@ChalakPadiku ( I like the VP ID name. 
)
As of now I don’t have any new names on my radar of any recent listings which qualify as future winners. But that’s maybe because the IPO pricing is quite aggressive in tune with markets at all time highs.
However one company I have liked and bought recently has been BMW Industries. It is a steel converter and listed in 2021 ( not too recent to consider it as recent IPO). It has had a string of good quarterly and annual numbers. It’s a small cap company with 1600 crore market cap but has good basic characteristics of a company. High promoter (74%) holding, debt reduced in 2024, improving ROEs, improving sales, with steady margins, good addressable market, and management does presentations and concalls which makes it easy to track this company. Capex is coming on stream . If someone is interested in this company doing research is relatively easy because of the availability of resources at the click of a button of the computer. ( but if one is contemplating investing in such small caps, it is absolutely essential to do proper study and get enough conviction to hold during tough times. Just because someone like me or someone else has bought should not be a reason to buy)
Best thing to focus is good quality IPO coming during bear markets. That is when we get to choose really good companies listing at reasonable or cheap valuations.
The other aspect related to IPO I talked about once was that stocks that cross post IPO highs was a way to play momentum with appropriate stop losses.
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