Mukka Proteins Limited IPO Message Board (Page 33)

Applied..

​@Tejas Pandya FF sir?

So true most of people are nowadays apply for listening day gain only on the basis of GMP , they don't care about nature of business, litigation claim etc
Higher the GMP - higher no of application
1cr demat in last 6 months kon hai yai ? Most of them are GEN-Z (like me ) my generation people just care about money . I know this may sound ridiculous but this is reality.

You both can invest in fundamentally sound companies like reliance, HDFC bank, Infosys, TCS, HUL, ITC.
Let me try to get profit from Mukka.

Never said I wasn't applying here. Will be going with 5x BHNI Mr. Singh 

Just helping set expectations since many people think it'll be easy to get allotment - it will not

@Prince 🤴 The asking price factors in all the litigation risks and still leaves upside. Nature of business does not concern me. Rarely do companies grow at this pace, profitably, at such low multiples. I don't know if it'll list at GMP, but discount listing is very unlikely.

​@rohiitian , there was a word on the street that many people would be avoiding this due to personal beliefs.
But looking at the subscription blast in first few minutes (from 3x bHNI -> 55x bHNI), such people seem to be very few in numbers.

​@GrayIsTheNewBlack I think it was driven by locking of funds in Exi & Plat. Now that people think there may be better chance of allotment, it will oversubscribe even more than normal :/

Since issue size is very small, number of times is going to be very high.
I'm interested in seeing total amount in crore it goes in BHNI category.

​@MVP expecting ~10k Cr in both HNI categories together.

Hi @rohiitian 

is this long term or very shortterm(for listing gain)?

​@Pangaj Don't be like me Listing gain for sure, long term if you can stomach litigation risks and questions around promoter credibility (I will exit on listing if I get lucky). Biz is good.

​@rohiitian , keeping promotors shoddy activities aside this seems like a 3x candidate to me.
Anyways all the registrars have blacklisted all my family PANs for the mainboard allotments (with good GMP) - 2x,3x or 8x doesn't matter :(