Mangaluru-based Mukka Proteins, manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food), has garnered Rs.67.20 crores from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, February 29, 2024. The company informed the bourses that it allocated 2,39,99,565 equity shares at Rs. 28 per share on Wednesday, February 28, 2024, to anchor investors.
Anchor investors who participated in the anchor were Neomile Growth Fund, Saint Capital Fund, Zinnia Global Fund PCC, Eminence Global Fund PCC, Craft Emerging Market Fund PCC,and Elara India Opportunities Fund.
Fedex Securities Private Limited is the sole book-running lead manager and Cameo Corporate Services Limited is the registrar to the offer. The equity shares are proposed to be listed on the BSE and NSE.
The issue consists of a fresh issue of up to 8 crore equity shares with no offer for sale (OFS) component.
The Company is proposing to open its initial public offering of Equity Shares (the “Offer”) on Thursday, February 29, 2024, and closes on Monday, March 04, 2024. The price band for the Offer has been determined at Rs 26 – Rs 28 per equity share.
The IPO will fetch Rs 224 crore at the upper end of the price band.
