Mukka Proteins IPO GMP

Mukka Proteins IPO: Last Day Frenzy! Should You Invest?

🚀 Don't miss out on the Mukka Proteins IPO closing today! Check out if it's the right investment for you. #MukkaProteins #IPO #Investment

Investors are buzzing as the Mukka Proteins IPO reaches its final day today, with a whopping 56 times subscription rate. The retail segment alone saw a staggering 36.42 times oversubscription, indicating high retail investor interest. With no offer-for-sale component, the ₹224 crore IPO has gained attention with a Grey Market Premium (GMP) of +25, hinting at strong listing prospects for the company.

The Mukka Proteins IPO comprises a fresh issue of 8,00,00000 equity shares, with a price band set between Rs 26 to Rs 28 per equity share. Unlisted shares of Mukka Proteins are already trading Rs 35 higher in the grey market, projecting a potential 125% listing gain. This anticipation of significant returns has added to the IPO's allure, attracting eager investors looking to capitalize on the expected success.

If you're considering jumping on the bandwagon, experts advise thorough research before deciding to subscribe. The IPO has garnered immense interest from both retail individual investors and non-institutional investors, reflecting the market's optimism towards Mukka Proteins' growth prospects and financial performance.

In a surprising turn of events, the Mukka Proteins IPO has already raised ₹67.20 crore from anchor investors, showcasing strong initial support. As the IPO closes today, the focus shifts to the eagerly awaited listing day, where investors hope to witness substantial gains. The grey market premium remains a hot topic, with numerous platforms tracking the soaring demand for Mukka Proteins shares.