The IPO allocation for Mukka Proteins was completed on Tuesday, March 5. The business is anticipated to arrive on Dalal Street on March 7. The shares will be deposited into the demat account of the investors who applied for the issue and were granted allocations on March 6. They have access to the registrar’s website and BSE to check the allotment. Beginning on March 6, Cameo Corporate Services will begin processing refunds. Mukka Proteins IPO set to list on March 7
The issuer, in this case Cameo Corporate Services, is the registrar of the issue and is in charge of the refund and IPO allocation. On the Cameo India website, investors can review allotment and other information. Where the details can be filled in: To view the allotment status, enter the IPO name and PAN card number and click the search button.
Compared to the issue price of Rs 28, shares of Mukka Proteins were trading at a premium on the grey market of Rs 35, or 125%. On February 29, the fish meat company’s issue was put out to bid, and on March 4, it was concluded. Rs. 26–28 was the price range that the company set for its IPO.
Fish soluble paste is a special ingredient used in the production of pet food, poultry feed, and aqua feed. The company makes and supplies fish meal, fish oil, and fish-soluble paste. In the fish protein market, Mukka Protein is a major player, exporting to more than ten nations, including Bahrain, Saudi Arabia, Chile, etc.
The company states that the money will be utilized for other general corporate purposes, as well as to finance the company’s working capital needs and investment in Ento Proteins.
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