Mukka Proteins’ IPO is a book-built issue of Rs 224.00 crores. The issuance is wholly new, with 8 crore shares available.
Mukka Proteins’ initial public offering (IPO) will be available for subscription on February 29, 2024 and close on March 4, 2024. The allotment for the Mukka Proteins IPO is planned to be completed on Tuesday, March 5, 2024. Mukka Proteins’ IPO will be listed on the BSE and NSE, with a preliminary listing date set for Thursday, March 7, 2024.
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 investment for retail investors is ₹14,980. The minimum lot size investment for sNII is 14 lots (7,490 shares) for ₹209,720, while for bNII, it is 67 lots (35,845 shares) worth ₹1,003,660.
Mukka Proteins IPO Details
| IPO Date | February 29, 2024 to March 4, 2024 |
| Listing Date | [.] |
| Face Value | Rs 1 per share |
| Price Band | Rs 26 to Rs 28 per share |
| Lot Size | 535 Shares |
| Total Issue Size | 80,000,000 shares (aggregating up to Rs 224.00 Cr) |
| Fresh Issue | 80,000,000 shares (aggregating up to Rs 224.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 220,000,000 |
| Share holding post issue | 300,000,000 |
Mukka Proteins IPO Timeline
| IPO Open Date | Thursday, February 29, 2024 |
| IPO Close Date | Monday, March 4, 2024 |
| Basis of Allotment | Tuesday, March 5, 2024 |
| Initiation of Refunds | Wednesday, March 6, 2024 |
| Credit of Shares to Demat | Wednesday, March 6, 2024 |
| Listing Date | Thursday, March 7, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 4, 2024 |
Mukka Proteins IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 535 | Rs 14,980 |
| Retail (Max) | 13 | 6955 | Rs 194,740 |
| S-HNI (Min) | 14 | 7,490 | Rs 209,720 |
| S-HNI (Max) | 66 | 35,310 | Rs 988,680 |
| B-HNI (Min) | 67 | 35,845 | Rs 1,003,660 |
