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 Name | Mukka Proteins Limited |
| Domain of Company | Fish Product Manufacturing |
| Mukka Proteins IPO GMP Today | ₹28 |
| Mukka Proteins IPO Listing Gain | 100.00% |
| Mukka Proteins IPO Open Date | February 29, 2024 |
| Mukka Proteins IPO Close Date | March 4, 2024 |
| Mukka Proteins IPO Allotment Date | March 5, 2024 |
| Mukka Proteins IPO Listing Date | March 7, 2024 |
| Face Value | ₹10 per share |
| Price | ₹26 to ₹28 per share |
| Lot Size | 535 Shares |
| Issue Size | 80,000,000 shares of ₹1 (aggregating up to ₹224.00 Cr) |
| Fresh Issue | 80,000,000 shares of ₹1 (aggregating up to ₹224.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Kalandan Mohammed Haris, Kalandan Mohammad Arif and Kalandan Mohammed Althaf |
Mukka Proteins IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹28 | 100.00% | – | – |
| 29 February 2024 | ₹15 | 53.57% | – | – |
| 28 February 2024 | ₹15 | 53.57% | – | – |
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.)
