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:-
Particulars | Value |
---|---|
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 :-
Particulars | Value |
---|---|
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 Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 641.18 | 575.16 | 392.30 | 353.93 |
Revenue | 612.88 | 1,183.80 | 776.15 | 609.95 |
Profit After Tax | 32.98 | 47.53 | 25.82 | 11.01 |
Net Worth | 159.11 | 128.92 | 87.25 | 64.54 |
Reserves and Surplus | 144.92 | 112.57 | 68.51 | 60.80 |
Total Borrowing | 317.73 | 254.83 | 173.50 | 159.19 |
Key Performance Indicator :-
Particulars | Value |
---|---|
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 :-
Particulars | Link |
---|---|
Mukka Proteins Limited IPO DHRP:- | Click Here |
Mukka Proteins Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
27-02-2024 | ₹17 | ₹45 | 60.71% |
28-02-2024 | ₹15 | ₹43 | 53.57% |
29-02-2024 | ₹28 | ₹56 | 100% |
01-03-2024 | ₹29 | ₹57 | 103.57% |
02-03-2024 | ₹29 | ₹57 | 103.57% |
03-03-2024 | ₹25 | ₹53 | 89.29% |
04-03-2024 | ₹35 | ₹63 | 125% |
05-03-2024 | ₹35 | ₹63 | 125% |
06-03-2024 | ₹35 | ₹63 | 125% |
07-03-2024 | ₹35 | ₹63 | 125% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 29, 2024 | 1.01 | 1.60 | 4.07 | 2.67 |
March 1, 2024 | 1.86 | 6.26 | 10.38 | 7.07 |
March 4, 2024 | 189.28 | 250.24 | 58.33 | 136.87 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on March 5, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
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 |
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