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M.V.K. Agro Food Product Ltd IPO  

M.V.K Agro Food Product Ltd engaged in are a sugar and allied products manufacturer based in Nanded District, Maharashtra. Their single-site sugar unit can crush up to 2,500 TCD. They also sell by-products like Molasses, Bagasse, and Pressmud, and generate power for internal use. Their business has two main parts: sugar production and the utilization of its by-products and waste materials. Their self-sufficient operations and internal power generation contribute to their sustainable practices. Their manufacturing plant runs entirely on power derived from waste materials collected during sugar production, ensuring eco-friendly operations.

Company Promoters:

• Marotrao Vyankatrao Kawale
• Sagarbai Marotrao Kawale
• Ganeshrao Vyankatrao Kawale
• Kishanrao Vyankatrao Kawale
• Sandip Marotrao Kawale

Objects of this Issue:

•  New facility in Nanded, Maharashtra for (i) producing Ethanol and (ii) generating and bottling Bio-CNG and Fertilizer.
• General corporate purposes.

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2023	As on 30 March 2022	As on 31 Mar 2021
Total Assets	15,471.93	11,602.06	11,445.70
Total Liabilities	14,134.26	10,641.84	10,805.29
Net Profit	377.45	319.81	140.41

M.V.K. Agro Food Product Ltd IPO Schedule

1.     Bid or Offer Opens on: 29 February 2024
2.     Bid or Offer Closes on:04 March 2024
3.     Finalization of BoA: 05 March 2024
4.     Initiation of Refunds: 06 March 2024
5.     Credit of shares to Demat account: 06 March 2024
6.     Listing Date: 07 March 2024

M.V.K. Agro Food Product Ltd IPO Lot Size

The market lot size of M.V.K. Agro Food Product Ltd IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

GUT No. 44 and 46, Kusumnagar, At Post

Waghalwada, Umari, Nanded – 431 807,

Maharashtra, India

Phone: +91 862 309 4480

Email: info@mvkagrofood.com

Website: https://mvkagrofood.com/

M.V.K. Agro Food Product Ltd IPO Registrar Details:

MAS Services Limited

T-34, 2nd Floor, Okhla Industrial Area,

Phase-II New Delhi- 110 020

Telephone: +91 112 638 7281/83

Email: ipo@masserv.com

Website: www.masserv.com