Wednesday, April 6, 2022

Investing in IPOs: Look for these red flags before shelling out your money

In FY 2021-2022, 51 IPOs raised a record-breaking Rs 1,20,670 crore. While 32 of the newly listed stocks added roughly Rs 34,327 crore to investors’ wealth, 19 of them fell below the issue price and wiped out Rs 24,582 crore. Amid the uncertainty ET Wealth’s Babar Zaidi lists the dos and don'ts of investing in IPOs. Watch!

from Personal Finance News-Wealth-Economic Times https://ift.tt/vR6TLDH

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