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M.V.K.Agro Food Product Ltd

M.V.K.Agro Food Product Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹120
₹120
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹120
Based on GMP
Min. Investment
₹144,000
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
29 Feb 2024
Close Date
04 Mar 2024
Allotment
05 Mar 2024
Listing Date
07 Mar 2024
Exchange
NSE SME
Price Band
₹120
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹120
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
54,90,000 shares (aggregating up to ₹65.88 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
1,00,00,000 shares
Promoters
Post-IPO Holding
1,54,90,000 shares
Promoters
P/E (Pre)
31.79x
 
P/E (Post)
21.61x
 
EPS (Pre)
₹3.77
 
EPS (Post)
₹5.55
 
UPI Deadline
2024-03-04
Mandate
Anchor AllotmentWed, 28 Feb 2024
Basis of AllotmentTue, 05 Mar 2024
Refund InitiationWed, 06 Mar 2024
Demat CreditWed, 06 Mar 2024
Listing DayThu, 07 Mar 2024
UPI Mandate Deadline2024-03-04
Sale TypeFresh Capital
Net Offer to Public52,15,200 shares (aggregating up to ₹62.58 Cr)
Market Maker Quota2,74,800 shares (aggregating up to ₹3.30 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
M.V.K.Agro Food Product Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Mar 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
274,800
 — ₹3.30
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
5,490,000
 100% ₹65.88
IPO Shares Offered
M.V.K.Agro Food Product Ltd IPO total issue size: ₹65.88 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 274,800 ₹3.30
5.01%
Total 5,490,000 ₹65.88
100.00%
* Based on upper price band ₹120 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹120.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹288,000
Retail (Max — 13 Lots)1315,600₹1,872,000
S-HNI (Min — 14 Lots)1416,800₹2,016,000
B-HNI (Min — 68 Lots)6881,600₹9,792,000
* Issue Price ₹120 × Lot Size 1,200 shares
IPO Schedule
Anchor
28 Feb 2024
✓ Done
IPO Open
29 Feb 2024
✓ Done
IPO Close
04 Mar 2024
✓ Done
Allotment
05 Mar 2024
✓ Done
Refunds
06 Mar 2024
✓ Done
Demat Credit
06 Mar 2024
✓ Done
Listing Day
07 Mar 2024
✓ Done
M.V.K.Agro Food Product Ltd — Live Price LIVE
₹120.00
INR · NSE
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Issue ₹120.00 Live Price
About M.V.K.Agro Food Product Ltd
Incorporated in February 2018, MVK Agro Food Product Limited is a manufacturer of integrated sugar and other related products. The company has a licensed crushing capacity of 2,500 TCD and sells its by-products, Molasses, Bagasse, and Pressmud. The company sells its products through brokers who, in turn, sell to export houses such as PepsiCo Holdings India Private Limited, Parle Biscuits Private Limited and Britannia Industries Limited. In addition to selling its products to brokers, the company also supplies commodities to export-oriented traders like Sakuma Exports Limited, Indian Sugar Exim Corporation, Garden Court, and HRMM Agro Overseas Private Limited.The company operates a zero-waste manufacturing facility. Waste generated is either sold or used to generate power.The revenues from operations for the six months ended September 30, 2023, and the fiscal years 2023, 2022, and 2021 were ₹6,012.52 lakhs, ₹9,327.65 lakhs, ₹13,067.11 lakhs, and ₹2,283.40 lakhs, respectively.The company's manufacturing facility is located in Nanded District, Maharashtra.As of September 2023, the company has 160 employees across various departments.
Objects of the Issue
1
Setting up a greenfield unit in Nanded, Maharashtra for (i) manufacturing Ethanol and (ii) generation and bottling of Bio-CNG and Fertilizer.
2
General corporate purposes.
M.V.K.Agro Food Product Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹13,263.6
31 Mar 2022
₹9,393.6
31 Mar 2023
₹6,044.4
30 Sep 2023
Profit After Tax (PAT)
₹319.8
31 Mar 2022
₹377.5
31 Mar 2023
₹430.1
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 6044.36 9393.63 13263.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 430.07 377.45 319.81
Net Worth 1767.74 1337.67 960.22
Total Assets 14804.05 15471.93 11602.06
Reserves & Surplus 1267.74 837.67 460.22
Borrowings 6281.23 9156.10 6001.32
EBITDA Margin (%) N/A — —
PAT Margin (%) 4.02% — —
P/BV Ratio
4.49
RoE
32.85%
RoCE
13.44%
RoNW
32.85%
PAT Margin
4.02%
Debt/Equity
6.84
Issue Structure & Shareholding
Total Shares Offered54,90,000 (100.00%)
Net Offer to Public52,15,200 shares (aggregating up to ₹62.58 Cr)
Reserved for Market Maker2,74,800 shares (aggregating up to ₹3.30 Cr)
Pre-Issue Promoter Holding1,00,00,000 shares
Post-Issue Promoter Holding1,54,90,000 shares
P/BV Ratio4.49
RoE32.85%
RoCE13.44%
Debt / Equity6.84
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Horizon Management Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much M.V.K.Agro Food Product Ltd IPO subscribed? ▲

M.V.K.Agro Food Product Ltd IPO is subscribed 1.00 times by Mar 04, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is M.V.K.Agro Food Product Ltd IPO retail subscription status? ▼

The M.V.K.Agro Food Product Ltd IPO retail category is subscribed 1.00 times as of 04 Mar 2024. The retail portion is oversubscribed.

How to subscribe M.V.K.Agro Food Product Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Feb 2024 and closes 04 Mar 2024. Min investment: ₹144,000 (1 lot = 1,200 shares). UPI mandate: 2024-03-04.

How many times M.V.K.Agro Food Product Ltd IPO subscribed? ▼

The M.V.K.Agro Food Product Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check M.V.K.Agro Food Product Ltd IPO allotment? ▼

Check allotment on the registrar website (MAS Services Ltd) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Mar 2024. Refunds: on 06 Mar 2024.

When M.V.K.Agro Food Product Ltd IPO will be listed? ▼

The M.V.K.Agro Food Product Ltd IPO listing date is 07 Mar 2024, Thursday. Listed on: NSE SME. Issue price: ₹120. Estimated listing: ₹120. GMP: NIL.

When M.V.K.Agro Food Product Ltd IPO close? ▼

The M.V.K.Agro Food Product Ltd IPO closes on 04 Mar 2024, Monday. UPI mandate: 2024-03-04. Allotment: 05 Mar 2024. Listing: 07 Mar 2024.

Quick Actions
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Live Price LIVE
Last Price₹120.00
Change—
Issue Price₹120.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹120
Face Value₹10
Lot Size1,200 Sh
Min. Amount₹144,000
GMPNIL
Est. Listing₹120
Subscribed1.00x
Open Date29 Feb 2024
Close Date04 Mar 2024
Allotment05 Mar 2024
Listing Date07 Mar 2024
ExchangeNSE SME
UPI Deadline2024-03-04