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Mukka Proteins' IPO sets the tone for primary market

The Morning Standard

|

March 05, 2024

THE burgeoning primary market started its busy week on a robust note as the ₹224 crore Mukka Proteins' initial public offering (IPO) was booked 137 times at the end of its 3-day subscription period on Monday.

- ARSHAD KHAN

Mukka Proteins' IPO sets the tone for primary market

The retail investors' portion was subscribed more than 58 times while the Non Institutional Investors (NII) portion was booked 250 times. The quota of Qualified Institutional Buyers (QIB) portion was booked 189 times.

Following this strong trend, the IPO of R K Swamy was subscribed 2.18 times on Monday, the first day of booking. The 173-crore IPO received 1,79,73,350 bids for shares as against 82,32,946 shares. A prominent integrated marketing service group in India, RK Swami provides a comprehensive solution encompassing creative, media, data analytics, and market research services under one roof.

FLERE HISTORIER FRA The Morning Standard

The Morning Standard

Israel orders evacuation of Gaza City hosp

ISRAELI forces showed no signs of relenting on their new ground offensive in Gaza City on Monday as world leaders gathered in New York for the United Nations General Assembly and more countries prepared to join the surge of nations recognising a Palestinian state.

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1 min

September 23, 2025

The Morning Standard

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Op Kavach: Cops raid 2K spots in city

UNDER \"Operation Kavach 10.0\", the Delhi Police has arrested 120 drug peddlers in 96 NDPS cases while recovering of a substantial quantity of drugs, along with Rs 21 lakh cash. Police conducted raids at 2,003 locations across the capital and arrested over 800 people for different offences.

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1 mins

September 23, 2025

The Morning Standard

JMI stir over detention of students

STUDENTS at Jamia Millia Islamia (JMI) organised a protest in response to detentions during a march held on Monday to mark the 17th anniversary of the Batla House encounter.

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1 min

September 23, 2025

The Morning Standard

Multi-level electric bus depot soon

Facility to house 384 electric buses | NextGen GST reforms yielding tangible benefits, says CM.

time to read

1 mins

September 23, 2025

The Morning Standard

HC seeks varisty reply in plea on EVM tampering in DUSU polls

THE Delhi High Court on Monday sought the response of the chief election officer of Delhi University Students' Union on a plea challenging the result of the recently held DUSU polls in the capital.

time to read

1 min

September 23, 2025

The Morning Standard

Waste chokes Munak Canal stretch

Govt to rope in contractor in first phase of cleanup to transfer 48,782 metric tonnes of garbage

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2 mins

September 23, 2025

The Morning Standard

3 held for duping people in fake govt programmes

THREE men were arrested for allegedly luring people to register as vendors in the 'Rashtriya Gramin Saksharta Mission' (RGSM), which they falsely projected as a Government of India scheme. Under this, vendors were assigned to supply school uniforms for students from underprivileged sections in various states, police said.

time to read

1 min

September 23, 2025

The Morning Standard

Jaishankar discusses issues of 'current concern' with Rubio

EXTERNAL Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Monday held their first in-person meeting ever since Washington imposed steep tariffs on key Indian exports over New Delhi's continued purchases of Russian oil.

time to read

1 min

September 23, 2025

The Morning Standard

No splurging on Diwali gifts this season: FinMin to govt depts

THE central government ministries and departments will have a frugal Diwali this year.

time to read

1 min

September 23, 2025

The Morning Standard

Britain weighs waiving visa fees to attract global talent

THE UK government is looking at bolstering a drive to attract global talent with a possible visa fee waiver to support the world's top science and tech talent relocation to the country, a media report said on Monday.

time to read

1 min

September 23, 2025

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