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
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
Funds Raised in the IPO | Amount |
---|---|
Overall | 224 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 5 Mar 2024 |
Allotment Link | {Link} |
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.
Date | Ipo Price | GMP | Estimated Listing Price |
---|
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
26 to 28 | ₹ 40 (50.89%) | ₹ 34.73 | 24.04% |
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 in | 2003 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 189.28 |
Non-Institutional Investors (NIIs) | 250.39 |
Retail Individual Investors (RIIs) | 58.52 |
Employee | N/A |
Total | 136.99 |