Mukka Proteins IPO subscribed 136.87 times on Final Day

The Initial Public Offering of Mukka Proteins Limited was subscribed 136.87 times on the final day of bidding.

The issue received bids of 7,66,45,86,550 shares against the offered 5,60,00,435 equity shares, at a price band of ₹26-28, according to the data available on the stock exchanges.

Non-Institutional Investors and Qualified Institutional Buyer Portion was subscribed with 250.24 times and 189.28 times respectively, whereas Retail Portion and subscribed 58.33 times.

Fedex Securities Private Limited is the sole book-running lead manager and Cameo Corporate Services Limited is the registrar to the offer. The equity shares are proposed to be listed on the BSE and NSE.

Source : Equity Bulls

Keywords

MukkaProteins FundRaising IPO Oversubscription