Mukka Proteins IPO GMP Today ( Grey Market Premium )

Mukka Proteins IPO GMP Today ( Grey Market Premium )

The Mukka Proteins IPO commenced on February 29, 2024, and concluded on March 4, 2024. The allotment of shares took place on March 5, 2024, and the initiation of refunds began on March 6, 2024. The shares were credited to the demat accounts of investors on March 6, 2024. Finally, the listing of Mukka Proteins on the stock exchange occurred on March 7, 2024.

The Mukka Proteins IPO was priced at ₹26 to ₹28 per share, with a lot size of 535 shares. The total issue size was ₹224.00 crores, comprising a fresh issue of 224.00 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Mukka Proteins IPO Basic Details

Company NameMukka Proteins Limited
Domain of CompanyFish Product Manufacturing
Mukka Proteins IPO GMP Today₹28
Mukka Proteins IPO Listing Gain100.00%
Mukka Proteins IPO Open DateFebruary 29, 2024
Mukka Proteins IPO Close DateMarch 4, 2024
Mukka Proteins IPO Allotment DateMarch 5, 2024
Mukka Proteins IPO Listing DateMarch 7, 2024
Face Value₹10 per share
Price₹26 to ₹28 per share
Lot Size535 Shares
Issue Size80,000,000 shares of ₹1
(aggregating up to ₹224.00 Cr)
Fresh Issue80,000,000 shares of ₹1
(aggregating up to ₹224.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Company PromotersKalandan Mohammed Haris,
Kalandan Mohammad Arif and
Kalandan Mohammed Althaf

Mukka Proteins IPO GMP Today:

DateGMPListing GainKostakSubject to
29 February 2024₹1553.57%
28 February 2024₹1553.57%

Mukka Proteins Limited IPO Details:

Established in March 2003, Mukka Proteins Limited is a leading manufacturer of fish protein products. Our range includes fish meal, fish oil, and fish soluble paste, crucial ingredients for creating aqua feed (for fish and shrimp), poultry feed (for broilers and layers), and pet food (for dogs and cats).

We proudly export our products to more than 10 countries, such as Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

As of March 31, 2023, our dedicated team comprises 385 individuals across various departments, covering technical and support staff, administration, management, and operations.

With six operational facilities, four in India and two in Oman through our foreign subsidiary Ocean Aquatic Proteins LLC, we also manage three blending plants and five storage facilities, strategically located near the coast in India.

Certified by NQA and UKAS to ISO 22000:2018 and ISO 9001:2015 management system standards, we ensure the highest quality in our processes.

By December 31, 2022, we had established contractual arrangements with third-party manufacturing facilities in Sasihithlu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra), and Ratnagiri (Maharashtra) for a consistent supply of fishmeal and fish oil.

Mukka Proteins IPO More Details Click Here

Mukka Proteins IPO FAQs

When is Mukka Proteins IPO open?

Mukka Proteins IPO will open on 29 February 2024.

When is Mukka Proteins IPO Close?

Mukka Proteins IPO will be closed on 4 February 2024.

What is Mukka Proteins IPO GMP Today?

The Mukka Proteins IPO GMP aka Grey Market Premium is ₹15.

What is Mukka Proteins IPO Kostak Rates Today?

The Mukka Proteins IPO Kostak Rate is ₹000.

What is Mukka Proteins IPO Subject to Sauda Price Today?

The Mukka Proteins IPO subject to sauda rates is ₹000.

Mukka Proteins IPO Expected Returns?

The Mukka Proteins expected return is 53.57%.

How much will be the listing gain in Mukka Proteins IPO?

Mukka Proteins IPO will get listing gain of 53.57%. (Approx.)

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