Mukka Proteins Limited
Mainboard₹14,980 / 535 Shares
Mukka Proteins Limited IPO Details
The Mukka Proteins Limited IPO price band is set between ₹26-28 per equity share, with a face value of ₹1 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Feb, 2024 and closes on 4 Mar, 2024. Investors can check the allotment status on 5 Mar, 2024, while the listing date is tentatively scheduled for 7 Mar, 2024.
The total issue size is 80,000,000 shares, aggregating up to ₹224.00 Cr. Stay tuned for the latest Mukka Proteins Limited IPO review and GMP updates.
Mukka Proteins Limited IPO Review, Rating & Analysis
Mukka Proteins Limited IPO Review
NO REVIEWMukka Proteins Limited IPO Rating
Mukka Proteins Limited IPO Highlights
IPO Date
Feb 29, 2024 - Mar 4, 2024
Listing Date
7 Mar, 2024
Face Value
₹1 Per Equity Share
Price Band
₹26-28 per equity share
Lot Size
535 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Mukka Proteins Limited IPO Lot Size
The minimum market lot for Mukka Proteins Limited IPO is 535 shares with an application amount of ₹14,980. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 535 | ₹14,980 |
| Retail (Max) | 13 | 6955 | ₹1,94,740 |
| S-HNI (Min) | 14 | 7490 | ₹2,09,720 |
| S-HNI (Max) | 66 | 35310 | ₹9,88,680 |
| B-HNI (Min) | 67 | 35845 | ₹10,03,660 |
Mukka Proteins Limited IPO Timeline
Issue Price
₹26-28 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Cameo Corporate Services LimitedLead Manager
Fedex Securities Pvt LtdIssue Size
80,000,000 shares(aggregating up to ₹224.00 CrMukka Proteins Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 575.16 | 1183.80 | 47.53 | 128.92 | 112.57 | 254.83 |
| 31 Mar 22 | 392.30 | 776.15 | 25.82 | 87.25 | 68.51 | 173.50 |
| 31 Mar 21 | 353.93 | 609.95 | 11.01 | 64.54 | 60.80 | 159.19 |
All values are in ₹ Cr.
Mukka Proteins Limited IPO Valuations
EPS Pre IPO
₹2.16/-EPS Post IPO
₹2.20/-PE Pre IPO
12.96PE Post IPO
12.73ROE
36.71%ROCE
17.62%Debt Equity
1.64RoNW
34.19%PAT Margin
-Price to Book Value
4.78Promoters & Share Holding
Promoter(s) Name
- Kalandan Mohammed Haris
- Kalandan Mohammad Arif
- Kalandan Mohammed Althaf
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | N/A% |
About Company
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.
Mukka Proteins Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 16,000,435 | 12,000,000 8,000,000 4,000,000 | 28,000,000 | 56,000,435 |
Day 1 -29-02-24 05:00 PM | 1.01 x | 1.55 0.71 x 3.24 x | 3.70 x | 2.47 x |
Day 2 -01-03-24 05:00 PM | 1.86 x | 6.22 3.12 x 12.41 x | 10.21 x | 6.97 x |
Day 3 -04-03-24 05:00 PM | 189.28 x | 250.26 254.15 x 242.48 x | 58.36 x | 136.89 x |
Frequently Asked Questions about Mukka Proteins Limited IPO
When will Mukka Proteins Limited IPO open for subscription?
The Mukka Proteins Limited IPO opens on 29 Feb, 2024 and closes on 4 Mar, 2024.
What is the investors portion for Mukka Proteins Limited IPO?
The investors' portion for QIB is 189.28 x, NII is 254.15 x, and Retail is 58.36 x.
How to apply for Mukka Proteins Limited IPO?
You can apply for Mukka Proteins Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mukka Proteins Limited IPO?
The issue size of Mukka Proteins Limited IPO is approx ₹80,000,000 shares(aggregating up to ₹224.00 Cr crores.
What is the price band of Mukka Proteins Limited IPO?
The price band for Mukka Proteins Limited IPO is ₹26 to ₹28 per equity share.
What is the lot size of Mukka Proteins Limited IPO?
The minimum bid (lot size) for Mukka Proteins Limited IPO is N/A shares with an investment of approx ₹14,980 .
What is the allotment date of Mukka Proteins Limited IPO?
The allotment date for Mukka Proteins Limited IPO is 5 Mar, 2024.
What is the listing date of Mukka Proteins Limited IPO?
The listing date for Mukka Proteins Limited IPO is expected to be 7 Mar, 2024.
What is the GMP of Mukka Proteins Limited IPO?
The latest Grey Market Premium (GMP) for Mukka Proteins Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.