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Mukka Proteins Limited

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Mukka Proteins Limited
Public
Traded as
ISIN🆔INE0CG401037
IndustryFish meal
Founded 📆1960 (1960)
Founder 👔Kalandan Mohammed Haris, Kalandan Mohammad Arif, Kalandan Mohammed Althaf
Headquarters 🏙️, ,
Number of locations
20 (2024)
Area served 🗺️
Worldwide
Key people
Kalandan Mohammed Haris (Managing Director), Kalandan Mohammed Althaf (Chief Financial Officer), Kalandan Mohammad Arif (Chief Operating Officer)
Products 📟 Fish meal, Fish oil, Fish soluble paste
OwnerPromoters (73.33%), Public (26.66%)
Members
Number of employees
1500
SubsidiariesHaris Marine Products Pvt Ltd, Atlantic Marine Products Pvt Ltd, Ocean Aquatic Proteins LLC
🌐 Website{{URL|example.com|optional display text}}
📇 Address
📞 telephone

Mukka Proteins Limited is an Indian multinational corporation specializing in the production and export of animal protein products, primarily fish meal, fish oil and fish soluble paste, headquartered in Mangaluru, Karnataka.[1][2][3]

History

Mukka Proteins was initially founded in 2003 as a partnership firm under the name "Mukka Sea Foods Industries." It was incorporated as a private limited company in 2010 and later converted into a public limited company in 2019. The name was changed to Mukka Proteins Limited in 2021, reflecting its broader focus on animal protein products.[1][4]

The company is listed on the National Stock Exchange of India (NSE) under the symbol NSEMUKKA. As of its initial public offering (IPO) in 2024, the promoters held 73.33% of the company's shares, with the remaining 26.67% held by public investors. The shares listed at a 57% premium on the offering price.[5]

For the fiscal year ending March 2024, Mukka Proteins reported a revenue of ₹1,380 crores and a net profit of ₹87 crores.[6]

Operations

Mukka Proteins operates manufacturing facilities in India and Oman, using equipment to process raw fish into products. The company also owns blending and storage facilities.[7][8]

Its products include:

  • Fish meal: a high-protein feed ingredient for aquaculture and livestock
  • Fish oil: used in animal feed, nutraceuticals, and industrial applications like soap and paint manufacturing
  • Fish soluble paste: a by-product used in aqua feed production

References

  1. 1.0 1.1 "SEBI | Mukka Proteins Limited - RHP". www.sebi.gov.in. Retrieved 2025-01-13.
  2. "Mukka Proteins Ltd receives orders worth Rs. 15.25 crores from Avanti Feeds Ltd". APN News (Press release). 2024-03-18. Retrieved 2025-01-13.
  3. "Mukka Proteins Limited Announces Rs 98 Crore Preferential Issue for Acquisition and Expansion". ANI News (Press release). Retrieved 2025-01-13.
  4. ET NOW (2024-02-28). Mukka Proteins IPO To Open On Feb 29 | Tracking The Plans For ENO Proteins | Business News. Retrieved 2025-01-13 – via YouTube.
  5. "Mukka Proteins lists at 57% premium over IPO price; should you hold or sell for listing gains?". The Economic Times. 2024-03-07. ISSN 0013-0389. Retrieved 2025-01-13.
  6. "Mukka Protein". www.mukkaproteins.com. Retrieved 2025-01-13.
  7. "Mukka Proteins". www.mukkaproteins.com. Retrieved 2025-01-13.
  8. Kataria, Ketan (2024-03-01). "Mukka Proteins IPO Receives Strong Response, Oversubscribed by 6.97 Times on Day 2". goodreturns.in. Retrieved 2025-01-13.

External links

  • {{URL|example.com|optional display text}}



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