Mukka Proteins Limited IPO

Mukka Proteins Limited IPO bidding starts from February 29, 2024 and ends on March 4, 2024. The allotment for the Mukka Proteins Limited IPO is expected to be finalized on March 5, 2024. Mukka Proteins Limited IPO will list on BSE, NSE with tentative listing date fixed as March 7, 2024. Mukka Proteins Limited IPO price band is set at ₹26 to ₹28 per share. The minimum lot size for an application is 535 Shares. The minimum amount of investment required by retail investors is ₹14,980.

Important Dates:-

ParticularsValue
Open Date:-February 29, 2024
Close Date:-March 4, 2024
Allotment Date:-March 5, 2024
Listing Date:-March 7, 2024

About Mukka Proteins Limited :-

Established in March 2003, Mukka Proteins Limited specializes in the production of fish protein products. These include fish meal, fish oil, and fish soluble paste, vital components used in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broilers and layers), and pet food (for dogs and cats).

The company has a global reach, exporting its products to more than 10 countries, such as Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, the Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

As of March 31, 2023, the company employed 385 individuals across various departments, encompassing technical and support staff, administration, management, and operations.

Mukka Proteins Limited operates six production facilities, four of which are situated in India and two in Oman under its foreign subsidiary Ocean Aquatic Proteins LLC. Additionally, the company runs three blending plants and five storage facilities, all located in India and strategically positioned near coastal areas.

Certified by NQA and UKAS, the company adheres to ISO 22000:2018 and ISO 9001:2015 management system standards.

As of December 31, 2022, Mukka Proteins Limited has established contractual agreements with third-party manufacturing facilities in Sasihithlu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra), and Ratnagiri (Maharashtra) for the provision of fishmeal and fish oil.

Contact Details :-

Address:- Mukka Proteins Limited Mukka Corporate House, Door, No. 18-2-16/4, First Cross, NG Road, Attavar Dakshina, Kannada, Mangaluru – 575 001

Phone:- +918244252889

E-mail:- cs@mukkaproteins.com

Website:- https://www.mukkaproteins.com/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹26 to ₹28
Lot Size:-535
Minimum Amount for 1 Lot:-14,980
Listing At:-BSE, NSE
Total issue of Shares:-8,00,00,000
Total issue Size:-224 Crore
Fresh issue of Shares:-8,00,00,000
Fresh issue Size:-224 Crore
Face Value:-1 per Equity Share
Retail Quota:-35%
QIB Quota:-50%
NII Quota:-15%

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets641.18575.16392.30353.93
Revenue612.881,183.80776.15609.95
Profit After Tax32.9847.5325.8211.01
Net Worth159.11128.9287.2564.54
Reserves and Surplus144.92112.5768.5160.80
Total Borrowing317.73254.83173.50159.19

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-840
ROE:-36.71%
ROCE:-17.62%
Debt/Equity:-1.64
RoNW:-34.19%

IPO Registrar :-

Name:- Cameo Corporate Services Limited

Website:- https://ipo.cameoindia.com/

IPO Prospectus :-

ParticularsLink
Mukka Proteins Limited IPO DHRP:-Click Here
Mukka Proteins Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
27-02-2024 174560.71%
28-02-2024 154353.57%
29-02-20242856100%
01-03-2024 2957103.57%
02-03-2024 2957103.57%
03-03-2024 255389.29%
04-03-20243563125%
05-03-20243563125%
06-03-2024 3563125%
07-03-20243563125%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 29, 20241.011.604.071.601.602.67
March 1, 20241.866.2610.386.266.267.07
March 4, 2024189.28250.2458.33250.24250.24136.87

Allotment Status:-

ParticularsLink
Check Allotment Status (available on March 5, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-March 7, 2024
BSE Script Code:-544135
NSE Symbol :-MUKKA
ISIN:-INE0CG401037
Final Issue Price:-28.00
Open:-40.00
Low:-38.25
High:-42.25
Close:-42.25

Mukka Proteins Limited IPO FAQ :-

What is the opening date for Mukka Proteins Limited IPO?

The Mukka Proteins Limited IPO opens on February 29, 2024.

What is the closing date for Mukka Proteins Limited IPO?

The Mukka Proteins Limited IPO closes on March 4, 2024.

When will the shares be allotted for Mukka Proteins Limited IPO?

Shares of Mukka Proteins Limited IPO will be allotted on March 5, 2024.

What is the listing date for Mukka Proteins Limited IPO?

The listing date for Mukka Proteins Limited IPO is March 7, 2024.

What is the price/ price range for Mukka Proteins Limited IPO?

The price/ price range for Mukka Proteins Limited IPO is ₹26 to ₹28.

What is the minimum lot size for the Mukka Proteins Limited IPO?

The minimum lot size for Mukka Proteins Limited IPO is 535 shares.

What is the minimum investment required for retail investors in the Mukka Proteins Limited IPO?

The minimum investment required for retail investors in the Mukka Proteins Limited IPO is ₹14,980.

What type of IPO is the Mukka Proteins Limited IPO?

The type of Mukka Proteins Limited IPO is Mainline.

What is the total issue size of the Mukka Proteins Limited IPO?

The total issue size of Mukka Proteins Limited IPO is ₹224 Crore.

How many shares are being offered in the Mukka Proteins Limited IPO?

Total 8,00,00,000 shares are being offered in the Mukka Proteins Limited IPO.

What is the face value of Mukka Proteins Limited IPO share?

The face value of Mukka Proteins Limited IPO share is ₹1.

What is the market capitalization of the Mukka Proteins Limited IPO?

The market capitalization of the Mukka Proteins Limited IPO is ₹840 Crore.

Who is the registrar for the Mukka Proteins Limited IPO?

The registrar for the Mukka Proteins Limited IPO is Cameo Corporate Services Limited.

Where can I check the IPO Allotment status for Mukka Proteins Limited IPO?

You can check the IPO Allotment status for Mukka Proteins Limited IPO at https://ipo.cameoindia.com/.

What is the email address and website of Mukka Proteins Limited IPO?

The email address of Mukka Proteins Limited IPO is cs@mukkaproteins.com and website is https://www.mukkaproteins.com/.

What is the Mukka Proteins Limited IPO GMP (Grey Market Premium) as of 07-03-2024?

The latest GMP for Mukka Proteins Limited IPO is ₹35 as of 07-03-2024.