What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of M.V.K. Agro Food Product Limited IPO?

M.V.K. Agro Food Product Limited IPO has received a total subscription of 8.51 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

M.V.K. Agro Food Product Limited

ListedSME

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

4 Mar 2024

Allotment

5 Mar 2024

Refund

6 Mar 2024

Demat Credit

7 Mar 2024

Listing

7 Mar 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

8.51x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

4.01x

High Net-Worth

Retail (RII)

13.01x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 8.51x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,607,600	10,449,600	4.01x
RETAIL	2,607,600	33,921,600	13.01x
Total	5,215,200	44,371,200	8.51x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 12.69x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,601	20,829	13.01x
HNIs (10L +)	10	40	4.01x
HNIs (2-10L)	49	196	4.01x
Total Applications	1,660	21,065	12.69x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About M.V.K. Agro Food Product Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is M.V.K. Agro Food Product Limited IPO GMP today?

Currently, M.V.K. Agro Food Product Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹120 to ₹120 per equity share.

What is the expected profit per lot for M.V.K. Agro Food Product Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹120 per equity share.

What is the issue size and price band for M.V.K. Agro Food Product Limited IPO?

The M.V.K. Agro Food Product Limited IPO aggregate issue size is ₹65.88 Crores with an equity price band set at ₹120 to ₹120 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check M.V.K. Agro Food Product Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.51x (Retail: 13.01x, QIB: 0.00x, NII: 4.01x). You can track live multiples directly on our dedicated subscription page.

Where and when will M.V.K. Agro Food Product Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2024-03-05. Investors can verify status using PAN card or application number.

When is the listing date for M.V.K. Agro Food Product Limited IPO?

M.V.K. Agro Food Product Limited shares are scheduled to list on NSE on 2024-03-07.