MRP Agro Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
MRP Agro Limited's achieved publicly listed status following its IPO debut on Feb 18, 2021 at the BSE platform. The offering successfully mobilized 8,10,000 Shares, with 8,10,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹40 to ₹40, starting from minimum lots of 3000 shares. The subscription window from Feb 08, 2021 through Feb 10, 2021 enabled investor participation across market segments.
Share allocation was completed on Feb 15, 2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2018, MRP Agro Limited is engaged in the trading, import, and export of food grains, fly-ash, and coal products. The company operates on a B2B model, sourcing products in bulk from domestic markets through auctions and selling them to wholesalers. It holds a local mandi license in Tikamgarh, Madhya Pradesh, for food grains and is a registered dealer with the Department of Mines & Geology, Jharkhand, for coal. MRP Agro has developed a strong trading network across rural and urban areas and ensures product quality through its in-house Quality Inspection Department.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Quality Assurance: Maintains high standards in products and services.
- Extensive Distribution: Strong network across urban and rural areas.
- Experienced Leadership: Promoters with significant industry experience.
NA
- Mr. Manish Kumar Jain
- Mrs. Raksha Jain
- Manish Kumar Jain HUF
MRP Agro Limited
Skyline Financial Services Private Limited