Mukka Proteins Limited

Company Profile
Company Name Mukka Proteins Limited
Open Date 29-02-2024
Close Date 04-03-2024
Exchange BSE, NSE
Lot Size 535 Shares
Issue Price ₹26 to ₹28 per share
Issue Size 8,00,00,000 shares
Application Amount Min. Inv. - ₹ 14,980 (535 shares) Max. Inv. – ₹ 194,740 (6,955shares)
Recommendation Apply

Mukka Proteins Limited was originally incorporated in the year 2003 and has its registered office in Mangaluru, Karnataka, India. The company is in the business of manufacturing 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). Company sells its products domestically and exports them to over 10 countries. Through its Associate, namely EPPL company entered the business of manufacturing and selling of insect meal and insect oil. As of September 30th, 2023, the Company had 414 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 353.92 392.29 575.16 641.17
Net Assets 69.05 103.07 155.84 188.60
Total Borrowings 159.19 173.48 254.82 317.72
Total Revenue 609.95 776.14 1,183.8 612.88
Profit After Tax 11.01 25.81 47.52 32.98

Tentative Timeline

Opening Date 29/02/2024
Closing Date 04-03-2024
Basis of Allotment 05-03-2024
Initiation of Refunds 06-03-2024
Credit of Shares to Demat 06-03-2024
Listing Date 07-03-2024

Objects of the Issue

Funding working capital requirements of the Company.
Investment in the Associate, viz. Ento Proteins Private Limited, for funding its working capital requirements.
General corporate purposes.

Contact Information

Registered Office Mukka Proteins Limited Mukka Corporate House, Door, No. 18-2-16/4, First Cross, NG Road, Attavar Dakshina, Kannada, Mangaluru – 575 001
Phone +918244252889

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 85.22%
Share Holding Post Issue (Promoters) 62.50%

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