M.V.K. Agro Food Product Ltd
Registered Office:
GUT No 44 & 46 Kusumnagar,At Post Waghalwada Umari,
Nanded
-
431807,
Phone : +91 862 309 4480
Fax : NA
Public issue of up to 54,90,000 equity shares of face value (Rs) 10 each ("Equity Shares") of the company for cash at a price of (Rs) 120/- per equity share (including a securities premium of (Rs) 110/- per equity share) (the "Issue Price"), aggregating upto (Rs) 65.88 crores ("Issue"). Out of the issue, 2,74,800 equity shares aggregating to (Rs) 3.30 crores will be reserved for subscription by market maker ("Market Maker Reservation
Portion"). The issue less the market maker reservation portion i.e. issue of 52,15,200 equity shares of face value of (Rs) 10 each at an issue price of
(Rs) 120/- per equity share aggregating to (Rs) 62.58 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 35.44% and 33.67%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs) 10/- and the issue price is 12 times of the face value.
Opens On
Closes On
Application
Allotment
29-Feb-24
04-Mar-24
120.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
58.25
Horizon Management Pvt Ltd
Project Financed through Current Offer
65.88
Post Issue Equity Share Capital
15.49
Setting up a greenfield unit in Nanded Maharashtra for Mfg Ethanol & Generation and Bottling of Bio CNG and Fertilizer
General Corporate Purposes
Marotrao Vyankatrao Kawale
Ganeshrao Vyankatrao Kawale
Kishanrao Vyankatrao Kawale