Mukka Proteins IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Mukka Proteins IPO is going to open soon. So I will give you complete information about Mukka Proteins IPO here on IPO India.

On this article I will inform you about Mukka Proteins IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Mukka Proteins Limited

Established in March 2003, Mukka Proteins Limited specializes in the manufacture of fish protein products. The company manufactures and delivers critical ingredients such as fish meal, fish oil and fish soluble paste, which are required to manufacture aqua feed (for fish and shrimp), poultry feed (for broilers and layers), and pet food (for dogs). cats).

With a global reach, the company exports its products to more than 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 has a workforce of 385 persons across various departments, including technical and support staff, administration, management and operations.

Currently, the company operates six manufacturing facilities, four located in India and two with its overseas subsidiary, Ocean Aquatic Proteins LLC, located in Ocean. In addition, three fusion plants and five storage facilities are operational in India, strategically located along the coast.

Certified by NQA and UKAS Management Systems, the company adheres to ISO 22000:2018 and ISO 9001:2015 standards.

As of December 31, 2022, the Company has entered into formal agreements with third-party manufacturing facilities at Sasihithalu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra) and Ratnagiri (Maharashtra) for procurement of fishmeal and fish oil.

Mukka Proteins IPO GMP

About Mukka Proteins IPO

Here is some information about Mukka Proteins IPO which will help you in making a decision to invest in Mukka Proteins IPO. It appears to be a book-built offer with a total value of Rs ₹[_] crore, including 8 Crore share offer for sale in full.

Summary of the key details

• Issue Size: Rs [_] crores
• Offer for Sale: 8 Crore shares
• Subscription Period: TBA
• Allotment Date: TBA
• Listing Date: TBA

Price Range of Mukka Proteins IPO

• ₹[_] to ₹[_] per share

Lot Size of Mukka Proteins IPO

• Minimum Lot: [_] Shares.
• Minimum Investment for Retail Investors: ₹[_]

Minimum Lot Size Investments for Mukka Proteins IPO

• HNI: [_] lots ([_] shares), amounting to ₹[_].

This information provides potential investors with the details they need to participate in the Mukka Proteins IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Mukka Proteins IPO

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Valuations of Mukka Proteins IPO

Mukka Proteins Financial Information

Promoter(s)

Company Promotor(s):-

1. Kalandan Mohammed Haris
2. Kalandan Mohammed Arif
3. Kalandan Mohammed Althaf

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Issue Objective(s)

• Funding working capital requirements of the Company
• Investing in the Associate, viz. Ento Proteins Private Limited, for funding its working requirements
• General Corporate Purposes

Mukka Proteins IPO Registrar

Mukka Proteins IPO Review

The Mukka Proteins IPO represents an attractive investment opportunity in the ever-expanding market for fish protein products. Established in 2003, Mukka Proteins Limited has established a strong global presence by exporting its vital ingredients to more than 10 countries. Specializing in fish meal, fish oil and fish soluble paste, the company plays a crucial role in the production of aqua feed, poultry feed and pet food. With a diverse workforce of 385 individuals and certifications from NQA and UKAS management systems, Mukka Proteins emphasizes quality and adherence to international standards.

IPO Details Rs. [_] denotes a book-built offer with an issue size of crores, including 8 crore shares for sale. The price range per share is set at ₹[_] to ₹[], with a minimum lot size of [_] shares and a minimum investment of ₹[_] for retail investors. While the exact subscription period and listing dates are yet to be announced, potential investors should consider the company’s financials, including the latest net asset value and profit after tax.

Conclusion

In conclusion, given the company’s established market presence, global reach and focus on critical elements in the food production chain, the Mukka Proteins IPO appears to be a promising opportunity. However, as with any investment, it is important for individuals to conduct their due diligence, considering the inherent risks associated with IPOs. It is advisable to consult financial professionals or do thorough research before making any investment decisions.

Happy investing!

Mukka Proteins IPO FAQs