Mukka Proteins Limited IPO Message Board (Page 29)

Yes. Not just this. In TCS case, the price didn't reach the buyback price immediately but it reached later stage. IPO is all luck but Buyback is a strategy and is good for short - Medium term profits which is guaranteed.

Never ever @Hiren rock ! The main reason is allotment for highly subscribed ips in general.

Even for secondary market, you should double think before taking loan with 1% interest rate. It is difficult to earn money like this, go gradually. Learn trading and investing with 10K first and the see how much profit/loss you make to learn better.

@jsk from where should i learn?

आप 10 लाख की लिंक fd बनवाए yes bank में 7.5% बाकी 4.5%आपके रु 45000 नुकसान मान कर चलिए,
अच्छे IPOमे लगाए, पूंजी सुरक्षित रखें।साल में दो IPO भी लगे पैसा आ जाएगा।
क़र्ज़ का पैसा secondry mkt में भूल कर भी न लगाए,
बाकी आपकी मर्जी, नफा-नुकसान आपका
बाजार कब तक चले,कब बैठ जाएं कोई नहीं जानता
यदि पैसा बचे तो उस बचे पैसे को बाजार में लगाए

​@zero luck एकही मिलता हैं।

isne to abhi se dam tod diya. link open nahi ho rahi.

It's CAMEO INDIA sir

​@R R S 
I have applied for 72 lots x 2 Bhni

​@DEVBULL Applied 74 lots x4
Put in practice what learnt from you ....will share the result .
Good luck to you

​@DEVBULL Applied 71 lots × 4
try to do practical.. After learning from you..
Let see ..will share the result..
All the best..Bandhu 🥀🥀

​@diwan kapoor  Good luck to you 🍀

​@Rakcyt Good luck to you also.. Bandhu 🥀

​@DEVBULL Good luck

​@DEVBULL @Rakcyt @diwan kapoorFirst of all Best of luck to all of you.. I have a question here if anyone of you or others can answer and help me to understand the process. I have seen some BOA of oversubscribed Mainboard IPO and noticed that if applications are less in large lot thn one will not get even one base lot of that category. So what's the benefit of applying such large lot and block the amount? Anyways one will get only one base lot of approx 2 lakh if got lucky so why to apply large lot. As per me applying multiple application from different demat of min size lot of that category(shni or bhni) should be more helpful... please correct 🙏 if I am missing something.. thanks

​@Gauravnnl  Yes you are right and this may happen .
It's calculated risk with some hit n trial error too . You can continue to stick to basic option of minimum lots for HNI .

​@Gauravnnl This is my first try to apply for more than Bhni lot.. with this assumption that there will be less applicants in these catagories.. So will be less competition ..as explain by Mr @DEVBULL Ji..
So this is just for try..
Will disclose the result here after allotment..

​@DEVBULL Sir Could you please explain the concept of BOA?? I am bit confused. How Much Application needed in a particular lot category to get qualify for lottery?? How the ratio is calculated??

​@Aman Soni  Thanks for sharing . Let's hope for best AR . The share also upgraded to Overweight @ 8900 target .

"Aam ke aam guthlio ke bhi daam "
Good luck to all

Mails for 3 ac also received

​@Rakcyt  What you mean by AR. I received mail from Linkin time and I have 1 share and my entitlement is zero. So 1 share strategy will not work right?

​@Jey Nayak  AR= actual ratio
The one mentioned in mail is entitlement but may vary once process ends.
I have holding of 5_10_11 and hence ratio is 1-2-2 accordingly. No idea about 1 shares entitlement dear .

So, can I still apply for Buyback. As per mail received I am not entitled bcz I am holding only one share?

​@Jey Nayak  You have 2 good options
1. Still apply and try your luck
2. Sell during buy out period as price will peak .
Given an opps at 8.7-9k I will sell all my holding

​@Jey Nayak AR means acceptance ratio.
And if you have 1 share then you get email saying "no entitlement", but, you can tender it anyways. If you are lucky they will accept it. If they do not then you can always sell later..

Or if you want then as Rakcyt has suggested sell it when price peaks during buyback period.

AR is generally more than ER but not always..

All the best..

Thank you boss.. buyout period means from 6th march to 13 to march?

Yes you are right @Jey Nayak

​@Vimal Garodia  Thanks for correction.

If a person had one share on record date he might have got email stating that entitlement is zero. Such person should tender one share in buyback. I think one share may be bought back by the company from at least 50 or 60 percent of such persons. It is my estimate which may go wrong also

Okay, then how to apply for Buyback and when we will come to know that our share is bought back? So after applying for buyback, I will not able to sell right untill I will come to know whether my share is bought back or not, or Can I sell?

