- Business
- MRP Agro Limited engages in the bulk trading of food grains, fly-ash, and coal on a B2B basis in India, including import and export activities; its core products and services encompass pulses such as urad, wheat, soyabean, and almonds under the MRP brand, as well as cattle feed; the company sources commodities through auctions in urban and rural markets, conducts quality checks with specialized equipment, and supplies to wholesalers after inspection by its quality assurance department. Founded in 2018 and headquartered at House No.100, First Floor, Ward No.23, Infront of Thane Ajak Civil Line Road, Tikamgarh, Madhya Pradesh, it operates trading networks across India, holds a local mandi license in Tikamgarh for food grain procurement, and maintains registration as a dealer with the Department of Mines & Geology, Government of Jharkhand, for coal purchases. Recent developments include the acquisition of 89.46% stake in PRM Tradelink Private Limited for INR 56.1 million, making it a subsidiary; initiation of capital expenditure for a new flour mill plant with an estimated cost of INR 198.7 million and completion targeted for December 2026; receipt of INR 140.4 million through a preferential private placement of 1.17 million equity shares at INR 120 each in November 2024; and issuance of convertible warrants to promoters and promoter group, alongside trading approval for over 1 million new equity shares in July 2025.