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Madhya Bharat Agro Products Ltd IPO (Madhya Bharat Agro IPO) Detail

Aug 29, 2016 - Sep 2, 2016

Incorporated in 1997, Madhya Bharat Agro Products Ltd (MBAPL) is engaged in manufacturing Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP) and Sulphuric Acid which is used in large quantities for replenishing "P" (Phosphorus) in the soil and act as a fertilizer for the crop. Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal. They are also engaged in business of Purchase and Sale (Trading) of Textiles and agricultural commodity.

MBAPL is one of the major private sector fertilizer manufacturer. Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum. MBAPL is dealing in manufacturing of BRP with installed production capacity of 99000 TPA (Licensed capacity -99000 TPA), SSP with installed capacity of 180000 TPY (Licensed capacity 240000 TPY) and Sulphuric Acid with installed capacity of 36000 TPY (having licensed capacity is 99000 TPY). Further the New Project GSSP (having licensed capacity is 180000 TPY) is underway making it completely integrated state of art manufacturing facility.

Objects of the Issue

The object of the issue are to:

1. Carry out the sale of 57,90,000 Equity Shares of the Company by the Selling Shareholders;
2. Enhance their brand name enabling to avail future growth opportunities;
3. General corporate purpose.

Madhya Bharat Agro IPO Details

Madhya Bharat Agro IPO Date Aug 29, 2016 to Sep 2, 2016
Madhya Bharat Agro IPO Face Value ₹10 per share
Madhya Bharat Agro IPO Price ₹24 per share
Madhya Bharat Agro IPO Lot Size 6000 Shares
Issue Size5,790,000 shares of ₹10
(aggregating up to ₹13.90 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are:

1. Mr. Pankaj Ostwal
2. Mr. Praveen Ostwal

Madhya Bharat Agro IPO Lot Size

The Madhya Bharat Agro IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹144,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹144,000
Retail (Max) 1 6000 ₹144,000

Madhya Bharat Agro IPO Review

Investors may consider investment for medium to long term as this year normal monsoon is predicted. Read detail review...

Madhya Bharat Agro IPO Prospectus

Madhya Bharat Agro IPO Rating

156
3.9
Rating:Rated 3.9 stars
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Madhya Bharat Agro IPO Listing Date

Listing Date Friday, September 9, 2016
BSE Script Code
NSE Symbol MBAPL
Listing In
ISIN INE900L01010
IPO Price ₹24 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹24.00
Open: ₹27.00
Low: ₹26.00
High: ₹28.80
Last Trade: ₹28.80

Company Contact Information

Madhya Bharat Agro Products Ltd
5-O-21, Basement,
R. C. Vyas Colony,
Bhhilwara
Phone: +91-1482-237104
Email: secretarial@mbapl.com
Website: http://www.mbapl.com

Madhya Bharat Agro IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Madhya Bharat Agro IPO Review

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Madhya Bharat Agro IPO FAQs

Madhya Bharat Agro IPO is a SME IPO of 5,790,000 equity shares of the face value of ₹10 aggregating up to ₹13.90 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Aug 29, 2016, and closes on Sep 2, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Madhya Bharat Agro IPO opens on Aug 29, 2016 and closes on Sep 2, 2016.

Madhya Bharat Agro IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Madhya Bharat Agro IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Madhya Bharat Agro IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Madhya Bharat Agro IPO allotment status.

The Madhya Bharat Agro IPO listing date is on Friday, September 9, 2016.
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Madhya Bharat Agro IPO Message Board

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159 Comments

89. STOCKT |   Link |Sep 15, 2016 12:52:15 PM
sellers have increased now.

soon euphoria will go down of subscription

cant be compared to other sme as they are most consumer driven and this one is a fertlizer stock so sooner or later will drift below issue price

sell this sme immediately

instead buy nbcc which is risk free and will enhance ur capital
88. jkmittal |   Link |Sep 12, 2016 8:09:02 PM
Fundamentally strong sme IPOs have given multiple return. Some of them are

