Mukka Proteins IPO Details, Date, Review, Price

Mukka Protein IPO Details, Date, Review, Price

OUR BUSINESS

Mukka Proteins believes that we are one of the key players in the Fish Protein industry in India. In Fiscal 2022, of the total estimated revenue of the Indian fish meal and fish oil industry of ₹13,000 to ₹17,000 million, the revenue of our Company was ₹6,928.87 million thus, being a 45%- 50% contributor to the estimated revenue of the Indian fish meal and fish oil industry for the corresponding period.

Mukka Proteins IPO Subscription Status Today

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Mukka Proteins is also amongst the first few Indian companies to have commercialized insect meal and insect oil (collectively “Insect Protein”) as an ingredient for aqua feed, animal feed, and pet food. Fish Protein and Insect Protein are hereinafter, collectively, referred to as “Animal Protein”.Our Company was originally formed as a partnership firm constituted under the Indian Partnership Act, of 1932 under the name “Mukka Sea Foods Industries” under a deed of partnership dated March 13, 2003.

MUKKA PROTEINS IPO DATE & PRICE BAND DETAILS

IPO Open Date February 29, 2024
IPO Close DateMarch 4, 2024
IPO SizeApprox ₹224 Crores
IPO Face Value ₹1 Per Equity Share
IPO Price Band ₹26 to ₹28 Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

OBJECTS OF THE ISSUE

  1. Funding working capital requirements of our Company.
  2. Investment in our Associate, viz. Ento Proteins Private Limited, for funding its working capital requirements.
  3. General Corporate Purpose.

MUKKA PROTEINS MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum1535₹14,980
Retail Maximum136,955₹194,740
S-HNI Minimum147,490₹205,800
B-HNI Minimum6735,845₹1,003,660

OUR PROMOTERS

  • Kalandan Mohammed Haris
  • Kalandan Mohammad Arif
  • Kalandan Mohammed Althaf

Mukka Proteins IPO GMP TODAY LIVE RATES & KOSTAK RATES

IPO GMP DATEGMP PRICEIPO PRICESUBJECT TO SAUDA RATE
Feb-25-202415
Feb-26-2024------
Feb-27-2024------
Feb-28-2024-----

QUALITATIVE FACTOR

  1.  Our position as a leading manufacturer and exporter of Fish Protein products.
  2.  Established customer base and strong relationships.
  3.  Strategically located processing facilities.
  4.  Entry Barriers.
  5.  Strong and consistent financial performance.
  6.  Focus on Quality, Environment, Health and Safety (QEHS).
  7.  Experienced Promoter Directors with extensive domain knowledge.

MUKKA PROTEINS IPO ALLOTMENT & LISTING DATE (DETAILS)

Anchor Investor AllotmentFeb 28, 2024
IPO Open DateFeb 29, 2024
IPO Close DateMarch 4, 2024
Basis of AllotmentMarch 5, 2024
RefundsMarch 6, 2024
Credit to Demat AccountMarch 6, 2024
IPO Listing DateMarch 7, 2024

MUKKA PROTEINS FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023₹1183.80₹1119.32₹47.52
2022₹776.14₹741.18₹25.82
2021₹609.95₹598.31₹11.01

BASIC & DILUTED EARNINGS PER EQUITY SHARE (“EPS”)

Financial Year EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 20221.101.103
March 31, 20210.410.412
March 31, 20200.600.601
Weighted Average0.790.79

MUKKA PROTEINS COMPANY CONTACT DETAILS

Mukka Corporate House
Door No. 18-2-16/4, First Cross, NG Road
Attavara, Dakshina Kannada
Mangaluru – 575001, Karnataka, India
Tel No: +91 8244252889
Email: cs@mukkaproteins.com
Investor Grievance ID: investors@mukkaproteins.com
Website: www.mukkaproteins.com

MUKKA PROTEINS IPO REGISTAR

Cameo Corporate Services Limited
Subramanian Building,
5th Floor No. 1 Club House Road
Chennai – 600 002, India
Tel: +914440 0207 00 (5 lines)
Email: priya@cameoindia.com
Investor Grievance Email: mukka@cameoindia.com
Website: www.cameoindia.com
Contact Person: K Sreepriya

MUKKA PROTEINS LEAD MANAGER

FedEx Securities Private Limited
B 7, 3rd Floor, Jay Chambers
Dayaldas Road, Vile Parle (East)
Mumbai Maharashtra – 400 057, India
Tel: +91 8104985249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Investor Grievance E-mail: mb@fedsec.in
Contact Person: Saipan Sanghvi

 

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