Wednesday, March 29, 2017

M K Proteins Ltd IPO to open on Mar 31st

M K Proteins Ltd IPO is entering in the capital markets (through NSE SME) with an initial public offering, IPO of 1,462,000 Equity Shares of Rs 10 aggregating up to Rs 10.23 Cr. The price band for the issue has been fixed at Rs 70.

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.

The issue opens on Mar 31, 2017 and closes for subscription on Apr 07, 2017. The equity shares of the issue are proposed to be listed on the SME Platform of NSE.