IPO Issue Details
Issue Price / Price Band₹70 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size14,62,000 shares (aggregating up to ₹10.23 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 31 Mar 2017
Subscription CloseFri, 07 Apr 2017
Anchor AllotmentThu, 30 Mar 2017
Basis of AllotmentThu, 13 Apr 2017
Initiation of RefundsFri, 14 Apr 2017
Credit of Shares to DematFri, 14 Apr 2017
Listing DateTue, 18 Apr 2017
UPI Mandate Deadline2017-04-07
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 2,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 4,000 shares
Net Offer to Public13,88,000 shares (aggregating up to ₹9.72 Cr)
Reserved for Market Maker74,000 shares (aggregating up to ₹0.5180 Cr)
Pre-IPO Promoter Holding27,08,800 shares
Post-IPO Promoter Holding41,70,800 shares
About M.K.Proteins Ltd.
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.
Objects of the Issue
M.K.Proteins Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
9.73
Shareholding & Lock-in
Pre-IPO Promoter Holding
27,08,800 shares
Post-IPO Promoter Holding
41,70,800 shares