MVK AGRO FOOD PRODUCT is an integrated sugar and allied products manufacturing company. Apart from sugar, the company commercializes and sells its by-products and waste products including Molasses, Bagasse, and Pressmud. Additionally, it engages in power generation for captive consumption. The company’s operations are divided into two segments: sugar production and its by-products/waste products.
Now, it proposes further diversification of its product portfolio by establishing a greenfield unit for manufacturing Ethanol, Bio-CNG, and fertilizer. Ethanol, derived from fermentation and distillation of Molasses, is intended for purification into Fuel Ethanol, targeting industrial usage. The company plans to utilize Molasses waste material for ethanol manufacturing. Additionally, the greenfield unit will host a separate bio-CNG bottling and fertilizer plant for biogas generation and bottling, utilizing Bagasse and Pressmud for biogas production. The generated by-product will be marketed and sold as fertilizer to third parties.
The sugar manufacturing facility of the company is completely self-sufficient using Bagasse for generating power on-site and selling products such as molasses and press mud to manufacturers. By ensuring control, over operations, efficient inventory management, and effective distribution logistics the company upholds high-quality standards. Keeps a close eye on consumer preferences in various markets. Functioning as a zero wastage production unit the company repurposes its waste materials making it an eco-friendly operation, with no discharge.
MVK AGRO FOOD PRODUCT IPO Complete Details:
MVK AGRO FOOD PRODUCT IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of MVK AGRO FOOD PRODUCT is Around 40 Rs.
Objects Of Issue:
1. The company intends to set up a greenfield unit in Nanded, Maharashtra, for two primary purposes:
a. Manufacturing Ethanol.
b. Generating and bottling Bio-CNG and Fertilizer. This initiative will be referred to as the “Project.”
2. In addition to the Project, funds will also be allocated for General Corporate Purposes.
Promoters:
- MAROTRAO VYANKATRAO KAWALE
FAQs:
When MVK AGRO FOOD PRODUCT IPO is Opening?
MVK AGRO FOOD PRODUCT IPO is Opening on 29 February 2024.
When is the MVK AGRO FOOD PRODUCT IPO Closing?
MVK AGRO FOOD PRODUCT IPO is Closing on 04 March 2024.
What is the Issue Size of the MVK AGRO FOOD PRODUCT IPO?
The IPO Issue Size of MVK AGRO FOOD PRODUCT is 65.88 Crore.
Price Band of MVK AGRO FOOD PRODUCT IPO?
The price Band of MVK AGRO FOOD PRODUCT IPO is 120 rupees per share.
What is the minimum investment for an MVK AGRO FOOD PRODUCT IPO?
The minimum investment for the MVK AGRO FOOD PRODUCT IPO is 144,000 Rupees.
Allotment Date of MVK AGRO FOOD PRODUCT IPO?
The Allotment of MVK AGRO FOOD PRODUCT IPO is on 05 March 2024.
Listing Date of MVK AGRO FOOD PRODUCT IPO?
The Listing Of MVK AGRO FOOD PRODUCT is Scheduled on 07 March 2024.
One Should Apply for MVK AGRO FOOD PRODUCT IPO or Not?
Will Update Soon..
How to apply for MVK AGRO FOOD PRODUCT IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find MVK AGRO FOOD PRODUCT IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for MVK AGRO FOOD PRODUCT IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find MVK AGRO FOOD PRODUCT IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for MVK AGRO FOOD PRODUCT IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find MVK AGRO FOOD PRODUCT IPO from the list ——–> Click on MVK AGRO FOOD PRODUCT IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of MVK AGRO FOOD PRODUCT?
Horizon Management Private Limited is the Lead Manager of MVK AGRO FOOD PRODUCT.
Where To Check the Allotment of MVK AGRO FOOD PRODUCT IPO?
The allotment status for the MVK AGRO FOOD PRODUCT IPO will be accessible on the Mas Services Limited website.
MVK AGRO FOOD PRODUCT IPO is going to be listed at?
MVK AGRO FOOD PRODUCT IPO is going to be listed at NSE SME.
What is the Lot Size of the MVK AGRO FOOD PRODUCT IPO?
The lot size of the MVK AGRO FOOD PRODUCT IPO is 1200 Shares.
What is the P/E Ratio of the MVK AGRO FOOD PRODUCT?
The P/E Ratio of the MVK AGRO FOOD PRODUCT is 31.79.
What is the EPS of the MVK AGRO FOOD PRODUCT?
The EPS of the MVK AGRO FOOD PRODUCT is 3.77.
What is the ROE of the MVK AGRO FOOD PRODUCT?
The ROE of MVK AGRO FOOD PRODUCT is 32.85%.
What is the ROCE of the MVK AGRO FOOD PRODUCT?
The ROCE of the MVK AGRO FOOD PRODUCT is 13.44%.
