58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

M.V.K. Agro Food Product Ltd IPO (M.V.K. Agro Food Product Ltd IPO) Detail

M.V.K. Agro Food Product Ltd IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Nanded and caters to Agro - Food Products sector. Horizon Management Private is the merchant banker of M.V.K. Agro Food Product Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2023.

M.V.K. Agro Food Product Ltd IPO open date is 29th February 2024 and close date is 4th March 2024. IPO Allotment Date is 5th March 2024 and Listing date is 7th March 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹65.88 Cr. Avg IPO Size (Sector Based) : ₹ 20.68 cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Horizon Management SME IPO by BRLM so far: 47
  • City: Nanded SME IPO so far: 1
  • Revenue (annualised): ₹ 120.88 cr
            (annualised): ₹ 8.60 cr
  • PE Ratio: 21.61x Average Sector PE Ratio: 19.17x

M.V.K. Agro Food Product Ltd IPO Date

Date of DRHP:
30th December 2023
IPO Allotment Date:
5th March 2024
IPO Open Date:
29th February 2024
Initiation of Refund:
6th March 2024
IPO Closing Date:
4th March 2024
IPO Listing Date:
7th March 2024

M.V.K. Agro IPO Info, Size, Subscription

M.V.K. Agro Food Product Ltd IPO size is Rs 65.88 Cr. crores with IPO price of Rs 120.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 65.88 Cr.

Issue Price:
₹ 120.00

Market Capitalisation :
₹ 185.88 Cr.

PE multiple :
21.61

Subscription :
8.46 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
64.56%

M.V.K. Agro Food Product Ltd IPO Information

Sub Sector : sugar production
M.V.K. Agro Food Product is an integrated sugar and other allied products manufacturing company operating from Nanded District in the State of Maharashtra. They operate a single location sugar unit having licensed crushing capacity of 2,500 TCD. In addition to sugar they also commercialise and sell their by-products and waste products, namely, Molasses, Bagasse and Pressmud. They are also engaged in the generation of Power for captive consumption. Their business can hence be broken up into two segments, namely Sugar and its by-products/waste products. In the year 2020, they commenced operations of manufacturing of Sugar. In the year 2020, the Company implemented backward integration and began commercial operations of the by-products and waste products of Sugar along with Co-Generation capabilities. The Company has in the
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Object of Issue (M.V.K. Agro IPO Objectives)

  • Setting up a greenfield unit in Nanded, Maharashtra for:
  • manufacturing Ethanol
  • generation and bottling of Bio-CNG and Fertilizer
  • General Corporate Purposes

Horizon Management Private Limited is the book-running lead manager of the M.V.K. Agro Food Product Ltd IPO. Mas Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for M.V.K. Agro Food Product Ltd IPO.

M.V.K. Agro IPO Market Maker

Nikunj Stock Brokers Limited

M.V.K. Agro IPO Registrar (RTA)

Mas Services Limited

M.V.K. Agro IPO Lead Manager (BRLM)

Horizon Management Private Limited

M.V.K. Agro Food Product Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is M.V.K. Agro Food Product Ltd IPO?

M.V.K. Agro Food Product Ltd IPO, based in Nanded, operates in the   Agro - Food Products sector with a focus on sugar production. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. M.V.K. Agro Food Product Ltd IPO size is ₹ 65.88 Cr. Crores with fresh issue size of Rs 65.88 Cr. Crores and Offer for sale being Nil.

When is M.V.K. Agro IPO allotment?

The IPO allotment date for M.V.K. Agro Food Product Ltd IPO is expected to be 5th March 2024, after the finalization of basis of allotment. Investors can check M.V.K. Agro Food Product Ltd IPO allotment status on the registrars website, Mas Services Limited. M.V.K. Agro Food Product Ltd IPO refund dates are 6th March 2024.

When is M.V.K. Agro Food Product Ltd IPO listing date?

M.V.K. Agro Food Product Ltd IPO is expected to be listed on 7th March 2024.

What is the price band for M.V.K. Agro IPO?

The upper price band for the M.V.K. Agro Food Product Ltd IPO is set at ₹ 120.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is M.V.K. Agro Food Product Ltd IPO Review?

For IPO analysis on M.V.K. Agro Food Product Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for M.V.K. Agro Food Product Ltd IPO?

To apply for the M.V.K. Agro Food Product Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th March 2024. After submission, funds are blocked until the basis of allotment of M.V.K. Agro Food Product Ltd IPO is finalised.

Who is the merchant banker of M.V.K. Agro IPO?

The merchant banker for M.V.K. Agro Food Product Ltd IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the M.V.K. Agro Food Product Ltd IPO RHP for further details.

Who is the Registrar of M.V.K. Agro Food Product Ltd IPO?

The registrar for M.V.K. Agro Food Product Ltd IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to M.V.K. Agro Food Product Ltd IPO through their official website or helpline.

What is the M.V.K. Agro Food Product Ltd IPO subscription?

M.V.K. Agro Food Product Ltd IPO was subscribed 8.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

Peer Companies Of This Sector

FAQs

M.V.K. Agro Food Product Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on M.V.K. Agro Food Product Ltd Financial Review Page

M.V.K. Agro Food Product Ltd IPO subscription was 8.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

M.V.K. Agro Food Product Ltd IPO listed at a listing price of 82.95 against the offer price of 120.00.

The current market price of M.V.K. Agro Food Product Ltd is 50.50.

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