MK Proteins is coming out with an initial public offering (IPO) of 14,62,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 70 per equity share. The issue will open on March 31, 2017 and will close on April 07, 2017. The shares will be listed on NSE Emerge Platform.
The company will use the issue proceeds for meeting the working capital requirements and issue expenses.
The book running lead manager to the issue is Sarthi Capital Advisors, while the compliance officer for the issue is Shipra Anand.
M K Proteins engaged 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. It 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.
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