MRP Agro Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 381,000 (47%) | — | ₹152 Cr |
| Retail | — | 381,000 (47%) | — | ₹152 Cr |
| Market Maker | — | 48,000 (6%) | — | ₹2 Cr |
| Σ Total | — | 810,000 (100%) | — | ₹3,240 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sept-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 857 | 3,635 | 1,873 |
| Profit After Tax | 14 | 19 | 12 |
| Total Assets | 430 | 218 | 262 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet working capital requirements. –
- To meet general corporate purposes. –
- To meet the issue expenditures. –
Company Overview
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.
Competitive strengths
- Strong quality standard and assurance.
- Large distribution network in urban and rural areas.
- Highly experienced promoters.