Sysco
Fourth dimensions
Hi-tech
Comsyn
Vidli

Now it''s turn for mbapl

87. raj shah |   Link |Sep 12, 2016 6:35:47 PM
pls tell me about madhybharat agro ..long time
87.1. CLD |   Link |Sep 12, 2016 7:00:52 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
More than 50% of SME IPO are not traded at all. Don''t get stuck up. Better to book profit.
87.2. RD |   Link |Sep 12, 2016 7:48:20 PM
For this case, buyers are there but no one is selling. Price will increase further.
86. SudheerStocks |   Link |Sep 12, 2016 11:24:08 AM
Can i sell this through sharekhan? If not, How can i sell this NSE SME?
86.4. Parminder Singh Mangat |   Link |Sep 13, 2016 4:14:17 PM
zerodha let it trade too.. I confirmed through twitter
86.5. anudeep Rastogi |   Link |Sep 18, 2016 12:22:14 AM
Sharekhan allows to sell any share that u have in ur DP. They dont support online selling of SME shares but u can giv them a call and place your order offline. Only problem is, you have to keep calling them if you want any change in order.
85. Hexadecimal |   Link |Sep 12, 2016 10:43:54 AM
Only buyer for quantity 11,88,000
https://www.nseindia.com/emerge/live_market/dynaContent/live_watch/get_quote_SME/GetSMEQuote.jsp?symbol=MBAPL
84. Hexadecimal |   Link |Sep 12, 2016 10:03:26 AM
Hold for one month and you will be rewarded handsomely. Even today volatile market, it is appearing strong
84.1. Hexadecimal |   Link |Sep 12, 2016 10:42:45 AM
Already trading at listing day upper circuit 28.80 i.e. 20% + of issue price.
83. raj shah |   Link |Sep 12, 2016 9:58:19 AM
now 28 rs.. sell it book profit ... ...
82. raj shah |   Link |Sep 12, 2016 9:55:58 AM
good listing.. i sold my 3 app in 27.50 price
82.1. Hexadecimal |   Link |Sep 12, 2016 10:05:33 AM
You should hold at least one application for a week for better return
81. HEMIPO |   Link |Sep 11, 2016 11:26:26 AM
Madhya Bharat ipo listing 12/09/16 nsesme. Gmp 1.50-1.75.
80. jkmittal |   Link |Sep 11, 2016 11:14:01 AM
Don''t sell it below Rs.50.
I will reach there in 2 weeks.

Fundamentally strong company.
79. raj shah |   Link |Sep 10, 2016 10:23:47 PM
I GOT 3 APP IN 15 ... PLEASE GIVE ME ADVISE
78. raj shah |   Link |Sep 10, 2016 10:23:46 PM
I GOT 3 APP IN 15 ... PLEASE GIVE ME ADVISE
77. raj shah |   Link |Sep 10, 2016 10:22:54 PM
WHEN WILL BE LISTING ?
76. Hardik Panchlotiya |   Link |Sep 10, 2016 4:38:23 PM
getting confused after reading comments that should hold for tgt of double or as the hem securities did must exit from madhya bharat on listing
75. Hexadecimal |   Link |Sep 9, 2016 8:25:32 PM
The stock is going to rock on listing.
The issue size of commercial Syn Bag was 7.66 crore and it had been subscribed 9 times means total demand was for Rs, 68.94 crore. The price of the issue has already been doubled from Rs. 24/- to Rs.48/-

The issue size of Madhya Bharat is 13.90 crore and it has subscribed 7.4 times means total subscription is for Rs. 102.86 crore i.e. total demand was 34 crore more than the total demand of Commercial Syn Bag. Thus analogically it should also be doubled in 1 month.
P.S. It has been assumed that the investors who are applying for SME IPO is more informed than those who generally applying for main board IPO.
74. STOCKT |   Link |Sep 9, 2016 12:06:15 PM
dont worry. those who have not got allotment are lucky ones.

looking at recent listings of sme this one too will fall on heavy volumes.

Hem securities will sell heavily on listing day . the stock will reach fair value of 18 rs in few days.
73. wealth creation |   Link |Sep 9, 2016 8:01:51 AM
From discussion in this forum it seems allotment is done but I haven''t received any mail or message neither bigshare website showing results so I am confused whether I have got allotment or not
72. SudheerStocks |   Link |Sep 8, 2016 8:10:53 PM
I got 1 lot...When is the listing date? Can i sell this NSE SME from sharekhan...?? If not, how can i sell?
71. Suresh Rai |   Link |Sep 8, 2016 4:14:13 PM
When is the listing
70. nayan lakhani |   Link |Sep 8, 2016 12:05:42 PM
Got 1 lot/3