IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Mukka Proteins has filed DRHP with SEBI seeking approval to offload up to 8 crore equity shares with a face value of Rs 1 per share. Mukka Proteins Limited manufactures animal protein, including a wide range of animal food.

Mukka Protein Ltd. caters to the aquaculture industry, one of the world’s fastest-growing food sectors.

The company produces Fish Meal, Fish Oil, and Fish Soluble Paste, alternative proteins like Black Soldier Fly (BSF) Insect meal in the animal food category. They ranked 350 in Financial Times FT1000 High Growth Companies Asia Pacific 2021 edition. 

Mukka Proteins Ltd. Objective 

  • The company wants to use the net proceeds from the public issue to meet working capital requirements, part repayment of the working capital limit, and general corporate purposes.

Why should you invest in 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.

Competitive Peers

None of the listed companies in India offers products or services across the various business segments Mukka Protein operates. Hence, a strict comparison isn’t possible.

IPO Financials

Particulars 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

Know before investing


  1. The group is well positioned to bring the government's vision into reality and play a key role in India's blue economy.

  2. The company is well positioned to leverage its position as one of the earliest innovators in the alternative protein space.

  3. The Company aims to expand its Fish Meal and Fish Oil business worldwide by diversifying into Insect meal production and as the world's most diversified animal protein producer.


  1. There are pending legal cases against the company/subsidiaries/ company's directors, which can negatively impact future cash flow.

  2. A large portion of their revenue comes from exports, meaning they are exposed to significant exchange rate-related risks.

  3. They operate in an environmentally sensitive industry, subjected to disruptions due to unpredictable or unseasonal weather.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Mukka Proteins IPO FAQs

What is Mukka Proteins Ltd. IPO?

The company will issue a public offer consisting of 8 crore equity shares with face value of Rs 1 per share.

When will Mukka Proteins Ltd. IPO allotment be available?

Details not available.

What will be Mukka Proteins Ltd. IPO lot size?

Details not available.

When will Mukka Proteins Ltd. IPO open for subscription?

Details not available.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Mukka Proteins Ltd. list on exchanges?

It usually takes ten working days from the last day of subscription to list the IPO on the bourses.

How to check the allotment status of Mukka Proteins Ltd. IPO?

Angel One customers can log in to their accounts to check Mukka Proteins Ltd. IPO allotment status.

When checking the allotment status, keep your application, DP ID, and PAN number ready.

What would be the listing gains on Mukka Proteins Ltd. IPO?

Listing gain is the difference between the IPO’s opening and offer prices.

The listing gain results from changing investors’ interests, global parameters, and short vs long-term outlooks.

I have finished the application process for Mukka Proteins Ltd. IPO, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.

How to approve the UPI mandate request for Mukka Proteins Ltd. IPO?

Login to your UPI handle and approve the payment mandate to complete the IPO application process.

Can I submit more than one application for the public issue of Mukka Proteins Ltd. using one PAN?

You can submit only one application using one PAN card.

What is the minimum order quantity for Mukka Proteins Ltd. IPO?

The minimum size of the application will be one lot.