Stanbik Agro IPO: GMP, Dates, Financials, Strengths, Risks & Complete Details
The Stanbik Agro IPO is an SME IPO opening on 12 December 2025 and closing on 16 December 2025. The company operates in the manufacturing, wholesaling, and supply of agricultural commodities, primarily focusing on fruits and vegetables. Incorporated in February 2023, the company has developed a diversified customer base that includes wholesalers, distributors, retailers, and B2C clients.
This article provides a complete breakdown of the Stanbik Agro IPO — including issue details, financial highlights, strengths, risks, allotment information, FAQs, and more.
Stanbik Agro IPO Details
| Particular | Details |
|---|---|
| IPO Opening Date | 12 December 2025 |
| IPO Closing Date | 16 December 2025 |
| Issue Size | ₹12.28 crore |
| Minimum Investment | ₹1,20,000 |
| Lot Size | 2,000 shares |
| Price Band | ₹30 – ₹30 |
| Tentative Allotment Date | 17 December 2025 |
| Tentative Listing Date | 19 December 2025 |
| Face Value | ₹10 |
| Listing Exchange | BSE SME |
| PAN of Promoter | Mr. Ashokkhal Dhanjibhai Prajapati |
| Parent Organization | Stanbik Agro Ltd |
About Stanbik Agro
Stanbik Agro Limited is engaged in the manufacturing, wholesaling, and supply of agricultural goods with a core focus on fruits and vegetables. The company works closely with farmers and suppliers through sourcing arrangements, enabling consistent access to fresh produce.
Stanbik operates through both B2B and B2C channels, giving it the flexibility to serve wholesalers, retailers, and individual consumers. It maintains agricultural supply chain management, warehouse facilities, storage solutions, and vendor partnerships to maintain quality consistency.
Strengths of Stanbik Agro
1. Strong Farmer Sourcing Network
The company has built long-term relationships with farmers, enabling stable supply of fresh fruits and vegetables. This helps reduce dependency on seasonal fluctuations and ensures consistent procurement.
2. Focus on Quality & Freshness
Strict quality checks are performed at multiple stages. This ensures product uniformity, freshness, and improved customer satisfaction.
3. Diversified Customer Base
Stanbik serves wholesalers, distributors, and modern retail outlets. This reduces dependency on any single customer segment and improves demand visibility.
4. Farmer Contracting & Crop Visibility
The company maintains contract farming agreements, giving better visibility over crop production and future supply availability.
5. Market Trend Adaptability
The business adjusts procurement and supply processes based on changing consumer demands, ensuring demand-aligned inventory levels.
6. Strong Storage & Logistics Infrastructure
Stanbik maintains its own facilities, warehouses, and works with third-party vendors.
Closing inventory value was:
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₹15.86 crore in FY23
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₹5.36 crore in FY24
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₹3.56 crore in FY25
This supports operational continuity.
7. Revenue Growth
The company has shown consistent growth:
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Revenue increased from ₹18.93 crore in FY23
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To ₹28.76 crore in FY24
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To ₹50.48 crore in FY25
Profit also increased from:
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₹1.03 crore in FY23
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₹1.28 crore in FY24
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To ₹3.14 crore in FY25
Risks of Stanbik Agro
1. No Long-Term Supplier Agreements
The company does not maintain long-term contracts, leading to uncertainties in raw material procurement and pricing.
2. Seasonal Nature of Business
Demand and supply are highly influenced by seasonal variations, agricultural yield, and weather patterns.
3. Credit Risk from Customers
A large portion of revenue comes from credit-based sales, increasing chances of default and affecting liquidity.
4. Competitive Market
The fruits & vegetables space is highly competitive, with large corporates and organised retailers possessing stronger supply chains and better pricing power.
5. Negative Cash Flows
The company recorded negative cash flow from operating activities:
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₹1.78 crore negative in FY25
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₹3.12 crore negative in FY24
This may affect financial stability.
6. Legal Proceedings
The firm and its promoters are involved in ongoing legal matters, which may impact business prospects.
7. No Long-Term Customer Contracts
Customers may switch suppliers easily, creating unpredictability in revenue.
8. Product Liability Risks
Perishable nature of goods could lead to damage, rejection, or customer claims, impacting reputation.
9. High Employee Attrition
Attrition rate:
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40% in FY23
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133% in FY24
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132% in FY25
Such instability may adversely affect the company’s operations.
10. Limited Operating History
The company started in 2023, making long-term performance assessment difficult.
Stanbik Agro IPO Financials
Revenue (₹ in Crores)
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FY23: ~18.9
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FY24: ~28.7
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FY25: ~50.4
Profit (₹ in Crores)
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FY23: ~1.0
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FY24: ~1.28
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FY25: ~3.14
Key Takeaway
The company has shown strong profitability growth, especially in FY25, but carries risks such as high attrition and negative cash flows.
Application Details of Stanbik Agro IPO
| Category | Details |
|---|---|
| Investors Allowed | Only Individual Investors |
| Price Band | ₹30 – ₹30 |
| Application Amount Range | ₹2 – 5 lakh |
| Lot Size | 2000 shares |
Top Stanbik Agro IPO FAQs
1. What is the issue size of Stanbik Agro IPO?
The issue size of Stanbik Agro Ltd IPO is ₹12.28 crore.
2. What is “pre-apply” for the IPO?
Pre-apply allows investors to submit applications 4 days before the subscription opens.
3. When will my order get placed?
Your order will be placed on the exchange as soon as bidding begins. You will receive a UPI request within 24 hours of IPO opening.
4. How will I know if my Stanbik Agro IPO order is placed?
You will be notified when the order is successfully submitted by the exchange.
5. What are the open and close dates for Stanbik Agro IPO?
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Opens: 12 December 2025
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Closes: 16 December 2025
6. What is the lot size and minimum investment?
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Lot Size: 2000 shares
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Minimum Investment: ₹1,20,000
7. What is the allotment date?
Tentative allotment date is 17 December 2025.
8. Who is the registrar for the IPO?
The registrar is Purva Sharegistry (India) Pvt Ltd.
9. Where will Stanbik Agro IPO be listed?
The IPO will be listed on BSE SME.
Final Thoughts
Stanbik Agro has showcased impressive revenue and profit growth over the past three financial years. Its strengths include strong sourcing capabilities, diversified customer base, quality control, and growing profitability.
However, investors must also consider risks such as:
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negative operating cash flows,
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lack of long-term contracts,
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seasonal dependency,
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competitive industry pressures, and
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high employee attrition.
This IPO may appeal to investors looking for high-growth SME opportunities, but one must evaluate both potential and associated risks before investing.
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