Loading market data...

Mukka Proteins IPO

Specialty Proteins/Marine - Listed on 07 March 2024

+50.9% listing gain
Issue Price (Upper)
Rs 28
Listing Price
Rs 42.25
Closing Price (NSE)
Rs 42.25
Total Subscription
136.99x

Mukka Proteins IPO listing summary

Mukka Proteins (Specialty Proteins/Marine) closed its IPO window in 2024 and listed on NSE and BSE on 07 March 2024 at an upper band issue price of Rs 28, opening at Rs 42.25 for a listing gain of +50.9% and closing day one at Rs 42.25 (+50.9% on closing basis). The IPO was subscribed 136.99x overall - QIB 189.28x, HNI/NII 250.38x, Retail 58.52x. The total issue size was Rs 224 Cr (Fresh Issue Rs 224 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+50.89%
Listing Gain (Close)
+50.89%
Day Change After Listing
0.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB189.28x
HNI / NII250.38x
Retail58.52x
Overall136.99x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 18.06x
Day 222.22x
Day 3 (Final)136.99x

Mukka Proteins IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 42+321.43%
Day 2Rs 80+339.29%
Day 3Rs 93+321.43%
Day 4Rs 95+339.29%
Day 5Rs 95+339.29%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
321.4%-339.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+50.9%

Issue & financials

Issue SizeRs 224 Cr
Fresh IssueRs 224 Cr
OFSRs 0 Cr
IPO PE18.15
Peer / Sector PE21.56
PE vs Sector Ratio0.84
Latest EBITDA (Cr)23.27
Debt / Equity0.28

Market context at listing

How the broader market moved around the Mukka Proteins IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.09%
Nifty 1W Return+0.01%
Nifty 1M Return+3.96%
Nifty during IPO window-0.97%

Mukka Proteins IPO - FAQs

What was the listing gain of Mukka Proteins IPO?

Mukka Proteins IPO listed at +50.9% versus the upper issue price of Rs 28 on 07 March 2024.

How many times was Mukka Proteins IPO subscribed?

Mukka Proteins IPO was subscribed 136.99x overall. QIB portion was subscribed 189.28x, HNI / NII 250.38x and Retail 58.52x.

What was the IPO GMP for Mukka Proteins?

IPO GMP started at Rs 42 on Day 1 and moved to Rs 95 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

Other IPOs listed in 2024

Browse listed IPOs by year