I am not interested in any IPO at present per se. But interested for any opportunity. As you can see, many SME IPOs are now akin to lotteries. In fact almost every week I find companies are being listed more than double the issue price. Taking the lot size into consideration, it amounts to almost 1 lac gain for lucky ones. In some cases I have observed profit of more than 2.5 lacs. So you can understand the opportunities here and that is the reason we are having more than 1000 times subscription in some cases .
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