Mukka Proteins IPO GMP: Investors purchased on speed the IPO as soon as it opened, full subscription on the first day, 100% profit! The price band of Mukka Proteins IPO has been fixed at Rs 26 to Rs 28 per share. Unfold Inside...
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Mukka Proteins IPO GMP: Investors purchased on speed the IPO as soon as it opened, full subscription on the first day, 100% profit! The price band of Mukka Proteins IPO has been fixed at Rs 26 to Rs 28 per share. The company has made a lot of 535 shares. Therefore, investors will have to bet at least Rs 14,980.
Mukka Proteins IPO Detials: Mukka Proteins IPO has received a good response from investors on the first day. It was subscribed 2.67 times on the first day. The IPO was subscribed 4.07 times in the retail category, 1.01 times in the qualified institutional buyers category and 1.60 times in the non-institutional investors category. Let us tell you, the company is doing great in the grey market.
About Mukka Proteins Company
Mukka Proteins is engaged in the business of manufacturing fish protein. Under this, it manufactures and supplies fish meal, fish oil and other products. It also deals in pet food and poultry feed. The company's products are sold in 10 countries outside India. These countries include Bahrain, Chile, Indonesia, Malaysia, the Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan and Vietnam.
Price band from Rs 26 to Rs 28 per share
The price band of Mukka Proteins IPO has been fixed at Rs 26 to Rs 28 per share. The company has made a lot of 535 shares. Therefore, investors will have to bet at least Rs 14,980. At the same time, a retail investor will have to bet a maximum of 6955 shares.
Mukka Proteins IPO details
Mukka Proteins IPO details to be open from February 29 to March 4 Price band: Rs 26-28 per share Issue size: Rs 224 crore Lot size: 535 shares and the listing will be take place on March 7, 2024
Mukka Proteins GMP Today
According to the report of Investor Gain, the company's performance in the grey market is excellent. The company is trading at a premium of Rs 28 in the grey market today. That is, investors got a profit of Rs 28 on the first day. If this happens, investors can get 100 per cent benefit on the first day.
Mukka Proteins IPO Size
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Mukka Proteins IPO is valued at Rs 224 crore. The company will issue up to 8 crore shares through the IPO. The allotment of shares by the investors will be done on March 5, 2024. At the same time, the listing of the company in the stock markets is possible on March 7, 2024.
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