Mumbai, Dec. 19 -- The scrip was listed at Rs 31.75, a 5.83% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 33.33 and a low of Rs 31.75. About 11.12 lakh shares of the company changed hands at the counter.

Stanbik Agro's IPO was subscribed 2.42 times. The issue opened for bidding on 12 December 2025 and it closed on 16 December 2025. The IPO price was fixed at Rs 30 per share.

The IPO comprised a fresh issue of 40,92,000 equity shares. The promoter and promoter shareholding diluted to 68.54% from 98.92% pre-IPO.

The company intends to utilize the net proceeds for expansion of retail network by launching new retail outlets, bro...