MRP Agro Ltd

About the Company:

MRP Agro Ltd is engaged in trading of food grains, fly-ash and coal including Import and Export of such products with a large base of ever growing consumers.

company has built a strong market and purchase such products domestically for supply to its consumers. The Company has trading network in urban and rural areas.

company believes in creating a strong consumer facing front end and invests heavily in grains, fly-ash and coal.

Company has a brand which commands a high reputation for quality products, efficient services and level of reliability as a stable supplier of quality products in food grains.


Company’s Products: (Products are categories into Food Grains, Fly-ash and Coal)

  • Urad Dal
  • Wheat
  • Almonds
  • Soyabean
  • Coal
  • Fly-ash


Product wise Revenue Breakup: 

Product wise Quantity Breakup:


Business Model & Procurement:

Company purchases the food grains, fly-ash and coal from local market by way of auction in large quantity and further sale the Products after clearing the Quality check to the wholesalers.

Company’s business model is B2B (Business to Business Basis) as we deal in bulk trading of food grains, fly-ash and coal.

company is having the local mandi license for purchase of food grains via auction from local market of Tikamgarh, Madhya Pradesh.

Company is also a registered dealer with Department of Mines & Geology, Government of Jharkhand for Purchase of Mineral such as Coal.



Management Team:

  1. Mr. Manish Kumar Jain (Designation: Chairman and Managing Director)
  2. Mrs. Raksha Jain (Designation: Non-Executive Director)



Objectives of the Issue:

  • To Meet Working Capital Requirement.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.



Peer Group Comparison:

Currently company is mainly engaged in the business of trading of food grains, coal & fly-ash and there is no listed peer group company which are strictly comparable to MRP Agro Ltd with respect to the industry and business segment in which we operate and the size of our company.



Financials of the Company:

(in Crores) FY 19 FY 120 30th Sept 2020
Revenue 18.73 36.34 8.57
Net Profit 0.11 0.19 0.14



IPO Details:

Details Info
Issue Opens on 8th February 2021
Issue Closes on:. 10th February 2021
Issue Price Rs.40
Face Value Rs.10
Minimum Lot 3000 Shares
Minimum Investment Rs.1,20,000
Issue Constitutes 27.19%
Issue Size Rs.3.2 cr
Market Cap Rs.11.91 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 8,10,000
Equity Shares Prior to the Issue 21,69,090
Equity Shares after the Issue 29,79,090

Also Read : List of Upcoming IPO’s in India.


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
2.62 15.27 11.23% 25.04



Company Contact Info:
MRP Agro Limited
House No. 100, First Floor, Ward No.23,
Infront of Thane Ajak Civil Line Road,
Tikamgarh- 472001, Madhya Pradesh, India.
Tel. No.: +91-7683-240342;



IPO Registrar Info:
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Telephone: +91-11-40450193-97
Investor grievance email:



Lead Manager to the Issue:
MB Division: 807, Phoenix Tower,
Opp. New Girish Cold Drinks,
Near Vijay Cross Roads,
Navrangpura, Ahmedabad – 380 009
Telephone Number: +91 79 4840 5357
Email Id: