M.V.K. Agro Food Product Ltd

About the company

## **About  M.V.K. Agro Food Product Ltd** Incorporated in February 2018, M.V.K. Agro Food Product Ltd is on a mission to redefine the landscape of natural resource processing. The company's visionary approach entails the establishment of a state-of-the-art greenfield unit dedicated to the manufacturing of Ethanol, Bio-CNG, and Fertilizer.  At the heart of their operations lies a commitment to sustainability. By harnessing the potential of Molasses, a by-product of various agricultural processes, M.V.K. Agro efficiently produces Ethanol, a crucial component in various industrial applications. Through meticulous distillation and purification processes, they ensure the highest quality of Fuel Ethanol, poised to meet the stringent demands of modern industries. Moreover, the company's innovative practices extend to the utilization of Bagasse and Press Mud for the generation of bio-gas, a renewable energy source. This bio-gas is not only bottled for industrial usage but also yields valuable by-products, which are repurposed as fertilizers. By closing the loop on waste management, M.V.K. Agro exemplifies the principles of circular economy, minimizing environmental impact while maximizing resource efficiency. Central to their operational ethos is a direct engagement with local farmers. By sourcing raw materials directly from the source, M.V.K. Agro ensures fair compensation for farmers while eliminating intermediaries. This not only empowers local agricultural communities but also reduces the carbon footprint associated with transportation, further bolstering their sustainability credentials. Furthermore, M.V.K. Agro's commitment to community development is exemplified through its 'Farmer Development Division'. Through this initiative, agricultural experts impart invaluable knowledge and techniques to local farmers, fostering a culture of sustainable farming practices. Additionally, the company sponsors the education of farmers, enabling them to gain technical expertise and elevate their agricultural output. As M.V.K. Agro Food Product Ltd prepares for its forthcoming IPO, it stands as a beacon of excellence in the natural resource processing industry. With a diversified product portfolio, a focus on sustainability, and a strategic vision for the future, the company is poised for continued growth and success, promising investors a compelling opportunity to partake in their journey towards a greener, more sustainable future. 1. Setting up a greenfield unit in Nanded, Maharashtra for (i) manufacturing Ethanol and (ii) generation and bottling of Bio-CNG and Fertilizer (hereinafter referred as the “Project”); and 1. General Corporate Purposes. Here are key details about the M.V.K. Agro Food Product Ltd IPO: Company Name| **M.V.K. Agro Food Product Limited**|  | M.V.K. Agro Food Product Ltd IPO Opening Date| **February 29, 2024** ---|---|---|---|--- Company Established On|**2018**M.V.K. Agro Food Product Ltd IPO Price band|**₹120 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   29 Feb 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   04 Mar 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   02 Mar 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   06 Mar 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   05 Mar 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   07 Mar 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.