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Mukka Proteins

Mukka Proteins manufactures products containing fish protein. Fish meal, fish oil, and fish-soluble paste are produced and distributed by the business. These goods are essential to the production of pet food (for dogs and cats), aqua feed (for fish and shrimp), and poultry feed (for broiler and layer).

More than ten nations—Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, the Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam—are among those to which the company exports goods. The company employed 385 people as of March 31, 2023, in a variety of disciplines, including skilled and unskilled labor, administration, management, and operations. Currently, Mukka Proteins oversees six production facilities: two are held by its foreign subsidiary, Ocean Aquatic Proteins LLC, which is based in Oman, while the remaining four are located in India. In addition, the corporation has five storage facilities and three blending facilities, all located in India. These businesses are all arranged in a tactical manner along the coast.

Mukka Proteins can produce 115,050 metric tonnes per annum (MTPA) of fish meal, 16,950 MTPA of fish oil, and 20,340 MTPA of fish soluble paste annually as of December 31, 2022.

Mukka Proteins IPO Details

Signature Global IPO Details
Mukka Proteins IPO Dates
29 February – 4 March 2024
Mukka Proteins Issue Price
INR 26 – 28 per share
Fresh issue
80,000,000 shares (INR 224 crore)
Offer For Sale
NIL
Total IPO Size
80,000,000 shares (INR 224 crore)
Minimum bid (size)
525 shares (INR 14,700)
Face Value
INR 1 per share
Retail Allocation
35%
Listing On
BSE, NSE

Mukka Proteins Financial Performance

Signature Global Financial Performance

FY20

FY21

FY22

FY 23

9M FY 24

Revenue

549.25

608.83

770.50

1,177.12

606.04

Expenses

537.01

598.32

741.18

1,119.32

569.89

Net income

13.57

11.01

25.82

47.53

32.98

Margin (%)

2.47

1.82

3.35

4.04

5.44

Figures in INR Crore unless specified otherwise

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