247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Mukka Proteins Limited IPO (Mukka Proteins IPO) Details

Mukka Proteins Limited is an Agro based company, located in Bangalore, Mukka Proteins Limited IPO size was 224.00 Cr. and was issued at 28.00 per share. The share of Mukka Proteins Limited were listed at 42.26 per share and are currently trading at 37.11 per share.

Type :
Sub Sector : Manufacturing And Marketing Of Fish Meal Fish Oil
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1225.76 Cr.

PAT :
65.96 Cr.

Pricing Report

Issue Price :
28.00

Listing Price :
42.26

Current Market Price :
37.11

Issue Price vs CMP :
9.11 (32.54%)

listing Price vs CMP :
5.15 (12.19%)

Performance Report (CAGR* wise)

CAGR : 38.03
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Mukka Proteins

Company Information
Mukka Proteins Limited has consistently been awarded by MPEDA for its export performance over the last seven years, including recognition for outstanding performance in the export of fish meal, fish oil, and allied products for Fiscal 2021, Fiscal 2020, and Fiscal 2019 (Source: MPEDA). This recognition establishes the company as one of the key players in the Fish Protein industry in India. In Fiscal 2022, the company generated revenue of '6,928.87 million, contributing 45%-50% to the total estimated revenue of the Indian fish meal and fish oil industry, which was valued between '13,000 to '17,000 million (Source: CRISIL Report). Additionally, the company is among the first few Indian firms to commercialize insect meal and insect oil (collectively known as Insect Protein) as an ingredient for
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Object of Issue
  • Funding working capital requirements of the Company
  • Investment in the Associate, vizEnto Proteins Private Limited, for funding its working capital requirements and
  • General Corporate Purposes

Mukka Proteins MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2024
IPO Size :
224.00 Cr.
Market Cap :
840.00 Cr.   
IPO Subscription :
136.99 X     
PE Multiple :
0.00
IPO Registrar:
Cameo Corporate Services Limited

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FAQs

Mukka Proteins operates in Agro and Manufacturing And Marketing Of Fish Meal Fish Oil. The Issue is listed on MainBoard in Mar, 2024. Mukka Proteins IPO size was 224.00 Cr. with Issue price of 28.00 .

Merchant Banker(s) of Mukka Proteins IPO: Fedex Securities Private Limited

Mukka Proteins IPO subscription was 136.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Mukka Proteins IPO listed at a listing price of 42.26 against the offer price of 28.00.

The current market price of Mukka Proteins is 37.11.

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