Mukka Proteins Ltd. IPO

We manufacture fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food). Further, fish oil also finds its application in pharmaceutical products (additionally, ... the EPA-DHA extraction is used as an ingredient in nutraceuticals), soap manufacturing, leather tanneries & paint industries (Source: CRISIL Report). We sell our products domestically and also exports them to over 10 countries. Our Company, through our Associate, namely EPPL entered the business of manufacturing and selling of insect meal and insect oil. Read more

Our Company was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on March 21, 2003 under the name “Mukka Sea Foods Industries” pursuant to a deed of partnership dated March 13, 2003 and was re-constituted on July 14, 2004 and June 18, 2010. ... “Mukka Sea Foods Industries” was thereafter converted from a partnership firm to a private limited company under Part IX of the Companies Act, 1956, as “Mukka Sea Food Industries Private Limited” and a certificate of incorporation was issued by the Registrar of Companies, Karnataka on November 04, 2010. Subsequently, our Company was converted to a public limited company, pursuant to a special resolution passed by the shareholders of our Company at the extraordinary general meeting held on November 09, 2019 and the name of our Company was changed to “Mukka Sea Food Industries Limited” and a fresh certificate of incorporation consequent upon conversion to a public limited company dated December 02, 2019 was issued to our Company by the Registrar of Companies, Bangalore. Thereafter, the name of our Company was changed to “Mukka Proteins Limited” pursuant to a special resolution passed by the shareholders of our Company at the extraordinary general meeting held on July 23, 2021 and a fresh certificate of incorporation dated August 06, 2021 was issued by the Registrar of Companies, Bangalore. The CIN of our Company is U05004KA2010PLC055771.

Fish meal is predominantly used in high protein Compound Feeds. The demand for fish meal and fish oil in India driven by the aquaculture industry. The production of fish meal and fish oil depends on the natural availability of fishes and prevailing climatic conditions. In value terms the industry ... is expected to grow at of 5-9% between fiscal 2022 and 2026 reaching ` 16-20 billion. Insect based nutrition is emerging as a new source of protein in the global animal feed industry led by various factors such as high protein content, less water and land requirement, etc. Read more