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Mukka Proteins IPO price band has been fixed at Rs 26-28 a share

Unlisted shares of Mukka Proteins Ltd are trading Rs 28 higher in the grey market, expecting a 100 per cent listing gain from the public issue, Mukka Proteins IPO: Check Subscription Status, GMP Today

Mukka Proteins IPO received a healthy response from investors on the first day of bidding, with the issue sailing through within hours of opening. The demand was driven by retail investors, followed by NIIs. Most analysts gave a subscribe recommendation, citing fair valuations and a unique business model.

Mukka Proteins IPO opened with a price band of Rs 26-28 per equity share. The company aims to raise Rs 224 crore through the IPO, which closes on March 4. Analysts recommend subscribing due to fair valuations and a unique business model.

The initial public offering (IPO) of Mukka Proteins will open for subscription on Thursday. The issue closes on March 4. Through the public offer, the company plans to raise around Rs 224 crore. Here are 10 things to know about Mukka Proteins IPO before subscribing to the issue.

Anchor investors who participated in the anchor were Neomile Growth Fund, Saint Capital Fund, Zinnia Global Fund PCC, Eminence Global Fund PCC, Craft Emerging Market Fund PCC and Elara India Opportunities Fund.

The IPO is entirely a fresh issue of up to 8 crore equity shares, according to the fresh draft red herring prospectus

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