05 December 2020
Come, Join The IPO Party
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
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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...