M.K.Proteins Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 694,000 (47%) | — | ₹486 Cr |
| Retail | — | 694,000 (47%) | — | ₹486 Cr |
| Market Maker | — | 74,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 1,462,000 (100%) | — | ₹10,234 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirements – 9.73
- Issue Expenses – 0.50
Company Overview
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.