Mukka Proteins IPO GMP, Price, Date, Allotment

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Mukka Proteins IPO GMP

Mukka Proteins IPO Description – Mukka Proteins operates as a producer of fish protein items. The company is involved in the production and distribution of fish meal, fish oil, and fish-soluble paste. These products serve as vital components in the creation of aqua feed (for fish and shrimp), poultry feed (for broiler and layer), and pet food (for dogs and cats).

The corporation ships its products to more than 10 countries, which encompass Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, the Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam. As of 31 March 2023, the company’s workforce consists of 385 individuals from diverse departments, spanning skilled and unskilled labor, administration, management, and operations.

At present, Mukka Proteins manages six manufacturing units, with four situated in India and two owned by its Foreign Subsidiary, Ocean Aquatic Proteins LLC, positioned in Oman. Furthermore, the company runs three blending facilities and five storage facilities, all of which are based in India. All these establishments are strategically positioned close to the coastline.

As of 31 December 2022, Mukka Proteins has an annualized 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.

Mukka Proteins IPO

Promoters of Mukka Proteins – Kalandan Mohammed Haris, Kalandan Mohammad Arif, and Kalandan Mohammed Althaf


Mukka Proteins IPO Details

Mukka Proteins IPO Dates29 February – 4 March 2024
Mukka Proteins Issue PriceINR 26 – 28 per share
Fresh issue80,000,000 shares (INR 224 crore)
Offer For SaleNIL
Total IPO size80,000,000 shares (INR 224 crore)
Minimum bid (lot size)525 shares (INR 14,700)
Face Value INR 1 per share
Retail Allocation35%
Listing OnBSE, NSE

Mukka Proteins Financial Performance

 FY 2020FY 2021FY 2022FY 2023H1 FY 2024
Revenue549.25603.83770.501,177.12606.04
Expenses537.01598.32741.181,119.32569.89
Net income13.5711.0125.8247.5332.98
Margin (%)2.471.823.354.045.44
Figures in INR Crores unless specified otherwise

Mukka Proteins Offer News


Mukka Proteins Valuations & Margins

FY 2020FY 2021FY 2022FY 2023
EPS0.600.411.102.00
PE ratio13.0 – 14.0
RONW (%)23.4013.9127.7534.19
NAV2.562.933.975.86
ROCE (%)9.655.8613.8617.62
EBITDA (%)5.765.277.048.01
Debt/Equity2.452.311.681.64
*Compiled by IPO Central from Prospectus

Mukka Proteins IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
23 February 202415
22 February 202412
21 February 202417

Mukka Proteins IPO Subscription – Live Updates

Coming soon


Mukka Proteins IPO Allotment Status

Mukka Proteins IPO allotment status will be available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.


Mukka Proteins IPO Dates & Listing Performance

IPO Opening Date29 February 2024
IPO Closing Date4 March 2024
Finalization of Basis of Allotment5 March 2024
Initiation of refunds6 March 2024
Transfer of shares to demat accounts6 March 2024
Mukka Proteins IPO Listing Date7 March 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

Mukka Proteins IPO Reviews – Subscribe or Avoid?

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Mukka Proteins Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email[email protected]
Website: www.fedsec.in


Mukka Proteins Offer Registrar

CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 5th Floor, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com


Mukka Proteins Contact Details

MUKKA PROTEINS LIMITED
Mukka Corporate House, Door No. 18-2-16/4,
First Cross, NG Road, Attavara, Dakshina Kannada,
Mangaluru 575001, Karnataka
Phone: +918244252889
Email: [email protected]
Website: www.mukkaproteins.com


Mukka Proteins Issue FAQs

How many shares in Mukka Proteins IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Mukka Proteins Public Offer?

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.

What is Mukka Proteins IPO GMP today?

Mukka Proteins IPO GMP today is INR 15 per share.

What is Mukka Proteins kostak rate today?

Mukka Proteins kostak rate today is INR NA per application.

What is Mukka Proteins Subject to Sauda rate today?

Mukka Proteins Subject to Sauda rate today is INR NA per application.

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