The Mukka Proteins IPO started on February 29, 2024, and ended on March 4, 2024. Shares were allocated on March 5, 2024, and refund processes began on March 6, 2024. On March 6, 2024, the shares were credited to investors demat accounts. Mukka Proteins was officially listed on the stock exchange on March 7, 2024.
During the IPO, Mukka Proteins offered shares at a price range of ₹26 to ₹28 per share, and the lot size was 535 shares. The total issue size was ₹224.00 crores, with ₹224.00 crores from new shares. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Mukka Proteins IPO Subscription Update Video
Mukka Proteins IPO Subscription Status
The Mukka Proteins IPO on March 4, 2024 was subscribed 136.99 times, with the retail category being subscribed 58.52 times, the NII (Non-Institutional Investor) category being subscribed 250.39 times, the QIB (Qualified-Institutional Buyers) category being subscribed 189.28x times.
| Category | Subscription |
| QIB | 189.28x |
| NII | 250.39x |
| Retail | 58.52x |
| Total | 136.99x |
Mukka Proteins IPO Basic Details
| Company Name | Mukka Proteins Limited |
| Domain of Company | Fish Product Manufacturing |
| 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 |
About Mukka Proteins Limited
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 components for creating aqua feed (for fish and shrimp), poultry feed (for broilers and layers), and pet food (for dogs and cats).
Our products are exported to over 10 countries, spanning Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.
As of March 31, 2023, our workforce comprises 385 individuals across diverse departments such as technical and support staff, administration, management, and operations.
With six production facilities in operation, four in India and two in Oman through our foreign subsidiary Ocean Aquatic Proteins LLC, we also run three blending plants and five storage facilities—all strategically positioned along the coast in India.
Mukka Proteins Limited holds certifications from NQA and UKAS for ISO 22000:2018 and ISO 9001:2015 management system standards.
Additionally, by December 31, 2022, the company has established contractual agreements with third-party manufacturing facilities in Sasihithlu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra), and Ratnagiri (Maharashtra) to ensure a steady supply of fishmeal and fish oil.
Mukka Proteins IPO Should you subscribe?
Mukka Proteins IPO More Details Click Here
Mukka Proteins IPO FAQs
What is the start and end date of Mukka Proteins IPO Subscription?
The Mukka Proteins IPO started on February 29, 2024, and ended on March 4, 2024.
When does Mukka Proteins IPO Subscription open?
The Mukka Proteins IPO open on February 29, 2024.
When does Mukka Proteins IPO Subscription close?
The Mukka Proteins IPO Close on March 4, 2024.
What is the allotment date of Mukka Proteins IPO?
The allotment date for Mukka Proteins IPO is March 5, 2024.
When is the initial refund date of Mukka Proteins IPO?
The initial Refund date for Mukka Proteins IPO is March 6, 2024.
When were the shares credited to investors demat accounts for the Mukka Proteins IPO?
The shares for the Mukka Proteins IPO were credited to investors demat accounts on March 6, 2024.
When will Mukka Proteins IPO be listed on the stock market?
Mukka Proteins IPO stock market will be listed on March 7, 2024 at 10 am.
What was the price range of the Mukka Proteins IPO shares?
The Mukka Proteins IPO shares were offered at a price range of ₹26 to ₹28 per share.
What was the lot size for the Mukka Proteins IPO shares?
The lot size for the Mukka Proteins IPO shares was 535 shares.
What was the total issue size of the Mukka Proteins IPO?
The total issue size of the Mukka Proteins IPO was ₹224.00 crores.
How were the shares allocated among different types of investors for the Mukka Proteins IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Mukka Proteins IPO listed?
The Mukka Proteins IPO was listed on both the NSE and BSE.
What is the Mukka Proteins IPO Subscription Status?
Mukka Proteins IPO is subscribed 136.99 Times.
