IPO Investing Golden rules
As more and more IPO's are coming nowadays so we need to look carefully which IPO to Select . I am mentioning few Golder rules for IPO - Investment. Do's Always search grey market premium for the IPO : Grey market premium indicates the demand of the IPO and share. IPO Review: Check IPO reviews on google, youtube, money control and based on reviews take the decision. Invest on 2-3 day: Don't' rush to invest on first day, wait and watch the subscription of IPO and based on that take the decision on investing on 2-3 day. For maximization of Allocation: Apply with Different PAN card and account i.e. wife's account, brother's account, parent's account. Don't Many brokers tell they will surely get you allocated in IPO, avoid these people as there is no mechanism available in the market that can guarantee the allocation.