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MVKAGROSME / NSEListed
M.V.K. Agro Food Product

M.V.K. Agro Food Product Limited, incorporated on February 2, 2018, is a public limited company specializing in integrated sugar and allied products manufacturing. Based in Nanded District, Maharashtra, the company operates a single-location sugar unit with a licensed crushing capacity of 2,500 Tons Cane per Day (TCD) and commercializes by-products such as Molasses (120 TPD), Bagasse (750 TPD), and Pressmud (90 TPD). Since commencing sugar manufacturing operations in 2020, M.V.K. Agro has implemented backward integration to enhance the commercial viability of its by-products and waste products, including co-generation capabilities for power generation. Through strategic expansion and increasing production capacities, the company has positioned itself as a key player in the sugar and allied products industry, demonstrating a strong commitment to growth and diversification.

DRHP
₹120 - ₹1208.51x sub
Listed Price₹79.00
Listing Gain-34.17%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open29 Feb 2024
Close04 Mar 2024
Allotment05 Mar 2024
Listing07 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail26,07,600 shares
47.5%
Nii(hni)26,07,600 shares
47.5%
Market Maker2,74,800 shares
5.01%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,44,000
HNI2 Lots (2,400 shares)
₹2,88,000

Company Promoters

Marotrao Vyankatrao KawaleSagarbai Marotrao KawaleGaneshrao Vyankatrao KawaleKishanrao Vyankatarao KawaleSandip Marotrao Kawale

Company Background

M.V.K. Agro Food Product Limited, incorporated on February 2, 2018, is a public limited company specializing in integrated sugar and allied products manufacturing. Based in Nanded District, Maharashtra, the company operates a single-location sugar unit with a licensed crushing capacity of 2,500 Tons Cane per Day (TCD) and commercializes by-products such as M...

Lead Managers & Bankers

Horizon Management Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹6044.36 Cr
Growth+134.0%
Revenue Trend (₹ in Crores)
0.05.1k10.2k15.3kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-236,044.36430.0714,804.05 6,281.23
Mar-239,393.63377.4515,471.939,156.10
Mar-2213,263.56319.8111,602.066,001.32
Mar-212,583.10140.4111,445.707,496.33

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20233.7732.85%13.44%4.4931.79
20223.2039.96%14.49%00
20211.6743.85%5.98%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Mas Services Limited

Allotment Finalized
Allotment Date
05 Mar 2024
Official Status
Out / Finalized
Registrar
Mas Services Limited
Listing Date
07 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Mas Services Limited

Direct allotment verification on the official registrar portal appointed for M.V.K. Agro Food Product. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Mar 2024Trading commences on exchange

How to Check M.V.K. Agro Food Product Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select M.V.K. Agro Food Product from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About M.V.K. Agro Food Product IPO

Complete issue overview for M.V.K. Agro Food Product (MVKAGRO) IPO. The issue features an equity share price band of ₹120 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions