Party Suppliers Without Long-Term Contracts: The company’s reliance on third-party suppliers, particularly in the absence of long-term contractual agreements, introduces a degree of supply chain risk. This could lead to uncertainty in supply continuity and pricing, impacting operational stability.
• Exposure to Supply Shortages and Price Fluctuations: The fresh produce market is inherently susceptible to factors like weather conditions, pests, and seasonal variations, which can lead to supply shortages and significant price fluctuations. These external factors can impact sourcing costs and profitability.
• Risk of Inconsistent Product Quality from External Manufacturers: While the company maintains quality checks, its dependence on external sources for produce means there’s a residual risk of inconsistent product quality. Variances in farming practices or handling by third parties could affect the overall quality of products.
• Limited Control over Supplier Processes and Hygiene Standards: Operating without direct control over the cultivation and initial handling processes of all suppliers can pose challenges in maintaining uniform hygiene and quality standards across the entire supply chain, potentially affecting brand reputation.
• Potential Adverse Impact from Inferior-Quality Products: Should inferior quality products inadvertently enter the supply chain and reach consumers, it could lead to customer dissatisfaction, negative publicity, and a potential loss of market share, thereby impacting financial performance.

Investor Interest at a Glance

Subscription statistics based on the latest available information:

As of December 12, 2025 (05:00 PM), the initial investor interest for the Stanbik Agro IPO shows a relatively subdued response on its opening day. The Retail Individual Investors (RII) segment has seen a subscription of 0.11 times, indicating that only a small fraction of the shares reserved for this category have been applied for. The Non-Institutional Investors (NII) category has not yet recorded any applications. Qualified Institutional Buyers (QIB) typically participate later in the bidding process or may not be allocated a specific quota in certain SME IPO structures. Investors should monitor these figures closely as the IPO progresses, as subscription levels often pick up towards the close of the bidding period. The Grey Market Premium (GMP) for Stanbik Agro is reportedly ₹0 over the IPO price, though these figures are unofficial and may vary; exchange data is more reliable for tracking genuine investor interest.

Participating in the Stanbik Agro IPO

Investors keen on participating in this offering can do so via the official Dhan Kirti IPO platform. Ensure your application is submitted well before the subscription window closes on December 16, 2025.