Mukka Proteins IPO allotment finalised : Here’s how to check status

Animal proteins products manufacturer Mukka Proteins is expected to announce the share allotment for its initial public offer (IPO) on Tuesday, March 5. The three-day subscription period for ₹224-crore maiden public offer of Mukka Proteins closed on Monday, March 4.

Mukka Proteins IPO subscription saw a strong demand from investors and was over-subscribed around 137 times. Reflecting the strong demand from institutional investors, the category for qualified institutional buyers was subscribed around 189 times at the close of the offer.

After the stellar IPO, investors are eagerly awaiting the allotment of shares. The credit of shares to Demat accounts and refunds will be initiated on March 6. Mukka Proteins shares are tentatively scheduled to be listed on the stock exchanges, NSE and BSE, on March 7.

While successful investors will be notified by the company about share allotment through emails and SMS, investors can easily check the allotment status on the official websites of NSE, BSE and registrar. Cameo Corporate Services Ltd is the registrar of the IPO.

Steps to check share allotment on registrar’s website

• Visit Cameo Corporate Services Ltd IPO website (https://ipo.cameoindia.com/).
• Select Mukka Proteins from the dropdown list for company names.
• Enter PAN details or Application No.
• Enter Captcha and click on the submit button to get allotment status.

How to check status on BSE website

• Go to official website of BSE (https://bseindia.com).
• Click on Investors and go to Investor Services section.
• Click on Application Status (https://www.bseindia.com/investors/appli_check.aspx).
• Select Mukka Proteins and enter details like PAN or application number.
• Click on the submit button to check status.

Mukka Proteins IPO subscription and other details

The ₹224-crore public offer of Mukka Proteins received an overwhelming response from investors with the issue subscribing by more than 136 times.

The offer closed for subscription on Monday and it garnered applications for a total of 766.57 crore (7,66,57,65,155) equity shares against 5.6 crore (5,60,00,435) equity shares on offer.

Among different categories, the qualified institutional buyers’ (QIBs) portion was subscribed 189.28 times. The non-institutional investors’ portion was subscribed 250 times while the retail portion was subscribed 58.52 times.

The initial share sale of Mukka Proteins comprised a fresh issue of 5,60,00,435 equity shares. There was no Offer for Shares component. The company fixed the price band at ₹26-28 per share. The minimum lot size was 535 shares.

Mukka Proteins raised around ₹67 crore from anchor investors on February 28 ahead of the launch of the IPO.