Thursday, May 16, 2024

M.V.K. Agro Food IPO Date, Review, Price, Allotment Details

M.V.Ok. Agro Food is an built-in sugar and different allied merchandise production corporate running from Nanded District within the State of Maharashtra. They perform a single-location sugar unit having an authorized crushing capability of two,500 TCD. In addition to sugar, additionally they commercialize and promote their by-products and waste merchandise, specifically, Molasses, Bagasse, and Pressmud. They also are engaged within the technology of Potheyr for captive intake. Their industry can therefore be damaged up into two segments, specifically Sugar and its by-products/waste merchandise. In the yr 2020, they commenced operations of producing of Sugar. In the yr 2020, the Company carried out backward integration and started industrial operations of the by-products and waste merchandise of Sugar together with Co-Generation functions. The Company has within the Fiscal 2023, finished 3 crushing seasons, i.e., 2020-21, 2021-22, and 2022-23. Over the years, they’ve expanded the manufacturing/production capacities of all their merchandise.

The Company proposes to additional diversify its product portfolio by way of putting in a greenfield unit for production Ethanol and Bio-CNG and fertilizers. Ethanol is produced after fermentation and distillation of Molasses and may also be additional purified into Fuel Ethanol, by way of taking out the water content material. They intend to create an extra earnings circulation the use of backward integration in their waste subject material, i.e., Molasses for production Ethanol and advertising and marketing and promoting the similar for business utilization. Further, within the mentioned greenfield unit, they suggest to arrange a separate bio CNG bottling and fertilizer plant for biogas technology and bottling. The spinoff generated from the producing of biogas is basically used as a fertilizer, due to this fact their Company proposes to marketplace and promote such by-products as a fertilizer to 3rd events. They suggest to generate bio-gas by way of processing Bagasse and Pressmud additional advertising and marketing and promoting the similar for business utilization. Accordingly, the Company proposes to make use of an quantity of ₹ 3,488.17 lakhs and ₹ 1,750.00 lakhs from the Net Proceeds of this Issue against putting in the aforementioned production unit for Ethanol and Bio-CNG and Fertilizer, respectively, and increasing their product portfolio.

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Objects of the Issue:

  • Setting up a greenfield unit in Nanded, Maharashtra for (i) production Ethanol and (ii) technology and bottling of Bio-CNG and Fertilizer.
  • General company functions.

M.V.Ok. Agro Food IPO Review

M.V.Ok. Agro Food IPO Date & Price Band Details

IPO Open: February 29, 2024
IPO Close: March 4, 2024
IPO Size: Approx ₹65.88 Crores, 5,490,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹120 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the web be offering
QIB Quota: [.]% of the web be offering
NII Quota: 50% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

M.V.Ok. Agro Food IPO Market Lot

The M.V.Ok. Agro Food IPO minimal marketplace lot is 1200 stocks with a ₹144,000 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹144,000
Retail Maximum 1 1200 ₹144,000
S-HNI Minimum 2 2400 ₹288,000

M.V.Ok. Agro Food IPO Dates

The M.V.Ok. Agro Food IPO date is February 29 and the IPO shut date is March 4. The IPO allotment date is March 5 and the IPO would possibly record on March 7.

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IPO Open Date: February 29, 2024
IPO Close Date: March 4, 2024
Basis of Allotment: March 5, 2024
Refunds: March 6, 2024
Credit to Demat Account: March 6, 2024
IPO Listing Date: March 7, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

M.V.Ok. Agro Food IPO Form

How to use M.V.Ok. Agro Food IPO? You can practice M.V.Ok. Agro Food IPO by way of ASBA to be had for your checking account. Just pass to the net financial institution login and practice by way of your checking account by way of settling on the M.V.Ok. Agro Food IPO within the Invest segment. The different possibility you’ll be able to practice M.V.Ok. Agro Food IPO by way of IPO paperwork obtain by way of the NSE website online. Check out the M.V.Ok. Agro Food paperwork – click on NSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.

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M.V.Ok. Agro Food Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹25.83 ₹23.98 ₹1.39
2022 ₹132.64 ₹128.46 ₹3.21
2023 ₹93.94 ₹89.02 ₹3.77
2023 6M ₹60.44 ₹54.77 ₹4.30

M.V.Ok. Agro Food IPO Valuation – FY2023

Check M.V.Ok. Agro Food IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹3.77 in keeping with Equity Share
Price/Earning P/E Ratio: 31.83*
Return on Net Worth (RoNW): 32.85%
Net Asset Value (NAV): ₹35.35 in keeping with Equity Share

Peer Group

  • Ugar Sugar Works Ltd.
  • Dwarikesh Sugar Industries Ltd.
  • Balrampur Chini Mills Ltd.
  • Dhampur Sugar Mill Ltd.
  • Marotrao Vyankatrao Kawale
  • Sagarbai Marotrao Kawale
  • Ganeshrao Vyankatrao Kawale
  • Kishanrao Vyankatarao Kawale
  • Sandip Marotrao Kawale

M.V.Ok. Agro Food IPO Registrar

Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/decide.asp

M.V.Ok. Agro Food IPO Allotment Status

Check M.V.Ok. Agro Food IPO allotment standing on Mas Services website online URL. Click Here

M.V.Ok. Agro Food IPO Lead Managers aka Merchant Bankers

  • Horizon Management Private Limited

Company Address

M.V.Ok. Agro Food Product Ltd
GUT No. 44 and 46
Kusumnagar, At Post
Waghalwada, Umari, Nanded – 431 807
Phone: +91 862 309 4480
Email: [email protected]
Website: https://mvkagrofood.com/

M.V.Ok. Agro Food IPO FAQs

What is M.V.Ok. Agro Food IPO?

M.V.Ok. Agro Food IPO is an NSE SME IPO. They are going to carry ₹65.88 Crores by way of IPO. The factor is priced at ₹120 in keeping with fairness proportion. The IPO is to be indexed on NSE.

When M.V.Ok. Agro Food IPO will open?

The IPO is to open on February 29, 2024 for NII, and Retail Investors.

What is M.V.Ok. Agro Food IPO Investors Portion?

The traders’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the M.V.Ok. Agro Food IPO?

You can practice M.V.Ok. Agro Food IPO by way of ASBA on-line by way of your checking account. You too can practice for ASBA on-line by way of UPI via your inventory agents. You too can practice by way of your inventory agents by way of filling up the offline shape.

How to Apply the M.V.Ok. Agro Food IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “M.V.K. Agro Food”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the M.V.Ok. Agro Food IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “M.V.K. Agro Food”. Click on Bid Button. Confirm your utility. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the M.V.Ok. Agro Food IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “M.V.K. Agro Food”. Click on Bid Button. Confirm your utility. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is M.V.Ok. Agro Food IPO Size?

M.V.Ok. Agro Food IPO measurement is ₹65.88 crores.

What is M.V.Ok. Agro Food IPO Price Band?

M.V.Ok. Agro Food IPO Price Band is ₹120 in keeping with fairness proportion.

What is M.V.Ok. Agro Food IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹144,000.

What is M.V.Ok. Agro Food IPO Allotment Date?

M.V.Ok. Agro Food IPO allotment date is March 5, 2024.

What is M.V.Ok. Agro Food IPO Listing Date?

M.V.Ok. Agro Food IPO record date is March 7, 2024. The IPO to record on NSE SME.

Note: The M.V.Ok. Agro Food IPO main points are introduced formally. The IPO gray marketplace top class (M.V.K. Agro Food IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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