
Emerging SME Services · NSE
M.V.K. Agro Food Product Limited, incorporated on February 2, 2018, is a public limited company specializing in integrated sugar and allied products manufacturing. Based in Nanded District, Maharashtra, the company operates a single-location sugar unit with a licensed crushing capacity of 2,500 Tons Cane per Day (TCD) and commercializes by-products such as Molasses (120 TPD), Bagasse (750 TPD), and Pressmud (90 TPD). Since commencing sugar manufacturing operations in 2020, M.V.K. Agro has implemented backward integration to enhance the commercial viability of its by-products and waste products, including co-generation capabilities for power generation. Through strategic expansion and increasing production capacities, the company has positioned itself as a key player in the sugar and allied products industry, demonstrating a strong commitment to growth and diversification.
Price Band
₹120
Issue Size
₹65.88 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹120
at current GMP
Subscribed
8.51x
overall
Open
29 Feb 2024
Close
4 Mar 2024
Allotment
5 Mar 2024
Refund
6 Mar 2024
Demat Credit
7 Mar 2024
Listing
7 Mar 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹120
Band: ₹120
Estimated Listing Price
₹120
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹0
1200 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹120 |
| 30 Oct 2026 | — | 0.0% | ₹120 |
| 29 Oct 2026 | — | 0.0% | ₹120 |
GMP is unofficial market data. Not a guarantee of listing performance.
M.V.K. Agro Food Product Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹65.88 Crores. The shares are offered at a price band of ₹120 to ₹120 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-04, the basis of allotment is scheduled to be finalized on 2024-03-05. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Mas Services Limited) or the BSE allotment checking window.
The latest grey market premium for M.V.K. Agro Food Product Limited IPO is ₹0, which indicates an expected listing price of ₹120.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.