Do you really check finance of company ? before applying

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Rosh_0007
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so today i had a discussion with my friend... he applies lot's of IPO..  so i asked him due you check balance sheet or P&L of company before applying... ?

He said only " he checks GMP and Apply blindly" 

What do you see before applying IPO's .. ? since there is lots of IPO coming in stock market!!

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Deal Lieutenant Deal Lieutenant
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If you need listing gain then GMP & subscription should be enough. There might be some loss but overall more than 90% IPOs should give profit if GMP is high and subscription is good.

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Deal Lieutenant Deal Lieutenant
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If you need listing gain then GMP & subscription should be enough. There might be some loss but overall more than 90% IPOs should give profit if GMP is high and subscription is good.

Deal Lieutenant Deal Lieutenant
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personally since I am long term investor , i check financials mostly as i rarely sell allotted IPOs

Commentator Commentator
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I check gmp only for apply and if alloted I check balance sheet and profits to know sell on listed date or hold.

Blaze Blaze
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Always apply based on GMP.

Never read any financial

Hotshot Hotshot
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I follow sebi registered advisor. since ltcg has shot up to 20% . I only apply those that i can hold for min 1 year. latest IPO that i got , have to hold for min   1 year else loss of 7.5%(stcg 20vs ltcg 12)

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Benevolent Benevolent
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seems a typo, its stcg thats 20%
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