Mukka Proteins Limited IPO
Mukka Proteins Limited was a mainboard IPO in the Animal Feed sector, offered at ₹26–₹28 per share to raise ₹224 crore. The issue was subscribed 136.99× overall (QIBs 189.28×, NIIs 250.38×, retail 58.52×). It listed on 7 Mar 2024 at ₹40 and closed its first day at ₹42, a listing gain of +50.9% versus the ₹28 issue price. It now trades around ₹24 (-13.0% versus the issue price).
Frequently asked questions
- How many times was the Mukka Proteins Limited IPO subscribed?
- The Mukka Proteins Limited IPO was subscribed 136.99× overall — 189.28× in the QIB category, 250.38× among non-institutional investors, 58.52× in retail.
- What were the Mukka Proteins Limited IPO listing gains?
- Mukka Proteins Limited listed on 7 Mar 2024 at ₹40, closing its first day at ₹42 — a listing gain of +50.9% versus the ₹28 issue price.
- What were the retail allotment odds for the Mukka Proteins Limited IPO?
- Retail was subscribed 58.52×, so a single-lot application had roughly a 1.7% chance of allotment (about 1 in 59), and allotment was finalised on 5 Mar 2024.
- What was the price band and lot size of the Mukka Proteins Limited IPO?
- The price band was ₹26–₹28 per share, with a minimum lot of 535 shares (₹14,980 at the upper band).
- Who were the registrar and lead manager for the Mukka Proteins Limited IPO?
- Cameo Corporate Services Limited was the registrar, and Fedex Securities was the book-running lead manager.