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M.V.K. Agro Food Product Limited

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.

₹120 - ₹1208.51x sub
Listed Price79.00
Listing Gain-34.17%
TimelineFixed Price Issue IPO
Open29 Feb 2024
Close04 Mar 2024
Allotment05 Mar 2024
Listing07 Mar 2024

Quota Reservation Portions

RetailPortion: 26,07,600 shares
47.5%
Nii(hni)Portion: 26,07,600 shares
47.5%
Market MakerPortion: 2,74,800 shares
5.01%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,44,000
HNI2 lots / 2,400 shares
₹2,88,000

About the Company

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.

Company Promoters

Marotrao Vyankatrao KawaleSagarbai Marotrao KawaleGaneshrao Vyankatrao KawaleKishanrao Vyankatarao KawaleSandip Marotrao Kawale