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Mukka Proteins IPO

Mukka Proteins Limited is an animal protein company, primarily engaged in the production of Fish Meal, Fish Oil and Fish Soluble Paste as well as developing alternative proteins such as Black Soldier Fly (BSF) Insect meal in the animal food segment.

The issue comprises fresh issuance of 8 crore equity shares. There will not be any OFS by promoters nor a pre-IPO in question. The proceeds from the issue will be used for – working capital requirements, part re-payment of working capital limit, general corporate purposes and issue related expenses.

Issue price ₹ 61 - ₹ 65
Issue size ₹ 66 Cr
Face value ₹ 10/-
Bid lot 230 Shares
Listing at NSE & BSE

Financial Highlights

Particulars For the year/period ended (₹ in million)
  FY21 FY20 FY19
Revenue From Operation 6038.34 5492.48 4087.89
EBITDA 218.80 237.88 226.68
EBITDA Margin (%) 3.62 4.33 5.55
Profit After Tax 110.10 135.74 136.81
EPS 0.28 0.50 0.62
ROE NA NA NA

Why should you invest in the Mukka Proteins Ltd. IPO?

Here are our top reasons:

  • Aquaculture is one of the fastest-growing sectors worldwide, and India is the second largest farmed fish producer in the world after China holding more than 8% market share.
  • India is the global leader in shrimp exporting, capturing about 26% of the market size.
  • The company produces fishmeal and oil - the two most essential ingredients in Aquafeed.
  • The government has issued the Blue economic policy to further augment India’s Marine sector’s growth and drafted several guidelines to give impetus to Indian fishermen.

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Know before investing

Strengths

World class quality certified plant in strategic locations of Indias



In-house research & development (R&D)



Wide pan-India sales network with well-equipped and automated manufacturing facilities

Risks

The company operates in an environmentally sensitive industry and is subject to disruptions due to unpredictable or unseasonal weather



Failure to provide the specified quality of fish meal, fish oil and fish soluble paste



Widespread contamination due to man-made factors affecting the pelagic fish populations

How to open a Demat & Trading Account?

Frequently asked questions

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.