Mukka Proteins IPO Closes Today: Should You Subscribe?

 


Mukka Proteins, a manufacturer of fish meal, fish oil, and fish soluble paste used in aqua, poultry, and pet food, seeks to raise ₹225 crores through its mainboard IPO priced at ₹26-₹28 per share with a lot size of 525. 
The company's fish oil also finds application in pharmaceuticals, soap, leather, and paint industries.

Mukka Proteins IPO Promoter Holding

The Promoters of the Company are Kalandan Mohammed Haris, Kalandan Mohammad Arif and Kalandan Mohammed Althaf.

Leading investment firm Fedex Securities Pvt Ltd is managing the public offering of Mukka Proteins, while Cameo Corporate Services Limited acts as the official registrar for the IPO.

Mukka Proteins IPO opens on February 29, 2024, and closes on March 4, 2024.

 

Mukka Proteins intends to use the IPO proceeds for:

  • Funding its working capital needs.
  • Supporting the working capital of its subsidiary, Ento Proteins Private Limited.
  • General corporate purposes.


What is Mukka Proteins IPO GMP Today?

The Mukka Proteins IPO GMP aka Grey Market Premium is ₹25

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