05 December 2020

Come, Join The IPO Party

Himali Patel
How To Get It Right? Place bids with multiple demat accounts to ensure allotment in oversubscribed IPOs Apply during the initial days Go by fundamentals; don’t seek only listing gains Be patient; don’t look for returns within weeks or months Grey market premium is only an indicator; it doesn’t reflect the actual price RHPs and DRHPs are the best way to judge IPOs Check promoters’ background, growth patterns, and cash flow stability Avoid high-risk projects, and companies with not-so-good backgrounds *** Yesha Shah, a chartered accountant from Mumbai, has been burning the proverbial midnight oil, researching on companies scheduled to enter the equity market with Initial Public Offers (IPOs). Shah’s first IPO investment brought her a windfall and got her hooked into making some quick moolah. In fact, the 25-year-old has already reaped a 60 per cent return...
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