Fixed Price IPO | ₹10 Cr | Listed at NSE SME | Fri, Mar 31, 2017 - Fri, Apr 7, 2017
M.K.Proteins IPO is a fixed price issue of ₹10.23 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹10.23 crore.
M.K.Proteins IPO bidding started from Mar 31, 2017 and ended on Apr 7, 2017. The shares got listed on NSE SME on Apr 18, 2017.
M.K.Proteins IPO price is ₹70 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,80,000.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to M.K.Proteins IPO RHP for detailed Information.
IPO Open
Fri, Mar 31, 2017
IPO Close
Fri, Apr 7, 2017
Issue Price
₹70 per share
Market Cap (Pre-IPO)
₹29.20 Cr
| IPO Date | 31 Mar to 7 Apr, 2017 |
| Listed on | Tue, Apr 18, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹70 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 14,62,000 shares (agg. up to ₹10 Cr) |
| Reserved for Market Maker | 74,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.5180 Cr) |
| Fresh Issue (Ex Market Maker) | 13,88,000 shares (agg. up to ₹10 Cr) |
| Net Offered to Public | 13,88,000 shares (agg. up to ₹10 Cr) |
| Share Holding Pre Issue | 27,08,800 shares |
| Share Holding Post Issue | 41,70,800 shares |
| NSE Symbol | MKPL |
| ISIN | INE964W01013 |
M.K.Proteins IPO comprises a total issue size of 14,62,000 shares. The net offer to the public is 13,88,000 shares, after excluding 74,000 shares allotted on a firm basis. Of the Net offer 6,94,000 (50.00%) allocated to NII 6,94,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,94,000 | 50.00% | 47.47% |
| Retail Shares Offered | 6,94,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 74,000 | 5.06% | |
| Total Shares Offered | 14,62,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,40,000 |
| Retail (Max) | 1 | 2,000 | ₹1,40,000 |
| HNI (Min) | 2 | 4,000 | ₹2,80,000 |
Incorporated in 1992, M K Proteins Limited engages in manufacturing and trading of edible oils. The company offers refine rice bran, sunflower, cotton seed, soya bean, palm, canola, and rice bran bleached oils. They also provides by-products, such as rice bran fatty acid oils, rice bran waxes, gums, and spent earth; and imports and trades in edible and non-edible oils.
They also produce rice bran oil, sunflower oil etc with protein content, with controlled fiber free from oil residue, ash and sand & silica. Further they also import crude oils, process them and sell the finished product. We also trade in both edible and non-edible oils. They are also in the process of launching their retail brand under the registered trademark - Gloh. Gloh will be launched in 2018 in the retail market with the aim of providing the purest and healthiest edible oils.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 9.73 |
| 2 | Issue Expenses | 0.50 |
The M K Proteins IPO is subscribed [.] times on April 7, 2017 5:00:00 PM (Day 5). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.40 |
| 2 | Regulatory Fees & Other Expenses | 0.10 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹70.00 |
| Open | ₹72.00 |
| Low | ₹70.20 |
| High | ₹72.05 |
| Last Trade | ₹72.00 |
Lead Manager Reports
M.K.Proteins IPO is a SME IPO of 14,62,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000.
The IPO opens on Fri, Mar 31, 2017, and closes on Fri, Apr 7, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in M.K.Proteins IPO using UPI as a payment gateway. Zerodha customers can apply in M.K.Proteins IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in M.K.Proteins IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The M.K.Proteins IPO opens on Fri, Mar 31, 2017 and closes on Fri, Apr 7, 2017.
M.K.Proteins IPO lot size is 2000, and the minimum amount required for application is ₹1,40,000.
You can apply in M.K.Proteins IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for M.K.Proteins IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the M.K.Proteins IPO allotment status.
The M.K.Proteins IPO listing date is on Tue, Apr 18, 2017.
