Madhya Bharat Agro IPO Latest News Today

Madhya Bharat Agro Products Ltd NSE SME IPO to open on Aug 29, 2016 and close for subscription on Sep 02, 2016. The company has decided price Rs 10. The equity shares of the company to be list at NSE SME.

Madhya Bharat Agro Products Ltd is entering in the capital markets (through NSE SME) with an initial public offering, IPO of 5,790,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 24.

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.

The issue opens on Aug 29, 2016 and closes for subscription on Sep 02, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of NSE.