Earlier, I never applied, never bothered , nor took intrest in IPO.Paise ki kami kisi hai. Kismat ki kami hai. Waise paisa kismat se hi hai. Chalo koi nahin. 😁
One of my Friend suggested very simple Maths and Formula...(Process Driven Approach Mainly) ...
He himself don't get MUCH Allotment, still he Follows the process and motivate us.
In 3+ years time frame if CAGR on the money (kept aside for IPO- 30k in the said case), is way below FD interest, than
Never turn back for IPO.
Disc: Strategy is for Good Quality IPO in retail 15k Max- for Listing Gain.(Kind of Pocket Money type)
Not a daily bread and butter earning with 10-20-50 Lakhs of investment.