MRP Agro Limited IPO
BSE SMEListed On: Feb 17, 2021 at ₹ 39.8
₹ 240000 /6000 Shares
*Min Investment
08 Feb, 2021
Open Date10 Feb, 2021
Close Date15 Feb, 2021
Allotment Date17 Feb, 2021
Listing DateIPO Issue Details
- Issue Price 40/- Per Equity Share
- Face Value ₹10 Per Equity Share
- Issue Price 810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr)
- Listing at BSE SME
- List Price 39.8
- Listing Date 2021-02-17
- Lead Manager Beeline Broking Ltd
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
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.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,81,000 | 3,81,000 | 7,62,000 |
Day 1 08-02-21 05:00 PM | 0.03 x | 0.46 x | 0.24 x |
Day 2 09-02-21 05:00 PM | 2.13 x | 1.95 x | 1.92 x |
Day 3 10-02-21 05:00 PM | 2.66 x | 4.17 x | 3.42 x |
Valuations
Company Financials
| 30-Sept-20 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 4.30 | 2.18 | 2.61 |
| Revenue | 8.57 | 36.34 | 18.73 |
| Profit After Tax | 0.14 | 0.18 | 0.11 |
About 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.
- Promoter(s)
Mr. Manish Kumar Jain
Mrs. Raksha Jain
Manish Kumar Jain HUF
Pre Issue Share Holding : 55.82%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
To meet working capital requirements.
To meet general corporate purposes.
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. You can track the real-time subscription numbers using the links below:
Ans. The size of MRP Agro Limited IPO is 810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr).
Ans. The MRP Agro Limited IPO price band is set between 40/- Per Equity Share .
Ans. To apply for MRP Agro Limited 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 MRP Agro Limited IPO allotment status online.
