Mukka Proteins IPO

Mukka Proteins IPO: A Fishy Investment Opportunity Making Waves in the Market

Exciting updates on Mukka Proteins IPO - last chance to subscribe today! Find out about the sky-high subscription rates and more.

The Mukka Proteins IPO is creating a buzz in the market, with today being the last day for bidding. The IPO, valued at ₹224 crore, has garnered immense interest, being subscribed 22 times so far. Investors are eyeing the strong listing prospects, as indicated by the GMP at +25. The company has already mobilised Rs 67.2 crore through its anchor book, enhancing the anticipation for its market debut.

As the Mukka Proteins IPO closes today, investors are rushing to check the subscription status. The company allocated 2.40 crore shares at ₹28 to anchor investors, including notable names like Neomile Growth Fund and Saint Capital Fund. With the IPO offering 8,00,00000 equity shares, the subscription rate has surged to 60 times, showcasing the high demand for the fish protein products manufacturer's stocks.

On the final day, retail investors showed significant interest, subscribing 36.42 times, while non-institutional investors' portion was also highly sought after. The IPO's success continued with a 56 times subscription rate and the previous day witnessing a 6.96 times subscription. Retail Individual Investors (RIIs) and non-institutional investors have shown strong confidence in Mukka Proteins.

In exciting news, Mukka Proteins IPO has seen remarkable interest from investors, with high subscription rates emphasizing the market's confidence in the company's growth potential. The strong response indicates a promising listing ahead, making it a lucrative investment opportunity for those looking to dive into the stock market.