Mukka Proteins
Mukka Proteins Info
Details about the Mukka Proteins IPO. Opening Date of Mukka Proteins is 29 Feb 24 and Closing Date is 04 Mar 24 . Face Value of Each share of Mukka Proteins is ₹10 per share. Price band of Mukka Proteins is ₹26 to ₹28. The Lot size of Mukka Proteins is 535 shares. Total issue size of Mukka Proteins IPO is ₹224 cr. Fresh Issue of Mukka Proteins IPO is 224 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Mukka Proteins is 220,000,000. Share Holding Post Issue of Mukka Proteins is 300,000,000.
Business Summary
Mukka Proteins manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food).
Further, fish oil also finds its application in pharmaceutical products (additionally, the EPA-DHA extraction is used as an ingredient in nutraceuticals), soap manufacturing, leather tanneries & paint industries. Mukka Proteins sell their products domestically and also exports them to over 10 countries. Company, through their Associate, namely EPPL entered the business of manufacturing and selling of insect meal and insect oil
Mukka Proteins IPO Details
| Open Date | 29 Feb 24 |
|---|---|
| Close Date | 04 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹26 - ₹28 |
| Lot Size | 535 Shares |
| Total issue Size | 80,000,000 Shares ₹224 cr |
| Fresh Issue | 80,000,000 Shares ₹224 cr |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 220,000,000 |
| Share Holding Post Issue | 300,000,000 |
| RHP , DHRP | View RHP, View DRHP |
Mukka Proteins IPO Timeline
The Mukka Proteins Initial Public Offering (IPO) is set to open on 29 Feb 24 and will end its subscription phase on 04 Mar 24. You can check your allotment status for Mukka Proteins on 05 Mar 24. The refund process for your funds will start promptly on 06 Mar 24. Mukka Proteins IPO credit of shares will be on 06 Mar 24. The listing date for Mukka Proteins is on 07 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Mukka Proteins IPO Reservation
The Mukka Proteins IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Mukka Proteins IPO Lot Size
Bids can be made for minimum of 535 shares and in multiple of 535 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 535 | 14,980 |
| Retail (Max) | 13 | 6,955 | 194,740 |
| S-HNI (Min) | 14 | 7,490 | 209,720 |
| S-HNI (Max) | 66 | 35,310 | 988,680 |
| B-HNI (Min) | 67 | 35,845 | 1,003,660 |
Mukka Proteins IPO Promoters Holding
Promoters holding details for Mukka Proteins in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to -%.
Promoters of Mukka Proteins are Kalandan Mohammed Haris, Kalandan Mohammad Arif, Kalandan Mohammed Althaf,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | -% |
Mukka Proteins Financial Information
Financial performance details for Mukka Proteins over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 641.18 | 575.16 | 392.3 | 353.93 |
| Revenue | 612.88 | 1,183.8 | 776.15 | 609.95 |
| Profit After Tax | 32.98 | 47.53 | 25.82 | 11.01 |
Mukka Proteins IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Mukka Proteins are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 12.96 |
| ROCE | 17.62% |
| ROE | 36.71% |
| RoNW | 34.19% |
| EPS (Rs) | 2.16 |
Object of the Issue
- • Funding working capital requirements of the Company
- • Investment in Associate, viz. Ento Proteins Private Limited, for funding its working capital requirements
- • General Corporate Purpose
Contact Details for Mukka Proteins
Phone
Office
Mukka Corporate House, Door, No. 18-2-16/4, First Cross, NG Road, Attavar Dakshina, Kannada, Mangaluru – 575 001
Registrar Details for Mukka Proteins
Cameo Corporate Services Limited
Phone
Office
Subramanian Building, Club House Road, Chennai 600 002 - India
Lead Manager
- • Fedex Securities Pvt Ltd