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    5. MUKKA

    Mukka Proteins Limited

    CLOSED

    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

    View IPO Document

    Schedule of Mukka Proteins Limited

    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

    Issue size

    Funds Raised in the IPOAmount
    Overall224 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date5 Mar 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    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.

    DateIpo PriceGMPEstimated Listing Price

    Performance Mukka Proteins Limited

    Issue PriceListing GainCurrent Market PriceP/L
    26 to 28₹ 40 (50.89%) ₹ 34.7324.04%

    About Mukka Proteins Limited

    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 in2003
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)189.28
        Non-Institutional Investors (NIIs)250.39
        Retail Individual Investors (RIIs)58.52
        EmployeeN/A
        Total136.99