MRP Agro Limited IPO
BSE SME₹1,20,000 / 3000 Shares
MRP Agro Limited IPO Details
The MRP Agro Limited IPO price band is set between 40/- Per Equity Share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 8 Feb, 2021 and closes on 10 Feb, 2021. Investors can check the allotment status on 15 Feb, 2021, while the listing date is tentatively scheduled for 17 Feb, 2021.
The total issue size is 810,000 Eq Shares of ₹10, aggregating up to ₹3.24 Cr. Stay tuned for the latest MRP Agro Limited IPO review and GMP updates.
MRP Agro Limited IPO Review, Rating & Analysis
MRP Agro Limited IPO Review
NO REVIEWMRP Agro Limited IPO Rating
MRP Agro Limited IPO Highlights
IPO Date
Feb 8, 2021 - Feb 10, 2021
Listing Date
17 Feb, 2021
Face Value
₹10 Per Equity Share
Price Band
40/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
MRP Agro Limited IPO Lot Size
The minimum market lot for MRP Agro Limited IPO is 3000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,20,000 |
| Retail (Max) | 1 | 3000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,80,000 |
MRP Agro Limited IPO Timeline
Issue Price
40/- Per Equity ShareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Beeline Broking LtdIssue Size
810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr)MRP Agro Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 20 | 4.30 | 8.57 | 0.14 | - | - | - |
| 31 Mar 20 | 2.18 | 36.34 | 0.18 | - | - | - |
| 31 Mar 19 | 2.61 | 18.73 | 0.11 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Manish Kumar Jain
- Mrs. Raksha Jain
- Manish Kumar Jain HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 55.82% | N/A% |
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.
MRP Agro Limited IPO Subscription 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 |
Frequently Asked Questions about MRP Agro Limited IPO IPO
When will MRP Agro Limited IPO open for subscription?
The MRP Agro Limited IPO opens on 8 Feb, 2021 and closes on 10 Feb, 2021.
What is the investors portion for MRP Agro Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 381000.
How to apply for MRP Agro Limited IPO?
You can apply for MRP Agro Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of MRP Agro Limited IPO?
The issue size of MRP Agro Limited IPO is approx ₹810,000 Eq Shares of ₹10(aggregating up to ₹3.24 Cr) crores.
What is the price band of MRP Agro Limited IPO?
The price band for MRP Agro Limited IPO is 40/ to ₹ Per Equity Share.
What is the lot size of MRP Agro Limited IPO?
The minimum bid (lot size) for MRP Agro Limited IPO is N/A shares with an investment of approx ₹1,20,000 .
What is the allotment date of MRP Agro Limited IPO?
The allotment date for MRP Agro Limited IPO is 15 Feb, 2021.
What is the listing date of MRP Agro Limited IPO?
The listing date for MRP Agro Limited IPO is expected to be 17 Feb, 2021.
What is the GMP of MRP Agro Limited IPO?
The latest Grey Market Premium (GMP) for MRP Agro Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.