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.
Do you really check finance of company ? before applying
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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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personally since I am long term investor , i check financials mostly as i rarely sell allotted IPOs
I check gmp only for apply and if alloted I check balance sheet and profits to know sell on listed date or hold.
Always apply based on GMP.
Never read any financial
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)
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.