Mukka Proteins lists with 57.14% premium on the BSE
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Mukka Proteins has debuted at Rs 44.00 on the BSE, up by 16 points or 57.14% from its issue price of Rs 28.
The scrip is currently trading at Rs 38.24, up by 10.24 points or 36.57% from its issue price. It has touched a high and low of Rs 44.00 and Rs 38.24 respectively. So far 26.10 lakh shares were traded on the counter.
The offering, which was open for subscription between February 29, 2024 and March 4, 2024 was subscribed 136.99 times. The issue price was fixed at Rs 28 per share i.e. at upper end of price band of Rs 26-28 apiece.
Mukka Proteins is one of the key players of the fish protein industry. The company manufactures fish oil which is used in the production of soap, leather tanneries, and the paint industry.
