M.V.K. Agro Food Product Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 28-02-2024 | 03-02-2024 | ₹10 per share | 0 | 1200 Shares | NSE SME | N/A | 2024-02-04 18:30:00 | 2024-02-05 18:30:00 | 2024-02-05 18:30:00 | 06-02-2024 |
About The Company
M.V.K. Agro Food IPO is a fixed price issue of Rs 65.88 crores. The issue is entirely a fresh issue of 54.9 lakh shares.
M.V.K. Agro Food IPO opens for subscription on February 29, 2024 and closes on March 4, 2024. The allotment for the M.V.K. Agro Food IPO is expected to be finalized on Tuesday, March 5, 2024. M.V.K. Agro Food IPO will list on NSE SME with tentative listing date fixed as Thursday, March 7, 2024.
M.V.K. Agro Food IPO price is ₹120 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹288,000.
Horizon Management Private Limited is the book running lead manager of the M.V.K. Agro Food IPO, while Mas Services Limited is the registrar for the issue. The market maker for M.V.K. Agro Food IPO is Nikunj Stock Brokers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-06-2023 | 15472 | 9394 | 377 | 1337.67 | 837.67 | 9156.1 |
| 30-06-2022 | 11602 | 13264 | 320 | 960.22 | 460.22 | 6001.32 |
| 30-06-2021 | 11446 | 2583 | 140 | 640.41 | 140.41 | 7496.33 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyers* | 0.34 |
| Retail Investors | 0.48 |
| Total | 0.41 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 144000 |
| Retail (Max) | 1 | 1200 | 144000 |
| HNI (Min) | 2 | 1200 | 288000 |
IPO Listing Details
| Listing Date | 06-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Vyankatrao Kawale, Sagarbai Marotrao Kawale, Ganeshrao Vyankatrao Kawale, Kishanrao Vyankatarao Kawale and Sandip Marotrao Kawale
Contact Information of the Company
M.V.K. Agro Food Product Ltd
GUT No. 44 and 46
Kusumnagar, At Post
Waghalwada, Umari, Nanded – 431 807
Phone: +91 862 309 4480
Email: info@mvkagrofood.com
Website: https://mvkagrofood.com/
IPO Registrar
Mas Services Limited
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp
IPO Lead Manager
Horizon Management Private Limited