Mukka Proteins Limited IPO IPO

Mukka Proteins IPO price band is set at ?26 to ?28 per share. The minimum lot size for an application is 535 Shares. The minimum amount of investment required by retail investors is ?14,980. The minimum lot size investment for sNII is 14 lots (7,490 shares), amounting to ?209,720, and for bNII, it is 67 lots (35,845 shares), amounting to ?1,003,660.

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Incorporated in March 2003, Mukka Proteins Limited manufactures fish protein products. The company produces and supplies fish meal, fish oil and fish soluble paste, which are essential ingredients for the production of aqua feed (for fish and shrimp), poultry feed (for broilers and layers) and pet food (for dog and cat food). The company exports its products to over 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 employed 385 people from various departments, including technical and support staff, administration, management and operations. The company currently operates six production facilities, including four in India and two in Oman, which are held by its foreign subsidiary Ocean Aquatic Proteins LLC. In addition, the company operates three blending plants and five storage facilities, all of which are located in India. All of the company's facilities are strategically located near the coast. The company is certified by NQA and UKAS to ISO 22000:2018 and ISO 9001:2015 management system standards. As of December 31, 2022, the company has contractual arrangements with third-party manufacturing facilities in Sasihithlu (Karnataka), Udupi (Karnataka), Taloja (Maharashtra) and Ratnagiri (Maharashtra) for the supply of fishmeal and fish oil. Read more

How do I apply for the Mukka Proteins Limited IPO IPO?

You can apply for the Mukka Proteins Limited IPO IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.