M.V.K. Agro Food Product Ltd IPO
Price Range
₹120
-
Min. Quantity
1,200 Shares
Closes on
4 March 2024
-
Min. investment
₹1,44,000
M.V.K. Agro Food Product Ltd IPO Timeline
| Event | Date |
|---|---|
| M.V.K. Agro Food Product Ltd IPO Opening Date | 29 February 2024 |
| M.V.K. Agro Food Product Ltd IPO Closing Date | 4 March 2024 |
| Basis of Allotment | 5 March 2024 |
| Initiation of Refunds | 6 March 2024 |
| Credit of Shares to Demat | 6 March 2024 |
| M.V.K. Agro Food Product Ltd IPO Listing Date | 7 March 2024 |
M.V.K. Agro Food Product Ltd IPO Details
| M.V.K. Agro Food Product Ltd IPO Date | 29 February 2024 to 4 March 2024 |
| M.V.K. Agro Food Product Ltd IPO Face Value | ₹10 per share |
| M.V.K. Agro Food Product Ltd IPO Price | ₹120 to ₹0 per share |
| M.V.K. Agro Food Product Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹65.88 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹65.88 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Marotrao Vyankatrao Kawale, Ganeshrao Vyankatrao Kawale, Kishanrao Vyankatrao Kawale |
M.V.K. Agro Food Product Ltd IPO Lot Size
The M.V.K. Agro Food Product Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,44,000 |
| Maximum | 1 | 1,200 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Wide range of products.
- Integrated operations and economies of scale.
- Strategic location of its manufacturing unit.
- Cordial and strong relationships with sugarcane farmers.
- Captive Power plant.
- Existing client relationships.
- Quality Assurance and Quality Control of our products.
- Well experienced management team with proven project management and implementation skills.
Company Financials
M.V.K. Agro Food Product Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 261.4 | 137.39 | 7.72 |
| 03-2024 | 270.92 | 125.13 | 7.16 |
| 03-2023 | 154.72 | 93.94 | 3.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Setting up a greenfield unit in Nanded Maharashtra for Mfg Ethanol & Generation and Bottling of Bio CNG and Fertilizer
- General Corporate Purposes
M.V.K. Agro Food Product Ltd IPO Promoter Holding
| Pre Issue Share Holding | 83.88% |
| Post Issue Share Holding | 54.15% |
M.V.K. Agro Food Product Ltd IPO Subscription Status (Bidding Detail)
The M.V.K. Agro Food Product Ltd IPO is subscribed 8.1386 times on 4 March 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 8.1386 |
M.V.K. Agro Food Product Ltd IPO Prospectus
M.V.K. Agro Food Product Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0SGC01015 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
GUT No 44 & 46 KusumnagarAt Post Waghalwada Umari,Nanded-431807
Phone: +91 862 309 4480
Email: info@mvkagrofood.com
Website: www.mvkagrofood.com
M.V.K. Agro Food Product Ltd IPO Registrar
M.V.K. Agro Food Product Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd
How to Check the Allotment Status of M.V.K. Agro Food Product Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “M.V.K. Agro Food Product Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About M.V.K. Agro Food Product Ltd IPO
M.V.K. Agro Food Product Limited was incorporated on February 2, 2018 as public limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Registrar of Companies, Central Registration Centre. The Company came up with a public issue of 54,90,000 equity shares having the face value of Rs 10 each by raising Rs 65.88 Crores in March, 2024. At present the licensed manufacturing capacity of various products are Sugar 2500TCD, Molasses 120TPD, Bagasse 750 TPD, Pressmud 90 TPD.
FAQ
What is the issue size of M.V.K. Agro Food Product Ltd IPO?
I have pre-applied for M.V.K. Agro Food Product Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.