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IPO Synopsis

M.V.K. Agro Food Product Ltd
  • Registered Office: GUT No 44 & 46 Kusumnagar,At Post Waghalwada Umari, Nanded - 431807, Maharashtra, India.
  • Phone : +91 862 309 4480   Fax:
  • Email : info@mvkagrofood.com
  • Website :www.mvkagrofood.com
Public issue of up to 54,90,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 120/- per equity share (including a securities premium of Rs. 110/- per equity share) (the "Issue Price"), aggregating upto Rs. 65.88 crores ("Issue"). Out of the issue, 2,74,800 equity shares aggregating to Rs. 3.30 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 52,15,200 equity shares of face value of Rs. 10 each at an issue price of Rs. 120/- per equity share aggregating to Rs. 62.58 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 35.44% and 33.67%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 12 times of the face value.
Issue
Opens On Closes On
29-Feb-24 04-Mar-24
Money Payable On
Application Allotment
120.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 58.25 Horizon Management Pvt Ltd
Project Financed through Current Offer (.Cr) 65.88  
Post Issue Equity Share Capital (.Cr) 15.49
Issue Price () 120.00
Projects
Setting up a greenfield unit in Nanded Maharashtra for Mfg Ethanol & Generation and Bottling of Bio CNG and Fertilizer
General Corporate Purposes
Promoted By
Marotrao Vyankatrao Kawale
Ganeshrao Vyankatrao Kawale
Kishanrao Vyankatrao Kawale
Listing At
NSE - SME
Registrar to the Issue
No Data Available
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