M.V.K. Agro Food Product Ltd is a manufacturing company of integrated sugar and other related products which was incorporated in 2018. The company is known for operating a zero-waste manufacturing facility. MVK Agro opened its IPO between 29th February to 4th March 2024. Now, everyone wants to know details regarding the MVK AGRO IPO Allotment Result. According to the available information, the company will finalise the allotment on 5th March 2024.
The company has offered Fixed Price Issue IPO. The issue is entirely a fresh issue of Rs. 54.9 lakh shares. Read the following article till the end to get information regarding the GMP, Expected Listing price, and more.
MVK AGRO IPO Allotment Result
The official portal of MAS Services Limited will hold the link to the MVK AGRO IPO Allotment Result. According to the DRHP released by the company, the MVK AGRO IPO will be listed on the Emerge Platform of the National Stock Exchange of India Limited. One should also take a look at the GMP to get an estimated price. So, the GMP is currently Rs. 41/- and the estimated listing price is Rs. 161/-. Readers can expect the percentage of gain/loss per share to be 34.17%.
M.V.K. Agro Food Product Ltd IPO Allotment Result: At a Glance
| Name of the Company | M.V.K. Agro Food Product Ltd |
| Name of the IPO Registrar | MAS Services Limited |
| Lead Manager of the Issue | Horizon Management Private Limited |
| Share Price | Rs. 120 per share |
| Total Size of the Issue | 5,490,000 shares |
| Price Listing At | NSE SME |
| Allotment Result Availability Status | Available Soon |
| Allotment Result Availability Mode | Online Mode |
| Authorized Web Portal | https://mvkagrofood.com/ smeipo@horizon.net.co www.masserv.com https://www.bseindia.com/ |
mvkagrofood.com IPO Allotment Subscription Status
The IPO of MVK AGRO has been subscribed for a total of 0.41 times. The Retail Category subscribed to it 0.48 times and the NII category subscribed to it 0.34 times. The subscription details mentioned here are for day 1 only. Subscription details of upcoming days will be updated here from time to time. Till then, refer to the table attached below for detailed subscription information:
| Investor Category | Shares Offered | Shares bid for | Subscription (Times) | Total Amount (Rs Cr.) |
| Retail Investors | 26,07,600 | 12,55,200 | 0.48 | 15.06 |
| Non-Institutional Buyers | 26,07,600 | 8,98,800 | 0.34 | 10.79 |
| Total | 52,15,200 | 21,54,000 | 0.41 Times | 25.85 |
How to check the MVK AGRO IPO Allotment Result?
The following section will help all the readers who want to understand the process via which they can open the result easily The following is the step-by-step guide which will directly open the MVK AGRO IPO Allotment Result on the respective screen:
- Commence the process by going to the official website of the MAS Services Limited using this link: https://www.masserv.com/
- Seconds after searching the link, the landing page will form on the same screen.
- Now, you should scroll down the home page a little and multiple options will be available on the left side of the screen.
- Locate and tap on the options named IPO Allotment Status.
- Shortly after clicking on the link, a new page will form on the screen.
- Now, you will see the name of MVK AGRO IPO Allotment Name on the new page.
- There will be two options attached below the company’s name i.e., Search on Dp_id/Client id and Search on PAN No.
- Tap on any one of the two options and then provide the details accordingly.
- After providing the details, tap the submit button and after a few seconds, the allotment status will finally form on the screen.
- Check the status carefully and do not forget to log out after checking the status.
MVK AGRO IPO Allotment Result: Important Links
| Go to the portal | M.V.K. Agro Food Product Ltd Website Link |
| Check Out the Result | Available Soon |
| Check the DRHP | MVK AGRO IPO Allotment DRHP PDF |
| Follow for more updates | IPO Allotment Result 2024 |
Frequently Asked Questions
When will the officials release the MVK AGRO IPO Allotment Result?
According to the schedule of the MVK AGRO IPO, the company will provide the allotment result on 5th March 2024. The transfer of shares and refund process will commence from 6th March 2024 onwards.
What are the objectives of the mvkagrofood.com IPO Issue?
The company opened its IPO to fulfill the following objectives:
1. To open a greenfield unit at Nanded, Maharashtra for manufacturing Ethanol and generation and bottling of Bio-CNG and fertilizers.
2. To fulfill general corporate purposes.
M.V.K. Agro Food Product Ltd Financial Information?
From 31 March 2022 to 31 March 2023, the revenue of the M.V.K. Agro Food Product Ltd has been reduced to -29.18%. Apart from it, the Proft After Tax of the same company has been increased by 18.02%
