There are many experienced investors here in VP and on Twitter, some of whom I highly respect, who outrightly ignore IPOs. If you belong to this group, I encourage you to fact-check with data, as the data suggests a different story.
I had a similar argument with my friend, and he analyzed IPO data from 2017 to 2022. He took the closing price of IPOs on the listing date and concluded that “Even if we don’t get IPO allotment, buying after listing and holding till the present date has been profitable and has outperformed the Nifty 50 – achieving this 4 out of 6 times from 2017 to 2022.”
Article like Independence Day 2023: 33 of 38 mainboard IPOs jump up to 200% in past year | Mint gave same sense that IPO investing is profitable.
| Subscribe To Our Free Newsletter |
