Stanbik Agro Ltd has set the price of its initial public offering at Rs 30 per share, with the issue opening for public subscription on December 12 and closing on December 16, 2025. The Ahmedabad-based company, which operates in contract farming and the supply of agricultural commodities, aims to raise Rs 12.28 crore through the offer.

The IPO consists of a fresh issue of about 40.92 lakh equity shares with a face value of Rs 10 each. Post-issue, the company’s shares will be listed on the BSE SME platform.

Funds raised will be used to launch new retail outlets, expand the company’s operational network, meet working capital needs, and support general corporate purposes.

In the previous financial year, Stanbik Agro reported revenue from operations of Rs 52.48 crore and a net profit of Rs 3.73 crore. For the half year ending September 30, 2025, it posted revenue of Rs 35.54 crore and a net profit of Rs 2.22 crore.

Grow House Wealth Management Pvt Ltd is the book-running lead manager for the issue.