Investing in IPOs is a fashionable thing to do, especially in a bull market. To learn about what happens in a bull market during the IPO listing day and thereafter, study the following stocks
1. Dmart
2. ERIS
3. AUBank
4. HUDCO
5. CDSL
6. Dixon Tech
7. Apex Frozen
1. Dmart
2. ERIS
3. AUBank
4. HUDCO
5. CDSL
6. Dixon Tech
7. Apex Frozen
8. Salasar Techno Engg
9. Sheela Foam
10. Laurus Labs
11. Astron Paper
12. Bandhan Bank
Study these stocks - what their subscription levels were, how much institutional subscription was there, what price they were subscribed, what price they listed at, price after a year, etc.
9. Sheela Foam
10. Laurus Labs
11. Astron Paper
12. Bandhan Bank
Study these stocks - what their subscription levels were, how much institutional subscription was there, what price they were subscribed, what price they listed at, price after a year, etc.
Done the right way, subscribing to IPOs can be wealth creators. If you understand fundamentals better, you could even enter on IPO with subscription + cash, and hold stocks for a long time. But just because most IPOs concentrate on bull market doesn't mean you have to join.
I made some money in Music Broadcast, Bandhan Bank, AUBank, DMart, etc. Looking back though, whatever I got allotment on, had I held them for a year at least, my gains would have been 2-3x better. If you want to do some analytics on IPO data try chittorgarh.com for data.
If you do IPOs the wrong way though, it's a surefire way to wipe off 10-20% of your subscribed amount in one day. Go through the list of IPOs and their data on chittorgarh website and see how many IPOs destroyed wealth of subscribers and shareholders.
