IPO

MRP Agro Limited IPO

BSE SME

Listed On: Feb 17, 2021 at ₹ 39.8

₹ 120000 /3000 Shares

Check Allotment
IPO Details

08 Feb, 2021

Open Date

10 Feb, 2021

Close Date

15 Feb, 2021

Allotment Date

17 Feb, 2021

Listing Date

Issue Price

40/- Per Equity Share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

39.8

Listing Date

2021-02-17

Market Lot

3000 Shares (₹1,20,000/-)

Lead Manager

Beeline Broking Ltd

Issue Size

810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr)

Retail Portion

N/A

Subscription

3.42 times

IPO Docs

DRHP RHP

IPO Details


MRP Agro Limited IPO is an SME IPO, priced at 40/- Per Equity Share . The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Feb 8, 2021 to Feb 10, 2021. The allotment is expected to be finalized on Feb 15, 2021, and the tentative listing date is Feb 17, 2021.


Beeline Broking Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved3,81,0003,81,0007,62,000
Day 1 - 08-02-21 05:00 PM0.03 x0.46 x0.24 x
Day 2 - 09-02-21 05:00 PM2.13 x1.95 x1.92 x
Day 3 - 10-02-21 05:00 PM2.66 x4.17 x3.42 x

Valuations

Earnings Per Share (EPS)

₹0.63/-

P/E Ratio

63.05

RoNW

18.27%

Net Asset Value (NAV) - Post Issue

₹24.22/-

Company Financials All values are in ₹ Cr.

30-Sept-2031-Mar-2031-Mar-19
Assets4.302.182.61
Revenue8.5736.3418.73
Profit After Tax0.140.180.11

About The Company

Incorporated in 2018, MRP Agro Limited is primarily engaged in trading and import and export of food grains, fly-ash, and coal products. The business follows B2B (Business to Business) Model, in which, it purchases products from the domestic market in bulk through auctions and sells it to wholesalers.

MRP Agro has a local mandi license to purchase food grains from the local market of Tikamgarh, Madhya Pradesh, and also a registered dealer with the Department of Mines & Geology, Government of Jharkhand to buy coal. The company has built a strong trading network in rural and urban areas and maintains the product quality standard through an in-house Quality Inspection Department.

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- Promoter(s)

Pre Issue Share Holding: 55.82%

Post Issue Share Holding: N/A%

Company Promoter(s)
  1. Mr. Manish Kumar Jain
  2. Mrs. Raksha Jain
  3. Manish Kumar Jain HUF

IPO - Issue Objectives

  1. To meet working capital requirements.
  2. To meet general corporate purposes.
  3. To meet the issue expenditures.

IPO - FAQs

Ans. MRP Agro Limited IPO is a SME IPO. The issue is priced at 40/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Feb 8, 2021, and closes on Feb 10, 2021. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The MRP Agro Limited IPO opens on Feb 8, 2021 and closes on Feb 10, 2021.

Ans. The size of MRP Agro Limited IPO is 810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr).

Ans. The IPO price band is set between 40/- Per Equity Share .

Ans. To apply for MRP Agro Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find MRP Agro Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of MRP Agro Limited IPO is Feb 15, 2021.

Ans. The MRP Agro Limited IPO will be listed on Feb 17, 2021.

Ans. Follow the steps to check the allotment status for MRP Agro Limited IPO here.