MRP AGRO LIMITED
	CIN : - U15549MP2018PLC045542

Our Company was originally incorporated on April 13, 2018 as "MRP Agro Private Limited" vide Registration No. 045542/2018-2019 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Center. Further, our Company was converted into Public Limited Company and consequently name of company was changed from "MRP Agro Private Limited" to "MRP Agro Limited" vide Special resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on August 27, 2020 and a fresh certificate of incorporation dated September 16, 2020 issued by the Registrar of Companies, Gwalior. For further details, please refer to chapter titled "History and Corporate Structure" beginning on page 98 of the Prospectus.

INITIAL PUBLIC ISSUE OF 8,10,000 EQUITY SHARES OF FACE VALUE OF Rs. 10 EACH ("EQUITY SHARES") OF MRP AGRO LIMITED ("OUR COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF Rs. 40.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF Rs. 30.00 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO Rs. 324.00 LAKHS ("ISSUE") OF WHICH 48,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH FOR A CASH PRICE OF Rs. 40.00 PER EQUITY SHARE, AGGREGATING TO Rs. 19.20 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I E. ISSUE OF 7,62,000 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH AT AN ISSUE PRICE OF Rs. 40.00 PER EQUITY SHARE AGGREGATING TO Rs. 304.80 LAKHS (IS HEREINAFTER REFERRED TO AS THE "NET ISSUE"). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 27 19% AND 25 58%. RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY FOR FURTHER DETAILS, PLEASE REFER TO SECTION TITLED "TERMS OF THE ISSUE" BEGINNING ON PAGE 174 OF THE PROSPECTUS.

THIS ISSUE IS BEING MADE IN TERMS OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBIICDR REGULATIONS'). AS AMENDED. IN TERMS OF RULE 19(2)(B)(I) OF THE SECURITIES CONTRACTS (REGULATION) RULES. 1957. AS AMENDED (THE "SCRR"), THIS ISSUE IS BEING MADE FOR AT LEAST 25% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 253 OF THE SEBI (ICDR) REGULATIONS. 2018, AS AMENDED.

PROPOSED LISTING: FEBRUARY 18, 2021: The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE" i.e. "BSE SME") in terms of the Chapter IX of the SEBIICDR Regulation, 2018 as amended from time to time. Our Company has received an in-principle approval letter dated January 13, 2021 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE ("BSE SME"). For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited The trading is proposed to be commenced on or about February 18, 2021*.

* Subject to receipt of listing and trading approvals from the BSE Limited.

All Applicants were allowed to participate in the issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs").

SUBSCRIPTION DETAILS

The issue has received 533 applications for 23,88,000 Equity Shares resulting in 2.95 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows

Detail of the Applications Received (Before Technical Rejection but after application not banked):

The details of applications rejected by the Registrar on technical grounds (Including withdrawal) are detailed below:

After eliminating technically rejected applications, the following tables give us category wise net valid applications:

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - BSE Limited on February 15, 2021.

The category wise details of the Basis of Allotment are as under:

The category wise details of the Basis of Allotment are as under:

C.

Allocation to Other than Retail Individual Investors (After Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail Individual Investors, at the issue price of Rs. 40 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 2.95 times i.e. for 9,66,000 shares the total number of shares allotted in this category is 3,27,000 Equity Shares to 67 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise)	No. Of Application received	% to total	Total No. of equity Shares applied in this Category	% of total	Proportionate Shares Available	Allocation per Applicant Before Rounding Off	Allocation on per applicant after rounding off	Ratio of allottees to Applicant: Ratio 1	Ratio of allottess Applicant: Ratio 2	Serial Number of Qualifying applicants	Number of Successful applicant (after rounding off	Total No. of faults Shares allocated / allotted	No. of Shares Surplus/ Deficit
6,000	29	38.16	174,000	18.01	58,901	2031.06	3,000	20	29	1, 2, 3, 4, 5, 6, 7, 10, 11,  12, 13, 14, 15, 17, 18, 22, 24, 26, 28, 29	20	60,000	-1099
9,000	5	6.58	45,000	4.66	15,233	3046.58	3,000	1	1		5	15,000	233
12,000	9	11 84	108,000	11.18	36,559	4062.11	3,000	1	1		9	27,000	9559
							3,000	1	3	2		9,000	-9000
15,000	13	17.11	195,000	20 19	66,009	5077.64	3,000	1	1		13	39,000	27009
							3,000	9	13	1, 3, 4, 5, 7, 9, 10, 11, 12		27,000	-27000
18,000	6	7.89	108,000	11.18	36,559	6093.17	6,000	1	1		6	36,000	559
21,000	9	11.84	189,000	19.57	63,978	7108.70	6,000	1	1		9	54,000	9978
							3,000	1	3	1		9,000	-9000
24,000	2	2.63	48,000	4.97	16,248	8124.22	9,000	1	1		2	18,000	-1752
30,000	1	1.32	30,000	3.11	10,155	10155.28	9,000	1	1		1	9,000	1 155
33,000	1	1.32	33,000	3.42	11,171	11170.81	12,000	1	1		1	12,000	-829
36,000	1	1.32	36,000	3.73	12,186	12186.34	12,000	1	1		1	12,000	186
TOTAL	76	100.00	9,66,000	100.00	3,27,000						67	3,27,000	0

The Board of Directors of the Company at its meeting held on February 15, 2021 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and in meeting held on February 16, 2021 has authorized the corporate action for issue of the Equity Shares to various successful applicants.

The CAN-cum-allotment advices and/or notices will forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before February 17, 2021. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will processed on or prior to February 17, 2021 In case the same is not received within 10 days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited (BSE SME) within six working days from the date of the closure of the issue. Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated January 28, 2021 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, SKYLINE FINANCIAL SERVICES PRIVATE LIMITED at www.skylinerta.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED

D-153A, 1 st Floor, Okhla Industrial Area Phase-1, New Delhi -110020, India

Telephone: +91-11-40450193-97 • Fax No: +91-11-26812682

Email: virenr@skylinerta.com or admin@skylinerta.com

Investor grievance email: info@skylinerta.com • Website: www.skylinerta.com

Contact Person: Ms. Sarita Singh • SEBI Registration Number: INE00003241

	For MRP AGRO LIMITED On behalf of Board of Directors
	Sd/-
	Mr. Manish Kumar Jain
Place: Tikamgarh, Madhya Pradesh	Chairman & Managing Director
Date: February 16, 2021	DIN - 08110055

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF MRP AGRO LIMITED.

MRP Agro Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Gwalior. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Lead Manager at www.beelmebroking.com, website of the BSE at www.bseindia.com and website of Issuer Company at www.mrpagro.com Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 20 of the Prospectus, which has been filed with ROC The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.

Close