Not Getting IPO allotment, here is the chance to Invest in your Favorite Stock.
Not Getting IPO allotment, here is the chance to Invest in your Favorite Stock. Last month of the Indian stock market was IPO month. 10 new companies came with Its initial public Offering, here is the detail:- In this month, we see the volatility in the market. Nifty made its new high of 15336 on 12 th march and the correction of 1071 Point in just 10 days with a low 14264. Because of the volatility in market, Listing gain of new IPOs was impacted. Most of the companies listed in discount after getting good subscription:- As mentioned in the above chart, MTAR, Laxmi Organic and Easy Trip the companies who gets hundred plus subscription didn’t give good listing gain to its investors. These all above companies have potential to give good return to its investor in upcoming period. Now we will discuss about this. My Point of View We can see in past year investors get good listing gains who got allotment, but it didn’t mean that those who didn’t get allotment cannot get...