If a person had 10 shares on record date and he got email that his entitlement is two. If he tenders two shares then both will be bought back by the company, for sure. But if he tenders ten shares then my estimate is 3 shares will be bought back by the company. Estimate can go wrong also but buyback of at least two shares is confirm

A person should not tender more shares than number of shares he had on record date. Profit from buyback is free of income tax ie STCG LTCG but profit needs to be shown in ITR under head Exempt Income. But if you sell shares in secondary market it is subject to STCG or LTCG

​@Jey Nayak Buyback window will remain open from 6 to 13 March as per my information. Please check yourself on Google. Also your broker may stop accepting shares for buyback at 2 or 4 pm etc on the last date . u have to tender shares through your broker. On 20th March payment for accepted shares will be credited to your bank account and unaccepted shares will be credited to your demat account. If you apply on 6th March u can cancel application till 12th March some brokers allow it some don't allow withdrawal of application. If you tender shares in buyback u can not sell those during 14 to 20 March. If a person had ten shares on record date but he tenders only two shares then he can sell remaining shares at any time. Please re check information given by me from other sources also

​@investormahesh All points explained beautifully and are on dot .
My only worry is in case of zero entitlement weather or not he will get the option to even apply .

Pls read as .....whether....

Pls read as .....whether....

​@Rakcyt Yes, one can apply even if there is zero entitlement, as long as you have at least one share before record date..

​@Rakcyt @Vimal Garodia Any estimate for likely AR? I got the mails for buyback of 5 out of 20 shares from my 3 accounts

​@rohiitian We are sailing the same boat with similar entitlement. If price moves higher the AR may go up as profit booking may happen instead of buying back option.

​@rohiitian Right now the consensus is AR is slightly higher than ER, but, as price moves up lesser number of people would tender their shares and sell in open market. If lesser people tender then higher AR and higher chance for 1 share strategy to work effectively.

Right now about 50% of one share accounts would get accepted but if price moves up then here also chances improve..

Hope this helps..

Thanks a lot guys for beautiful and detailed explanation.

​@Vimal Garodia I think AR can only go > ER after acceptance of all 1 shares tendered. Am I correct or missing something?

​@Shubham Shukla Yes, this is the understanding. But this time many are expecting AR = ER and 1 share strategy might not work for all and some are expecting AR slightly > ER where 1 share strategy will work..

So it is like a suspense movie, just wait and watch...

I hold 4 shares, and got email that 1 is entitled for buyback.
If i tender all 4, is there any chance of getting more than 1.

​@ElDorado Looks difficult..

I still do not understand, why one share strategy is not working in Bajaj Auto?
Also, even if I still tender my share but then I decide to sell in market before offer closes, will I be able to do that?

Good news for Bajaj Auto owners ( i meant shares and not literally 😄) , Mr Bajaj values this stock @ 12000. Get ready for some fuel in the fire in the coming days 😯 .
If it crosses 8900 for my that's safe exit

​@Vikas Lohia If you tender your share, it is blocked and you cannot sell it until it is unblocked again after the buyback is over..

So wait until last 2 days of buyback and if you get a good price, sell in market else apply for buyback and take a chance, they might just accept it!😊😊

Sharing one secret🤫

First come first out.. Make sure you have to place buyback order on first day (if it's possible place order in market hours).

1 share STREGERY will work on this.

​@HappyToHelp , In Zerodha even if you place order on day-1 they place the order on exchange one day before closing.
https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/how-do-i-apply-for-buy-back

I have one bajaj auto share. How do i tender the share for buyback. My broker is upstox. Please guide me. Thanks in advance.

​@HappyToHelp  Are you sure first come first out will works on Bajaj buyback?

​@rohiitian , AR will be equal to ER in this case.
As per the current scenario, not more than 5 shares will be accepted out of your 20.

Thanks @GrayIsTheNewBlack I saw a video by Pankaj Ladha online, which comes to the same conclusion and explains the logic well

​@rohiitian , the price gap is pretty high attracting a lot of single share participants, thereby restricting AR for others to the extent of ER.

Btw, VR (Virtual Reality) Infra me kya karna hai ?
Virtually goodbye karde or Reality me apply kare 😉

Good thing ...my target may come before end date ...will exit so that others get better AR.😄
Good luck

​@GrayIsTheNewBlack Haha very confused. Many realty peers are at 4-5-6x sales, so it's valuation is not out of whack...Are you seeing any active trades in gray?