Using an IPO, Mukka Proteins is seeking to raise 8 crore shares. Its price band is set at [.] to [.] per share. The minimum lot size for an application is 80,000,000 shares. The minimum amount of investment required by retail investors is [ ].
Mukka Proteins IPO GMP
The Mukka Proteins Limited IPO GMP is ₹[ ].
Mukka Proteins manufactures fish protein products. The company manufactures and distributes fish meal, fish oil, and fish-soluble paste. These items are essential in the production of aquafeed (for fish and prawns), poultry feed (for grilling and layering chickens) and pet food (for dogs and cats).
The company ships to over ten countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, the Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam. As of March 31, 2023, the company’s staff consisted of 385 people from various divisions, including skilled and unskilled labour, administration, management, and operations.
Mukka Proteins IPO Details
|Mukka Proteins IPO Dates||Coming soon|
|Mukka Proteins IPO Price||Coming soon|
|Fresh issue||80,000,000 shares|
|Offer For Sale||NIL|
|Total IPO size||80,000,000 shares|
|Minimum bid (lot size)||Coming soon|
|Face Value||INR 10 per share|
|Listing On||BSE, NSE|
Mukka Proteins Financial Performance
|FY 2020||FY 2021||FY 2022||Q3 FY 2023|
Mukka Proteins IPO Dates & Listing Performance
|Mukka Proteins IPO Opening Date||Coming soon|
|Mukka Proteins IPO Closing Date||Coming soon|
|Finalization of Basis of Allotment||Coming soon|
|Initiation of refunds||Coming soon|
|Transfer of shares to demat accounts||Coming soon|
|Mukka Proteins IPO Listing Date||Coming soon|
|Opening Price on NSE||Coming soon|
|Closing Price on NSE||Coming soon|
Mukka Proteins now maintains six manufacturing units, four of which are located in India and two of which are owned by its Foreign Subsidiary, Ocean Aquatic Proteins LLC, which is located in Oman. Furthermore, the corporation operates three blending plants and five storage facilities in India. All of these establishments are ideally located along the coastline. Mukka Proteins has an annualised combined manufacturing capacity of 115,050 metric tonnes per annum (MTPA) for fish meal, 16,950 MTPA for fish oil, and 20,340 MTPA for fish soluble paste as of 31 December 2022.
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Mukka Proteins IPO FAQs
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
The best way to apply in Mukka Proteins public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
Mukka Proteins IPO GMP today is INR NA per share.
Mukka Proteins kostak rate today is INR NA per application.
Mukka Proteins Subject to Sauda rate today is INR NA per application.