The company's primary operations involve trading various products such as seeds and agricultural produce, notably including Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. Additionally, it participates in contract manufacturing for agricultural products like Cucumber, Onion, and Castor. City Crops Agro Ltd operates an integrated online platform offering a range of products including cereals, oil seeds, pulses, and vegetables.
In its trading activities, the company procures agricultural products from manufacturers through advance payments and labeling. These products are then distributed to a network of distributors. Leveraging its extensive market presence, City Crops Agro Ltd has established robust relationships with farmers and wholesale/retail communities over the years.
Regarding contract manufacturing, the company leases agricultural land to cultivate Cucumber, Onion, and Castor, thereby ensuring control over the entire production process and securing competitive rates for agricultural produce. A portion of the yield is shared with farmers working on a contractual basis, contributing to the local farming community. Currently, the company operates on approximately 47.31 acres of agricultural land. It initiated its operations and ventured into trading Agrochemicals, Seeds, and allied items in 2021.
City Crops Agro Ltd aims to offer an Initial Public Offering (IPO) comprising 60,00,000 Equity Shares totaling Rs. 15 crore through a fresh issue.