The MKC Agro Fresh IPO has opened with strong investor interest, achieving subscription of X times across all categories. The IPO is priced in the upper band of ₹X per share and is expected to list on BSE and NSE on [●], with the company's current market price standing at ₹X. The IPO structure comprises a fresh issue of up to 99.99 lakh equity shares and an Offer for Sale (OFS) of up to 68.12 lakh shares by existing shareholders. As per multiple reports, the company's integrated supply chain model and strong financial performance have attracted significant investor attention. Allotment status can be checked on the registrar's website using PAN, application number, or Demat details, with successful applicants expected to receive shares in their demat accounts one working day after allotment is finalised.
The company has demonstrated robust financial growth with revenue increasing from ₹4,634.71 crore in FY24 to ₹5,215.34 crore in FY26, representing a 14.1% year-on-year growth. EBITDA grew from ₹346.29 crore to ₹390.76 crore over the same period, while PAT increased from ₹178.31 crore to ₹221.14 crore. The company's EBITDA margin improved from 7.5% to 7.5% and PAT margin from 3.9% to 4.2% during this period. According to the latest financial data, MKC Agro Fresh operates an integrated fresh fruit supply chain through a tree-to-table business model with operations spanning procurement, sorting, grading, waxing, ripening, controlled-atmosphere storage, processing, logistics and distribution. The company's proceeds from the fresh issue will be used for repayment or prepayment of certain borrowings and general corporate purposes.
The company is establishing a 500-tonne-per-day frozen concentrated orange juice facility at Bargaon, Warud, in Maharashtra's Vidarbha region. According to the draft papers, this project has been accorded 'Mega Project' status by the Maharashtra government and is expected to start commercial production by March 31, 2027. This expansion represents a significant capacity addition to the company's processing capabilities and supports the company's strategy to expand beyond its current operations. The company also operates a 5,756-metric-tonne controlled-atmosphere cold-storage facility in Greater Noida.
Headquartered in the Delhi-NCR region, MKC Agro Fresh operates an integrated fresh fruit supply chain covering over 15 fruit categories, including apples, oranges, mangoes, grapes, kiwis and bananas. The company's integrated approach enables it to deliver high-quality fresh fruit products to customers in a reliable and efficient manner by procuring fruits directly from farmers and undertaking processing activities entirely in-house. The company's product portfolio spans from procurement from farmers to sorting, grading, waxing, ripening, controlled-atmosphere storage, processing, logistics and distribution, providing end-to-end supply chain solutions for the fresh fruit industry.
Narnolia Financial Services serves as the book-running lead manager to the issue, while Bigshare Services has been appointed as the registrar. The filing was completed on September 8, 2026, as reported in the draft prospectus. The IPO structure combines fresh equity issuance with an offer for sale by existing shareholders, providing both growth capital and liquidity for current stakeholders. The company's integrated approach enables it to deliver high-quality fresh fruit products to customers in a reliable and efficient manner by procuring fruits directly from farmers and undertaking processing activities entirely in-house.
