MRP Agro Limited - IPO: Invest in MRP Agro Limited - IPO
MRP Agro Limited - IPO: Invest in MRP Agro Limited - IPO

MRP Agro Limited - IPO: Invest in MRP Agro Limited - IPO

The MRP Agro Ltd IPO is 2021’s first IPO from the Small and Medium Enterprise (SME) segment. If you’re interested to know more MRP Agro Ltd IPO details, you’ve come to the right place. Here’s everything you need to know about the upcoming IPO.

About the company

Incorporated quite recently in the year 2018, MRP Agro Ltd is in the B2B segment and is in the business of importing and exporting various products into and outside of the country. The company is involved in trading of the products as well. Some of the products that MRP Agro Ltd deals with during the course of its business includes fly ash, coal products, and food grains.

The company has a strong and robust trading and distribution network in both urban and rural settings. The revenue growth has been quite phenomenal with the company registering almost twice the revenue in FY20 as opposed to FY19.

MRP Agro Ltd IPO details

Let’s quickly take a look at the various important MRP Agro Ltd IPO details, including the MRP Agro Ltd IPO date and the MRP Agro Ltd IPO share price.

MRP Agro Ltd IPO date

The company has fixed the opening and closing dates of its latest IPO as February 8, 2021 and February 10, 2021 respectively.

MRP Agro Ltd IPO issue size

The entire issue of the new IPO from MRP Agro Ltd consists only of a fresh issue of shares. The company has planned to issue around 8,10,000 equity shares aggregating up to Rs. 3.24 crores in value.

MRP Agro Ltd IPO share price

The MRP Agro Ltd IPO share price has been notified as Rs. 40 per equity share. Taking into account the face value of the company’s shares, which are only Rs. 10 per equity share, around Rs. 30 per share goes towards the share premium account.

MRP Agro Ltd IPO listing

Since the upcoming IPO from MRP Agro Ltd is essentially an SME IPO, it would be listed only on the Bombay Stock Exchange (BSE) under its SME platform.

MRP Agro Ltd IPO objectives

The following have been notified by the company as the objectives of the latest IPO.

● For meeting the working capital requirements of the company.

● For meeting the issue-related expenses.

● For meeting general corporate purposes.

Before commencing online trading, always remember to open a Demat Account and Trading Account with a trusted and reliable financial partner.

If you already have an existing account, you can login to trade and invest in the IPO.

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