|Issue Date||08 Feb 2021 - 10 Feb 2021|
|Issue Size||₹3.24 Cr|
|Market Lot||3000 Shares|
|Shares on Offer||810,000|
|Subject to Sauda||N/A|
MRP AGRO LIMITED is engaged in trading of food grains, fly-ash and coal including Import and Export of such products with a large base of ever growing consumers. The company has built a strong market and purchase such products domestically for supply to its consumers. The Company has trading network in urban and rural areas.
The Company was originally incorporated on April 13, 2018 as MRP Agro Private Limited vide Registration No. 045542/2018-2019 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Further, our Company was converted into Public Limited Company and consequently name of company was changed from “MRP Agro Private Limited” to “MRP Agro Limited” vide Special resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on August 27, 2020 and a fresh certificate of incorporation dated September 16, 2020 issued by the Registrar of Companies, Gwalior.
The company believes in creating a strong consumer facing front end and invests heavily in grains, fly-ash and coal. As our Company deals in trading of Food Grains, sales and marketing play a key role in ensuring that the corporate and products brands communicate and reach out to the customers in proper way; helping the Company in selling its strong value proposition of purity, quality and healthy grains. As part of its sales and marketing efforts, company regularly communicates with the consumer on various platforms to increase awareness of our Products.
The Promoters include Mr. Manish Kumar Jain, Mrs. Raksha Jain and Manish Kumar Jain (HUF) who have been instrumental in the growth of our business and actively advise us on finance, corporate strategy and planning. We have a strong management team with significant industry experience. Our Chairman and Managing Director, Mr. Manish Kumar Jain has 10 years of experience in the trading industry. The vast experience of the Promoters has been instrumental in determining the vision and growth strategies for our Company. We further believe that our market position has been achieved by adherence to the vision of our Promoters and senior management team and their experience of over a decades in the industry in which our Company operates.
|Total Assets (In ₹ Millions)||218.44||261.86|
|Total Revenue (In ₹ Millions)||3634.51||1873.31|
|Profit After Tax (PAT) (In ₹ Millions)||18.90||11.96|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 08 Feb 2021|
|Day 2 - 09 Feb 2021|
|Day 3 - 10 Feb 2021|
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MRP Agro Limited IPO will open on 08 Feb 2021 and close on 10 Feb 2021.
MRP Agro Limited IPO will list on .
The offer price of MRP Agro Limited IPO is ₹40.
The lot size of MRP Agro Limited IPO is 3000.
The Grey Market Premium (GMP) price of MRP Agro Limited IPO is Not Available at the moment.
The Kostak price of MRP Agro Limited IPO is Not Available at the moment.
The Subject to Sauda price for MRP Agro Limited IPO is Not Available at the moment.
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