Mukka Proteins Limited IPO
- IPO Date29 Feb, 2024 to 04 Mar, 2024
- Listing Date07 Mar, 2024
- Face Value₹1 per share
- Issue Price₹26 to ₹28 per share
- Lot Size535 Shares
- Minimum Investment₹14,980
- Listing AtBSE, NSE
- Total Issue Size8,00,00,000 Shares
(aggregating up to ₹224.00 Cr) - Fresh Issue8,00,00,000 Shares
(aggregating up to ₹224.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue22,00,00,000
- Shareholding post issue30,00,00,000
IPO Dates
Closing Date
04 Mar, 2024
Initiation of Refunds
06 Mar, 2024
Listing Date
07 Mar, 2024
29 Feb, 2024
Opening Date
05 Mar, 2024
Basis of Allotment
06 Mar, 2024
Credit of Shares
Mukka Proteins Limited Lot Size
Investors can bid for a minimum of 535 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 535 | ₹14,980 |
| B-HNI (Min) | 67 | 35845 | ₹10,03,660 |
| Retail (Max) | 13 | 6955 | ₹1,94,740 |
| S-HNI (Max) | 66 | 35310 | ₹9,88,680 |
| S-HNI (Min) | 14 | 7490 | ₹2,09,720 |
Mukka Proteins Limited Promoter Holding
The Promoters of the Company are Kalandan Mohammed Haris, Kalandan Mohammad Arif and Kalandan Mohammed Althaf.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Mukka Proteins Limited COMPANY INFORMATION
Mukka Proteins IPO is a book built issue of Rs 224.00 crores. The issue is entirely a fresh issue of 8 crore shares. Mukka Proteins IPO bidding started from February 29, 2024 and ended on March 4, 2024. The allotment for Mukka Proteins IPO was finalized on Tuesday, March 5, 2024. The shares got listed on BSE, NSE on March 7, 2024. Mukka Proteins IPO price band is set at ₹26 to ₹28 per share. The minimum lot size for an application is 535 Shares. The minimum amount of investment required by retail investors is ₹14,980. The minimum lot size investment for sNII is 14 lots (7,490 shares), amounting to ₹209,720, and for bNII, it is 67 lots (35,845 shares), amounting to ₹1,003,660. Fedex Securities Pvt Ltd is the book running lead manager of the Mukka Proteins IPO, while Cameo Corporate Services Limited is the registrar for the issue. Refer to Mukka Proteins IPO RHP for detailed information.
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.
FAQs About Mukka Proteins Limited Ipo
Mukka Proteins Limited IPO will open on 29 Feb, 2024 and close on 04 Mar, 2024. Investors must apply within this period to participate.
The Mukka Proteins Limited IPO price band is set between ₹26.00 and ₹28.00 per share. The minimum lot size is 535, requiring an investment of at least ₹14980.00.
The Mukka Proteins Limited IPO shares are expected to be listed on 07 Mar, 2024, subject to regulatory approvals and final allotment.
You can track your Mukka Proteins Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Mukka Proteins Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.