Mukka Proteins Limited

CLOSED

IPO Date: 29 Feb - 4 Mar 2024

Listing Date: 7 Mar 2024

Price Range

26 to 28

Issue Size

224 Cr

Min Investment

13,910

Lot Size

535 Shares

Schedule of Mukka Proteins Limited

Issue open date

29 Feb 2024

Issue close date

4 Mar 2024

UPI mandate deadline

4 Mar 2024 (5 PM)

Allotment finalization

5 Mar 2024

Share credit

6 Mar 2024

Listing date

7 Mar 2024

Mandate end date

19 Mar 2024

Issue size

Funds Raised in the IPOAmount
Overall224 Cr
Fresh Issue0 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date5 Mar 2024
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price

Performance Mukka Proteins Limited

Issue PriceListing GainCurrent Market PriceP/L
26 to 28 40 (50.89%) 34.7324.04%

About Mukka Proteins Limited

Incorporated in March 2003, Mukka Proteins Limited manufactures fish protein products. The company produces and supplies fish meal, fish oil and fish soluble paste, which are essential ingredients for the production of aqua feed (for fish and shrimp), poultry feed (for broilers and layers) and pet food (for dog and cat food).The company exports its products to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan and Vietnam.As of March 31, 2023, the company employed 385 people from various departments, including technical and support staff, administration, management and operations.The company currently operates six production facilities, including four in India and two in Oman, which are held by its foreign subsidiary Ocean Aquatic Proteins LLC. In addition, the company operates three blending plants and five storage facilities, all of which are located in India. All of the company's facilities are strategically located near the coast.The company is certified by NQA and UKAS to ISO 22000:2018 and ISO 9001:2015 management system standards.As of December 31, 2022, the company has contractual arrangements with third-party manufacturing facilities in Sasihithlu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra) and Ratnagiri (Maharashtra) for the supply of fishmeal and fish oil.

Founded in2003
Managing director
Parent organization

Financial Overview

Strengths

    Risks

      Subscription Figures

      CategorySubscription (No. of times)
      Qualified Institutional Buyers (QIBs)189.28
      Non-Institutional Investors (NIIs)250.39
      Retail Individual Investors (RIIs)58.52
      EmployeeN/A
      Total136.99