Waaree isn’t making any semiconductor chips 
. Its price is inflated, so it’s not the right time to jump in. Nothing against the company, but what if the IPO price is set at 1500? It’s better to wait for the IPO and buy then, instead of buying at a high price now and being stuck during the lock-in period. Your capital will just be tied up unnecessarily. But hey, it’s your call.
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